China’s economic system in reform – retrospect of economic reform in the past decade

2020 ◽  
pp. 158-169
Author(s):  
Zhao Renwei
2018 ◽  
Vol 13 (4) ◽  
pp. 1-47 ◽  
Author(s):  
Simon Benedikter ◽  
Loan T. P. Nguyen

This essay offers reflections on Vietnam’s post-socialist state planning system and an upcoming government initiative to reform it. Thirty years after the departure from Soviet-style central planning, state-directed planning prevails as the dominant feature of Vietnam’s governance system, policy regime, and economic system. Our purpose is to examine why state-directed planning has been so resilient despite its many associated drawbacks in the past and present. We present a range of critical thoughts on the underlying causes and drivers that have preserved state-directed planning and that may jeopardize the nascent reform process.


2020 ◽  
Vol 4 ◽  
Author(s):  
Tammy Ayres ◽  
Dylan Kerrigan

Using Hauntology, this paper illustrates how the supposed demise of a socio-political and economic system – colonialism – still impacts on and has something to offer contemporary political analysis in Guyana’s gaols. Drawing on Fiddler’s spatio-hauntology alongside the work of Derrida and Gordon this paper shows how hauntology provides an alternative theoretical framework to look at the intergenerational transmission of trauma, which can be traced back to colonialism and slavery. It acknowledges the impact structural violence has on the collective imaginary and how this – consciously and unconsciously – shapes the psychosocial material underpinning contemporary Guyanese identities, desires, experiences, social action, and systems of punishment which includes prisons – its buildings, space, regimes, processes, sounds, laws and rationale. Guyana’s prisons contain phantoms of the past. Only by acknowledging Guyana’s ghosts and the phantasm of past trauma is it that we can begin to understand contemporary Guyana and Guyanese society, which includes their jails.


Author(s):  
John N. Drobak

Rethinking Market Regulation: Helping Labor by Overcoming Economic Myths tackles the plight of workers who lose their jobs from mergers and outsourcing by examining two economic “principles,” or narratives that have shaped the perception of the economic system in the United States today: (1) the notion that the U.S. economy is competitive, making government market regulation unnecessary, and (2) the claim that corporations exist for the benefit of their shareholders but not for other stakeholders. Contrary to popular belief, this book demonstrates that many markets are not competitive but rather are oligopolistic. This conclusion undercuts the common refrain that government market regulation is unnecessary because competition already provides sufficient constraints on business. Part of the lack of competition has resulted from the large mergers over the past few years, many of which have resulted in massive layoffs. The second narrative has justified the outsourcing of millions of jobs of U.S. workers this century, made possible by globalization. The book argues that this narrative is not an economic principle but rather a normative position. In effect, both narratives are myths, although they are accepted as truisms by many people. The book ties together a concern for the problems of using economic principles as a justification for the lack of government intervention with the harm that has been caused to workers. The book’s recommendations for a new regulatory regime are a prescription for helping labor by limiting job losses from mergers and outsourcing.


Author(s):  
Mona Chung ◽  
Bruno Mascitelli

This chapter examines Chinese migration and investment into Europe and explores models of migration and investment by identifying the gap between the two. The chapter highlights the major characteristics of Chinese investment and migration into Europe by identifying and separating the investment from Chinese state-owned enterprises (SOEs) and that of private individuals. This triangulation provides scholars and policy makers with a unique scenario. The migration and investment literature has been conducted as two separate and parallel topics. A small number of studies investigate the relationship of the two as one inter-connected relationship. There is even less focus on Chinese migration and investment due to the fact that over the past decade it has been a fast-moving phenomenon because of the speed of Chinese economic development. In addition, China's different political and economic system and its unique state structure adds another layer of complexity for scholars.


Author(s):  
Adriana Toledo

For the longest time, roughly from the 16th century, with the establishment of capitalism around the world, people have been working towards ways of ensuring their survival by accumulating assets and money. Capitalism is a system predominated by private ownership and the constant quest for profit and the accumulation of wealth. Despite being conceived as an economic system model, it influences political, social, cultural, ethical and many other spheres, encompassing our affecting our entire nation. With the onset of globalization over the past 50 years, the capitalist system has become the predominant system throughout the world and effects all beings in one way or another. In an effort to generate wealth, many factors influence decisions made within the world of finances, and ignorance of the theme is no longer an option. Financial education is an important discipline in providing citizens the opportunity to exercise their rights and duties within the financial world, allowing for more accurate decision-making. Financial citizenship entails an individual’s ability to make the right choices, exercising their rights and fulfilling the associated duties. It is a concept taken from the term citizenship.


1993 ◽  
Vol 135 ◽  
pp. 491-514 ◽  
Author(s):  
Barry Naughton

Deng Xiaoping's economic legacy is overwhelmingly positive and quite secure-in this, it stands in contrast to his troubled and ambiguous political legacy. Of all of Deng's achievements, the transformation of China's economic system is the only one that is currently judged to have succeeded, and to have benefited large numbers of people. Deng presided over the Chinese government during a period of enormous economic change. Under his leadership, the government extricated itself from a legacy of massive economic problems and began a sustained programme of economic reform. Reforms transformed the economic system and initiated a period of explosive economic growth, bringing the country out of isolation and into the modem world economy.


2005 ◽  
Vol 43 (3) ◽  
pp. 721-761 ◽  
Author(s):  
Paul Gregory ◽  
Mark Harrison

We survey recent research on the Soviet economy in the state, party, and military archives of the Stalin era. The archives have provided rich new evidence on the economic arrangements of a command system under a powerful dictator including Stalin's role in the making of the economic system and economic policy, Stalin's accumulation objectives and the constraints that limited his power to achieve them, the limits to administrative allocation, the information flows and incentives that governed the behavior of economic managers, the scope and significance of corruption and market-oriented behavior, and the prospects for economic reform.


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