The recent economic rise of China and India has attracted a great deal of attention--and justifiably so. Together, the two countries account for one-fifth of the global economy and are projected to ...represent a full third of the world's income by 2025. Yet, many of the views regarding China and India's market reforms and high growth have been tendentious, exaggerated, or oversimplified.Awakening Giants, Feet of Clayscrutinizes the phenomenal rise of both nations, and demolishes the myths that have accumulated around the economic achievements of these two giants in the last quarter century. Exploring the challenges that both countries must overcome to become true leaders in the international economy, Pranab Bardhan looks beyond short-run macroeconomic issues to examine and compare China and India's major policy changes, political and economic structures, and current general performance.
Bardhan investigates the two countries' economic reforms, each nation's pattern and composition of growth, and the problems afflicting their agricultural, industrial, infrastructural, and financial sectors. He considers how these factors affect China and India's poverty, inequality, and environment, how political factors shape each country's pattern of burgeoning capitalism, and how significant poverty reduction in both countries is mainly due to domestic factors--not global integration, as most would believe. He shows how authoritarianism has distorted Chinese development while democratic governance in India has been marred by severe accountability failures.
Full of valuable insights,Awakening Giants, Feet of Clayprovides a nuanced picture of China and India's complex political economy at a time of startling global reconfiguration and change.
As China is transformed, relations between society, the state, and the city have become central. The Great Urban Transformation investigates what is happening in cities, the urban edges, and the ...rural fringe in order to explain these relations. In the inner city of major metropolitan centers, municipal governments battle high-ranking state agencies to secure land rents from redevelopment projects, while residents mobilize to assert property and residential rights. At the urban edge, as metropolitan governments seek to extend control over their rural hinterland through massive-scale development projects, villagers strategize to profit from the encroaching property market. At the rural fringe, township leaders become brokers of power and property between the state bureaucracy and villages, while large numbers of peasants are dispossessed, dispersed, and deterritorialized, and their mobilizational capacity is consequently undermined. The Great Urban Transformation explores these issues, and provides an integrated analysis of the city and the countryside, elite politics and grassroots activism, legal-economic and socio-political issues of property rights, and the role of the state and the market in the property market. Available in OSO: http://www.oxfordscholarship.com/oso/public/content/management/9780199568048/toc.html
China's stunning growth rates have corresponded with the rise of 'state capitalism'. Since the mid-2000s, China's political economy has stabilized around a model where most sectors are marketized and ...increasingly integrated with the global economy; yet strategic industries remain firmly in the grasp of an elite empire of state-owned enterprises. What are the implications of state capitalism for industrial competitiveness, corporate governance, government-business relations, and domestic welfare? How does China's model of state capitalism compare with other examples of state-directed development in late industrializing countries? As China enters a phase of more modest growth, it is especially timely to understand how its institutions have adapted to new challenges and party-state priorities. In this volume, leading scholars of China's economy, politics, history, and society explore these compelling issues.
This book tells the full inside story of the Bush Administration and the Israeli-Palestinian conflict. Written by a top National Security Council officer who worked at the White House with Bush, ...Cheney, and Rice and attended dozens of meetings with figures like Sharon, Mubarak, the kings of Jordan and Saudi Arabia, and Palestinian leaders, it brings the reader inside the White House and the palaces of Middle Eastern officials. How did 9/11 change American policy toward Arafat and Sharon's tough efforts against the Second Intifada? What influence did the Saudis have on President Bush? Did the American approach change when Arafat died? How did Sharon decide to get out of Gaza, and why did the peace negotiations fail? In the first book by an administration official to focus on Bush and the Middle East, Elliott Abrams brings the story of Bush, the Israelis, and the Palestinians to life.
A trusted economic commentator provides a penetrating account of the threats to China's continued economic riseUnder President Xi Jinping, China has become a large and confident power both at home ...and abroad, but the country also faces serious challenges. In this critical take on China's future, economist George Magnus explores four key traps that China must confront and overcome in order to thrive: debt, middle income, the Renminbi, and an aging population. Looking at the political direction President Xi Jinping is taking, Magnus argues that Xi's authoritarian and repressive philosophy is ultimately not compatible with the country's economic aspirations.Thorough and well researched, the book also investigates the potential for conflicts over trade, China's evolving relationship with Trump, and the country's attempt to win influence and control in Eurasia through the Belt and Road initiative.
An authority on Asia and globalization identifies the
challenges China's growing power poses and how it must be
confronted When China joined the World Trade Organization
in 2001, most experts ...expected the WTO rules and procedures would
liberalize China and make it "a responsible stakeholder in the
liberal world order." But the experts made the wrong bet. China
today is liberalizing neither economically nor politically but, if
anything, becoming more authoritarian and mercantilist. In this
book, notably free of partisan posturing and inflammatory rhetoric,
renowned globalization and Asia expert Clyde Prestowitz describes
the key challenges posed by China and the strategies America and
the Free World must adopt to meet them. He argues that these must
be more sophisticated and more comprehensive than a narrowly
targeted trade war. Rather, he urges strategies that the U.S. and
its allies can use unilaterally without contravening international
or domestic law.
This book, a sequel to Inequality and Public Policy in China (2008), examines the evolution of inequality in China from 2002 to 2007, a period when the new 'harmonious society' development strategy ...was adopted under Hu Jintao and Wen Jiabao. It fills a gap in knowledge about the outcomes of this development strategy for equity and inequality. Drawing on original information collected from the recent two waves of nationwide household surveys conducted by the China Household Income Project, this book provides a detailed overview of recent trends in income inequality and cutting-edge analysis of key factors underlying such trends. Topics covered include inequality in education, changes in homeownership and the distribution of housing wealth, the evolution of the migrant labor market, disparities between public and non-public sectors, patterns of work and non-work, gender, ethnicity, and the impacts of public policies such as reforms in taxation and social welfare programs.
China Modernizes Peerenboom, Randall
2008, 2008-04-17, 20070101
eBook, Book
Two sharply contrasting views of China exist today; one of a rising superpower, and the other of an anachronistic, authoritarian regime. So which is the real China? Randall Peerenboom offers a ...controversial, first-hand account of modern China focusing on its economic, political and legal attributes within the context of the developing world.
In the aftermath of the 2000 presidential election, campaigns suddenly seem to matter, as do questions about the electoral process. Professors Johnston, Hagen and Jamieson have examined the US ...electoral process as an integrated event spanning a full year, drawing upon a data set that is massive in scale and novel in execution: the Annenberg 2000 Election Study. The scale of their fieldwork is such that they have been able to isolate key turning points and that dynamics can be studied within certain segments. The interviews are rich in opinion about policy, perception, information and judgement about candidates, media use and strategy. What is more, the authors have used candidate appearances, news coverage, and campaign advertising to provide the first integrated account of this or any US campaign.