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In 2002 China enters the WTO. Long awaited by the world’s trading economies, it now comes in a year of global recession. What effect will China’s entry into the WTO have at a difficult time? The rapid expansion of China’s trade has required large adjustment in its trading partners, and the expansion and adjustment will accelerate with WTO entry. The internal adjustment pressures in China …
Japan’s Future in East Asia and the Pacific takes a ’big-picture‘ approach to Japan’s economic place in East Asia alongside that of China. It analyses Japan’s successes and experiments in trade policy as well as its failures in macro-economic policy. Japan’s diplomatic and economic integration strategies are also examined for their impact on East Asia and on Australia. The collectio…
China: Twenty Years of Reform outlines the experiences of China over the past two decades. It highlights the processes of reform, successes achieved, and problems faced during the economic transition. “China, and its relations with the international community, have been transformed. China’s economy has expanded five times, and its foreign trade by twelve. It has greatly increased consum…
The profound economic transformation in China is not a linear process. It is subject to fundamental shifts in its underlying structure. One of those structural transformations will be a shift from unlimited to limited supplies of labour in China’s economic development. Is China approaching this turning point? What are the dynamic forces in driving China moving towards this turning point? What…
After its predecessors turned humans and organizations into machines, the Fourth Industrial Revolution is turning machines into humans. As digital machines acquire more and more cognitive intelligence, the development of humans becomes ever more vital, for society and business alike. Time has come to recognize the value of art and humanities. As the world experiences massive turbulence and comp…
With its per capita income surpassing US$10,000, China has now drawn up ambitious plans to further lift its income to the level of developed countries. Yet various constraints need to be overcome if China is to build on the achievements of the last 40 years and further boost its growth potential. Besides these constraints, the year 2020 saw human societies hit heavily by the COVID-19 pandemic a…
This open-access book addresses latest Sino-German results of the joint research efforts within Major Water Program of the Chinese Government supported by German research funding. The Major Water Program aims at the restoration of polluted water environments and sustainable management of water resources in China. The joint BMBF-CLIENT project SINOWATER deals with three most significant and stro…
This special issue presents discussions of the role and meaning of religion for Korean society. Covering wide-ranging time periods, the authors explores with their own cases four major characteristics of Korean religion: Creativity, Greater Responsiveness, Adaptability, and Prophethood. Their topical religious traditions include Neo-Confucianism, Christianity, Buddhism, and Korean new religious…
The year 2018 marks 40 years of reform and development in China (1978–2018). This commemorative book assembles some of the world’s most prominent scholars on the Chinese economy to reflect on what has been achieved as a result of the economic reform programs, and to draw out the key lessons that have been learned by the model of growth and development in China over the preceding four decade…
The Chinese Economic Transformation, the 19th volume in the China Update book series, provides an opportunity for young economists to share their views on various issues relating to the Chinese economic transformation. More than half of the contributors to this book are female scholars. Some of the contributors are rising stars in the studies of the Chinese economy and economic transition, and …