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If you have a corona and it runs ?, Get this manual
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This is a well-written book with illustrations and proofs of points. The authors are well-respected in the economics community, as one of them will be the WTO Director General in Sep, 2002, and the other is the Regional Editor for BusinessWeek.
The economic impact of China accession is so profound that the book shouldn't be overlooked. This book will help you see the conflicting aspects of state-owned and private-held enterprises in China and the prospect of continuing administrative and economic reforms through the binding of WTO trade laws.
I gave the book 5 stars because it deserves to be the best.
The book considers carefully the economic, social and political consequences of this event. The phenomenal success of recent economic growth is attributed to high savings rates, protective laws and strong and effective government policies. However, the great challenges facing China to become a truly modern state are institutional reforms for sustained economic growth.
Based on the World Bank's projections, China would become the world's second largest economy in 2020 with 8% of global output, trailing the United States with a 19% share. If this happens, China's skilled workers would also see the world's highest wage gains, nearly a double increase! Consequently, the great challenge China's government and the World Trade Organization will face is to make sure that all levels of society receive a fair share of its economic growth.
Supachai Panitchpakdi and Mark Clifford correctly believe that globalization and trade promoted by the WTO for all nations, many of which are small, are equally important for China as well. Numerous studies indicate that there is a strong correlation between free trade and growth. Finally, it should be recognized, that China's entry into the WTO will dramatically raise the stakes for its Asian neighbors and rivals. It would attract more foreign investment followed by a higher sustained rate of growth and in turn would increase international trade and development and help other countries to develop their economies as well.
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A very detailed analysis of the developments in rural Chinese society over a period of massive upheaval. Provides tremendous insight into the social mechanisms at play, and the interplay of contemporary political movements with the traditional power structures in rural China. For anyone interested in or involved in rural development in China, a drama which is still going on in the 21st century, a must read. Also recommended for anyone interested in the interactions between policy-directed, centrally planned development and the way society responds to it.
Would like to see a similar follow up on the years between the cultural revolution and the present.
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There is something contained in this book for everyone, and written in the typical fashion of pervious books of this nature, each page is a joy to read and incredibly inspiring and heart-warming. For those who have daughters who are also mothers, this book will rekindle that special bond that, every now and then, one takes for granted once they "take wings and leave the nest" to conquer the world on their own. The book speaks of silent thoughts we often neglect to put into words to the children we love so very much. It is a beautiful book!