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We employ the “social conditions of innovative enterprise” framework to analyze the key determinants of China’s development path from the economic reforms of 1978 to the present. First, we focus on how government investments in human capabilities and physical infrastructure provided...
Persistent link: https://www.econbiz.de/10014077435
How are Asian countries preparing children to have skills—including creativity, innovation, and technical capability—to compete in the 21st Century global economy? Countries including China, Korea, Japan and Singapore have begun to integrate education policy and practice into a key component...
Persistent link: https://www.econbiz.de/10009393784
China and India are the two major gainers from the removal of quotas on textiles and clothing with phasing out of Multifibre Arrangement (MFA) with effect from Jan. 1, 2005. However, to reap the maximum benefits of the new quota free regime and to sustain the growth in this sector it is...
Persistent link: https://www.econbiz.de/10013115163
Starting from almost null in the late 1990s, China's mobile phone handset industry has grown to account for more than 40 percent of the current world production. While export growth has been overwhelmingly led by multi-national corporations (MNCs), increasingly fierce competition in the domestic...
Persistent link: https://www.econbiz.de/10005534134
The capture and permanent storage of CO2 emissions from coal combustion is now widely viewed as imperative for stabilization of the global climate. Coal is the world’s fastest growing fossil fuel. This trend presents a forceful case for the development and wide dissemination of technologies...
Persistent link: https://www.econbiz.de/10014204517
The profitability gap between state-owned enterprises and the non-state industrial sector in China is significant. Using a highly-disaggregated database of China’s industry in 2003, we estimate an average return to capital in state-owned enterprises about 9% that of foreign-invested firms, and...
Persistent link: https://www.econbiz.de/10005730251
This paper discussed the WTO panel and Appellate Body rulings in the China Raw Materials case. This sheds light on the question whether WTO members, when exploiting their natural resources, can give priority to the needs of their domestic market as opposed to the needs of other WTO Members. From...
Persistent link: https://www.econbiz.de/10014153960
During the Paris COP21 2015, China had submitted its INDC to aggressively reduce its CO2 emission and promoted renewable energy development. In recent years, China has not only fulfilled most of its INDC requirements but also grew tremendously in its renewable energy sector. The purpose of this...
Persistent link: https://www.econbiz.de/10014095949
This paper examines the impact of Chinese economic growth on the real price of crude oil based on monthly time series data from 1992:01 to 2017:06 using structural vector auto-regression (SVAR). The variables of the SVAR model are global crude oil production, index of global economic activity,...
Persistent link: https://www.econbiz.de/10014481185
China's need for vast amounts of minerals to sustain its high economic growth rate has led Chinese investors to acquire stakes in natural resource companies, extend loans to mining and petroleum investors, and write long-term procurement contracts for oil and minerals in Africa, Latin America,...
Persistent link: https://www.econbiz.de/10013110506