The Chinese economy today is at a critical crossroads. Sustained rapid growth has given rise to structural strains as well as sectoral imbalances. It has also generated socio-economic problems such as rising income inequality, rural discontent and environmental degradation. All of these must be addressed before China can enter the next lap of high growth. Containing 12 chapters, this volume is a collaborative effort of leading economists from Beijing, Singapore and elsewhere in the region in analyzing ChinaOCOs economic growth prospects and their concomitant problems and constraints."

The phenomenon of South-South FDI flows, particularly those arising from multinational companies from China and India, has generated considerable interest among policymakers, academics and the popular press in recent times. This phenomenon raises several questions such as: What is behind the rise of such intra-regional investment flows? What is the magnitude of such flows, and can they be expected to persist/accelerate over time? What are the challenges faced by emerging market multinationals and the future prospects of intra-Asian FDI flows?This book, written by top scholars from academia, international organizations as well as think tanks, consists of a set of papers focusing on these issues. The book is unique in its coverage — focusing on China, India and Southeast Asia rather than limiting itself to a sub-regional or country-specific focus. The chapters in this book highlight important policy issues but are supported with relevant data and empirics, with rigorous empirical analysis being applied to important practical policy issues. The book also provides pertinent overviews of recent research on the questions explored. While the chapters have been crafted to be able to stand up to academic scrutiny, they are also written in a manner that makes them easily accessible to all policymakers, students and business/financial journalists who are interested in Asia and in the emergence of South-South FDI flows.

The growing disconnect between China's market-oriented economy with its emerging civil society, and the brittle, anacronistic, and authoritarian state has given rise to intense discussion and debate about political reform, not only by Western observers, but also among Chinese intellectuals. While some expect China's political reform to lead to democratization, others have proposed to strengthen the institution of single-party rule and provide it with a solid legal base. This book brings the ongoing debate to life and explores the options for political reform. Offering the perspectives of both Western and Chinese scholars, it presents the controversial argument for building a consultive rule of law regime as an alternative to liberal democracy. It provides several critiques of this thesis, and then tests the thesis through empirical studies on the development of the rule of law in China.

This book consists of papers presented at the International Conference on “China: The Next Decade”, organized by the East Asian Institute at the National University of Singapore in 2007 to commemorate the Institute's 10th anniversary. With eight papers covering China's economic, social and political development, this volume offers a balanced yet in-depth assessment of the challenges facing China in the next decade.Featuring contributions from internationally renowned scholars, this timely volume analyzes key aspects of China's reforms and development, such as the financial reform, international trade, leadership succession, social protests, health care reform and ethnic relationships. It is suitable for China scholars as well as advanced undergraduate and graduate students interested in China's polity, economy and society.

Since the beginning of the 21st century, China's energy diplomacy has been expanding rapidly and the country is searching for energy resources worldwide. This movement has not only improved China's energy security and international relations, but also enabled the Chinese national oil companies (NOCs) to access new investment markets and implement development strategies. The Chinese government and the NOCs need each other's support to realise their respective interests. The interaction between the government and the NOCs will have a critical influence on China's energy diplomacy. The Domestic Dynamics of China's Energy Diplomacy explores the long-neglected domestic dynamics of China's energy diplomacy, in particular the interaction of national and corporate interests. It argues that the convergence of national and corporate interests is the key momentum of China's energy diplomacy. It observes that the government-NOC relationship has been evolving with China's economic and enterprise reform. Finally, it tests the empirical evidence of the domestic dynamics of China's energy diplomacy against the three mainstream international political economy theories, showing their merits and shortcomings in explaining the phenomenon, before providing an alternative conceptualisation of the movement.

China has an estimated 120-150 million internal migrants from the countryside living in its cities. These people are the engine that has been driving China's high rate of economic growth. However, until recently, little or no attention has been given to the establishment of a social protection regime for migrant workers. This volume examines the key issues involved in establishing social protection for them, including a critical examination of deficiencies in existing arrangements and an in-depth study of proposals that have been offered for extending social security coverage. Featuring contributions from leading academics outside China who have written on the topic as well as experts from leading Chinese academic institutions such as Chinese Academy of Social Sciences and the Development Research Center in the State Council, this volume provides a comprehensive account from both inside and outside China.

The untold story of the global poor: “Powerful, lucid, and revelatory, The Great Surge…offers indispensable prescriptions about sustaining global economic progress into the future” (George Soros, chairman of Soros Fund Management). We live today at a time of great progress for the global poor. Never before have so many people, in so many developing countries, made so much progress, in so short a time in reducing poverty, increasing incomes, improving health, reducing conflict and war, and spreading democracy. Most people believe the opposite: that with a few exceptions like China and India, the majority of developing countries are hopelessly mired in deep poverty, led by inept dictators, and have little hope for change. But a major transformation is underway—and has been for two decades now. Since the early 1990s more than 700 million people have been lifted out of extreme poverty, six million fewer children die every year from disease, tens of millions more girls are in school, millions more people have access to clean water, and democracy—often fragile and imperfect—has become the norm in developing countries around the world. “A terrific book” (Nick Kristof, The New York Times), The Great Surge chronicles this unprecedented economic, social, and political transformation. It shows how the end of the Cold War, the development of new technologies, globalization, and courageous local leadership have combined to improve the fate of hundreds of millions of people in poor countries around the world. Most importantly, The Great Surge reveals how we can accelerate the progress.

Introduction : China's political elites and their challenges -- pt. I. Who governs : China's political elites. 1. Top leadership. 2. Central committee. 3. Institutional representation. 4. Factional balance -- pt. II. How to govern : challenges. 5. Snowstorms in the South. 6. The Tibet issue. 7. Sichuan earthquake. 8. Beijing olympic games -- Conclusion : China's prospects for democratization

Once a sleeping giant, China today is the world's fastest growing economy--the leading manufacturer of cell phones, laptop computers, and digital cameras--a dramatic turn-around that alarms many Westerners. But in China: The Fragile Superpower, Susan L. Shirk opens up the black box of Chinese politics and finds that the real danger lies elsewhere--not in China's astonishing growth, but in the deep insecurity of its leaders. China's leaders face a troubling paradox: the more developed and prosperous the country becomes, the more insecure and threatened they feel. Shirk, a former Deputy Assistant Secretary of State responsible for China, knows many of today's Chinese rulers personally and has studied them for three decades. She offers invaluable insight into how they think--and what they fear. In this revealing book, readers see the world through the eyes of men like President Hu Jintao and former President Jiang Zemin. We discover a fragile communist regime desperate to survive in a society turned upside down by miraculous economic growth and a stunning new openness to the greater world. Indeed, ever since the 1989 pro-democracy protests in Tiananmen Square and the fall of communism in the Soviet Union, Chinese leaders have been haunted by the fear that their days in power are numbered. Theirs is a regime afraid of its own citizens, and this fear motivates many of their decisions when dealing with the U.S. and other foreign nations. In particular, the fervent nationalism of the Chinese people, combined with their passionate resentment of Japan and attachment to Taiwan, have made relations with these two regions a minefield. It is here, Shirk concludes, in the tangled interactions between Japan, Taiwan, China, and the United States, that the greatest danger lies. Shirk argues that rising powers such as China tend to provoke wars in large part because other countries mishandle them. Unless we understand China's brittle internal politics and the fears that motivate its leaders, we face the very real possibility of avoidable conflict with China. This book provides that understanding.

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