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Chapter
Inflation, Financial Liberalisation and Bankruptcies in Argentina
In the mid-1970s, the Argentinian government embarked on a major programme of economic reform. The main elements of this reform programme were the liberalisation of domestic financial markets, the liberalisati...
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Chapter
Some Important Issues in the Reform of China’s Planning System
A decade has passed since the reform of the economic system began in China. The decade-long reform has had universally acknowledged achievements, but at the same time has met with many difficulties and contrad...
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Chapter
Factor Income Taxation in a Representative Democracy
During the past decade, economists have paid increasing attention to the political process of redistributing income. The public finance literature, led by Romer (1975), Roberts (1977), Aumann and Kurz (1977, 1...
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Chapter
The Prospects for China’s Economic Development and Reform in the 1990s
In this chapter we present a number of our opinions concerning the trend in China’s economic development and the success of the reforms introduced during the 1990s.
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Chapter
The Increase in Land Productivity
Although in general fewer and fewer scholars still insist that total farm production did not change in early and mid-Qing Jiangnan, we get very different (and even opposite) conclusions from their research. Fo...
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Chapter
Labour, Land and Climate
An allegation often made is that there was no change in the amount of cultivated land but a great increase in the agricultural labour force during the past six centuries and accordingly a growing surplus of la...
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Chapter
The Rationalization of Agricultural Resource Use
The most important resources in pre-modern agriculture were land, water, the labour force and draft animals. How to utilize these resources is central to the development of agriculture. The more rational the u...
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Chapter
The Externalization of Agriculture
If a region relies only on local resources and its products are only consumed locally, there are definite limits to the possibilities for expansion of production in that region. In contrast, if it can gain res...
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Chapter
The Rise in Labour Productivity
Since a peasant family (or household) was the basic unit of production in agriculture and the rural economy in pre-modern Jiangnan and the major labour force in the family consists of a man and a woman, we wil...
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Chapter
Overview
In the past 16 years, while many countries have been suffering economic recession or stagnation, China has experienced an economic boom of proportions rarely if ever attained in world history. As many indicato...
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Chapter
Techniques
It seems to be a commonplace that Chinese agricultural technology stagnated in the Qing, especially in Jiangnan.1 But does this accord with historical reality? When we discuss the problem of technological advance...
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Chapter
The Intensification of Agricultural Production
In traditional agriculture, one of the major ways to increase production is to raise production intensity, usually through increasing labour input or capital input or both per unit of cultivated land. The inte...
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Chapter
Conclusion
In the winter of 1983, I went to Wuxi county in southern Jiangsu to participate in a conference on the economic history of Jiangnan during the Ming and Qing times. While there, I also took the opportunity to v...
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Chapter
Distribution, Marketing and Consumer Behaviour in China
For many foreign investors, one of the main attractions of China is its enormous market size and the even greater potential for future growth (See Chapter 2). With the Chinese economy growing at about 10 per c...
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Chapter
Conclusions: Foreign Investment Environment in China Under the Open Door Policy
For many foreign investors, develo** a comprehensive understanding of China poses a major challenge. China is a complex society, by virtue of its deeply embedded and multi-layered cultural heritage, its long...
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Chapter
China’s Main Attractions to Foreign Investors
This chapter examines the main attractions of China to foreign investors in the context of the contemporary world economy. Three key issues are addressed here. First, the process of globalization in the evolvi...
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Chapter
The Foreign Investment Environment in China: The Hard Environment
The last two chapters examined the main attractions of China to foreign investors under the contemporary world economic climate and the evolution of China’s open door policy in the aspect of FDI. In the next t...
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Chapter
The Foreign Investment Environment in China: The Soft Environment (II)
In the last chapter, the historical, political and social backgrounds of China’s reform and opening up to the outside world were examined, and a key factor for doing business in China - guanxi (connections and ne...
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Chapter
The Economic and Social Influences of FDI in China
China’s opening up has three key objectives: attracting foreign investment, promoting foreign trade, and introducing advanced technologies, skills and management techniques.1 Of these, attracting FDI is probably ...
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Chapter
Introduction: Foreign Investment in China under the Open Door Policy
Since the implementation of the economic reform in late 1978, China has achieved impressive results, including rapid economic growth, major structural changes and unprecedented improvement in living standards ...