A report on the depth of China's economic development and its potential effect on the global economy.
Written in 2005; 3,609 words; 20 sources; MLA; $ 100.95
Paper Summary:
This paper is about China's development into a modernized nation. The paper delves into the subject of why China's modernization was set back for so many decades and what projects it took to join the modern world. The paper includes a discussion of Special Economic Zones, the Cultural Revolution, Mao Zedong, and much more. Next, the paper looks at the consequences of China's rapid growth, especially at its effect on the oil market and the global economy. in general. The paper also discusses OPEC, CNOOC, CNCP, and SINOPEC.
From the Paper:
"The received wisdom is that higher oil prices are negative for economic growth, particularly for countries that are heavily dependent on oil imports. As prices rise, consumers turn cautious and profits fall, the countries' exports decline and trade deficits rise. A sustained rise in prices could lead to aggressive wage demands, possibly causing inflation. The International Monetary Fund (IMF) has suggested that a permanent $15 a barrel oil price hike would reduce the level of GDP by 0.6% in the first year. China is one of these oil dependent nations but its GDP has not necessarily seen any cooling off even in the face of record high oil prices."
We have thousands of high-quality term papers, research papers, essays, book reports and dissertations on every topic. At AcaDemon, you can download those term papers to help you write yours! You can be sure that the term paper, essay, book report or research paper you download are top-quality, competitively priced and high-level work.
This Free Term Paper Abstract is a part of our Term Paper Library.Here you can purchase research papers, examples of essays, academic dissertations, articles, notes, analytical papers, book reports, stories and poems. We have thousands of persuasive, point-of-view, narrative, critical, compare and contrast and other types of essays in our Library. You can also find here Term papers on "China: Growth and Consequence", Essays on "China: Growth and Consequence", Research papers on "China: Growth and Consequence", Student papers on "China: Growth and Consequence", Book reports on "China: Growth and Consequence", Dissertation on "China: Growth and Consequence", Thesis on "China: Growth and Consequence", Summary of paper on "China: Growth and Consequence", Articles written on "China: Growth and Consequence".
Look for more research papers, essays and book reports on