China-Economic Policy

Paper Summary:

This paper discusses China's economic policy and growth refracted through its foreign policies, its geo-political designs, and its internal consumption patters vis-a-vis energy and specifically petroleum. The research design is qualitative in approach and the conclusion is that while China has, in the past, united its foreign policy with that of its economic policy, and visa-versa, it has now begun to unwed these particular governmental dimensions with uncertain results. In the future, China is seen as possibly undermining the economic growth it was worked so hard to achieve by uncoupling foreign and economic policies.

From the Paper:

"Table of Contents Introduction 04 Economic Theory 04 Applied Theory 06 Literature Review 06 Foreign Policy as an Economic Weapon 07 Monetary Policy 19 Economics of Petroleum 23 Methodology 28 Philosophical Rationale 28 Theoretical Foundations 29 Research Design 30 Empirical Findings 30 Conclusion 31 References 33 China: Dimensions of Economic Growth Introduction Economic Theory The neoclassical approach to the study of economics hinges on the allocation of resources that are distributed across needs and satisfactions. Supply and demand is often used to characterize neoclassical economics and is useful in that the economic investment in capital: human, physical, or intellectual, is the primary driver behind the theory of supply and demand and the meta-theory of neoclassicism. Neoclassical theory prefers that individuals behave rationally in the market which, consequently ensures that products and services are consumed efficiently and that, by extension, enterprises generate profit just as efficiently. "

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