Strategies Behind China's Economic Growth Research Paper by scribbler

An analysis of the way in which communist China managed to become the world's second most important economy of the world.
# 152012 | 1,329 words | 8 sources | MLA | 2012 | US
Published on Nov 11, 2012 in Economics (International) , Asian Studies (General)


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Description:

This paper discusses how China can rightfully be considered one of the fastest growing economies in the world, if not the most important economy from this point of view. In paticular, the paperlooks at how this economic success is rather the result of economic strategies put together in an environment which has allowed trade and commerce between countries. The purpose of this paper is to present these strategies in their environment and international context. The writer explains that, in order to understand the way in which China, a communist country, manages to achieve the status of the second most important country in the globalized world, it is important to see the steps which led to this result and the context which favored them.

Outline:
Introduction
Background - The Cold War and the Communist Economic Ideology in China
Economic Strategies - Reforms
Economic Relations with the World
Response to the Economic Crisis
Perspectives for the Future
Conclusion

From the Paper:

"The incentive program promoted by the Chinese government can indeed become one of the most important state interventions in the history of the practice. And according to the Chinese, these interventions paid off. However, it must be pointed out that a solid domestic growth is not achieved through the immense state intervention and modification of regular market rules. Better said, the market and the trade, should one accept the rule of the "invisible hand" are self fixing. More precisely when the main economic measures of governments worldwide start to pay off, imports and obviously exports will reach again their normal figures. However, if state intervention is achieved to such extent, there is the possibility of inflation and deflation. Finally, there is also the possibility of over production. "

Sample of Sources Used:

  • Calvocoressi, Peter. World politics since 1945. New York: Longman, 1987.
  • Commission of the European Communities. EU - China: Closer partners, growing responsibilities. 24.10.2006. http://eur-lex.europa.eu/LexUriServ/LexUriServ.do?uri=COM:2006:0631:FIN:EN:PDF
  • Evans, Tom. "China-U.S. relationship called 'most important' in world". CNN.November 17, 2009. Retrieved from http://edition.cnn.com/2009/WORLD/asiapcf/11/16/china.us.relations/index.html
  • Kissinger, Henry. Diplomacy. (London: Simon & Schuster, 1995)
  • Morrison, Wayne. "China and the Global Financial Crisis: Implications for the United States". Congressional Research Service. 2009. Retrieved http://www.fas.org/sgp/crs/row/RS22984.pdf

Cite this Research Paper:

APA Format

Strategies Behind China's Economic Growth (2012, November 11) Retrieved October 18, 2019, from https://www.academon.com/research-paper/strategies-behind-china-economic-growth-152012/

MLA Format

"Strategies Behind China's Economic Growth" 11 November 2012. Web. 18 October. 2019. <https://www.academon.com/research-paper/strategies-behind-china-economic-growth-152012/>

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