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Industrialization of China and India
This book provides new perspectives on recent Asian dynamism which go beyond the mainstream views, by attempting to situate the recent economic expansion within a broader analysis of capitalist accumulation and the various processes that it generates both within and across economies.
The contributions in the book include analyses of recent growth patterns in both China and India; assessments of the sustainability of such growth and potential constraints and pitfalls; the role of international finance in affecting both national and international growth and employment patterns; the factors determining particular accumulation strategies and the results of these strategies. These forces within the two economies of China and India are situated within a broader assessment of the impacts on the world economy, by identifying long run tendencies in international capitalism and changing patterns of uneven development. Specific issues emerging within the Asian region are identified, including not just the relations between the three large Asian economies, but also the wider geopolitical implications as well as the political economy of these changes.
This book therefore provides a more comprehensive examination of the longer run dynamics of the global capitalist system in which these economies are necessarily destined to play more significant roles in future.
eBook
China as the Workshop of the World
Is China becoming the \"workshop of the world\" in the same way as Britain and the United States once were; or is China – as some multinational companies believe – simply a processing segment in global production networks? This book examines China’s role in the international division of labor: it analyzes the scale and scope of China’s manufacture; the type and relative sophistication of its exports in the world market; and its position in the global value chain. It shows that China monopolizes industrial production by being the processing center of world.
Based on extensive original research, this book examines the structure of production in global manufacturing industries, applying both qualitative and quantitative methods. It analyzes each segment of the value chain, exploring in depth several specific industrial sectors. It concludes that China has become deeply integrated into global manufacturing industry; that China’s position in the value chain is still quite low, with relatively low research and development (R&D) and other similar high-value activities; but that, in some sectors, China is catching up rapidly, especially in newly emerging sectors.
\" China as the Workshop of the World provides an excellent analysis of China’s position in the international division of labour... All in all, this study is strong in the analysis and detail of China’s manufacturing industries and may potentially impact on a wide range of academic fields. It is a significant read for academic researchers, policymakers, and students of economics, finance, and business, in particular for those interested in the complexities and competitiveness of China’s manufacturing industries.\" - Mark Greeven, Zhejiang University; China Information, 2013.
\"Ultimately, is China a \"world workshop\", a \"world factory\", or neither? After going through an impressive amount of data with the potential to overwhelm non-specialist readers, Gao’s response is that China is much more like a \"world workshop\", and still has a long way to go to become a \"world factory\" (p. 199).\" - Ivan Franceschini, Ca’ Foscari University of Venice, The China Journal
1. Background, Theoretical Framework and Literature Review 2. Scale and Scope of the \"World Workshop\": China’s Place in World Production 3. Pattern and Sophistication of the \"World Workshop\": China in the World Mark 4. The Competitiveness of the \"World Workshop\": China’s on the Service Part of Global Value Chain 5. Comparative Study of Three Industries of China in the International Manufacturing Division
Yuning Gao is Post-Doctoral Research Associate at the Winton Center for Financial History, University of Cambridge, UK.
eBook
China’s industrial revolution and economic presence
For some twenty-five years after 1949, China did not exist and the country was only rediscovered in the 1970s. As China looks set to soar in the new millennium, there is an urgency to understand the world's most populous economy with a billion plus people. This book aims to shed light on the country's rapid industrialization and internationalization by looking at questions such as: Can China sustain its accelerated rate of growth? Can labor supply be sustained at a relatively low wage rate? Can inflow of foreign direct investment be sustained at a high rate, given the consequent exposure to inflation? Will China's domestic market absorb its own output as the limit on the ability to export manufactures to overseas markets is reached? Is China's currency undervalued? Given China's foreign exchange reserves, should the country have a freely convertible currency?
eBook
Building for oil : Daqing and the formation of the Chinese socialist state
\"Examines Chinese urbanization and industrialization strategies for a model petroleum city, Daquing, during the early years of the People's Republic. It concerns the politics of building, the pursuit of food, energy and resources, and the everyday lives of the working men and women who inhabited China's northeastern frontier\"--Provided by publisher.
Book
China's Large Enterprises and the Challenge of Late Industrialisation
Considers the 'late industrialisation' of China, showing how government policies have encouraged the development of 120 'national champions' (akin to Japanese keiretsu and South Korean chaebol ), how these 'national champions' compete with multinational enterprises, and how China's rapid and successful 'late industrialisation' does not fit orthodox economic theories. The book provides a detailed illustration of these wider issues with a case study of the auto industry.
eBook
Changing the industrial geography in Asia : the impact of China and India
The focus of this volume is on China and India. The authors see them as the principal beneficiaries of the first upheaval, roughly bookended by the crises of 1997-98 and of 2008-09, and as being among the prime movers whose economic footprints will expand most rapidly in the coming decades. If these two countries do come close to realizing their considerable ambitions, their neighbors in Asia and their trading partners throughout the world must be ready for major adjustments. The changes in industrial geography and in the pattern of trade since the mid-1990s have already been far-reaching. Nothing on a comparable scale occurred during the preceding two decades of the 20th century. These developments offer instructive clues concerning the possible direction of changes in the future. However, in the interest of manageability, the author analysis is centered on the dynamics of industrialization, as these have a large bearing on the course of development. Within this context, reference is made to trade, foreign direct investment, and the building of technological capabilities, which together constitute a major subset of the factors responsible for the shape not only of the industrial geography of the past but also of the industrial geography yet to come. The striking feature of development in South and East Asia in the second half of the 20th century is the degree to which Japan dominated the industrial landscape and how the Japanese model triggered the first wave of industrialization in four East Asian economies-the Republic of Korea; Taiwan, China; Hong Kong, China; and Singapore. These four so-called tiger economies were the early starters, and each has become a mature industrial economy. Indeed, Hong Kong, having transferred almost all of its manufacturing activities to the Pearl River Delta, has morphed into a postindustrial economy.
eBook
China as the Workshop of the World
Is China becoming the \"workshop of the world\" in the same way as Britain and the United States once were; or is China - as some multinational companies believe - simply a processing segment in global production networks? This book examines China's role in the international division of labor: it analyzes the scale and scope of China's manufacture; the type and relative sophistication of its exports in the world market; and its position in the global value chain. It shows that China monopolizes industrial production by being the processing center of world.
Based on extensive original research, this book examines the structure of production in global manufacturing industries, applying both qualitative and quantitative methods. It analyzes each segment of the value chain, exploring in depth several specific industrial sectors. It concludes that China has become deeply integrated into global manufacturing industry; that China's position in the value chain is still quite low, with relatively low research and development (R&D) and other similar high-value activities; but that, in some sectors, China is catching up rapidly, especially in newly emerging sectors.
eBook