Making of an Economic Superpower, The: Unlocking China's Secret of Rapid Industrialization - Couverture souple

Wen, Yi

Couverture souple

ISBN 10 : 9811230374 ISBN 13 : 9789811230370

Editeur : World Scientific Publishing Co Pte Ltd, 2016

Synopsis

The rise of China is no doubt one of the most important events in world economic history since the Industrial Revolution. Mainstream economics, especially the institutional theory of economic development based on a dichotomy of extractive vs. inclusive political institutions, is highly inadequate in explaining China's rise. This book argues that only a radical reinterpretation of the history of the Industrial Revolution and the rise of the West (as incorrectly portrayed by the institutional theory) can fully explain China's growth miracle and why the determined rise of China is unstoppable despite its current "backward" financial system and political institutions. Conversely, China's spectacular and rapid transformation from an impoverished agrarian society to a formidable industrial superpower sheds considerable light on the fundamental shortcomings of the institutional theory and mainstream "blackboard" economic models, and provides more-accurate reevaluations of historical episodes such as Africa's enduring poverty trap despite radical political and economic reforms, Latin America's lost decades and frequent debt crises, 19th century Europe's great escape from the Malthusian trap, and the Industrial Revolution itself.

A propos du livre

À propos de l'auteur

Dr Yi Wen has a BS in Medical Sciences from China, a MA in Philosophy of Science from Notre Dame University, and a PhD in Economics from the University of Iowa. He is now a Senior Economist and Assistant Vice President at the Federal Reserve Bank of St. Louis (2008–present). He has also served as Assistant Professor at Hong Kong University of Science and Technology (1996–1999), Assistant Professor at Cornell University (1999–2005), Senior Economist and Research Officer at the Federal Reserve Bank of St. Louis (2005–2007), Adjunct Professor of Economics at Washington University in St. Louis (2005–2008), and CCB Chair Professor in the School of Economics and Management at Tsinghua University in China (2008–2014).

Dr Wen specializes in macroeconomic theory, monetary economics, business cycles, economic development, and Chinese economy. He has taught undergraduate, masters and PhD level courses in the areas of macroeconomic theory, monetary theory, and modern economic history of China. He has published over 40 academic articles in peer reviewed top international journals of economics, such as Econometrica, Journal of Monetary Economics, American Economic Journal in Macroeconomics, Journal of Economic Theory, Economic Theory, Review of Economic Dynamics, Journal of Money Credit and Banking, Journal of Economic Dynamics and Control, China Economic Review, among others, and numerous working papers. His publications cover a wide range of areas including business cycles, financial crisis, applied time series, monetary policy, fiscal policy, oil shocks, inflation dynamics, household saving, growth and development.

Dr Wen is currently the Co-Editor of China Economic Review, the Co-Editor of Economic Journal (a Chinese Journal), Associate Editor of the Journal of Economic Dynamics and Control, and Associate Editor of Macroeconomic Dynamics (2009–2012).

Détails de l'édition

• Éditeur: World Scientific Publishing Co Pte Ltd
• Date d'édition: 2016
• Langue: anglais
• ISBN 10: 9811230374
• ISBN 13: 9789811230370
• Reliure: Broché
• Nombre de pages: 336
• Coordonnées du fabricant: non disponible
• Personne responsable: gpsr@libri.de; gpsr@libri.de; ; Europaallee 1; Bad Hersfeld; 36244; Allemagne