China, Asia, and the New World Economy by Barry EichengreenChina, Asia, and the New World Economy by Barry Eichengreen

China, Asia, and the New World Economy

EditorBarry Eichengreen, Yung Chul Park, Charles Wyplosz

Hardcover | February 21, 2008

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The rise of Asia, and China specifically, is the single most important force reshaping the world economy at the beginning of the 21st century. From a low of 20 per cent in 1950, Asia's share of global GDP has now risen to 33 per cent and will exceed 40 per cent within a generation if currentforecasts are realized. Asia's growing weight in the world economy is elevating it to a central position in global economic and financial affairs. The potential global impact of this astonishing growth is far reaching, from oil markets and the environment to a reshaping of trade relations in thecurrent multilateral system dominated by the WTO.This collection of original essays written by leading economists explores the likely impact of the rapid growth in the East Asian economies, and in particular China, on the world economy in the coming decades and the consequent challenges for the development of trade, macroeconomic, andenvironmental policy.
Barry Eichengreen is George C. Pardee and Helen N. Pardee Professor of Economics and Political Science at the University of California, Berkeley, Research Associate of the NBER, and Research Fellow of the Centre for Economic Policy Research. Yung Chul Park is Research Professor, Graduate School of International Studies, Seoul Nationa...
Title:China, Asia, and the New World EconomyFormat:HardcoverDimensions:432 pages, 9.21 × 6.14 × 1.1 inPublished:February 21, 2008Publisher:Oxford University PressLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:0199235880

ISBN - 13:9780199235889


Table of Contents

Barry Eichengreen, Yung Chul Park and Charles Wyplosz: IntroductionChina and Global Issues1. Richard N. Cooper: China's Coming Demand for Energy2. Warwick J. McKibbin: China and the Global EnvironmentTrade Issues3. Richard E. Baldwin: The Spoke Trap: Hub and Spoke Bilateralism in East Asia4. Yung Chul Park and Inkyo Cheong: Proliferation of FTAs and Prospects for Trade Liberalization in East Asia5. Cedric Dupont and David Huang: Containing the PTA Wildfire6. Robert Z. Lawrence: China and the Multilateral Trading SystemFinancial Issues7. Soyoung Kim, Jong-Wha Lee and Kwanho Shin: Regional and Global Financial Integration in East Asia8. Akkharaphol Chabchitchaidol and Sakkapop Panyanukul: The Main Determinants of Liquidity in the Thai Bond Market9. Charles Wyplosz: Is East Asia Safe from Financial Crises?Chinese Macroeconomic Management10. Yu Yondgding: Chinese Macroeconomic Management: Issues and Prospects11. Eswar Prasad and Shang-Jin Wei: The Chinese Approach to Capital Inflows: Patterns and Possible Explanations12. Guonan Ma and Robert N. McCauley: Do China's Capital Controls Still Bind?13. Li-Gang Liu and Elvira Kurmanalieva: Impact of Financial Services Trade Liberalisation on Capital Flows: The Case of China's Banking Sector14. Charles Y. Horioka and Junmin Wan: Why Does China Save So Much ?