China's urbanization and the world economy
By: Fan Zhang
Publisher: Edward Elgar
Published: 2014
Place of publication: Cheltenham
Language: eng
Number of pages: 240
ISBN-13: 9781781001875
Subjects: Urbanization; History; Economic development; Commerce
Description: 'This book provides a fascinating perspective on why China will very likely continue to play a major role in world export at a time when it is losing its comparative advantage in labor-intensive manufacturing products as a result of rapidly rising labor cost and appreciation of its currency--the secret lies in the fact that China (as the most populous nation) can benefit from increasing returns to scale. However, the author also clearly outlines the enormous challenges ahead of China: to urbanize and integrate most of its rural population as a precondition for China to explore its potential advantage in scale economy through agglomeration effects.'--Guanzhong James Wen, Trinity College, US and Shanghai University of Finance and Economics, China. 'This is an original reading by a Chinese economist on the grand topic of China's urbanization...
Notes: Includes bibliographical references (pages 215-231) and index.
Table of contents: title: Machine generated contents note: -- pt. I; title: CHINA'S URBANIZATION -- -- 1.; title: China's urbanization: history and facts -- -- 2.; title: The road map and logic of China's urbanization -- -- 3.; title: Industrialization and urban development -- -- 4.; title: Labor migration -- -- 5.; title: Land and local government finance -- -- 6.; title: Infrastructure and housing construction -- -- 7.; title: Social aspects of urbanization -- -- 8.; title: Other problems with urbanization -- -- 9.; title: The system of the cities -- -- pt. II; title: CHINA'S IMPACT ON THE WORLD MARKET -- -- 10.; title: Overall estimates and assumptions -- -- 11.; title: Raw materials and capital goods -- -- 12.; title: Consumer market -- -- 13.; title: Relocation of factors: labor and capital -- -- 14.; title: Macroeconomic impacts -- -- pt. III; title: CHOICES OF CHINA AND THE WORLD -- -- 15.; title: China's choices -- -- 16.; title: The choices of the rest of the world.