Redefining Capitalism in Global Economic Development reconsiders capitalism by taking into account the unfolding forces of economic globalization, especially in Asian economies. It explores the economic implications and consequences of recent financial crises, terrorism, ultra-low interest rates that are decades-long, debt-prone countries and countries with large trade surpluses.
The book illuminates these economic implications and consequences through a framework of capitalist ideologies and concepts, recognizing that Asia is redefining capitalism today. The author, Li, seeks not to describe why nations fail, but how the sustainability of capitalism can save the world.
1. I Introduction - p. 87 2. II GDP Trends - p. 88 3. III Fiscal Performance - p. 99 4. IV Public Debt - p. 112 5. V Trade - p. 120 6. VI Reserve - p. 137 7. VII Foreign Aid and Donors - p. 145 8. VIII Foreign Direct Investment - p. 153 9. IX Military Expenditure - p. 168 10. X Conclusion - p. 175 11. Chapter 8. The Five Groups of World Economies - p. 177 12. Chapter 9. Cases of Economic Vulnerabilities - p. 201 13. Chapter 10. Reviving Capitalism - p. 243 14. Section III: Capitalist Development: Asia Lessons - p. 268 15. Section III. Capitalist Development: Asia Lessons - p. 269 16. Chapter 11. The Japanese Economy: Successes and Challenges - p. 273 17. Chapter 12. East Asia: Flying Geese Against Wind Currents - p. 283 18. Chapter 13. The Latecomers: Opportunities, Challenges, and Comparisons - p. 299 19. Section IV: The Frontier of Capitalism: Chinaversus Hong Kong - p. 316 20. Section IV. The Frontier of Capitalism: China Versus Hong Kong - p. 317 21. Chapter 14. China’s 1911 Revolution and Sun’s Legacy - p. 321 22. Chapter 15. China’s Economic Reform Path - p. 331 23. Chapter 16. Frontier of Capitalism: The Sino–British Negotiation - p. 359 24. Chapter 17. Hong Kong: Pathway to the Freest Economy - p. 375 25. Chapter 18. Hong Kong 1997–2047: The Political Scene - p. 391 26. Section V: Why Has Capitalism Succeeded? - p. 406 27. Section V. Why Has Capitalism Succeeded? - p. 407 28. Chapter 19. Why Has Socialism Failed? - p. 409 29. Chapter 20. How Capitalism Works - p. 419 30. References - p. 435 31. Index - p. 451
Redefining Capitalism in Global Economic Development reconsiders capitalism by taking into account the unfolding forces of economic globalization, especially in Asian economies. It explores the economic implications and consequences of recent financial crises, terrorism, ultra-low interest rates that are decades-long, debt-prone countries and countries with large trade surpluses.
The book illuminates these economic implications and consequences through a framework of capitalist ideologies and concepts, recognizing that Asia is redefining capitalism today. The author, Li, seeks not to describe why nations fail, but how the sustainability of capitalism can save the world.
1. I Introduction - p. 87 2. II GDP Trends - p. 88 3. III Fiscal Performance - p. 99 4. IV Public Debt - p. 112 5. V Trade - p. 120 6. VI Reserve - p. 137 7. VII Foreign Aid and Donors - p. 145 8. VIII Foreign Direct Investment - p. 153 9. IX Military Expenditure - p. 168 10. X Conclusion - p. 175 11. Chapter 8. The Five Groups of World Economies - p. 177 12. Chapter 9. Cases of Economic Vulnerabilities - p. 201 13. Chapter 10. Reviving Capitalism - p. 243 14. Section III: Capitalist Development: Asia Lessons - p. 268 15. Section III. Capitalist Development: Asia Lessons - p. 269 16. Chapter 11. The Japanese Economy: Successes and Challenges - p. 273 17. Chapter 12. East Asia: Flying Geese Against Wind Currents - p. 283 18. Chapter 13. The Latecomers: Opportunities, Challenges, and Comparisons - p. 299 19. Section IV: The Frontier of Capitalism: Chinaversus Hong Kong - p. 316 20. Section IV. The Frontier of Capitalism: China Versus Hong Kong - p. 317 21. Chapter 14. China’s 1911 Revolution and Sun’s Legacy - p. 321 22. Chapter 15. China’s Economic Reform Path - p. 331 23. Chapter 16. Frontier of Capitalism: The Sino–British Negotiation - p. 359 24. Chapter 17. Hong Kong: Pathway to the Freest Economy - p. 375 25. Chapter 18. Hong Kong 1997–2047: The Political Scene - p. 391 26. Section V: Why Has Capitalism Succeeded? - p. 406 27. Section V. Why Has Capitalism Succeeded? - p. 407 28. Chapter 19. Why Has Socialism Failed? - p. 409 29. Chapter 20. How Capitalism Works - p. 419 30. References - p. 435 31. Index - p. 451
