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18 de abr. de 2016 · One of the most important components of the round of reforms that arose out of the 1993 financial reforms (State Council of the People's Republic of China, Citation 1993) was the establishment of the People's Bank of China (PBOC) as a fully functioning central bank at the heart of a modern central banking system (Wu, Citation 2012b, p. 147).
The concluding chapter questions whether China’s growth is sustainable and if it will ultimately shift the center of global capitalism from the West to the East. This cutting-edge collection of works by leading global political economists links current events to long-term trends in global capitalist development to provide a comprehensive analysis of China’s impact on the world.
19 de abr. de 2024 · Capitalism, economic system, dominant in the Western world since the breakup of feudalism, in which most means of production are privately held and production, prices, and incomes are determined by markets. Learn more about the history and development of capitalism in this article.
13 de set. de 2021 · Early modernity in China was not a linear process of development leading to a fully modern industrial economy. Early Chinese capitalism, despite going through periods of dynamic growth and transformation, remained essentially commercial capitalism at the level of manufacture, as described in chapter 14 of the first volume of Capital [23].
21 de jul. de 2015 · To cite this article: Richar d Westra (2016) China’s Development: Capitalism and Empir e, Journal of Contemporary Asia, 46:1, 152-155, DOI: 10.1080/00472336.2015.1067389
21 de out. de 2010 · Under centrally managed capitalism, the party-state commands the economy by controlling personnel, organizations, and capital in both political and economic arenas. At the same time, it delegates fiscal and administrative authorities to multiple and diversely formed corporations to compete in the marketplace.
century has passed. In the meantime, China has maintained its socialist cover, while pushing forward with capitalism. As reflected by the fact that private companies have assumed a leading economic role in place of state-owned companies, the economic realities have increasingly drifted farther away from the authentic principles of socialism.
