Suchergebnisse

Among the methods for analyzing China's economic trends, both demand analysis and supply analysis have advantages and disadvantages. The correct method is mainly using theories and methods of Marxist political economics analysis while drawing lessons from the reasonable theories and effective methods in Western economics. Although it has declined for five consecutive years, China's economy will not collapse, as the overall economic trend is going well and the economic growth has huge potential. The proximate causes of the economic downturn are oversupply and lack of effective supply, insufficient demand, weakness of investment, export and consumption, especially insufficient consumption demand resulted from huge income gap and low labor income. The deep-seated causes are imperfection of ownership system, distribution system, market system, economic management system, and so on. In addition to a series of important strategic policies implemented by the nation, such as the comprehensive deepening reform, expanding domestic demand, improving supply, and optimizing structures, China should also actively, steadily, and reasonably deepen the reform of the systems relevant with distribution to stabilize growth.

Chapter1. China's Early Choice of Modernization Path -- Chapter2. Seeking a Chinese Path (1956–1976) -- Chapter3. Legacy of the Mao Era and China's Modernization -- Chapter4. Dialectics of the Market Economy -- Chapter5. Chinese Democracy -- Chapter6. Chinese New Model of Modernization. Chapter7. Understanding Marxism in China -- Chapter8. A Macro-historical View of the Global Crisis -- Chapter9. China's New Era (2012- ) and Xi Thoughts.

This book gives a panoramic review of China's 70 years of modernization, reveals the historical process and logic of the formation of the modernization path with Chinese characteristics, especially focuses on the key decision-making process in the history of China's modernization, theoretically compares the Chinese model and the western mainstream model and summarizes the characteristics and experience of China's development model. At the same time, it reveals the causes of the global crisis from a historical perspective and puts forward the future of China based on historical experience. The book tries to answer the following hot-debating questions: What is the core of Chinese experience? Is China model a new model of modernization? Is China's model sustainable? Is this model compatible with the mainstream model? What is the relationship between China's revolution and modernization? How will China's development affect the world? This book will be found helpful by all scholars, students and the public who are interested in China's development path.

Purpose
The purpose of this paper is to review the four large and two small fluctuations in China's economic growth since the reform and opening up, which can be further divided into five periods of economic upturn and six periods of economic downturn.


Design/methodology/approach
This paper also analyzes the performance, causes and practical countermeasures of these fluctuations and summarizes the experience and lessons from the eight aspects of dealing with economic downturn and stabilizing growth since the reform and opening up.


Findings
At last, the paper puts forward some measures to cope with economic downturn and stabilize growth under the new normal in the new era.


Originality/value
Any country's economic growth is a tortuous process with many fluctuations. The rate of economic growth cannot rise or go down straight for a long time, and China's economic growth is no exception. The drastic fluctuations of economic growth can lead to serious overproduction, waste of resources, increased unemployment, decreased income or supply shortages, rising prices and decline of living standards.

In this study, we used data from the Indonesia Family Life Survey Wave 2014 to explore the association between tobacco use (measured in smoking habit, smoking cessation, and smoking intensity) with demographic, socioeconomic, and religious factors among the Muslim population in Indonesia ( n = 28,285). Our study found that Muslims who pray regularly as regulated in Islam are less likely to have a smoking habit or more likely to stop smoking and to smoke less. Other factors associated with no smoking or smoking less include education, having health insurance, and having a medical checkup. Reducing tobacco prevalence in Indonesia and other predominantly Muslim communities may include incorporating religious interpretation about tobacco use, education on the risk of tobacco through school systems, and increasing access to health insurance that covers addictions prevention and recovery.

Over the past decade, the Chinese government has conducted the joint-stock
reform of state-owned commercial banks. The joint-stock reform improves the
marketization level of the ownership structure of commercial banks and
consequently leads to impacts on the effectiveness of monetary policy. This
paper first presents the impacting mechanisms of the joint-stock reform of
commercial banks on the effectiveness of monetary policy and then constructs
an empirical model to test those impacts. The empirical results show that the
increasing degree of joint-stock reform of commercial banks enhances the
effectiveness of expansionary monetary policy but weakens the effectiveness
of contractionary monetary policy in China.