Geopolitics of the Yangtze: A Stratfor Report
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Get the full report here: https://goo.gl/ZUqgGh The Yangtze River is the key geographic, ecological, cultural and economic feature of China. This report examines how Beijing will rely more heavily on the cities along the western and central stretches of the Yangtze River as the competitive advantage of low-cost, export-oriented manufacturing in China's coastal industrial hubs wanes.
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SECTION A : DATA ANALYSIS AND CASE STUDY
Question 1 The small successful Economies - Singapore and Hong Kong – A tale of 2 cities
Background 1: The economics model
The Solows Economic Growth model
Y = A LSL KSK
Where
• Y is output or GDP;
• A is Total factor Productivity (TFP);
TFP in general refers to technical improvements that allow for GDP growth without any corresponding
increase in labour or capital.
This could be through any type of improvements in underlying technology, such as an improvement in
production methodology (Howitt and Aghion, 1998) or a decrease in per unit costs (Harberger, 1998).
TFP can also be accrued due to external factors as externalities, economies of scale, and investment-
specific technical change etc
• K and L are capital and labour inputs respectively; and
• SK and SL are the income shares of capital and labour respectively
Background 2 : Brief Introduction to the two jewels of East Asia
Hong Kong and Singapore are similar in many ways .
To begin with the similarities: In the prewar era, both economies were British colonies that served as
entrepot trading ports, with little domestic manufacturing activity. Hong Kong processed trade
between Mainland China and the rest of the world, and Singapore served as a conduit for world
trade with Malaya and Indonesia.
In the postwar era, however, both economies developed large export-dependent domestic
manufacturing sectors. Both economies have passed through a similar set of industries, moving from
textiles, to clothing, to plastics, to electronics, and then, in the 1980s, gradually moving from
manufacturing into banking and financial services. Gross domestic product (GDP) per capita in the
two economies was quite close in 1960, and they have subsequently grown at the same remarkable
rate.
From the political economy perspective, one can note that both economies inherited a fairly
efficient and rational administrative structure. The postwar population of both was composed
primarily of immigrant Chinese from Southern China. Both economies are really small cities, with no
significant agricultural interests, economic or political. Along many dimensions of interest to growth
theorists, the two economies are, however, conveniently dissimilar.
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While the Hong Kong government has emphasized a policy of laissez faire and state intervention is
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pursued the accumulation of physical capital via forced national saving and the solicitation of a
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and Singapore, January 1992 ]
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LinkedIn: http://linkd.in/1GnHrHB
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Economic Decentralisation
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3) Beijing recognizes these as severe problems but its recent initiatives have limited effect as local officials still act in self-interest rather than the national interest. Decentralization may impede comprehensive reforms.
Globalization
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The Effects of China's membership in WTO on Hong Kong Economy
The document discusses factors that have contributed to China's economic growth over the past few decades, including high investment and savings rates, market-oriented reforms, Hong Kong's role in facilitating trade and finance, and China's entry into the WTO. While China has experienced significant growth, issues remain such as regional economic disparities, environmental degradation, and political and social challenges.
Made in China 2.0
The report finds that China's export manufacturing sector continues to slow as headwinds both domestically and abroad intensify. Competition is expected to further increase this year while customer loyalty remains low. A lower price is the least important factor for customers considering new suppliers, suggesting manufacturers need to focus on quality over cost reduction. To survive in this challenging environment, the report argues exporters must strengthen knowledge of customer needs, develop more collaborative partnerships, and deliver tailored logistics solutions, as outlined in UPS's Made in China 2.0 reform agenda.
Challenges in the Maritime-Land Interface: Maritime Freight and Logistics
Theo Notteboom a
, Jean-Paul Rodrigue b
a
Institute of Transport & Maritime Management, University of Antwerp, Keizerstraat 64, B-
2000 Antwerp, Belgium. E-mail: theo.notteboom@.ua.ac.be
b
Department of Economics & Geography, Hofstra University, Hempstead, New York 11549,
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Inputs and Materials: Economic Policy Dialogue among Asian Transition Countri...
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The speaker advocated transforming China's urbanization model from scale-oriented to population-based urbanization to promote more inclusive growth. Scale-oriented urbanization is becoming unsustainable due to resource constraints, social and environmental costs. Population urbanization could double urbanization rates and boost consumption and services. A priority is reforming China's hukou system to integrate migrant workers into cities and access public services. This would avoid social tensions. Land and welfare reforms were also recommended to support population urbanization. The household registration system should transition to a residence permit system within 5-8 years nationwide.The Geopolitics of Germany: A Stratfor Report
Get the full report here: https://goo.gl/xmsA2k
Geography has blessed Germany, the wealthiest portion of a capital-rich region, with navigable waterways and arable land. This has helped put Germany at the center of the European system for much of the past two centuries. But as this report will show, geography has also cursed Germany by leaving it exposed on the North European Plain.
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Get the full 31-page report here: https://goo.gl/44MW6m
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Despite the fact that the impact of the 2008 recession was bigger on the coastal regions, the CP's stimulus package went primarily to the rural regions in China. On the other hand, our tests show that urban provinces in China are more unstable than their rural counterparts.
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ECON251 INDUSTRY AND TRADE IN ASIA Tutorial 3 [Topic .docx
ECON251
INDUSTRY AND TRADE IN ASIA
Tutorial 3 [Topic 6 -8]
SECTION A : DATA ANALYSIS AND CASE STUDY
Question 1 The small successful Economies - Singapore and Hong Kong – A tale of 2 cities
Background 1: The economics model
The Solows Economic Growth model
Y = A LSL KSK
Where
• Y is output or GDP;
• A is Total factor Productivity (TFP);
TFP in general refers to technical improvements that allow for GDP growth without any corresponding
increase in labour or capital.
This could be through any type of improvements in underlying technology, such as an improvement in
production methodology (Howitt and Aghion, 1998) or a decrease in per unit costs (Harberger, 1998).
TFP can also be accrued due to external factors as externalities, economies of scale, and investment-
specific technical change etc
• K and L are capital and labour inputs respectively; and
• SK and SL are the income shares of capital and labour respectively
Background 2 : Brief Introduction to the two jewels of East Asia
Hong Kong and Singapore are similar in many ways .
To begin with the similarities: In the prewar era, both economies were British colonies that served as
entrepot trading ports, with little domestic manufacturing activity. Hong Kong processed trade
between Mainland China and the rest of the world, and Singapore served as a conduit for world
trade with Malaya and Indonesia.
In the postwar era, however, both economies developed large export-dependent domestic
manufacturing sectors. Both economies have passed through a similar set of industries, moving from
textiles, to clothing, to plastics, to electronics, and then, in the 1980s, gradually moving from
manufacturing into banking and financial services. Gross domestic product (GDP) per capita in the
two economies was quite close in 1960, and they have subsequently grown at the same remarkable
rate.
From the political economy perspective, one can note that both economies inherited a fairly
efficient and rational administrative structure. The postwar population of both was composed
primarily of immigrant Chinese from Southern China. Both economies are really small cities, with no
significant agricultural interests, economic or political. Along many dimensions of interest to growth
theorists, the two economies are, however, conveniently dissimilar.
The role of government
While the Hong Kong government has emphasized a policy of laissez faire and state intervention is
primarily on infrastructure development , the Singaporean government has, since the early 1960s,
pursued the accumulation of physical capital via forced national saving and the solicitation of a
veritable deluge of foreign investment.
[Adapted from Young, Alywn, “A Tale of Two Cities: Factor Accumulation and Technical Change in Hong Kong
and Singapore, January 1992 ]
Abstract 1: Grappling with productivity challenge over the decades, April 24, 2016, ...
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Metropolitan areas are economic powerhouses but face challenges from political fragmentation without coordination. Effective metropolitan governance requires reliable financing, consensus building, and support from upper levels of government. Examples discussed include Shanghai, which could benefit from coordinating its economy with nearby cities as part of the larger Yangtze River Delta region, and the challenges faced by the Montreal Metropolitan Community due to its limited financial capacity and lack of incentives for collaboration. Key principles of good metropolitan governance highlighted are clearly defined roles and financing capacity for governance bodies, as well as incentives and support from national governments.
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The document discusses China's rapid economic growth over the past few decades and analyzes its future prospects and challenges. It notes that while China faces issues like debt and excess industrial capacity, the risks of a "hard landing" are remote. China is at a critical turning point as it transitions from an export/investment-led model to one based more on domestic consumption. Continued urbanization and development of inland provinces provide significant potential for future growth as China catches up to more advanced economies. Reform measures recently announced by China's new leadership may lead to investment opportunities from economic changes.
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Giáo sư Tony Makin tham gia VEAM 2015 với bài trình bày về “Triển vọng cho nền kinh tế châu Á”.
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Để biết thêm chi tiết về các hoạt động và nghiên cứu của DEPOCEN truy cập:
Website: http://depocen.org/vn/
LinkedIn: http://linkd.in/1GnHrHB
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Hong Kong's Clouded Destiny by Wu, Dingeldey & Wan, TIE, Sep 2015
Hong Kong is facing several economic challenges that threaten its status as a leading financial and commercial center. Hong Kong's "fault lines" include chronic income stagnation, growing inequality driven by rising housing prices, and poor employment prospects for youth. Additionally, Hong Kong's competitiveness is eroding as costs rise while productivity does not increase. Younger generations have expressed long-standing discontent with the government through protests, deepening political divides. Unless the government takes steps to address these issues, Hong Kong's economic decline appears inevitable.
Urban infrastructure in india
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Economic Decentralisation
1) Decentralization fueled China's economic growth but now threatens political legitimacy due to income inequality and corruption. Local officials prioritize growth over equality.
2) Income inequality deepened as coastal provinces gained more autonomy and wealth without helping inland areas. Corruption is endemic as officials are unaccountable and promote business interests.
3) Beijing recognizes these as severe problems but its recent initiatives have limited effect as local officials still act in self-interest rather than the national interest. Decentralization may impede comprehensive reforms.
Globalization
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Brazil will not overcomes the current crisis without abandonment of neolibera...
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The Effects of China's membership in WTO on Hong Kong Economy
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Made in China 2.0
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Challenges in the Maritime-Land Interface: Maritime Freight and Logistics
Theo Notteboom a
, Jean-Paul Rodrigue b
a
Institute of Transport & Maritime Management, University of Antwerp, Keizerstraat 64, B-
2000 Antwerp, Belgium. E-mail: theo.notteboom@.ua.ac.be
b
Department of Economics & Geography, Hofstra University, Hempstead, New York 11549,
USA. E-mail: Jean-paul.Rodrigue@Hofstra.edu
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The speaker advocated transforming China's urbanization model from scale-oriented to population-based urbanization to promote more inclusive growth. Scale-oriented urbanization is becoming unsustainable due to resource constraints, social and environmental costs. Population urbanization could double urbanization rates and boost consumption and services. A priority is reforming China's hukou system to integrate migrant workers into cities and access public services. This would avoid social tensions. Land and welfare reforms were also recommended to support population urbanization. The household registration system should transition to a residence permit system within 5-8 years nationwide.Similar to Geopolitics of the Yangtze: A Stratfor Report (20)
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- 1. The Geopolitics of the Yangtze Shutterstock
- 2. PART I: DEVELOPING THE INTERIOR The Yangtze as a Core Politics and Economy of the Yangtze PART II: WUHAN’S RISE Wuhan’s Growing Significance Wuhan and the Evolution of the Middle Yangtze Region New Imperatives, New Policy Outlook PART III: CONFLICTING IMPERATIVES 3 4 6 9 10 10 12 14 GEOPOLITICS OF THE YANGTZE This report cannot be shared or copied without express permission from Stratfor.
- 3. 3STRATFOR • PART I DEVELOPING THE INTERIOR A s the competitive advantage of low-cost, export-oriented manufacturing in China’s coastal industrial hubs wanes, Beijing will rely more heavily on the cities along the western and central stretches of the Yangtze River to drive the development of a supplemental industrial base in the country’s interior. Managing the migration of industri- al activity from the coast to the interior — and the so- cial, political and economic strains that migration will create — is a necessary precondition for the Commu- nist Party’s future goal of rebalancing toward a more stable and sustainable growth model based on higher domestic consumption. In other words, it is critical to ensuring long-term regime security. The concept of developing the interior is rooted in the dynastic struggle to establish and maintain China as a unified power against the forces of regional competi- tion and disintegration. Those forces reflect a simple fact: China is in many ways as geographically, cultural- A barge passes by the city of Yichang in central China’s Hubei province, heading toward the Three Gorges Dam. (STR/AFP/Getty Images) Research Note: This new report on the Yangtze River relies on 20 years of Stratfor’s collective experience in providing geopolitical intelligence. Curated by our Research Analytics Department, it brings us up to 2016, taking into account the latest developments.