Why has Japanese industrialisation been so much faster than that of China? The book challenges a common assumption that Chinese Confucianism does not encourage modernisation, while Japanese Confucianism propelled industrialisation forward.
This book aims to make a theoretical integration of well-established growth theories. It presents essential features of modem economic growth, which may be described as dynamic interdependence among capital, knowledge, population, economic structure, and exchange values.
Many economic dynamic models omit monetary issues by assuming that transactions on the economy’s real side can be carried out without money. This book answers some challenging questions in monetary growth theory within a compact theoretical framework.
This book examines the butterfly effect in China's modern economic development during the period of 1978–2018. By 2018, China was the world’s second-largest economy from its 10th position in 1978 with its 9 per cent average annual growth rate of GDP in the previous four decades.
This book develops a general economic theory that integrates various economic theories and ideas and establishes important relationships between economic variables that are not formally recognized in the economic literature.
The development of international trade theory has created a wide array of different theories, concepts and results.