國立虎尾科技大學 |

The Chinese Birdcage = How China's Rise Almost Toppled the West /

Record Type:	Language materials, printed : Monograph/item
Title/Author:	The Chinese Birdcage/ by Heleen Mees.
Reminder of title:	How China's Rise Almost Toppled the West /
Author:	Mees, Heleen.
Description:	XVI, 197 p. 5 illus.online resource. :
Contained By:	Springer Nature eBook
Subject:	Regional economics. -
Online resource:	https://doi.org/10.1057/978-1-137-58886-9
ISBN:	9781137588869

The Chinese Birdcage = How China's Rise Almost Toppled the West /
Mees, Heleen.

The Chinese BirdcageHow China's Rise Almost Toppled the West /[electronic resource] :by Heleen Mees. - 1st ed. 2016. - XVI, 197 p. 5 illus.online resource.

1 The Chinese Birdcage -- 2 Western Triumphalism -- 3 China as the World's Factory -- 4 Housing Bubbles across the Western Hemisphere -- 5 The Global Financial Crisis -- 6 The Economic Fallout -- 7 Unlimited Supplies of Labor -- 8 China's Economic Development -- 9 Global Imbalances and Corporate Cash Piles -- 10 The Capitalist Surplus and the Shortfall in Demand -- 11 Piketty Reconsidered -- 12 What Lies Ahead?. .

This book vividly describes how China’s rise in the early 2000s led to rising profits and declining labor income everywhere, ultimately resulting in the global financial crisis. Under Deng Xiaoping’s policy of ‘reform and opening up’ in the 1980s, China quickly became the world’s factory floor...but powerful political leaders envisioned a world in which the market economy would be trapped within the confines of a planned economy. With China’s admission into the World Trade Organization in 2001, almost a billion people joined the global workforce, driving down the real wages of blue- and white-collar workers in the US and Europe while also lowering interest rates, which fueled housing bubbles and destabilized the financial sector. This book explores China’s significant influence on western economies by focusing on the links between the labor market, corporate profits, and interest rates, using Arthur Lewis's framework for economic growth with unlimited supplies of labor to argue that by 2010 the world economy – and political situations – had been set back almost one hundred years. .

ISBN: 9781137588869

Standard No.: 10.1057/978-1-137-58886-9doiSubjects--Topical Terms:

561880
Regional economics.

LC Class. No.: HT388

Dewey Class. No.: 338.9

The Chinese Birdcage = How China's Rise Almost Toppled the West /
LDR:02921nam a22004215i 4500 001 974358
003 DE-He213
005 20200629122040.0
007 cr nn 008mamaa
008 201211s2016 xxu| s |||| 0|eng d
020 $a 9781137588869 $9 978-1-137-58886-9
024 7 $a 10.1057/978-1-137-58886-9 $2 doi
035 $a 978-1-137-58886-9
050 4 $a HT388
050 4 $a HD28-9999
072 7 $a KCP $2 bicssc
072 7 $a BUS067000 $2 bisacsh
072 7 $a KCP $2 thema
072 7 $a GTM $2 thema
082 0 4 $a 338.9 $2 23
100 1 $a Mees, Heleen. $4 aut $4 http://id.loc.gov/vocabulary/relators/aut $3 1113594
245 1 4 $a The Chinese Birdcage $h [electronic resource] : $b How China's Rise Almost Toppled the West / $c by Heleen Mees.
250 $a 1st ed. 2016.
264 1 $a New York : $b Palgrave Macmillan US : $b Imprint: Palgrave Macmillan, $c 2016.
300 $a XVI, 197 p. 5 illus. $b online resource.
336 $a text $b txt $2 rdacontent
337 $a computer $b c $2 rdamedia
338 $a online resource $b cr $2 rdacarrier
347 $a text file $b PDF $2 rda
505 0 $a 1 The Chinese Birdcage -- 2 Western Triumphalism -- 3 China as the World's Factory -- 4 Housing Bubbles across the Western Hemisphere -- 5 The Global Financial Crisis -- 6 The Economic Fallout -- 7 Unlimited Supplies of Labor -- 8 China's Economic Development -- 9 Global Imbalances and Corporate Cash Piles -- 10 The Capitalist Surplus and the Shortfall in Demand -- 11 Piketty Reconsidered -- 12 What Lies Ahead?. .
520 $a This book vividly describes how China’s rise in the early 2000s led to rising profits and declining labor income everywhere, ultimately resulting in the global financial crisis. Under Deng Xiaoping’s policy of ‘reform and opening up’ in the 1980s, China quickly became the world’s factory floor...but powerful political leaders envisioned a world in which the market economy would be trapped within the confines of a planned economy. With China’s admission into the World Trade Organization in 2001, almost a billion people joined the global workforce, driving down the real wages of blue- and white-collar workers in the US and Europe while also lowering interest rates, which fueled housing bubbles and destabilized the financial sector. This book explores China’s significant influence on western economies by focusing on the links between the labor market, corporate profits, and interest rates, using Arthur Lewis's framework for economic growth with unlimited supplies of labor to argue that by 2010 the world economy – and political situations – had been set back almost one hundred years. .
650 0 $a Regional economics. $3 561880
650 0 $a Spatial economics. $3 1197943
650 0 $a Asia—Economic conditions. $3 1253468
650 0 $a International economics. $3 680327
650 0 $a Labor economics. $3 554775
650 1 4 $a Regional/Spatial Science. $3 768625
650 2 4 $a Asian Economics. $3 1107724
650 2 4 $a International Economics. $3 669217
650 2 4 $a Labor Economics. $3 669481
710 2 $a SpringerLink (Online service) $3 593884
773 0 $t Springer Nature eBook
776 0 8 $i Printed edition: $z 9781137588852
776 0 8 $i Printed edition: $z 9781137588883
776 0 8 $i Printed edition: $z 9781349932085
856 4 0 $u https://doi.org/10.1057/978-1-137-58886-9
912 $a ZDB-2-ECF
912 $a ZDB-2-SXEF
950 $a Economics and Finance (SpringerNature-41170)
950 $a Economics and Finance (R0) (SpringerNature-43720)