Workshop in China and World Economy (Fall 2010)
By Young-Rok Cheong ( 880-8514, e-mail: )
Meeting Wed 14:30~18:30
Office: GSIS Building New Wing # 610
Office Hour: Tuesday and Thursday 14: 30~16:00
- Outline of Class
In the 21st century, Chinese economy has become a major topic of many people from a couple of different respects; as a growing market, as a global growth pole, or crucial factor shaping new international economic order. China really recorded unprecedented growth performance in the past 3 decades since her Open Door and Economic Reform Policy in 1978.
This course, in this respect, will discuss and analyze basically key characteristics of the recent Chinese economic performance followed by group project of 4~5 students of their own selection and presentation in the end of semester. The group project may focus on investment into China or any issues meaningful to deepen one’s understanding on contemporary Chinese economic developments areas.
2. Requirements
There is no prerequisite for taking this course. However, students are required to prepare three different directions; consistent summary of most recent facts related with one’s own consistent curiosity, reading assignments for joining discussions, and preparing group project and presentation.
- Grading Criteria
- Attendance: 25%
- Summary: 25%
- Participation and Group project: 50%
- Tentative Class Schedule
- Part I: China as a Successful Reform and Transition Economy (5~6 weeks)
Week 1: Introduction of Successful Chinese Economy: Chronological Review (+data review)
Week 2: System Perspective: Transition Economy (Seeing The Good Earth)
Week 3: Institutional Change + Key Governments (Party)
Week 4: major Companies
Week 5: Consumer, Companies
Political Leadership Perspective (skip)
Blue Print 2010New Announcement of Two Sessions/ Government, Budget, overall+ 3 documents (skip)
Week 6: Business Environment
- Structural Change: Industry/Ex-Import
- Workers
- Catalogue + Labor Law? + Tax Law?
Balanced Development between Real and Monetary(skip)
- Part II : Regional Divides: 4 ~5 weeks (major locality + Key Companies)
-Week 7: Hong Kong and Huanan; The Greater Huanan Project
-Week 8: Shanghai and Huadong+ Regional Business Center + Taiwan?
-Week 9: Beijing and Others: Binhai
-Week 10: Sichuan+ Go West Policy
-Korea-China Economic Relationship (skip)
**short exams
- Part III China as a New Market or Assets Portfolio4~5 weeks (Group Project)// foreign orientation// exercises for students
-Week 11: Investors; businesses
-Week 12: Policy makers; macro business cycles?
-Week 13: As individual Investors; asset portfolio
- Reading materials
- Specific Readings
- Barry Naughton (2007), The Chinese Economy: Transitions and Growth
- General Readings/ TBA