21st Century New Resource Theory - The Latest Research on the Sources of National Wealth

Author: Bai Qinxian
Publisher:
Publishing Date: 2006-09-01
Features: This book is written by the renowned financial scholar Professor Bai Qinxian and Dr. Yang Di. It proposes the New Resource Theory and New Resource Perspective, serving as the follow-up of the National Soft Science Project and a supported project under the National "Project 211." It is included in the series "Frontiers of Financial Development Theory." The book is divided into seven chapters. First, it begins with the expansion of the concept of resources. After tracing and analyzing the evolutionary trends of the resource concept, the authors propose the New Resource Concept, arguing that resources include not only traditional natural resources but also social resources, which play an increasingly prominent role in current economic development. Next, it provides a detailed analysis of the role and resource attributes of social resources such as institutional resources, financial resources, human capital resources, knowledge resources, information resources, and ideological and conceptual resources in wealth creation. Subsequently, it proposes a new economic growth theory, advocating for the unification of growth and development by establishing a unified model. Based on the above discussions, the authors re-express the theory of resource allocation. Additionally, combining sustainable development theory, they analyze the necessity and pathways for achieving sustainability in both natural and social resources. Finally, based on the arguments throughout the book, the authors propose five insights for the New Resource Theory of the 21st century. They also propose a series of development measures and countermeasures tailored to China's actual conditions, laying a foundation for further academic research. This book is a foundational theoretical monograph with strong autonomy and originality. The new perspectives and economic ideas proposed will bring significant inspiration and influence to economic theorists and practitioners. The book provides a detailed analysis of the role and resource attributes of social resources such as institutional resources, financial resources, human capital resources, knowledge resources, information resources, and ideological and conceptual resources in wealth creation, proposing a new economic growth theory and re-expressing the theory of resource allocation.