Macroeconomic and Enterprise Theory Research in an Open Environment (Also Discussing the Rise and Impact of Neoliberalism)

Author: Wu Yifeng et al.
Publisher:
Publishing Date: 2004-09-01
Features: This book provides an in-depth analysis and reveals the origins and the vigorous rise, development, and manifestations of the neoliberal economic since the 1970s, as well as its impact on countries worldwide, particularly the significant shock it has had on developing countries in Latin America and socialist countries, including its negative effects on China's economic reforms. The book proposes corresponding countermeasures for China's realistic economic issues, conducts thorough research and analysis of relevant macroeconomic theories from the West, and draws on their reasonable components, offering excellent suggestions. Examples include issues such as the current RMB exchange rate, trade theory and policies, and a series of macroeconomic indicators related to weak consumption. Additionally, some authors focus on the theory and application of regional economics in China, conducting in-depth and specific empirical analyses of the impact of foreign direct investment, cluster enterprises, patent output, and other factors on regional development.
Furthermore, regarding corporate governance. In the relatively mature corporate theories of the West, there are many aspects that can serve as references for China. The authors not only analyze the relationship between governance structures and governance mechanisms but also pay attention to institutional innovation in both areas, particularly delving into issues such as shirking, integrity, and independent directors in current corporate activities, while proposing effective solutions. To draw on Western corporate theories, some authors also compare and analyze corporate governance models represented by the UK and the US with those represented by Germany and Japan, aiming to learn from the strengths of each and adapt them to China's context.
Lastly, the book explores and discusses other issues such as the theory of intellectual property advantage, the theory of latecomer advantage, and the "hard core" and "protective band" theory of major economic schools, among others.