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Question :Question 1Discuss the following in relation to China's market reforms:(1) the factors on the basis of which China decided to undertake market reforms;(2) how China's approach to market transition differs from the approach followed by the ex-Soviet economies(3) to what degree China's peculiar strategy can be considered critical for the success of China's rapid growth(4) the implications of China's strategy of development under the reforms for other countries in the process of development.
Question 2Discuss:(1) the current macroeconomic structure of the Chinese economy (i.e. the engines of China's economic growth(2) the policies that have led to the current macroeconomic structure(3) why China's macroeconomic structure is considered unsustainable(4) what types of changes are advocated.
Question 3Discuss:1) how the process of globalization has affected the characteristics of labor markets in the global economy and, more specifically,2) how the process of globalization has affected the characteristics of the labor market in China and3) present the international debate on labor standards.
Question 4:Discuss(1) The debate on the causes of the 2008/2009 global economic crisis(2) The channels through which the crisis spread from US to the rest of the world(3) The policy initiatives that China introduced to respond to the global crisis(4) Evaluate both their strengths and their problems.
Until the 25-century, Latin was the language used between the educated and within literature. Research and report on origins of vernacular language, and its spread.
Explain how current account imbalance create a risk for the global economy. What does the large U.S. current account deficlt tell us about the U.S economy? Are there reasons to be concerned about the size and peresistence of the US current account..
Suppose that in the beginning of the year, the exchange rate between US-dollar and the euro is exactly 2 $/EURO. At that time, a one-year US treasury bill yield an interest rate of 5%, while a similar German treasury bill yield 3%.
The accounts are in balance in total even though there is a substantial deficit in the current account. What does a deficit in the current account represent?
It has been estimated by the United States International Trade Commission that Japanese automobile import restrictions during 1980s
all students need to submit an end-of-semester essay on a common topic. the objectives are to test students ability to
The percentage of the U.S. labor force that belongs to labor unions has been declining for several decades? What are some of the reasons that labor unions are less prevalent today than they were forty years ago? Explain each briefly.
Describe both foreign income and repatriation of earnings using 3-examples that any worker can understand.
the composition of the federal budget toward more spending on income transfers and health care and a smaller share for national defense. Does economics indicate that this change will help Americans achieve higher living standards
According to the U.S. Census Bureau, in July 2006 the United States exported aircraft worth $1 billion to China and imported aircraft worth only $19,000 from China
Is the inequality between rich and poor countries increasing or decreasing over time? What are the most important dimensions along which developing countries differ from each other?
consider two countries home and foreign each of which produces two goods butter b and guns g using labour and capital.
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