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China's Role in Asia and the World Economy: Fostering Stability and Growth

Edited by: Jan Joost Teunissen

FONDAD, The Hague, December 2003, 314 pages.
ISBN: 90-74208-22-3

Price: Euro 24.50

Click to Enlarge		"China has overtaken the United States in foreign direct investment inflows, becoming the most attractive FDI destination." "China is becoming an engine of growth for the world, and its successes and problems should be seriously studied since they have profound implications for all of us." Given the size of China's economy - already the second largest economy in the world in purchasing power parity terms - and the size of its population - 20 percent of the world's population lives in China - the country's prospects of financial stability and growth are of key importance to the developing world.
Considering the role China is playing in the Asian region and the world economy, there are even more reasons to analyse and discuss the challenges of China's economic performance. In this book, renowned Chinese scholars and other experts in international finance and development discuss the challenges China is facing when dealing with domestic, regional and international economic issues. The first part of the book discusses China's economic reform agenda, the second China's role in regional financial cooperation efforts as well as in global finance, the third the functioning of the global financial system, and the fourth China's future challenges as seen by prominent Chinese, Japanese and Korean experts. Contributors to the book include Young Rok Cheong, Fan Gang, Yung Chul Park, Barbara Stallings, Yunjong Wang, Wing Thye Woo, Geng Xiao, Xie Ping, Masaru Yoshitomi, and Xiaojing Zhang. Forum on Debt and Development (FONDAD) Noordeinde 107 A 2514 GE The Hague The Netherlands Tel. 31 70 3653820 Fax 31 70 3463939 E-mail: a.bulnes@fondad.org www.fondad.org

March 20, 2004.

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