GLOBALIZATION AND CHINA'S ECONOMIC DEVELOPMENT

doi:10.1111/j.1468-0106.2006.00315.x

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Wiley InterScience

Pacific Economic Review

Volume 11 Issue 3, Pages 271 - 285

Published Online: 20 Sep 2006

Published on behalf of the Hong Kong Economic Association

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GLOBALIZATION AND CHINA'S ECONOMIC DEVELOPMENT

Gregory C. Chow*

Princeton University

* Address for Correspondence: Gregory C. Chow, Department of Economics, Fisher Hall, Princeton University, Princeton, NJ 08544 USA. E-mail: gchow@princeton.edu. The author would like to thank Ronald McKinnon and a referee for comments on an earlier draft and the Center for Economic Policy Studies and the Gregory C. Chow Econometric Research Program at Princeton University for financial support in the preparation of this paper.

ABSTRACT

Abstract. This paper studies the nature and implications of globalization in China's economic development since 1978. It covers the four aspects of the flows of goods, capital, technology/information and of people to and from China. It also analyzes the role of the exchange rate of renminbi in transmitting the effects of foreign trade and investment to the Chinese macroeconomy.

DIGITAL OBJECT IDENTIFIER (DOI)

10.1111/j.1468-0106.2006.00315.x About DOI