Wirtschaft des modernen China
Veranstaltungsnummer: 457560
Veranstaltungsart: Vorlesung und Seminar
Kurztext: V
Modul: B.OAW.MS.05
Dozentinnen: Dr. Jan Knörich
SWS: 2
Credit Points: 3
Semester: SoSe 2012
Studienjahr:
Unterrichtssprache:
Termin: Blockveranstaltung 06. - 08. Juli 2012.
Freitag 14:00 - 16:30 Uhr, ZHG 002
Samstag 9:00 - 17:15 Uhr, ZHG 004
Sonntag 9:00 - 13:00 Uhr, ZHG 004
Erwartete Teilnehmerzahl: 75
Description of course:
This course offers an introduction to the most salient aspects of China’s economic development and reform since 1978. The objective of the course is to provide students with an understanding of key issues in Chinese political economy and development of the past 30 years. Particular emphasis will be given to the ascendance of China to become an important global economic power. Students will also develop an understanding of the economic challenges that China is facing today. No prior training in economics is required.
The course will cover five subject areas. As a background to the course, a brief overview will be given on the economic system prior to reform. This will be followed by an introduction to China’s economic reforms, discussing the economic policy considerations of the reform era. Next, the industrial sector will be examined with a focus on enterprise development. This is complemented by an examination of China’s approach to globalisation, by looking at the role of international trade and foreign direct investment.
Course textbooks:
Naughton, Barry (2007). The Chinese Economy: Transitions and Growth. Boston: MIT Press.
[below referred to as “Naughton”]
Brandt, Loren and Rawski, Thomas G. (eds.) (2008). China's Great Economic Transformation (New York: Cambridge University Press). [below referred to as “Brandt and Rawski”]
Individual chapters in Naughton provide good introductions to the various subjects of the course. The contributions in Brandt and Rawski add further depth to the individual subjects (though some technical passages may be skipped). Additional readings for each subject are listed below. Students are also encourage to subscribe to the China Economic Review at: http://www.chinaeconomicreview.com/
Course topics:
TOPIC 1: THE CHINESE ECONOMY UNDER MAO
Naughton, chapter 2 and 3.
Brandt and Rawski, chapter 1.
Wu, Jinglian (2005). Understanding and Interpreting Chinese Economic Reform (Thomson Southwest). Chapter 2.
Presentation 1: The Chinese economy in 1978: Legacies of the pre-reform economy
Provide a description of the Chinese economy in 1978. How was the economy structured, especially with regard to the enterprise system, international trade and foreign investment?
TOPIC 2: CHINA’S ECONOMIC REFORMS
Naughton, chapters 4 and 6.
Brandt and Rawski, chapters 2 and 4.
The World Bank (2012). “Executive Summary”, in: China 2030: Building a Modern, Harmonious and Creative High-Income Society (Washington, D.C.: The World Bank).
Presentation 2: An overview of China’s economic achievements, 1978-2012
Compare the Chinese economy of 1978 with that of today. What are the major changes that have occurred in this period? What are the key accomplishments in China’s economic development?
TOPIC 3: INDUSTRY AND THE ENTERPRISE SECTOR
Naughton, chapters 12, 13 and 15.
Brandt and Rawski, chapters 9, 10 and 17.
Presentation 3: Technology, innovation and the knowledge economy
How are Chinese enterprises developing their innovative capabilities? How technologically advanced have they become? What is the role of the Chinese government in promoting technological progress in China?
TOPIC 4: INTERNATIONAL TRADE
Naughton, chapter 16.
Brandt and Rawski, chapter 16.
Naughton, Barry (1997). “The Emergence of the China Circle”, in: Naughton, Barry (ed.), The China Circle: Economics and Technology in the PRC, Taiwan, and Hong Kong (Washington, D.C.: Brookings Institution Press).
Bhattasali, Deepak; Li, Shantong, and Martin, Will (2004). “Impacts and Policy Implications of WTO Accession for China,” in: Bhattasali, Deepak; Li, Shantong and Martin, Will (eds.), China and the WTO: Accession, Policy Reform, and Poverty Reduction Strategies (Washington, D.C.: The World Bank).
Presentation 4a: The role of the “China circle” in developing China’s international trade
What is the “China circle”? What is so special about it? How did it contribute to China’s “opening up” to international trade and foreign investment? What is its role in China’s economy today?
Presentation 4b: China’s accession to the World Trade Organization (WTO)
What are the most important commitments that China made to join to the WTO? What is the impact of WTO entry on the Chinese economy, especially on international trade and foreign investment?
TOPIC 5: FOREIGN INVESTMENT
Naughton, chapter 17.
Ash, Robert (2007). “Europe’s Commercial Relations with China,” in: Shambaugh, David and Sandschneider, Eberhard. and Hong, Zhou (eds.), China-Europe Relations. Perceptions, Policies and Prospects (Abingdon and New York: Routledge): 189-130.
Alon, Ilan, Fetscherin, Marc and Philippe Gugler (eds.) (2012). Chinese International Investments. Palgrave Macmillan. Chapters 8 and 9.
Knoerich, Jan (2010). “Gaining from the Global Ambitions of Emerging Economy Enterprises: An Analysis of the Decision to Sell a German Firm to a Chinese Acquirer.” Journal of International Management, 16(2): 177-191.
Presentation 5a: China’s economic relations with the European Union and Germany
What is the nature of China’s commercial relations with the European Union (EU) and its member states? How large are trade and investment flows between the two? How important is the EU for China and China for the EU?
Presentation 5b: Chinese companies in Europe and Germany
Why are Chinese companies investing in Europe and Germany? What kinds of activities are they engaging in? Are they competitive vis-à-vis European firms? What is the impact on European economies?
Course outline
Friday, 6 July 2012
14:00 – 14:30 Introduction to the course
14:30 – 15:30 Lecture 1: The Chinese economy under Mao
15:45 – 16:30 Presentation 1: The Chinese economy in 1978
Saturday, 7 July 2012
09:00 – 10:15 Lecture 2: China’s economic reforms
10:30 – 11:15 Presentation 2: China’s economic achievements
11:30 – 12:45 Lecture 3: Industry and the enterprise sector
Lunch
14:00 – 14:45 Presentation 3: The knowledge economy
15:00 – 16:15 Lecture 4: International trade
16:30 – 17:15 Presentation 4a: The “China circle”
Sunday, 8 July 2012
09:00 – 09:45 Presentation 4b: China’s accession to the WTO
10:00 – 11:15 Lecture 5: Foreign investment
11:30 – 12:15 Presentation 5a: China-EU economic relations
12:15 – 13:00 Presentation 5b: Chinese companies in Europe
Course assignment
Students should form 7 groups. Each group will organise a presentation on one of the following topics so that each topic is covered by one group:
1. The Chinese economy in 1978: Legacies of the pre-reform economy
2. An overview of China’s economic achievements, 1978-2012
3. Technology, innovation and the knowledge economy
4a. The role of the “China circle” in developing China’s international trade relations
4b. China’s accession to the World Trade Organization (WTO)
5a. China’s economic relations with the European Union (EU) and Germany
5b. Chinese companies in Europe and Germany
The presentations should aim to:
(1) address the questions listed in the topics section above;
(2) summarise key findings from the assigned readings and
(3) address key questions and major points of debate in the literature. The use of PowerPoint is encouraged but not mandatory. Each presentation should end by suggesting 2-3 questions for class discussion.
The presentations should be no longer than 20 minutes and each will be followed by 10 minutes of questions and a discussion.