Tag Archives: Economic Development

China, Socialism & Consumer Behavior: extending old-for-new car, appliance selling spree

China is going to expand schemes that give domestic consumers a discount if they trade in old cars and household appliances for new ones, said Chinese Vice Commerce Minister Jiang Zengwei [...]
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Education in China: Reverse Brain Drain

China is experiencing some reverse brain drain, by attracting Chinese scientists and mathematicians in the U.S. back to the mainland [...]
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China, Socialism & Consumer Behavior: The End of “Chimerica”

For the better part of the past decade, the world economy has been dominated by a unique geoeconomic constellation that the authors call "Chimerica": a world economic order that combined Chinese export-led development with U.S. overconsumption on the basis of a financial marriage between the world's sole superpower and its most likely future rival. In this paper, economic historians Niall Ferguson of Havard Business School and Moritz Schularick of Freie Universität Berlin consider the problem of global imbalances and try to set events in a longer-term perspective [...]
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China, Socialism & Consumer Behavior: 4 million Chinese families own million dollar assets

The more than 4 million Chinese families with million dollar assets in 2008 will reach 7.8 million in 2013, according to a new report by Boston Consulting Group (BCG) published recently [...]
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Listen to Mary Newsom’s “The information Superhighway: Urban Renewal or Neighborhood Destruction?” talk at IDEA 2009

As a long-time practitioner of daily newspaper journalism who sees the economic model of the newspaper industry sinking (and broadcast journalism isn’t in much better shape), Mary looks into what will happen to cities if/when the mass media splinter. With all of the “new media” journalism: the emerging trends of crowd-sourcing, blogging, YouTube, Twitter and the general explosion of information available to people, this makes virtually anyone, a potential journalist. What are the implications for information, and for the dependability of that information?
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Watch Amy Smith’s “Simple designs that could save millions of childrens’ lives” talk at TED

Fumes from indoor cooking fires kill more than 2 million children a year in the developing world. M.I.T. engineer Amy Smith details an exciting but simple solution: a tool for turning farm waste into clean-burning charcoal.
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Watch Gordon Brown’s “Wiring a web for global good” talk at TED

"We're at a unique moment in history", says UK Prime Minister Gordon Brown: we can use today's interconnectedness to develop our shared global ethic -- and work together to confront the challenges of poverty, security, climate change and the economy [...]
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Living in China: urban population exceeds 600 milion with rural income’s yawning gap

China's urban population surged to 607 million with an urbanization rate of 45.7 percent at the end of 2008, a social researcher revealed recently [...]
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China, Socialism & Consumer Behavior: Chinese premier stresses expansion of domestic consumption

Chinese Premier Wen Jiabao stressed the importance of promoting domestic consumption and independent research and development during a three-day inspection tour of the central Hunan Province, which ended recently [...]
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Watch The McKinsey Quarterly’s “Is China Recession Proof?” panel discussion

The McKinsey Quarterly recently held a panel of leading Chinese economists who explain how the world’s fastest-growing economy keeps expanding despite the global downturn [...]
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