New silk Road - Trade and Investment. Perspectives for EU and New Partnerships

Fernanda Ilhéu

No 145, CEsA Working Papers from CEsA - Centre for African and Development Studies

Abstract: China has already given a fundamental contribution to the present globalization process and have also highly benefited from it by integrating becoming the final stage of the Global Chains Production networks in Asia. This process in China was the result of a survival economic strategy that saw in the attraction of Foreign Direct Investment in intensive low cost workmanship oriented to exports, a fundamental condition to overpass it´s millenary delay. This strategy accepted that the add value that remain in China, although very small was very important to give jobs to millions of Chinese and take them out of the absolute poverty line where they were in 1978 when Deng Xiao Ping launch the 4 Modernizations and the Open Door Policies. Other policies token during the first 30 years of the China Economic Reform, like the Grasp the Big Let Go the Small, the Socialist Market Economy, the Go West and the Go Global were equally important transforming Chinese economy in the second world biggest one. This first globalization stage had its big push in 2001 when China joined the WTO we can say that a new world economic order had begun in that date, placing China in the center of the world.

Date: 2016-09
New Economics Papers: this item is included in nep-int and nep-tra
References: View complete reference list from CitEc
Citations:

Downloads: (external link)
https://cesa.rc.iseg.ulisboa.pt/RePEc/cav/cavwpp/wp145.pdf (application/pdf)
Our link check indicates that this URL is bad, the error code is: 404 Not Found

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:cav:cavwpp:wp145

Access Statistics for this paper

More papers in CEsA Working Papers from CEsA - Centre for African and Development Studies CEsA - Centre for African and Development Studies, University of Lisbon, Rua Miguel Lupi 20, 1249-078 Lisboa, Portugal.
Bibliographic data for series maintained by Sónia da Silva Pina ( this e-mail address is bad, please contact ).