Globalization and its challenges: with special reference to China

S.H. Heng
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S.H. Heng: Vrije Universiteit Amsterdam, Faculteit der Economische Wetenschappen en Econometrie (Free University Amsterdam, Faculty of Economics Sciences, Business Administration and Economitrics

No 39, Serie Research Memoranda from VU University Amsterdam, Faculty of Economics, Business Administration and Econometrics

Abstract: The main approach of this study of globalisation is historical. We look at three periods in world history when the most promising and enduring civilisation was overtaken by the less promising one. A simple model is proposed to make sense out of the tremendous shift. Subsequently we use the findings to see if they can provide some insights into understanding the challenges posed by globalisation to the People’s Republic of China. It is suggested that the most pressing task is to strengthen the state to cope with the new challenges. Concretely, it is to nurture a stratum of senior civil servants dedicated to the interests of the state; they must be selected on the basis of competence and integrity. They are to form the crucial instrument in political stability, social harmony and national cohesion. The on-going economic modemisation in Asia represents an opportunity for full social development, to encompass spirituality, cultural advancement, civil society and material progress.

Keywords: bureaucracy; globalisation; China; state building; development. (search for similar items in EconPapers)
JEL-codes: A13 F02 (search for similar items in EconPapers)
Date: 2000
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Persistent link: https://EconPapers.repec.org/RePEc:vua:wpaper:2000-39

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