From Analysis of Economic Disparity to Introduction of Suggested Standpoints and Effective Tools Chinese Government Should Adopt to Address the Economic Disparity

Jingyang Zuo ()
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Jingyang Zuo: WLSA Shanghai Academy

A chapter in Proceedings of the 2022 2nd International Conference on Economic Development and Business Culture (ICEDBC 2022), 2022, pp 1166-1175 from Springer

Abstract: Abstract After World War II, international financial and trading system were established with corporations from different parts of the world. At the same time, science and technology promote more rapid development of productive forces; the third scientific and technological revolution began. Developed countries used their capital and investment funds to promote industrial growth, which helped them dominate most part of the resources in the world. This essay mainly focusses on discussing the possible impacts of the world economic disparity from political and economic aspects, followed by Chinese standpoint, reasons for China's position, and the cost-benefit analysis. Moreover, effective tools Chinese government can offer to solve the problem of economic imbalance are also analyzed.

Keywords: Economic disparity; Currency valuation; Trading partnership; Specialization; Low-interest loans; High yield investment return (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:spr:advbcp:978-94-6463-036-7_172

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DOI: 10.2991/978-94-6463-036-7_172

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