TRANSFORMÁCIA ČÍNSKEJ EKONOMIKY A POZÍCIA PRIAMYCH ZAHRANIČNÝCH INVESTÍCIÍ

• Authors: Baláž Peter

Title variants

EN

China´s economy transformation and the role of FDI

• Languages of publication: SK

Abstracts

EN

This article identifies developmental trajectory of changes which were undergone by the China economy during its transformation. Particular attention is paid to the impact of inflows and outflows of foreign direct investment (FDI) since their importance during this process was essential. It presents the views of leading experts on the economic direction of the country and points out the influence of the expansion of China on the international positions of other countries. Based on the theory of Flying Geese Pattern, presents a philosophy of strategic government actions aimed at strengthening the international position of Chinese economy as well as its ability to successfully adapt to external and internal consequences, including of undervalued domestic currency (CNY), resulting from the long-term financial crisis. The result of a rapid growth will deepen the general dependence of world economy on China. In a basal manner it will determine strategic intentions and development space of all world centres which will have to adapt to the new situation.

Keywords

EN

ECONOMIC THEORY; FLYING GEESE PATTERN; FOREIGN DIRECT INVESTMENT; FDI; CHINA

• Publisher: Institute of Slovak and World Economics and Institute for Forecasting, Slovak Academy of Sciences
• Journal: Ekonomický časopis (Journal of Economics)
• Year: 2014
• Volume: 62
• Issue: 9
• Pages: 903 – 925

Contributors

author

Baláž Peter

• Ekonomická univerzita v Bratislave, Obchodná fakulta, Dolnozemská cesta 1, 852 35 Bratislava, Slovak Republic