NEW DUAL ECONOMY

NEW DUAL ECONOMY

New Economic Prosperity and the Reengineering of the Traditional Economy

von Chunsheng Zhou, Zhiliang Wang

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Beschreibung

This book attempts to establish a new theoretical framework to analyze the intrinsic patterns of economic growth, structural transformation, and the shift of economic momentum in the digital economy era. The book provides a detailed discussion on the interactions between the old and new economic sectors (the limitless and limited sectors), the migration of labor and capital between different sectors, as well as the accumulation of knowledge capital, such as data, technology, and creativity. Additionally, it delves into the growth mechanisms of the new dual economy. Given the characteristics of competition and deep integration between the limitless and limited sectors in the new dual economy era, the book also explores the transformation and digitalization of traditional enterprises.

This book not only focuses on theoretical innovation and exploration but also closely relates to the realities of new economic development and China's economic transformation. It holds reference value for economic researchers, government departments and entrepreneurs.

Contents:

  • Foreword
  • Preface
  • About the Authors
  • Traditional Dual Economic Theory and the Changing Dual Economic Structure in China
  • The New Dual Economy with Limited and Limitless Supply in Competition
  • International Comparison of the Development of the New Dual Economy
  • Investment and Capital Flows in the New Dual Economy
  • The New Dual Economy and the Development of Asset Intangibility
  • Human Capital and Structural Change in Employment
  • Economic Growth and Structural Change in the New Dual Economy
  • Economic Transformation and Reinvention of the Traditional Economy in the Midst of Great Changes
  • The Future of the Global Economy and the Sustainable Development of China's Economy
  • Bibliography

Readership: For advanced undergraduate and graduate students, researchers and practitioners in the fields of digital economy.

, a distinguished economist in China, serves as the Associate Dean and a finance professor at Cheung Kong Graduate School of Business (CKGSB). He earned his PhD in Economics from Princeton University in 1995. Over the course of his illustrious career, Professor Zhou has held prominent positions at leading institutions worldwide, including the US Federal Reserve Board, the University of California at Riverside, the University of Hong Kong, the China Securities Regulatory Commission, and Peking University. Professor Zhou's research encompasses financial theory, economic development, and digital economy, with numerous influential articles and books in both English and Chinese. His academic excellence has been recognized through various prestigious awards, most notably the China National Excellent Young Researcher Grant. He is also an editorial board member of the Annals of Economics and Finance, as well as the Director and Ph.D. supervisor at the Executive Development Program Center at Peking University. In recent years, Professor Zhou has made groundbreaking and fundamental contributions to the field of digital economy research, establishing himself as a thought leader in this transformative area of study.
is an economist specializing in emerging industries, with a particular focus on the digital economy, regional economic development, and financial markets. Holding a master's degree from Peking University and currently pursuing his PhD at the University of International Business and Economics (UIBE), where he previously earned his bachelor's degree with honors. Mr Wang brings a unique combination of academic rigor and practical industry expertise. His professional background includes significant tenure at China's central enterprises and leading financial institutions, where he developed substantial expertise in emerging sectors, such as new materials, Internet technologies, and information technology. Through his comprehensive research and industry experience, Mr Wang provides valuable insights and practical guidance for understanding the digital economy's evolution and the structural transformation of modern economies.

Produktdetails

ISBN 9789819808090
Verlag World Scientific Publishing Company
Erscheinungsdatum 02.04.2025
Sprache Englisch

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