A Universally Beneficial and Inclusive Economic Globalization:Connotations,Logical Basis and Contemporary Relevance

The world is undergoing seismic upheavals unseen in a century.Globalization faces complex challenges and attacks from the political forces advocating reverse globalization and deglobalization.Pessimistic arguments such as“the end of globalization”1 and“global trade fragmentation”2 keep rising.The open world economy is at a crossroads.

The Transformation of Economic Globalization and China’s Role in It Under Profound Changes Unseen in a Century

The world economy prospers when it is open,but declines when it is closed.Since the end of the cold war,economic globalization has developed rapidly,forming a new global development pattern that features intertwined interests of countries all over the world.The report to the 20th National Congress of CPC pointed out that at present,changes in the world,times and history are unfolding in a way unseen in the past.

Does Financial Globalization Discipline Macroeconomic Policies

Using the unbalanced panel data of 160 countries from 1970 to 2007,we employ inflation and the budget deficit as proxies for monetary policy and fiscal policy,respectively,and study whether financial globalization has discipline effects on these macroeconomic policies.The empirical results in our study suggest a significant discipline effect of financial globalization on monetary policy during the entire sample period,which is robust both to de jure and to de facto measures of financial openness.Our sub-sample investigations demonstrate that financial globalization reduces inflation only in higher-middle-income and high-income countries,and when financial globalization is scaled by the proportion of a country’s foreign assets and liabilities to its GDP,the discipline is evident only after 1988.Nevertheless,we do not demonstrate any evidence of financial globalization’s discipline effect on fiscal policy.The empirical results indicate that financial globalization even increases the budget deficit in certain countries and periods.

Economic Globalization: An Irresistible Trend Despite Imperfections

The world is entering into a new era of economic globalization. Realizing the benefits of globalization depends on a host of realistic conditions including technology and infrastructure, geopolitical pattern and the structure of market power, and international institutional arrangements, i.e., the global governance structure, among others. In this new era of economic globalization, international competition boils down to the ＂good governance＂ of countries rather than the use of force and hegemonism. Most importantly, a country must promote the vibrancy of innovation in order to stay competitive and creative. In this sense, China＇s position in the new era of economic globalization hinges upon its transition from being the ＂leader of world economic growth＂ to being a future ＂leader of good governance and vibrancy. ＂ Interests of various economies become interlocked, intertwined and overlap. Despite the inevitability of conflicts and frictions, more inclusive and balanced global development serves the interests of most nations. For great powers with extended boundaries of interests across the world, the maintenance of the new balance of power in economic globalization is consistent with their respective national interests. Hence, in the new era of economic globalization characterized by the inevitability of intricate interests and inevitable conflicts, the world is likely to be more peaceful, competitive and inclusive than any previous age of economic globalization.

Economic Globalization 3.0 and the Concept of Interconnection under the Belt and Road Initiative

At present,the third wave of economic globalization is emerging.After the setbacks in Economic Globalization 1.0 and rejuvenation in Economic Globalization 2.0,China's economy is bound to occupy an important international position in the new chapter of Economic Globalization 3.0 and exert profound influence globally.The benefits of globalization cannot be realized without a number of realistic conditions,including the level of technology and infrastructure,geopolitical pattern and market power structure,international institutional arrangements(global governance structure),among others.Under Economic Globalization 3.0,the nature of international competition is good governance,rather than brutal force and hegemony.What matters for China is for it to become an innovative and vibrant country and demonstrate its economic vitality,competitiveness and creativity.Therefore,China's position under Economic Globalization 3.0 depends on its transition from a "world leader of high growth " into a future "world leader of good governance and vibrancy." In the new chapter of Economic Globalization 3.0,the interests of world economies become interwoven and interdependent.Despite unavoidable frictions and disputes,more inclusive and balanced development serves the interests of most countries in the world.For major countries with global interests,maintaining the new balance of power for economic globalization is consistent with their respective national interests.The shared interests of countries promise a more peaceful and interconnected world than ever before.

China’s Manufacturing Sector,Industrialization and Economic Globalization

By analyzing the development and industrialization of China’s manufacturing industry since reform and opening-up,this paper proposes China has played three roles in economic globalization-as an in-depth participant in specialization of the global manufacturing value chain,as an active facilitator of global inclusive and sustainable industrialization,and as a cooperative innovator in the new industrial revolution.It is significant for comprehensively understanding the role of China in economic globalization.

Economic Globalization and Industrial Pollution

In order to study the relationship between economic globalization and industrial pollution, this paper developed the theoretical framework and used simultaneous equations. The result shows that economic globalization has influences on the industrial pollution mainly by the direct effect of scale, structure and technology as well as the indirect effect of income and policy. Considering all the factors, economic globalization, especially foreign direct investment (FDI), will reduce industrial pollution, in which technology spillover effect plays an important role.

ECONOMIC GLOBALIZATION AND ITS IMPACTS ON URBAN SYSTEM IN CHINA

With the implementation of economic reform and open policy, China has expanded her foreign trade, utilized a lot of foreign investment, and thethere its economy has been increasingly integrated into world economy. Because the coastal region is different in the level of socio-economic development, location and accessibility from inland region, the former has got more opporturuties of development. In the coastal region, the ekisting urban clusters are spreading and new ones are appearing. However, a large floating population, traffic jam, sprawl spread in urban land use and environmental pollution have become serious problems in coastal cities.

World Economic Globalization: Positive Role

By the globalization it means a type of movement process of the world e-conomy at large. It primarily means that the allocation of productive re-sources has transcended the scope of a nation and that 1he optimal of pro-duction factors is realized on a regional and even a global scale. This re-quires all countries to become more open and their economies to becomeincreasingly marketized, thus increasing the degree of mutual

Response of Land Use Planning in Less Developed Areas to Economic Globalization

Under the background of economic globalization, the development mechanisms of various regions face potential deep transformation, and the effective participation of less developed areas in China in economic globalization is of great significance to the sustainable development of Chinese economy and society. In this study, we summarized the characteristics and influences of economic globalization from the aspects of industrial recombination and transfer, competition, economic relevance and development modes, and analysed the opportunities and challenges of land use in less developed areas brought by economic globalization. Afterwards, based on the major problems of land use planning management in the middle of Jiangsu Province, we put forward some suggestion including management of planning process, balanced development of ecology and economy, strengtheningn planing use zoning, spatial agglomeration and protecting cultural diversity to response to economic globalization.

China＇s Oil Security Issues and Countermeasures in the Context of Economic Globalization

In the context of economic globalization and economic crisis, China＇ s oil security issues are not merely related to energy access and consumption, but also involve many aspects of the political and economic factors which are becoming increasingly complex. In view of this, we should not only need to attach great importance to energy security, making full use of ＂two markets and two resources＂ to take a variety of channels to ensure oil supply diversification, but also should develop oil security strategy from a strategic level, and actively participate in international oil trading system. Furthermore, we should support China＇ s oil enterprises from the political, financial and other aspects, so as to ensure adequate, stable and affordable supply ofoil to meet China＇ s economic construction requirement.

The Inner Link Between Economic Globalization and the Formation of American Post-industrial Economy

Economic globalization has a very important impact on the world economic development.The economic globalization,especially after the 1970s,not only promoted the global industry division of labor,but also changed the economic structure of the world.From the perspective of global industrial division,many counties have entered post-industrial process,the United States is a case in point.However,economic globalization is an abstract conception,which it consists of trade liberalization,capital globalization,and production decentralization.Therefore,trade liberalization,capital globalization,and production decentralization are important factors for the formation of the post-industrial economy in the United States.

Chinese Vice President Says Economic Globalization an Inevitable Trend

China’s interests and future are closely linked to those of the world,and it wishes to work with all countries for common development and a community with a shared future for mankind,Chinese Vice President Wang Qishan said at the 2019 World Economic Forum(WEF)in Davos,Switzerland on January 23.

Globalization,Industrialization and Economic Catch-Up

Industrialization was an essential path to modernization for early industrialized nations.Since the 1990s,however,premature deindustrialization has swept across much of the developing world,where industry contributed less to job creation and economic growth.Will developing countries still have opportunity to achieve economic growth and catch-up through industrialization?This article contends that the traditional path of industrialization has become more elusive in the era of globalization but the changing global economy and technological progress create new opportunities for developing countries.In today’s interconnected world,China’s economic rise has great implications for other developing countries.This article finds that China’s emergence as the world’s workshop has helped rather than hurt industrial development in Africa through two-way trade,but its impact may differ across the African continent,Africa’s industrial path may not follow an exportoriented approach.Instead,Africa’s future sustainability depends on its adoption of a diversified industrial policy.

Examining the Trends and Influencing Factors of International Trade in the Era of New Economic Globalization

In the context of the new era of economic globalization,the development of international trade holds immense significance in fostering global economic recovery and advancing the process of global economic integration.Against this backdrop,aspects such as trade liberalization,digital trade,trade in services,and the influence of multinational companies are becoming increasingly prominent.Concurrently,factors encompassing economic,political,technological,and environmental considerations,as well as regional economic integration,will exert influence on the trajectory of international trade development.This paper aims to comprehensively explore the development trends of international trade and the myriad influencing factors within the framework of the new economic globalization.

Domestic Demand-Based Economic Globalization： Strategic Choice for China to Profit from the Second Wave of Globalization

China＇s first wave of economic globalization is characterized by its full utilization of foreign advanced, especially innovative, production factors in the domestic market to develop its innovation economy. China＇s participation in global economy can be described as fully utilizing domestic low-end production factors through foreign markets. This type of participation has been overdone. As China aims to engage in a second wave of economic globalization, the focus is to implement an in-depth globalization strategy under the condition of expanding domestic demands, namely and to develop the global economy based on domestic demands, The purpose is to achieve an economic rebalance with the world and help China out of its overcapacity predicament in weaker global economic climates. Moreover, it will bring China a chance to introduce foreign advanced factors to accelerate growth and develop innovation economy by turning economic crisis in the West into opportunities.

Research on the Modern Cultural Industry Development Model under the Background of Economic Globalization

In this paper, we conduct research on the modern cultural industry development model under the background of economic globalization. When we talk about traditional culture, cannot leave to distinguish and judge of value as the peel and transformation of traditional culture, dominated by modern value consciousness undoubtedly, however, long-term since, the consciousness of the value formation of the modern transformation of traditional culture consciously or conscious disturbance. The inheritance and transformation of traditional culture, inevitably contains the value pursuit as this kind of value pursuit, in the modern social group formation and transport, in modern people’s needs and meet the needs of this relationship. Our research proposes the novel perspective of the related issues that will be meaningful and necessary.