This book explores key questions concerning the reasons for Chinas economic miracle and the rise of BRICs. It develops the concept of the Comprehensive Advantages of Large Countries (CAOLCs) and reveals the formation mechanism of CAOLCs. By analyzing the rapid rise of BRICs and the large economy phenomena, the book emphasizes the crucial role that BRICs played during and after the global financial crisis. Readers are offered important information on how China is coping with the huge impact of the financial crisis and how it is seizing the opportunity to adjust and optimize its industrial structure in the post-crisis era.
Preface.- Introduction.- Related Literature on Large Country Economy.- Concept: Comprehensive Advantages of Large Country (CAOLC).- Model: Formation Mechanism.- Framework: Factor Structure Analysis.- Strategy: Development Mode of Large Country.- Case I: Human Capital Advantage of the Late Developing Large Country.- Case II: Regionally Coordinated Development in the Late Developing Large Country.- Case III: Outward Investing Advantages of the Late Developing Large Country.- Conclusions.
Ouyang Yao was born in Ningyuan County of Hunan Province in 1962. He studied in Lingling Branch of Hunan Normal College, Renmin University of China and Hunan University, and got the degrees of Master of Philosophy and Doctor of Economics. He became a professor in 2000. He was invited as a visiting research fellow by Hitotsubashi University of Japan in 2004, and worked as a visiting scholar in Georgia Institute of Technology, U.S. in 2007. He worked in the CPC Committee of Hunan Province and of Dongan County and the Peoples Government of Yongzhou City, in 2006, he took office as secretary of CPC committee and director of Big Country Economy Research Center of Hunan University of Commerce, and concurrently as Vice President of Socialism Economic Law System Research Association of China and President of Commercial Economlă#
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