2006•Contemporary Economy & ManagementRequires access

National Capital is the Lifeline of Economic Globalization

Guo Huan-shu

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Abstract

The objective of economic reform is to make welfare for people and to improve national strength.Reformation is necessary when the original mechanism and system become the obstruction of development.When lacking the essential developmental fund,under the condition of economic security and independent premise,we must carry on thrift,self-accumulation,and attract the foreign fund.The developmental situation of economic globalization makes the world economy into an organic whole.But a country's economy first belongs to a nation,then to the world,its key lies in whether the country has its national capital.The reform on our state-owned enterprise is inevitable,because of the low efficiency caused by the mechanism and the system.But how to prevent the state asset from draining,to avoid similar reform faults in the Eastern European countries,especially plundering national capital by the multinational corporation,the lessons of Eastern European countries are thought-provoking.

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The objective of economic reform is to make welfare for people and to improve national strength.Reformation is necessary when the original mechanism and system become the obstruction of development.When lacking the essential developmental fund,under the condition of economic security and independent premise,we must carry on thrift,self-accumulation,and attract the foreign fund.The developmental situation of economic globalization makes the world economy into an organic whole.But a country's economy first belongs to a nation,then to the world,its key lies in whether the country has its national capital.The reform on our state-owned enterprise is inevitable,because of the low efficiency caused by the mechanism and the system.But how to prevent the state asset from draining,to avoid similar reform faults in the Eastern European countries,especially plundering national capital by the multinational corporation,the lessons of Eastern European countries are thought-provoking.

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Available abstract

The objective of economic reform is to make welfare for people and to improve national strength.Reformation is necessary when the original mechanism and system become the obstruction of development.When lacking the essential developmental fund,under the condition of economic security and independent premise,we must carry on thrift,self-accumulation,and attract the foreign fund.The developmental situation of economic globalization makes the world economy into an organic whole.But a country's economy first belongs to a nation,then to the world,its key lies in whether the country has its national capital.The reform on our state-owned enterprise is inevitable,because of the low efficiency caused by the mechanism and the system.But how to prevent the state asset from draining,to avoid similar reform faults in the Eastern European countries,especially plundering national capital by the multinational corporation,the lessons of Eastern European countries are thought-provoking.

Key concepts: Premise, Multinational corporation, Globalization, Capital (architecture), Carry (investment), Business, Economic globalization, Economic policy

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National Capital is the Lifeline of Economic Globalization — Research Paper | ScholarLens