经济学文书个人陈述personal statement范文

by admitwrite · 2016-07-17


As the Asian financial crisis continues unabated in its second year, I , an economics major trained at one of China’s best cradles of economists, feel duty-bound to pursue advanced studies. Only by so doing can I hope to make a significant contribution to the discourse on China’s economic development strategy as the country endeavors to dodge the economic debacle that has befallen its neighbors. I must help decipher the puzzle of how the Asian economic miracle has busted. It is my strong belief that my country can draw vitally important lessons from the failures of other Asian economies.

Most of my education to date is characterized by preeminence. a graduate from the Beijing No.4 Senior  High School, one  of the country’s very  best high schools,  I did my undergraduate  university studies   at  the   University  of   International   Business  and Economics,  a  most respected  institution  that  specializes  in  training  economists and entrepreneurs. At this university, I received extensive training that was both rigorous and vigorous in economics. Exercising diligence and creativity, I achieved an academic record that was  the  envy of  many of  my schoolmates.  Such education  should  provide solid grounding for me as I seek to vault into higher intellectual domains.

Upon graduation in 1997, I  have been working for China National Chemical Supply and Sales Corporation, one of the country’s  key state-owned companies. I obtained the position on  the strength  of my outstanding  academic records  as well as  the excellent performance I exhibited during my internship there. The job is satisfying in terms of both remuneration and prestige,  but it does  not give me  a big enough  stage to realize my ambition of making myself a prominent Chinese economist.

I  understand that,  in  today’s  world,  the power  of  a  nation lies  in  its  economic strength. This is  particularly so for China,  which has to support almost  a quarter of the humankind  with   only  a  fraction   of  the  world’s   resources  and  wealth.   While  the development of economy is essential to every country, no other country in the world has to shoulder  the  kind of  responsibility that  China  does. With  an economy  the size  of Canada’s, China  has a  population that increases  by a  Canadian population  every two years, even  while it is  enforcing a  strict family planning  rules. That means  that, to just maintain the existing  living standards of its  citizens, China has come  up with a enough jobs every two years for what amounts to the employment of every Canadian, young or old, healthy or sick. This is a daunting task that no country has ever faced. The fulfillment of this task, no doubt, calls for ingenuity.

I am glad to see that China is following a path that it has chosen, first and foremost,in response to the realities within its own borders, even  though it has not shunned from integrating  its economy  with  that  of the  developed  world.  With almost  20  years  of vigorous economic reforms, the Chinese seem to have struck the right balance between answering the call of accelerating globalization and defending its national interests. This balance  has paid  off in  many  ways. The  country’s average  economic  growth rate  of nearly 10 per cent for almost 20 years makes its economy the fastest growing among all major economies. The economic  strength it has thus accumulated is  helping it to stave off the financial  meltdown that has  ravaged the tiger economies.  I want to  know what China has done right that the other countries have done wrong and how China can build upon  its  impressive record  so  far  for  sustained  growth  in  the future.  Sophisticated answers to these questions  require sophisticated training, which I hope  I can achieve in your distinguished program.

My  undergraduate studies,  though  far from  enough for  my  long-term purpose,have adequately  prepared me  for advanced  research..  I am  now solidly  grounded in mathematics,  statistics  and basic  theories  of  economics,  all fundamental  subjects  in learning economics. I  have been particularly  interested in Game Theory  and Money & Banking.  To  broaden  vision,  I have  audited,  by  special  arrangement  for  the  gifted students,  graduate  courses   like  Futures  &   Securities  Investment  and  International Marketing, taught  by overseas  professors. Through  these courses,  I have  learned the concepts and theories of Western economics. All this has added to my intellectual depth.

With the vigorous training I received in my undergraduate studies,  I have arrived at some basic  understanding of  the Asian  economy,  on which  I would  like to  focus my graduate studies. I believe that, in spite of the breakneck growth in the 1970s and 80s  of the tiger economies  that gave rise to  the “East Asian Miracle”,  the East Asian countries failed to  build up  sound economic structures.  Their economic  growths were powered more by the injection of tremendous  investments than anything else, which led to what has come to be called the bubble economies. In their rush to achieve grandiose growths targets, they set up only rudimentary systems of control over their financial industries. As a result, too many loans were allowed to be secured on overpriced real estate and stocks. Such a  situation would  result in  grave consequences  if either  the real  estate or stock market collapsed.  When both of  these markets  crashed last year  in one after  another Southeast Asian  country, their  banks’ bad  loans multiplied,  setting off  domino effects across whole  economies throughout the  region. The  devastation was such  that, more than a year after the crisis began, few  people in Asia can see any light at the end of the tunnel today.

The big question in  the Asian crisis is now  on China. In the face  of the Asian crisis,China has  demonstrated remarkable  strength and  courage. Unlike in  most other  East Asian countries, the  economy in China is  still growing, and the  Chinese currency is still stable.  The  difference  is  spelt,  I believe,  by  the  measures  that  China  has  taken  in preventing  the occurrence  of  a  bubble economy.  The  Chinese government  has  not rushed  to  bless  run-away  speculation  on   the  stock  market,  as  some  other  Asian governments seemed to  have done. Foreign  investments, of which China  has received more  than  any  other  country  except  the   US,  have  been  carefully  channeled  into infrastructure projects  and industrial production. This,  along with the  inconvertibility of the Chinese currency on the capital accounts, has prevented the kind of capital flight that has undermined  the financial  systems in  other  Asian countries.  Amazingly, China  has become a powerful stabilizing force in Asian economies, although the country has been faulted by some in the West for not having embraced the free market concept as readily as other  developing countries did.  I think  the stark contrast  between the  success of a somewhat more controlled economy and the failures of the free market economies begs for many questions.

The story  on China is of course  not over yet, nor will  it be anytime soon. With  the deepening  Asian  financial  crisis  mounting  more  and  more  pressure  on  China,  the Chinese  government  and  businesses  are  desperately  trying   to  maintain  economic growths while continuing the country’s structural  reforms. We do not yet know whether China will in  the end be able to  tough out the current  crisis that keeps knocking on  its doors. Even  if China can survive  this round of  crisis unscathed, it will  have to continue integrating its economy further with that of other countries, thereby exposing itself more and more to  the capricious forces of the international  financial markets. In the process,Chinese  economists will  have to  meet the  challenge  of answering  difficult questions,questions that may not have been asked  anywhere else. I would like to be one of those meeting this challenge.

In applying for acceptance  into your program, I hope that,  more than learning the staid concepts and  theories of economics, I can  sharpen my insights when treading  on unmapped territories.  I am  attracted to  your wide  range  of course  offerings and  the varied backgrounds of your faculty members. I am  confident that, under your seasoned guidance, I will give  full play to my intellectual potential in  academic research. It should come as no surprise  to you if I become one of  the foremost authorities on the Chinese economy a few years after I graduate from your school.