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Understanding China's Economy

The Turning Point and Transformational Path of a Big Country

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  • 11 uur lezen

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Focusing on China's economic transformation from 1978 to 2011, the book delves into the nation's strategies for avoiding the middle-income trap and achieving remarkable growth. It examines the "impossible triangle" concept, urbanization dividends, and the shift from demographic to reform dividends following the Lewis turning point. The author emphasizes the need to enhance total factor productivity for sustained growth, providing insights into the complexities of the Chinese economy and addressing common misconceptions about its development.

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Understanding China's Economy, Fang Cai

Taal
Jaar van publicatie
2021
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(Hardcover)
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Ondertitel
The Turning Point and Transformational Path of a Big Country
Taal
Engels
Auteurs
Fang Cai
Jaar van publicatie
2021
Formaat
Hardcover
Aantal pagina's
288
ISBN13
9789813363212
Reeks
Beoordeling
5 van 5
Aantekening
Focusing on China's economic transformation from 1978 to 2011, the book delves into the nation's strategies for avoiding the middle-income trap and achieving remarkable growth. It examines the "impossible triangle" concept, urbanization dividends, and the shift from demographic to reform dividends following the Lewis turning point. The author emphasizes the need to enhance total factor productivity for sustained growth, providing insights into the complexities of the Chinese economy and addressing common misconceptions about its development.