Understanding China's economy : the turning point and transformational path of a big country

書誌事項

Understanding China's economy : the turning point and transformational path of a big country

Fang Cai

Springer, c2021

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注記

Includes bibliographical references

"Jointly published with CITIC Press Corporation and through the agency of China National Publications Import & Export (Group) Co., Ltd. B&R Book Program"--T.p. verso

"This Springer imprint is published by the registered company Springer Nature Singapore Pte Ltd."--T.p. verso

内容説明・目次

内容説明

This book reviews and examines the reform and opening up in China from 1978 to 2011. It analyzes how China avoided to fall into the middle-income trap over those 33 years. The book makes a deep analysis of understanding how Chinese economy became a miracle in the world economic history and its development stages, as well as the overseas erroneous understanding of the existence of Chinese economy. The author analyzes from three aspects: how to break the "impossible triangle", how to achieve middle-to-high speed growth in L model, and how to release a new dividend of urbanization. After Chinese economy entered the Lewis turning point, China faced the dilemma of labor transformation and the disappearance of demographic dividend, the demographic dividend turned to the reform dividend. The author points out and suggests that a new round of growth should be achieved by improving the total factor productivity in order to find a new way for the Chinese economy. This book plays an important role of comprehending Chinese economy under current complex economic situation. This book helps readers to understand Chinese economy from many aspects: impossible triangle, L model growth, Malthus trap, dual economy, aging problem, demographic dividend, reform dividend, trap of middle income, globalization, etc. The author as an economist aims for the public explaining the professional knowledge in a concise and easy way. This book delivers the information of discerning and understanding the economic trend, and predicting the future.

目次

Section 1 China's MiracleChapter 1 Understanding the Stages of Economic Development Chapter 2 How Fast has the Chinese economy grown? Chapter 3 Understanding China's Development Chapter 4 Escaping misunderstandings about the relationship between population and the economy Section 2 The Development Turning Point Chapter 5 The Lewis turning point for large countries Chapter 6 The demographic transition and labour supply Chapter 7 The challenges after the Lewis turning point Chapter 8 China's second demographic dividend Section 3 Sidestepping the Trap Chapter 9 China's inevitable speed bump Chapter 10 Understanding the Middle Income Trap Chapter 11 Employment issues: from the aggregate to the structural Chapter 12 The income distribution Kuznets turning point Section 4 Creating a New Miracle Chapter 13 Can China create another economic miracle? Chapter 14 From the demographic dividend to the reform dividend Chapter 15 From the demographic dividend to the open dividend

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