Understanding China's economy : the turning point and transformational path of a big country / Fang Cai.
Cai, Fang, author.
2021
HC427.92
Available Online

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Title Understanding China's economy : the turning point and transformational path of a big country / Fang Cai.
Author Cai, Fang, author.
ISBN 9789813363229 (electronic bk.)
9813363223 (electronic bk.)
9813363215
9789813363212
DOI https://doi.org/10.1007/978-981-33-6322-9
Published Singapore : Springer ; China : Jointly published with CITIC Press Corporation and through the agency of China National Publications Import & Export (Group) Co., Ltd. B & R Book Program, 2021.
Language English
Description 1 online resource
Other Standard Identifiers 10.1007/978-981-33-6322-9 doi
Call Number HC427.92
Dewey Decimal Classification 330.0095
Summary 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
Bibliography, etc. Note Includes bibliographical references.
Access Note Access limited to authorized users.
Source of Description Online resource; title from PDF title page (SpringerLink, viewed April 7, 2021).
Available in Other Form Print version: 9789813363212
Linked Resources Online Access
Record Appears in Online Resources > Ebooks
All Resources
Understanding the stages of economic development
How fast has the Chinese economy grown?
Understanding China's development
Escaping misunderstandings about the relationship between population and economy
The Lewis Turning Point for large countries
The demographic transition and labour supply
The challenges after the Lewis Turning Point
China's second demographic dividend
China's inevitable speed bump
Uniderstanding the middle income trap
Employment issues: from the aggregate to the structural
The income distribution Kuznets Turning Point
Can China create another economic miracle?
From the demographic dividend to the reform dividend
From the demographic dividend to the open dividend
Addendum: Characteristics of epidemic shock and response policy.

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