A New Economic Growth Engine for China: Escaping the Middle-Income Trap by Not Doing More of the Same - Hardcover

Wing Thye Woo

Hardcover

ISBN 10: 9814425532 ISBN 13: 9789814425537

Publisher: World Scientific Publishing Co Pte Ltd, 2012

Synopsis

This volume is a report by leading international economic experts on China's economic priorities in the coming years. From various aspects of the domestic and foreign situation, China has now reached a critical juncture in its economic development. Unless China is able to overcome the difficulties in undertaking further reforms in the next ten years, China would be caught in the middle income trap and be unable to become a modern country. The future course of China's economic development is also of great concern to the rest of the world because the socio-political-economic conditions in China will have significant impact on global economic prosperity and on global political harmony. The book is a product of close collaboration between the School of Economics at Fudan University and the Earth Institute at Columbia University. They cover a new paradigm for growth, short-term demand management, institutional reforms for middle-term growth, and strengthening the fundamentals for long-term growth.

About this title

From the Back Cover

This volume is a report by leading international economic experts on China's economic priorities in the coming years. From various aspects of the domestic and foreign situation, China has now reached a critical juncture in its economic development. Unless China is able to overcome the difficulties in undertaking further reforms in the next ten years, China would be caught in the middle income trap and be unable to become a modern country. The future course of China's economic development is also of great concern to the rest of the world because the socio-political-economic conditions in China will have significant impact on global economic prosperity and on global political harmony.

The book is a product of close collaboration between the School of Economics at Fudan University and the Earth Institute at Columbia University. They cover a new paradigm for growth, short-term demand management, institutional reforms for middle-term growth, and strengthening the fundamentals for long-term growth.

Edition details

• Publisher: World Scientific Publishing Co Pte Ltd
• Publication date: 2012
• Language: English
• ISBN 10: 9814425532
• ISBN 13: 9789814425537
• Binding: Hardcover
• Number of pages: 308
• Editor: Wing Thye Woo, Ming Lu, Jeffrey D. Sachs