Managing the Middle-Income Transition (Hardcover)

Language: English

Published by Edward Elgar Publishing Ltd, Cheltenham, 2015

1783477695 / 9781783477692

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Hardcover. The growth model of the People's Republic of China (PRC) has been based on high investment and exports, a low-cost advantage, and government interventions. This model has successfully transformed the country from a low-income to an upper middle-income economy. However, the model has generated contradictions that could undermine future growth. Making the transition to high income requires greater reliance on efficiency, productivity, innovation, and market competition.This book examines the challenges faced by the PRC in sustaining robust growth and offers policy options for making a successful transition to high income while avoiding the middle-income trap. Chapters focus on all aspects of the PRC's economy including: the growth model, the role of government, industrial upgrading, the financial sector, fiscal management, human capital, the services sector, urbanization, labor market transitions, aging and the pension system, income inequality, managing external economic relations, and water scarcity.Policy analysts, researchers, academics, and students interested in the growth and development prospects of the PRC will find this book invaluable, as will practitioners and policymakers in government agencies and international organizations.Contributors: L. Brandt, F. Cai, J. Huang, Y. Huang, K. Jia, Y. Jiang, X. Lei, L. Li, J. Liu, Y.F. Lommen, N. Lustig, J. Ros, L. Song, P. Vandenberg, G. Wan, M. Wang, W.T. Woo, L. R.Wray, J. Xu, Y. Yao, C. Zhang, Y. Zhao, J.Zhuang The growth model of the Peoples Republic of China (PRC) has been based on high investment and exports, a low-cost advantage, and government interventions. Shipping may be from our Sydney, NSW warehouse or from our UK or US warehouse, depending on stock availability.

Seller Inventory # 9781783477692

Title
Managing the Middle-Income Transition (Hardcover)
Author
Juhzon Zhuang
Publisher
Edward Elgar Publishing Ltd, Cheltenham
Publication year
2015
Condition
new
Binding
Hardcover
Language
English
ISBN 10
1783477695
ISBN 13
9781783477692

AussieBookSeller

Truganina, VIC, Australia

5-star seller

AbeBooks seller since June 22, 2007

Shipping rates from Australia to U.S.A.

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The Nile Group Pty Ltd

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Truganina, VIC Australia 3029