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

Woo, Wing Thye (EDT); Lu, Ming (EDT); Sachs, Jeffrey D. (EDT); Chen, Zhao (EDT); Lin, Shangli (FRW)

ISBN 10: 9814425540 / ISBN 13: 9789814425544

Published by Wspc/Icp, 2012

About this Item

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Bibliographic Details

• Title: New Economic Growth Engine for China : Escaping the Middle-Income Trap by Not Doing More of the Same
• Publisher: Wspc/Icp
• Publication Date: 2012
• Language: English
• ISBN 10: 9814425540
• ISBN 13: 9789814425544
• Binding: Soft cover
• Condition: As New

About this title

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.