Understanding China's Economy

The Turning Point and Transformational Path of a Big Country

Authors: Zhou, Jia

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  • Deeply analyzes economic changes in China over 40 yearsExplores the puzzle of Chinese high-speed developmentExplains how the Chinese economy avoided falling into the trap of middle income

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eBook 93,08 €
price for Spain (gross)
  • ISBN 978-981-336-322-9
  • Digitally watermarked, DRM-free
  • Included format: PDF, EPUB
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover 114,39 €
price for Spain (gross)
  • ISBN 978-981-336-321-2
  • Free shipping for individuals worldwide
  • Institutional customers should get in touch with their account manager
  • Covid-19 shipping restrictions
  • Usually ready to be dispatched within 3 to 5 business days, if in stock
  • The final prices may differ from the prices shown due to specifics of VAT rules
About this book

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.

About the authors

Cai Fang is the chief expert of National Think Tank and Academician of the Chinese Academy of Social Sciences. He is a member of the Standing Committee and Vice Chairman of the Agricultural & Rural Affairs Committee of the 13th National People’s Congress of China. Professor Cai’s research interests include: China’s economic reform and development, population economics, labor economics, and poverty. Professor Cai’s recent publications include: Demystifying the Economic Growth in Transition China, China’s Economic Development and Its Implications for the World.

Table of contents (15 chapters)

Table of contents (15 chapters)

Buy this book

eBook 93,08 €
price for Spain (gross)
  • ISBN 978-981-336-322-9
  • Digitally watermarked, DRM-free
  • Included format: PDF, EPUB
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover 114,39 €
price for Spain (gross)
  • ISBN 978-981-336-321-2
  • Free shipping for individuals worldwide
  • Institutional customers should get in touch with their account manager
  • Covid-19 shipping restrictions
  • Usually ready to be dispatched within 3 to 5 business days, if in stock
  • The final prices may differ from the prices shown due to specifics of VAT rules
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Bibliographic Information

Bibliographic Information
Book Title
Understanding China's Economy
Book Subtitle
The Turning Point and Transformational Path of a Big Country
Authors
Copyright
2021
Publisher
Springer Singapore
Copyright Holder
CITIC Press Corporation
eBook ISBN
978-981-336-322-9
DOI
10.1007/978-981-33-6322-9
Hardcover ISBN
978-981-336-321-2
Edition Number
1
Number of Pages
VIII, 278
Number of Illustrations
35 b/w illustrations
Topics