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Books > Reference & Interdisciplinary > Interdisciplinary studies > Area / regional studies
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The Chinese Economy and its Challenges - Transformation of a Rising Economic Power (Paperback)
Loot Price: R1,200
Discovery Miles 12 000
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The Chinese Economy and its Challenges - Transformation of a Rising Economic Power (Paperback)
Series: Routledge Contemporary China Series
Expected to ship within 12 - 17 working days
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The remarkable transformation of the Chinese economy in terms of
its structure and growth has drawn unprecedented attention from
academics, policy makers and businessmen alike. In the past four
decades, China swiftly transformed from a centrally-planned to a
market-oriented economy, with an economic size just behind the US
and ahead of Japan. Amid commendations for China's economic success
offering valuable reform and growth lessons to other developing
countries, underlying challenges have been emerging, which
constitute long-term risks in shaking China's sustainable success.
These challenges encompass a wide range of sectors and issues such
as the rural-urban divide, state monopoly, policy loans in the
banking sector, lack of skilled and sophisticated workers,
environmental degradation, etc. This book unveils the risks and
challenges embedded in China's spectacular economic success and
demonstrates that effective handling of these challenges is vital
for China to avoid falling into the "middle-income trap". It is
elucidated that feasible solutions are available to accommodate
these risks and the clue of success lies on the willingness and
ability of China's central leaders to implement further reforms.
This book is a valuable reference for undergraduate and
postgraduate students, academics, and public and business policy
makers who are concerned about the current status and future
development of the Chinese economy.
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