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Books > Reference & Interdisciplinary > Interdisciplinary studies > Area / regional studies
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A Research on China's Economic Growth Potential (Hardcover)
Loot Price: R1,847
Discovery Miles 18 470
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A Research on China's Economic Growth Potential (Hardcover)
Series: China Finance 40 Forum Books
Expected to ship within 10 - 15 working days
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After impressive growth of about 10% per annum for three decades,
China's visible signs of economic slowdown since 2008 have been
subject to much contention. What causes the deceleration? What
should we expect in an era of China's 6% growth? This book answers
these questions in three parts. Although it is widely accepted that
China can hardly continue its high-speed growth model, estimations
for its future growth potential differ greatly. The first part of
this book predicts China's growth to 2050, which considers both
cross-country historical experiences and China's own demographic
structure and employment participation features. In the second
part, the book offers a comprehensive estimation of China's
national and provincial total factor productivity (TFP) over the
period of 1978 to 2014 based on comparable data. It then analyzes
the causes of China's economic slowdown from a productivity point
of view. Finally, this book correspondingly outlines policy
recommendations, including supply-side structural reform and
macroeconomic policy frameworks, to effectively address the issue
of decline in both labor and labor productivity growth. This book
will attract scholars and students of economics and China's
economic studies.
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