Books > Reference & Interdisciplinary > Interdisciplinary studies > Area / regional studies
|
Buy Now
What Drives China's Economy - Economic, Socio-Political, Historical and Cultural Factors (Hardcover)
Loot Price: R1,664
Discovery Miles 16 640
|
|
What Drives China's Economy - Economic, Socio-Political, Historical and Cultural Factors (Hardcover)
Series: Routledge Focus on Economics and Finance
Expected to ship within 12 - 17 working days
|
Donate to Against Period Poverty
Total price: R1,684
Discovery Miles: 16 840
|
The spectacular economic growth experienced by China since 1978 has
often been hailed as the "China Miracle". Many economists have
tried to understand the forces behind China's phenomenal growth and
the explanations can be divided into two broad schools of economic
thought - one school of thought which includes Nobel Laureate Paul
Krugman explains that market mechanism and deregulation led to
China's success, while the other school of thought which include
Justin Yifu Lin, the former Chief Economist and Senior
Vice-President of the World Bank, explains that China's growth
miracle is a unique model to itself defined by the Chinese
government's prominent role. The Chinese government has been
responsible in identifying and investing in industries that have
contributed to economic growth. Some economists in the latter
school even claim that the China Miracle cannot be explained by
mainstream economics. This book examines both schools of thought
and attempts to provide a synthesis of the two schools to explain
the China Miracle. It looks at the Solow-Swan growth model, the
Harrod-Domar model and transaction cost theory. It provides
insights into whether and how China can sustain its growth and how
developing countries may replicate China's success.
General
Is the information for this product incomplete, wrong or inappropriate?
Let us know about it.
Does this product have an incorrect or missing image?
Send us a new image.
Is this product missing categories?
Add more categories.
Review This Product
No reviews yet - be the first to create one!
|
|
Email address subscribed successfully.
A activation email has been sent to you.
Please click the link in that email to activate your subscription.