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Books > Social sciences > Politics & government
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China's Qualitative Economic Transformation (Hardcover, 1st ed. 2023)
Loot Price: R3,887
Discovery Miles 38 870
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China's Qualitative Economic Transformation (Hardcover, 1st ed. 2023)
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This book explores the challenges China has faced during its
economic restructuring, including trade wars, rising costs of labor
and land, climate change, recalcitrant state-owned enterprises, an
aging population and other problems. Since its historic reform and
opening up, China has achieved and sustained remarkable economic
growth driven primarily by manufacturing and the real estate
industry. As the country continues to move up the supply chain,
"Made in China," once synonymous with poor quality, but has come to
mean advanced technologies. China's future economic growth and its
success in economic restructure will depend crucially on the
dynamic evolution of the country's comparative advantages.
Contributors examine how the dynamic evolution of China's
comparative advantages can help the country overcome two closely
related problems: heavy dependence on low value-added exports and
the prospects of falling into the middle-income trap. The book will
be of value to researchers interested in China's economic
development and policies.
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