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China's Reform to Overleap the Middle-Income Trap (Hardcover, 1st ed. 2019)
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China's Reform to Overleap the Middle-Income Trap (Hardcover, 1st ed. 2019)
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This book addresses how China could avoid the middle-income trap.
Professor Li Yining proposed the framework and wrote the first
article. Under Li's guidance, other articles were written by
researchers at the Guanghua School of Management, Peking
University. It is well known that China's reform has been highly
successful, but there are still many unsolved institutional
problems. The book's authors suggest that the middle-income trap is
composed of three traps. Firstly, there is the "development system
trap". Secondly, the "social crisis trap " and finally, the
"technology trap". In order to avoid these traps, it is important
for China to intensify its economic reform, to lessen the gap
between the rich and poor, and to enhance innovations in technology
as well as the capital market.This book uses both theoretical and
case studies to discuss agricultural modernization, new
urbanization, the urban-rural gap, income growth, community
management, pastoral areas of medicine and the
newly-industrializing economy, etc.
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