China's Economic Growth Prospects

China's Economic Growth Prospects

by Cai Fang


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China's Economic Growth Prospects by Cai Fang

China has grown rapidly since the reform initiation of the 1970s. China’s Economic Growth Prospects narrates the contribution of demographic transition to recent economic growth in China, and provides suggestions for ways in which it can sustain growth over the next few decades.
The expert author provides reasons for the economic slowdown since the second decade of the twenty-first century; explores the challenges facing China’s long-term sustainability of growth with the disappearance of demographic dividend; and proposes policy suggestions. He concludes that, in order to avoid the middle-income trap, economic growth in China must transform from an inputs-driven pattern, to a productivity-driven pattern.
Academics, researchers and students of economics and business, particularly those specialising in China, will find this book to be a useful resource. Investment bankers, journalists, politicians and policy makers will find the discussions of past experience and the future potential of the Chinese economy to be of interest.

Product Details

ISBN-13: 9781781005842
Publisher: Elgar, Edward Publishing, Inc.
Publication date: 07/15/2014
Pages: 256
Product dimensions: 6.10(w) x 9.30(h) x 0.80(d)

About the Author

Cai Fang, Chinese Academy of Social Sciences, China

Table of Contents

Contents: 1. At the Crossroads of Long-Term Development 2. The Development of a Dual Economy 3. The Lewis Turning Point 4. The Demographic Dividend 5. Growing Old before Getting Rich 6. The Risk of a Middle Income Trap 7. The New Engine of Economic Growth 8. Macroeconomic Policies in Transition 9. Human Capital Accumulation 10. Reducing Income Inequality 11. Labor Market Institutions and Social Protections 12. Reaping China's Reform Dividends Index

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