End of Hyper Growth in China?

Inbunden, Engelska, 2016

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In this book, Dr. Jun Zhang rebuts the widely-held view that Chinese economic growth is unsustainable due to low consumption and a reliance on exports and enormous fixed-asset investments. Though many believe this “structural imbalance” of the Chinese economy will become a serious problem in the long run, Zhang holds a bullish long-term outlook owing to China's long-term economic development. For Zhang, China’s structural problems are greatly exaggerated and certain structures, such as regional governing entities, ensure that China will not face the same economic issues that Japan encountered. Through regional competition, regional governments will persevere; Zhang predicts that China will overtake the US as a superpower. Zhang concludes by acknowledging the real dangers facing China’s economy, and offering advice on the reforms needed to ensure continued growth.

Produktinformation

Utgivningsdatum2016-07-13
Mått148 x 210 x 16 mm
Vikt388 g
FormatInbunden
SpråkEngelska
Antal sidor187
Upplaga16001
FörlagPalgrave Macmillan
ISBN9781137537171
OriginaltitelEnd of Hypergrowth in China

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1. China's Transition in its Growth Stage Will Become Steadier: A Talk with Barry Naughton.- 2. Does Tax-sharing System Make Sense? Understanding China’s Growth Miracle.- 3. The Coming Dominance of China: Fact or Fiction? (Part I).- 4. The Coming Dominance of China: Fact or Fiction? (Part II).- 5. Debunking the Myth about China’s Low Consumption.- 6. China’s Economy in Ten More Years.- 7. Deng Xiaoping Is Right: Understanding the New Stage in China’s Economic Development.- 8. Crisis, Reform and China’s Long Term Growth.- 9. Know the Future from Studying the Past: Estimation on the Potential Growth Rate and the Tendency of Structural Change of the Chinese Economy in Twenty Years in the Future.

“This insightful volume by Jun Zhang (Fudan Univ.) seeks to rebut the view that China’s economic growth is unsustainable due to low consumption and a reliance on exports and enormous fixed-asset investments. … A list of figures, list of tables, notes, and references. Summing Up: Highly recommended. Upper-division undergraduates through faculty.” (S. K. Ma, Choice, Vol. 54 (6), February, 2017)