Mon premier blog

The Chinese Economy: Transitions and Growth by Barry Naughton

The Chinese Economy: Transitions and Growth Barry Naughton ebook
ISBN: 0262140950, 9781429455343
Format: pdf
Page: 504
Publisher:

China is likely the site of world economic growth's last stand. As Chinese data continues to deteriorate, housing continues to show weakness and bad debts rise, some take solace in the fact that this is all part of China's plan to rebalance its economy and cool growth. China's working age to non-working age population ratio Jane Golley. This nation, together with Founded in 2003, Post Carbon Institute is leading the transition to a more resilient, equitable, and sustainable world. First, a structural slowdown of growth looks clearly to be in the cards. To make matters worse, this leadership transition was occurring while the Chinese economy stumbled. For some countries this drop in growth was temporary. GDP growth rates, beginning in the middle of 2011, began to falter. In a paper, Li Zuojun, deputy director at the Development Research Center of the State Council (DRC) writes that after 30 years of rapid growth, China is beginning to restructure. Philip highlights three mutually reinforcing paths of transformation ahead in the Chinese economy. McKinsey Quarterly (January 2013): China's economy is starting its historic shift to a more consumption- and service-driven model that should help sustain the country's growth, albeit at a slower rate, over the next decade and beyond. Not all gifts are given freely, however. Growth reaccelerates once the economy works through the transition from the export-driven, manufacturing-heavy model that typically fuels fast early growth. Then Sunday's New York Times featured an article on China's Economic Empire by Heriberto Araujo and Juan Pablo Cardenal, authors of China's Silent Army: The Pioneers, Traders, Fixers, and Workers Who Are Remaking The reserve currency makes America vulnerable to the off-shoring of its tradable industries as a result of currency manipulation, and that such manipulation by China and others is causing the loss of 2-3 percent of U.S. As the world's fastest growing economy, this has amounted to a substantial gift indeed.