China's New Normal, Supply-side, and Structural Reform
China's continuous, rapid economic growth since the Reform and Opening up of the country in the early 1980s has been praised as a miracle of the world economy. However, since 2012, the rate of growth has slowed down, rendering some people pessimistic about the country's economic prospects. This title is a collection of a leading Chinese economists' views on China's economic growth and structural reform. The author argues that China's economy has entered the new normal, meaning that slowed growth rate is not a cyclical phenomenon but a change in the stage of economic development. Therefore, there is a need to enact supply-side structural refor…
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Produktdetails
- ISBN: 978-1-00-046619-5
- EAN: 9781000466195
- Produktnummer: 36604498
- Verlag: Taylor & Francis Ltd.
- Sprache: Englisch
- Erscheinungsjahr: 2021
- Seitenangabe: 224 S.
- Plattform: PDF
- Auflage: 1. Auflage
- Abbildungen: 1 schwarz-weiße Abbildungen, 1 schwarz-weiße Zeichnungen, 4 schwarz-weiße Tabellen
Über den Autor
Cai Fang is Vice President of the Chinese Academy of Social Sciences. Professor Cai's research interests include labor economics, China's economic growth, income distribution, etc. Professor Cai's recent publications include Economics of the Pandemic: Weathering the Storm and Restoring Growth, Demographic Perspective of China's Economic Development, Perceiving Truth and Ceasing Doubts: What Can We Learn from 40 Years of China's Reform and Opening-Up?, among others.
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