China’s New Normal, Supply-side, and Structural Reform

By:

Cai Fang

Format:

Paperback / softback

Series:

China Perspectives

Show Hide Adult Content

$85.99

Available from supplier

Usually ships in 2-3 weeks

0 in Trolley

Price Match

Buy Now, Pay Later with:

Afterpay is available on orders $100 to $2000 Learn more

Availability

Delivering to:

Estimated arrival:

Around 24 Jun - 4 Jul using International Courier

Description

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 reforms, such as improved efficiency of resource reallocation, while shifting the mode of development from one of inputs to innovation. In addition, the author discusses the five major concepts of development proposed for the “13th Five-Year Plan”, as well as some critical topics related to supply-side structural reform, such as agricultural development, labor employment, and product quality. Scholars and students of macroeconomics, development economics, and the Chinese economy will find this book to be essential reading.

Author Biography:

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.

Release date Australia

September 25th, 2023

Author

Cai Fang

Audiences

Postgraduate, Research & Scholarly
Undergraduate

Illustrations

4 Tables, black and white; 1 Line drawings, black and white; 1 Illustrations, black and white

Pages

218

Series

China Perspectives

ISBN-13

9781032118482

Product ID

37860466

Customer reviews

Nobody has reviewed this product yet. You could be the first!

Write a Review

Marketplace listings

There are no Marketplace listings available for this product currently.
Already own it? Create a free listing and pay just 9% commission when it sells!

Sell Yours Here