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China--Can Rapid Economic Growth Continue?

Abstract:

Between 1978 and 2000, Chinese GDP expanded more than seven-fold; present official projections suggest a further four-fold expansion to 2020. Is this feasible and, if so, what would be the consequences for the rest of the world? China has a huge catch-up potential and a vast resource of cheap labor. Policies are improving. The fiscal, employment and regional disparity problems, while serious, seem manageable. Hence, further rapid growth is possible. For the world economy this is bound to be b...

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Authors


Andrea Boltho More by this author
Journal:
Singapore Economic Review
Volume:
49
Publication date:
2004
URN:
uuid:59093b32-68c8-4e50-987c-eda6c11a30a1
Local pid:
oai:economics.ouls.ox.ac.uk:12881

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