End of Hyper Growth in China?
1st Edition
Published on 12. July 2016
XIX, 187 pages
978-1-137-53718-8 (ISBN)
Description
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.
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.
Reviews / Votes
"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)More details
Series
Language
English
Place of publication
New York
United States
Publishing group
Palgrave Macmillan US
Target group
Professional and scholarly
Product notice
Reflowable
Illustrations
XIX, 187 p. 25 illus., 9 illus. in color.
File size
3,22 MB
ISBN-13
978-1-137-53718-8 (9781137537188)
DOI
10.1057/978-1-137-53718-8
Schweitzer Classification
Other editions
Additional editions
Jun Zhang
End of Hyper Growth in China?
Book
07/2016
Palgrave MacMillan
€117.69
Shipment within 10-20 days
Person
Professor Jun Zhang is one of China's leading economists and a highly sought after commentator on its economy. Recent academic contributions have been to
The World Economy
, C
hina Economic Review
,
Economic Systems
, the
Journal of Asian Economics
, the
Journal of the Asia Pacific Economy
, and the
East Asian Review
.
Content
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.
