Mon premier blog

The Chinese Economy: Transitions and Growth by Barry Naughton

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

The CCP is undergoing a pivotal once-in-a-decade power transition that will see its fifth generation of leaders set the future agenda for the second-largest economy in the world. Since its departure from Communism and the liberalization of its economy, China has experienced extremely high economic growth rates, raised hundreds of millions of people out of poverty, and has become a central component of the global economy due to its high degree of integration and essential role in the supply chain (Sachs, 2005, 165-169). China is on the verge of making a number of important economic transitions. The Chinese government is getting serious about ending the state's parasitic role in the Chinese economy, reports the New York Times. Depending on how you measure it, this could quite possibly happen by 2020. While the country has maintained a political monopoly since its founding, the effects of China's rapid economic growth have triggered increasing social unrest and political destabilization that challenges the country's rise as a global power. First, China is on the cusp of becoming the world's largest economy. I have been reading The Chinese Economy: Transitions and Growth by Barry Naughton. Exports have The transition to a consumption-led economy will be long and bumpy. Naughton, Barry, 2007, The Chinese Economy Transitions and Growth, Boston, Massachusetts: MIT Press. Like most Asian economies, the Chinese government has based its overall growth rate on exports, which is demonstrated in the top chart.