China s New Normal Supply side and Structural Reform is popular PDF and ePub book, written by Cai Fang in 2021-11-29, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, China s New Normal Supply side and Structural Reform can be Read Online from any device for your convenience.
China s New Normal Supply side and Structural Reform Book PDF Summary
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.
Detail Book of China s New Normal Supply side and Structural Reform PDF
- Author : Cai Fang
- Release : 29 November 2021
- Publisher : Routledge
- ISBN : 9781000466201
- Genre : Business & Economics
- Total Page : 218 pages
- Language : English
- PDF File Size : 15,8 Mb
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