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"Besides export expansion, a growing middle class in Asia has contributed to the area's economic expansion, providing Asian countries with a window of opportunity to leap from low/middle income levels to high income levels. It may sound easy for these countries to run up the ladder of economic...
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high income economies. Evidence from China's provinces indicates that there is room to improve productivity and sustain …China's current growth model — which has delivered steady and robust growth for two decades and lifted some 500 million … continued reliance on capital accumulation, China can grow at a healthy pace and maintain its convergence toward the level of …
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high income economies. Evidence from China’s provinces indicates that there is room to improve productivity and sustain …China’s current growth model— which has delivered steady and robust growth for two decades and lifted some 500 million … continued reliance on capital accumulation, China can grow at a healthy pace and maintain its convergence toward the level of …
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The paper analyzes the recent growth dynamics in China, evaluating both cyclical positions and long-term growth … likely and needed in the near term to restore the economy to equilibrium. In the medium term, growth will slow as China moves …
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