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environmental collapse or an export collapse. The fact that China has recently declared that its most important task is to build a … because a harmonious society cannot endure in China unless there is also a harmonious world, and vice-versa. The large amount … made the international atmosphere ripe for trade protectionism; and environmental degradation has made conflict over the …
Persistent link: https://www.econbiz.de/10014206126
caught in it. The CUI shows that China became a middle-income country in 2007-2008. We see five major types of middle …-income trap that China is vulnerable to (a) fiscal stress from the nonperforming loans generated by the interaction between the … governance principles and management methods to prevent China from falling into these five types of middle-income trap …
Persistent link: https://www.econbiz.de/10013097879
While Korea remains one of the fastest-growing OECD economies, its potential growth rate per capita is projected to decelerate from around 4% during the current decade to around 2¼ per cent during the 2030s. Sustaining growth requires policies to mitigate the impact of rapid population ageing...
Persistent link: https://www.econbiz.de/10009691019
Persistent link: https://www.econbiz.de/10013436310
The relationship between per capita income and a number of pollution indicators has been found to display an inverted U-shaped or downward-sloping pattern. Corruption may affect this relationship in two distinct ways: by raising pollution at given income levels (direct effect) and by reducing...
Persistent link: https://www.econbiz.de/10011438821
Despite its unprecedented growth in output per capita in the last two decades, China has essentially followed the life … fourfold improvement in the level of per capita consumption that has occurred. As in the European countries, in China the trend … in China has fallen chiefly on the lowest socioeconomic groups. An initially highly egalitarian distribution of life …
Persistent link: https://www.econbiz.de/10009700204
neither poor nor rich in the developed world, we estimate that China's global middle class grew rapidly after 2002, reaching …
Persistent link: https://www.econbiz.de/10012870136
This paper tries to make a comparative study of poverty reduction in India and China during 1990s. This study could … observed that in both India and China the absolute poverty levels have fallen ever since the liberalization process has started …
Persistent link: https://www.econbiz.de/10014074608
From the economic literature on the relationship between economic growth and environment pioneered by Grossman and Krueger (1991) and Shafik and Bandyopadhyay (1992) we first conduct a theoretical and critical reflection on the existence of a Kuznets curve for biodiversity. It appears that...
Persistent link: https://www.econbiz.de/10011459199
In this paper we investigate the potential costs and benefits of a comprehensive green fiscal reform in Italy. Using a Computable General Equilibrium (CGE) model for the country, we simulate scenarios of progressive reduction of emissions for 13 polluting substances. It is shown that the...
Persistent link: https://www.econbiz.de/10014131430