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This chapter provides a review of China’s economic growth since 1978. Studying China’s economic success may shed new … relationship between inequality and economic growth. The chapter starts with a review of the characteristics of China’s economic … growth and compares it with those of several similar economies. Then it shows how China’s economic success has been created …
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This paper aims to contribute to the literature on growth regimes by combining an operationalization of growth regimes based on growth contributions and sectoral financial balances with an analysis of dominant social blocs (DSBs). We propose the concept of a growth strategy to bridge the...
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In recent years, some developing Asian countries claim to have started shifting emphasis from export-led to domestic-demand-led growth policies with a view to achieving a more balanced growth strategy. This paper evaluates empirically how far this shift has gone. The evaluation - based on an...
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This paper investigates China's role in creating global imbalances, and the related call for a massive renminbi … prominence widely attributed to China as a cause of global imbalances and the exclusive focus on the renminbi-dollar exchange … rate as misguided. And we emphasize that China's response to the global crisis has been exemplary. Apart from acting as a …
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