China's innovation challenge overcoming the middle-income trap
"The miracle growth of the Chinese economy has decreased from a compound annual growth rate of 10% to less than 7% in 2015. The two engines of growth - export on a scale never before witnessed and massive infrastructure investments - are reaching the point of diminishing returns. This poses the...
| Otros Autores: | , , |
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| Formato: | Libro electrónico |
| Idioma: | Inglés |
| Publicado: |
Cambridge, United Kingdom :
Cambridge University Press
2016.
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| Colección: | CUP ebooks.
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| Acceso en línea: | Conectar con la versión electrónica |
| Ver en Universidad de Navarra: | https://innopac.unav.es/record=b39818925*spi |
| Sumario: | "The miracle growth of the Chinese economy has decreased from a compound annual growth rate of 10% to less than 7% in 2015. The two engines of growth - export on a scale never before witnessed and massive infrastructure investments - are reaching the point of diminishing returns. This poses the central question which is explored in this book - can China escape the middle-income trap? Assuming current political arrangements remain unchanged and that it does not or cannot adopt Western sociopolitical economic regimes, can China develop an indigenous growth model centered on innovation? This compilation gathers leading Chinese and other international scholars to consider the daunting challenges and complexities of building an innovation-driven Chinese growth model. Providing several comprehensive perspectives, it examines key areas such as the institutional system, technology, sociocultural forces and national policy. The analyses and their conclusions range from strong optimism to deep pessimism about China's future"-- "Over the past four decades, China has evolved from being largely isolated and irrelevant to the world economy to having the world's second-largest economy, and it is widely expected to have the largest economy in the near future. In the process, China went from having a largely agricultural economy, with over 80 percent of population in the countryside, to a major industrial economy, with less than 30 percent of population working in agriculture. Without repeating well-known historical details, the economic liberalization that began in 1978 was accompanied by a national policy that created surplus labor in the rural economy and unleashed a migration to the free-trade economic zones, which became hubs of low- cost, labor-intensive manufacturing for exports"-- |
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| Descripción Física: | 1 recurso electrónico |
| Formato: | Forma de acceso: World Wide Web. |
| Bibliografía: | Incluye referencias bibliográficas (p. 426-468) e índice. |
| ISBN: | 9781316422267 |
