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China, Surpassing the "Middle Income Trap"

This open access book explores one of the most fiercely debated issues in China: if and how China will surpass the middle income trap that has plagued many developing countries for years. This book gives readers a clear picture of China today and acts as a reference for other developing countries.

China is facing many setbacks and experiencing an economic slowdown in recent years due to some serious issues, and income inequality is one such issue deferring China’s development potential by creating a middle income trap. This book thoroughly investigates both the unpromising factors and favorable conditions for China to overcome the trap. It illustrates that traps may be encountered at any stage of development and argues that political stability is the prerequisite to creating a favorable environment for economic development and addressing this “middle income trap”.

Written by one of China's central planners, this book offers precious insights into the industrial policies that are transforming China and the world and will be of interest to China scholars, economists and political scientists.

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Detail Information
Series Title
-
Call Number
330.0095 ZHO c
Publisher
Singapore : Palgrave Macmillan.,
Collation
xix, 218p. : ill.
Language
English
ISBN/ISSN
9789811565403
Classification
330.0095
Content Type
-
Media Type
-
Carrier Type
-
Edition
-
Subject(s)
China
Economic history
Politics and government
Economic development
aSIA
Macroeconomics
Income
Middle class
Specific Detail Info
-
Statement of Responsibility
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