China’s Economic Growth Prospects: From Demographic Dividend to Reform Dividend

China’s Economic Growth Prospects: From Demographic Dividend to Reform Dividend

Author
Cai Fang
Publisher
Edward Elgar Pub
Language
English
Year
2016
Page
256
ISBN
1781005842,9781781005842
File Type
pdf
File Size
2.8 MiB

China has grown rapidly since the reform initiation of the 1970s. China's Economic Growth Prospects narrates the contribution of demographic transition to recent economic growth in China, and provides suggestions for ways in which it can sustain growth over the next few decades.
The expert author provides reasons for the economic slowdown since the second decade of the twenty-first century; explores the challenges facing China's long-term sustainability of growth with the disappearance of demographic dividend; and proposes policy suggestions. He concludes that, in order to avoid the middle-income trap, economic growth in China must transform from an inputs-driven pattern, to a productivity-driven pattern.
Academics, researchers and students of economics and business, particularly those specialising in China, will find this book to be a useful resource. Investment bankers, journalists, politicians and policy makers will find the discussions of past experience and the future potential of the Chinese economy to be of interest.

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