China’s Reform to Overleap the Middle-Income Trap

China’s Reform to Overleap the Middle-Income Trap
Author :
Publisher : Springer
Total Pages : 270
Release :
ISBN-10 : 9789811392221
ISBN-13 : 9811392226
Rating : 4/5 (226 Downloads)

Book Synopsis China’s Reform to Overleap the Middle-Income Trap by : Yining Li

Download or read book China’s Reform to Overleap the Middle-Income Trap written by Yining Li and published by Springer. This book was released on 2019-07-13 with total page 270 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book addresses how China could avoid the middle-income trap. Professor Li Yining proposed the framework and wrote the first article. Under Li’s guidance, other articles were written by researchers at the Guanghua School of Management, Peking University. It is well known that China's reform has been highly successful, but there are still many unsolved institutional problems. The book’s authors suggest that the middle-income trap is composed of three traps. Firstly, there is the “development system trap”. Secondly, the “social crisis trap ” and finally, the “technology trap”. In order to avoid these traps, it is important for China to intensify its economic reform, to lessen the gap between the rich and poor, and to enhance innovations in technology as well as the capital market.This book uses both theoretical and case studies to discuss agricultural modernization, new urbanization, the urban-rural gap, income growth, community management, pastoral areas of medicine and the newly-industrializing economy, etc.


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