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China’s Rise and Its Implications for the Global Economy

Author

Listed:
  • Jitaru Loredana

    (“Alexandru Ioan Cuza†University of Iași)

  • Popescul Lorena Florentina

    (“Alexandru Ioan Cuza†University of Iași)

Abstract

Since 1978, the world has been witnessing China’s formidable growth at an average growthyearly rate of about 10%. Even when the world economy was affected by the global economicfinancialcrisis, China’s economy grew 9-10% per year. The objective of this study is to provide acomplex view of the Chinese economic growth and to identify the effects of this growth on theworld economy. To that effect, this paper is structured in two parts. In the first part, we analysedthe evolution of the Chinese economic growth and the drivers of this spectacular growth. In thesecond part, we identified and analysed the implications of this growth for the global economy. Toachieve our objective, we used the method of documentary research.

Suggested Citation

  • Jitaru Loredana & Popescul Lorena Florentina, 2017. "China’s Rise and Its Implications for the Global Economy," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(1), pages 46-50, June.
    • Handle: RePEc:ovi:oviste:v:xvii:y:2017:i:1:p:46-50
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    References listed on IDEAS

    as
    1. Christopher Edmonds & Sumner J. La Croix & Yao Li, 2006. "The China's Rise as an International Trading Power," Economics Study Area Working Papers 88, East-West Center, Economics Study Area.
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      More about this item

      Keywords

      China; economic growth; implications; world economy;
      All these keywords.

      JEL classification:

      • F43 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Economic Growth of Open Economies
      • F63 - International Economics - - Economic Impacts of Globalization - - - Economic Development
      • O44 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Environment and Growth

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