One Hundred Million Jobs for the Chinese Workers! Why China's Current Model of Development Is Unsustainable and How a Progressive Economic Program Can Help the Chinese Workers, the Chinese Economy, and China's Environment
AbstractThis paper argues that China's current model of development led by exports and investment is not sustainable for economic, social, and environmental reasons. The accumulation of economic, social, and environmental imbalances could potentially lead to a major crisis for China and the global economy. The paper proposes a progressive economic program that could help China move towards a more equitable and ecologically sustainable model of development.
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Bibliographic InfoArticle provided by Union for Radical Political Economics in its journal Review of Radical Political Economics.
Volume (Year): 43 (2011)
Issue (Month): 1 (March)
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Chinese economy; export-led growth; investment; sustainability; progressive economic program;
Find related papers by JEL classification:
- E60 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - General
- O53 - Economic Development, Technological Change, and Growth - - Economywide Country Studies - - - Asia including Middle East
- P30 - Economic Systems - - Socialist Institutions and Their Transitions - - - General
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