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Resurgent China: Issues for the Future

In: Resurgent China

Author

Listed:
  • Nazrul Islam

    (United Nations)

Abstract

China has been experiencing very fast economic growth for three decades now. As a result, China’s per capita income has increased almost ten-fold from $224 in 1978 to $2,055 in 2007.1 Surpassing other G-8 countries, China has become the second largest economy in the world in Purchasing Power Parity (PPP) terms, and she is already the world’s top exporter country. This fast economic growth has been associated with fundamental changes in China’s institutions. From a centrally planned economy and very egalitarian society, China has become by and large a market-based economy and an unequal society. China has also become more integrated with the rest of the world.

Suggested Citation

  • Nazrul Islam, 2009. "Resurgent China: Issues for the Future," Palgrave Macmillan Books, in: Nazrul Islam (ed.), Resurgent China, chapter 1, pages 1-51, Palgrave Macmillan.
  • Handle: RePEc:pal:palchp:978-0-230-23425-3_1
    DOI: 10.1057/9780230234253_1
    as

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    Cited by:

    1. Joshua Graff Zivin & Matthew Neidell, 2013. "Environment, Health, and Human Capital," Journal of Economic Literature, American Economic Association, vol. 51(3), pages 689-730, September.
    2. Irena Raguž Krištiæ & Ivo Družiæ & Josip Tica, 2016. "Impact of the transition on the total factor productivity in Croatia," Zbornik radova Ekonomskog fakulteta u Rijeci/Proceedings of Rijeka Faculty of Economics, University of Rijeka, Faculty of Economics and Business, vol. 34(2), pages 271-308.
    3. Moriki Ohara, 2014. "Stratified domestic demand: the “seedbed effect” on automobile firms observed from county-level sales data," Chapters, in: Mariko Watanabe (ed.), The Disintegration of Production, chapter 7, pages 179-212, Edward Elgar Publishing.
    4. Nobuhiro Okamoto & Satoshi Inomata, 2011. "To What Extent Will the Shock Be Alleviated? The Evaluation of China’s Counter-crisis Fiscal Expansion," Chapters, in: Satoshi Inomata (ed.), Asia Beyond the Global Economic Crisis, chapter 6, Edward Elgar Publishing.
    5. Anwar, Sajid & Sun, Sizhong, 2012. "Trade liberalisation, market competition and wage inequality in China's manufacturing sector," Economic Modelling, Elsevier, vol. 29(4), pages 1268-1277.
    6. RAWSKI, Thomas G., 2017. "Growth, Upgrading And Excess Cost In China’S Electric Power Sector," Discussion paper series HIAS-E-46, Hitotsubashi Institute for Advanced Study, Hitotsubashi University.

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