Understanding the Pattern of Growth and Equity in the People’s Republic of China
AbstractThere are likely to be many factors which have together shaped the current pattern of growth and equity in the People’s Republic of China (PRC). Among them are the foundations laid in the pre-1978 era, especially in respect of land-related institutional reforms and social sector investments. These factors successfully complemented the subsequent export and foreign direct investment FDI promotion strategies the PRC followed in the post-1978 years. However, given the large size of the PRC, while these strategies have helped to kick-start its economic take-off, the long-run growth of the country cannot depend on it.
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Bibliographic InfoPaper provided by Asian Development Bank Institute in its series ADBI Working Papers with number 331.
Length: 28 pages
Date of creation: 08 Dec 2011
Date of revision:
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More information through EDIRC
prc; income distribution; prc growth patterns; foreign direct investment; human capital;
Find related papers by JEL classification:
- F14 - International Economics - - Trade - - - Empirical Studies of Trade
- N35 - Economic History - - Labor and Consumers, Demography, Education, Health, Welfare, Income, Wealth, Religion, and Philanthropy - - - Asia including Middle East
- O15 - Economic Development, Technological Change, and Growth - - Economic Development - - - Economic Development: Human Resources; Human Development; Income Distribution; Migration
- O53 - Economic Development, Technological Change, and Growth - - Economywide Country Studies - - - Asia including Middle East
This paper has been announced in the following NEP Reports:
- NEP-ALL-2011-12-19 (All new papers)
- NEP-DEV-2011-12-19 (Development)
- NEP-FDG-2011-12-19 (Financial Development & Growth)
- NEP-TRA-2011-12-19 (Transition Economics)
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