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China's Economic Growth Slowdown: Causes, Consequences and Policy Options

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Author Info
Harvie, C. () (University of Wollongong)
Abstract

During its reform era China has experienced, and become accustomed to, high rates of economic growth, and rapid jobs growth particularly in the rural collectives and, more recently, private enterprises. Strong fixed asset investment and consumer demand in conjunction with a strong growth of net exports, provided the foundations for this. However during the latter part of 1997, after four years of monetary austerity measures, there were worrying signs that the growth of the economy was slowing considerably, primarily from a weakening of consumer and investment demand.

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File URL: http://www.uow.edu.au/content/groups/public/@web/@commerce/@econ/documents/doc/uow012249.pdf
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Publisher Info
Paper provided by School of Economics, University of Wollongong, NSW, Australia in its series Economics Working Papers with number wp99-1.

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Length: 43 pages
Date of creation: 1999
Date of revision:
Handle: RePEc:uow:depec1:wp99-1

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Postal: School of Economics, University of Wollongong, Northfields Avenue, Wollongong NSW 2522 Australia
Phone: +612 4221-3663
Fax: +612 4221-3725
Web page: http://www.uow.edu.au/commerce/econ/
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Related research
Keywords: ECONOMIC REFORM ; ECONOMIC GROWTH;

Find related papers by JEL classification:
N15 - Economic History - - Macroeconomics and Monetary Economics; Growth and Fluctuations - - - Asia including Middle East
O53 - Economic Development, Technological Change, and Growth - - Economywide Country Studies - - - Asia including Middle East

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  1. Harvie, C., 1997. "Reforming China's State Owned Enterprises: What Can Be Learned From the Experiences of Other Economies in Transition?," Economics Working Papers wp97-1, School of Economics, University of Wollongong, NSW, Australia.
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