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Les limites de la croissance chinoise

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  • Mylène Gaulard

Abstract

The Chinese investment rate reaches a world record in 2008, exceeding 45% of the GDP. However, this very strong accumulation process may be extremely dangerous for the continuation of the national investment. Most of the time, the emphasis is put on the importance of overproduction : Chinese industry often works at only 50% of its production capacities, what threatens the productivity growth. Nevertheless, this evolution of productivity has to be considered overall by the yardstick of the theory of the falling rate of profit, introduced by Karl Marx in the third book of Das Kapital.

Suggested Citation

  • Mylène Gaulard, 2009. "Les limites de la croissance chinoise," Revue Tiers-Monde, Armand Colin, vol. 0(4), pages 875-893.
    • Handle: RePEc:cai:rtmarc:rtm_200_0875
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    Cited by:

    1. François Chesnais, 2014. "Fictitious capital in the context of global over-accumulation and changing international economic power relationships," Chapters, in: Riccardo Bellofiore & Giovanna Vertova (ed.), The Great Recession and the Contradictions of Contemporary Capitalism, chapter 4, pages 65-82, Edward Elgar Publishing.
    2. Mylène Gaulard, 2013. "La hausse des salaires en Chine et au Brésil depuis la crise de 2008," Post-Print halshs-01025742, HAL.
    3. Mylène Gaulard, 2014. "La burbuja inmobiliaria en China," Post-Print halshs-01086912, HAL.
    4. Mylène Gaulard, 2014. "Les dangers de la bulle immobilière chinoise," Revue Tiers-Monde, Armand Colin, vol. 0(3), pages 77-96.
    5. Celine Bonnefond, 2014. "Growth Dynamics And Conditional Convergence Among Chinese Provinces: A Panel Data Investigation Using System Gmm Estimator," Journal of Economic Development, Chung-Ang Unviersity, Department of Economics, vol. 39(4), pages 1-25, December.

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