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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

Author

Listed:
  • Chiara Piovani

    (University of Utah, chiara.piovani@economics.utah.edu)

  • Minqi Li

    (University of Utah)

Abstract

This 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. JEL classification: E60, O53, P30

Suggested Citation

  • Chiara Piovani & Minqi Li, 2011. "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, ," Review of Radical Political Economics, Union for Radical Political Economics, vol. 43(1), pages 77-94, March.
  • Handle: RePEc:sae:reorpe:v:43:y:2011:i:1:p:77-94
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    Cited by:

    1. van Treeck, Till. & Sturn, Simon., 2012. "Income inequality as a cause of the Great Recession? : A survey of current debates," ILO Working Papers 994709343402676, International Labour Organization.

    More about this item

    Keywords

    Chinese economy; export-led growth; investment; sustainability; progressive economic program;

    JEL classification:

    • E60 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - General
    • O53 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Asia including Middle East
    • P30 - Economic Systems - - Socialist Institutions and Their Transitions - - - General

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