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Stable Expansion for the Chinese Economy: Lessons from International Experience

In: Asia-Pacific Transitions

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  • Lawrence R. Klein

Abstract

With some brief interruptions, economic development of China has proceeded on a remarkably steady path, ever since the time of reform, 1978. That makes the period just short of two decades, a long period of significant expansion on a world scale, yet one that has not yet come to a concluding phase of high living standards for the very large population. China is becoming an industrial nation at a high level on an international scale, but not yet in a class with the most advanced industrial nations and not yet in a mature phase of industrial development.

Suggested Citation

  • Lawrence R. Klein, 2001. "Stable Expansion for the Chinese Economy: Lessons from International Experience," Palgrave Macmillan Books, in: David E. Andersson & Jessie P. H. Poon (ed.), Asia-Pacific Transitions, chapter 12, pages 155-168, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-62845-8_12
    DOI: 10.1057/9780230628458_12
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    Cited by:

    1. Pulido San Román, Antonio & Pérez García, Julián, 2006. "Lawrence R. Klein and Applied Economics/Lawrence R. Klein y la economía aplicada," Estudios de Economia Aplicada, Estudios de Economia Aplicada, vol. 24, pages 43-94, Abril.

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