Arbeitspapier

Structural change, rebalancing, and the danger of a middle-income trap in China

China is currently experiencing a structural change toward tertiarization and an implied growth slowdown associated with it. The paper investigates whether this growth slowdown is merely cyclical or a negative trend, and further what China is doing or should do to avoid falling into a ``middle-income trap,'' a problem many emerging economies have experienced in recent decades. The pitfalls of the current ``soft'' rebalancing policy in China are analyzed in the context of this development.

Language
Englisch

Bibliographic citation
Series: CEAMeS Discussion Paper ; No. 13/2018

Classification
Wirtschaft
Subject
structural change
rebalancing
middle-income trap
development
China

Event
Geistige Schöpfung
(who)
Wagner, Helmut
Event
Veröffentlichung
(who)
University of Hagen, Center for East Asia Macro-economic Studies (CEAMeS)
(where)
Hagen
(when)
2018

DOI
doi:10.18445/20180712-085208-0
Handle
URN
urn:nbn:de:hbz:708-dh8663
Last update
10.03.2025, 11:42 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Wagner, Helmut
  • University of Hagen, Center for East Asia Macro-economic Studies (CEAMeS)

Time of origin

  • 2018

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