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.
- Sprache
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Englisch
- Erschienen in
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Series: CEAMeS Discussion Paper ; No. 13/2018
- Klassifikation
-
Wirtschaft
- Thema
-
structural change
rebalancing
middle-income trap
development
China
- Ereignis
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Geistige Schöpfung
- (wer)
-
Wagner, Helmut
- Ereignis
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Veröffentlichung
- (wer)
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University of Hagen, Center for East Asia Macro-economic Studies (CEAMeS)
- (wo)
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Hagen
- (wann)
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2018
- DOI
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doi:10.18445/20180712-085208-0
- Handle
- URN
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urn:nbn:de:hbz:708-dh8663
- Letzte Aktualisierung
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10.03.2025, 11:42 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Wagner, Helmut
- University of Hagen, Center for East Asia Macro-economic Studies (CEAMeS)
Entstanden
- 2018