Arbeitspapier
Is the Chinese investment- and export-led growth model sustainable? Some rising concerns
China's rapid growth and success in poverty reduction over the last three decades has inspired world-wide admiration. This paper uses a simple framework with a Kaleckian flavor to analyze structural developments in the Chinese economy, and to understand some of the distributional consequences. Some of the possible sources of these distributional developments are then further analyzed using a trade-theoretic approach. Other aspects of China's investment- and export-led growth strategy are discussed along with the problems that the focused pursuit of such a strategy has raised. We conclude that China's growth model may now have outlived its utility, both on economic and socio-political grounds.
- Language
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Englisch
- Bibliographic citation
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Series: Working Paper ; No. 2008-09
- Classification
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Wirtschaft
- Subject
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Wirtschaftswachstum
Wachstumspolitik
Exportinduziertes Wachstum
China
Kritik
- Event
-
Geistige Schöpfung
- (who)
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Razmi, Arslan
- Event
-
Veröffentlichung
- (who)
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University of Massachusetts, Department of Economics
- (where)
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Amherst, MA
- (when)
-
2008
- Handle
- Last update
-
10.03.2025, 11:42 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Razmi, Arslan
- University of Massachusetts, Department of Economics
Time of origin
- 2008
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