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The Chinese Economy: Transitions and Growth Barry Naughton
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China's working age to non-working age population ratio Jane Golley. One consequence of the ensuing drift in the Likewise, the Chinese system is showing the limitations of the current economic growth model that has propelled its steady rise. On the side of western-style democracy stood Minxin Pei, the director of the Keck Center for International and Strategic Studies at Claremont McKenna College and author of China's Trapped Transition: The Limits of Developmental Autocracy in which Pei examines the sustainability of the Chinese On the economic front, China's growth has been driven by investments at home and exports to developed countries—trends that are not sustainable in the long run. Not all gifts are given freely, however. Economic growth, it also requires a change in traditional modes of economic policymaking. The CCP is undergoing a pivotal once-in-a-decade power transition that will see its fifth generation of leaders set the future agenda for the second-largest economy in the world. As the world's fastest growing economy, this has amounted to a substantial gift indeed. In fact, the economy is already domestically driven, but it's being propped up by government investment spending – uncertain foundations even for a country as cash-rich as China – rather than consumers themselves. Download The Chinese Economy: Transitions and Growth. Chinese economy, Barry Naughton's book. Chinese economic policymakers will have to reduce explicit government controls and inter- vention and become more comfortable with allowing market mechanisms to guide ever larger segments of the economy. Seligman | Paperback Chinese at a Glance: Phrase Book & Dictionary. The Chinese Economy: Transitions and Growth. China is making the transition from cheap exporter to a consumer-led economy. The Chinese Economy: Transitions and Growth by Barry Naughton. While the country has maintained a political monopoly since its founding, the effects of China's rapid economic growth have triggered increasing social unrest and political destabilization that challenges the country's rise as a global power. Despite these Too gradual a transition, however, exposes the Chinese economy to the risk of a sharp correction for an undesirably long period. The government is attempting a shift away from cheap exports and towards an economy fuelled by Chinese's growing ranks of consumers. Presidential election cycle and China's once-in-a-decade leadership transition left both leaderships struggling to sustain momentum in the relationship in the face of powerful forces drawing their respective gazes inward. BARNES & NOBLE | The Chinese Economy: Transitions and Growth.