Economic Growth Potential
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A Research On China S Economic Growth Potential
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Author : Chong-en Bai
language : en
Publisher: Routledge
Release Date : 2017-06-26
A Research On China S Economic Growth Potential written by Chong-en Bai and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-06-26 with Business & Economics categories.
After impressive growth of about 10% per annum for three decades, China's visible signs of economic slowdown since 2008 have been subject to much contention. What causes the deceleration? What should we expect in an era of China's 6% growth? This book answers these questions in three parts. Although it is widely accepted that China can hardly continue its high-speed growth model, estimations for its future growth potential differ greatly. The first part of this book predicts China's growth to 2050, which considers both cross-country historical experiences and China's own demographic structure and employment participation features. In the second part, the book offers a comprehensive estimation of China's national and provincial total factor productivity (TFP) over the period of 1978 to 2014 based on comparable data. It then analyzes the causes of China's economic slowdown from a productivity point of view. Finally, this book correspondingly outlines policy recommendations, including supply-side structural reform and macroeconomic policy frameworks, to effectively address the issue of decline in both labor and labor productivity growth. This book will attract scholars and students of economics and China's economic studies.
The Growth Potential Of The Japanese Economy
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Author : Kenneth K. Kurihara
language : en
Publisher: Johns Hopkins University Press
Release Date : 1971
The Growth Potential Of The Japanese Economy written by Kenneth K. Kurihara and has been published by Johns Hopkins University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1971 with Business & Economics categories.
Accelerating And Sustaining Growth
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Author : Mr.Arvind Virmani
language : en
Publisher: International Monetary Fund
Release Date : 2012-07-01
Accelerating And Sustaining Growth written by Mr.Arvind Virmani and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-07-01 with Business & Economics categories.
The paper reviews and draws lessons from the experience of fast growing economies including a sub-set of these termed High Growth Economies (HGEs) with a decadal rate of over 7 per cent. It then reviews the history of the Indian growth acceleration following the reforms of the 1990s and its future prospects given the recent slowdown. It analysis the potential dangers and reasons for India’s growth slowdown and proposes policy reforms for sustaining fast growth.
Trends In American Economic Growth
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Author : Edward Denison
language : en
Publisher: Brookings Institution Press
Release Date : 2011-10-01
Trends In American Economic Growth written by Edward Denison and has been published by Brookings Institution Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011-10-01 with Business & Economics categories.
The growth rate of national income has fluctuated widely in the United States since 1929. In this volume, Edward F. Denison uses the growth accounting methodology he pioneered and refined in earlier studies to track changes in the trend of output and its determinants. At every step he systematically distinguishes changes in the economy’s ability to produce—as measured by his series on potential national income—from changes in the ratio of actual output to potential output. Using data for earlier years as a backdrop, Denison focuses on the dramatic decline in the growth of potential national income that started in 1974 and was further accentuated beginning in 1980, and on the pronounced decline from business cycle to business cycle in the average ratio of actual to potential output, a slide under way since 1969. The decline in growth rates has been especially pronounced in national income per person employed and other productivity measures as growth of total output has slowed despite a sharp acceleration in growth of employment and total hours at work. Denison organizes his discussion around eight table that divide 1929-82 into three long periods (the last, 1973-82) and seven shorter periods (the most recent, 1973-79 and 1979-82). These tables provide estimates of the sources of growth for eight output measures in each period. Denison stresses that the 1973-82 period of slow growth in unfinished. He observes no improvement in the productivity trend, only a weak cyclical recovery from a 1982 low. Sources-of-growth tables isolate the contributions made to growth between “input” and “output per unit of input.” Even so, it is not possible to quantify separately the contribution of all determinants, and Denison evaluates qualitatively the effects of other developments on the productivity slowdown.
Economic Growth Potential
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Author : Mahmoud M. Al-Homssi
language : en
Publisher:
Release Date : 1962
Economic Growth Potential written by Mahmoud M. Al-Homssi and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1962 with Comparative economics categories.
Economic Growth Potential
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Author : Mahmūd al-Humsī
language : nl
Publisher:
Release Date : 1962
Economic Growth Potential written by Mahmūd al-Humsī and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1962 with Economic development categories.
China S Productivity Convergence And Growth Potential A Stocktaking And Sectoral Approach
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Author : Min Zhu
language : en
Publisher: International Monetary Fund
Release Date : 2019-11-27
China S Productivity Convergence And Growth Potential A Stocktaking And Sectoral Approach written by Min Zhu and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-11-27 with Business & Economics categories.
China’s growth potential has become a hotly debated topic as the economy has reached an income level susceptible to the “middle-income trap” and financial vulnerabilities are mounting after years of rapid credit expansion. However, the existing literature has largely focused on macro level aggregates, which are ill suited to understanding China’s significant structural transformation and its impact on economic growth. To fill the gap, this paper takes a deep dive into China’s convergence progress in 38 industrial sectors and 11 services sectors, examines past sectoral transitions, and predicts future shifts. We find that China’s productivity convergence remains at an early stage, with the industrial sector more advanced than services. Large variations exist among subsectors, with high-tech industrial sectors, in particular the ICT sector, lagging low-tech sectors. Going forward, ample room remains for further convergence, but the shrinking distance to the frontier, the structural shift from industry to services, and demographic changes will put sustained downward pressure on growth, which could slow to 5 percent by 2025 and 4 percent by 2030. Digitalization, SOE reform, and services sector opening up could be three major forces boosting future growth, while the risks of a financial crisis and a reversal in global integration in trade and technology could slow the pace of convergence.
China S Economic Growth Prospects
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Author : Cai Fang
language : en
Publisher: Edward Elgar Publishing
Release Date : 2016-01-29
China S Economic Growth Prospects written by Cai Fang and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-01-29 with Business & Economics categories.
China has grown rapidly since the reform initiation of the 1970s. China’s Economic Growth Prospects narrates the contribution of demographic transition to recent economic growth in China, and provides suggestions for ways in which it can sustain growth over the next few decades. The expert author provides reasons for the economic slowdown since the second decade of the twenty-first century; explores the challenges facing China’s long-term sustainability of growth with the disappearance of demographic dividend; and proposes policy suggestions. He concludes that, in order to avoid the middle-income trap, economic growth in China must transform from an inputs-driven pattern, to a productivity-driven pattern. Academics, researchers and students of economics and business, particularly those specialising in China, will find this book to be a useful resource. Investment bankers, journalists, politicians and policy makers will find the discussions of past experience and the future potential of the Chinese economy to be of interest.
Growing Prosperity
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Author : Barry Bluestone
language : en
Publisher: Univ of California Press
Release Date : 2001-05-25
Growing Prosperity written by Barry Bluestone and has been published by Univ of California Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2001-05-25 with Business & Economics categories.
"Growing Prosperity could well be as important in shaping our future as Keynes' General Theory. . . . A work as meticulous as it is powerful, as promising as it is persuasive."—Robert Heilbroner, author of The Worldly Philosophers "Bluestone and Harrison have alerted us to the key issue confronting America: how to achieve growth with equity. This country needs a powerful dialogue on how to continue growth while deepening its benefits to all Americans. This is the blueprint for the terms of that debate."—U.S. Representative Richard Gephardt
Economic Growth Potential And Policy
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Author : Bryan Philpott
language : en
Publisher:
Release Date : 1989
Economic Growth Potential And Policy written by Bryan Philpott and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1989 with Economic development categories.