China's Great Convergence and Beyond

被引:16
|
作者
Storesletten, Kjetil [1 ]
Zilibotti, Fabrizio [2 ]
机构
[1] Univ Oslo, Dept Econ, NO-0317 Oslo, Norway
[2] Univ Zurich, Dept Econ, CH-8006 Zurich, Switzerland
来源
ANNUAL REVIEW OF ECONOMICS, VOL 6 | 2014年 / 6卷
基金
欧洲研究理事会;
关键词
economic reforms; foreign imbalances; innovation; middle-income trap; pension reform; savings; GROWTH; PRODUCTIVITY; MISALLOCATION; IMBALANCES; SAVINGS; PRICES; REFORM; RATES; MODEL;
D O I
10.1146/annurev-economics-080213-041050
中图分类号
F [经济];
学科分类号
02 ;
摘要
A recent wave of economic research has studied the transformation of China from a poor country in the 1970s to a middle-income economy today. Based on this literature, we discuss the factors driving China's development process. We provide a historical account of China's rise, fall, and resurgence. We then discuss the stylized facts associated with China's growth process and review a comprehensive theory of its economic transition. Finally, we discuss China's future. In particular, we review some recent studies about technological and politico-economic factors that may foster or hinder its future economic performance.
引用
收藏
页码:333 / 362
页数:30
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