Enhancing China's Medium-Term Growth Prospects: The Path to a High-Income Economy
China's current growth model- which has delivered steady and robust growth for two decades and lifted some 500 million individuals out of poverty-has become too reliant on credit and investment, and has begun to experience diminishing returns. Delays in advancing the government's reform ag...
Gespeichert in:
| 1. Verfasser: | |
|---|---|
| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Washington, D.C
International Monetary Fund
2013
|
| Schriftenreihe: | IMF Working Papers
Working Paper No. 13/204 |
| Online-Zugang: | UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 Volltext |
| Zusammenfassung: | China's current growth model- which has delivered steady and robust growth for two decades and lifted some 500 million individuals out of poverty-has become too reliant on credit and investment, and has begun to experience diminishing returns. Delays in advancing the government's reform agenda will mean that vulnerabilities continue to grow and the probability of stalled convergence increases. On the other hand, with reforms to accelerate TFP growth and shift the economy away from its continued reliance on capital accumulation, China can grow at a healthy pace and maintain its convergence toward the level of high income economies. Evidence from China's provinces indicates that there is room to improve productivity and sustain such a convergence toward the level of more prosperous economies |
| Beschreibung: | 1 Online-Ressource (20 p) |
| ISBN: | 1484354958 9781484354957 |
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| index_date | 2024-07-03T20:13:14Z |
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| spelling | Nabar, Malhar Verfasser aut Enhancing China's Medium-Term Growth Prospects The Path to a High-Income Economy Nabar, Malhar Washington, D.C International Monetary Fund 2013 1 Online-Ressource (20 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers Working Paper No. 13/204 China's current growth model- which has delivered steady and robust growth for two decades and lifted some 500 million individuals out of poverty-has become too reliant on credit and investment, and has begun to experience diminishing returns. Delays in advancing the government's reform agenda will mean that vulnerabilities continue to grow and the probability of stalled convergence increases. On the other hand, with reforms to accelerate TFP growth and shift the economy away from its continued reliance on capital accumulation, China can grow at a healthy pace and maintain its convergence toward the level of high income economies. Evidence from China's provinces indicates that there is room to improve productivity and sustain such a convergence toward the level of more prosperous economies Online-Ausg N'Diaye, Papa M'B. P. Sonstige oth http://elibrary.imf.org/view/IMF001/20836-9781484354957/20836-9781484354957/20836-9781484354957.xml Verlag URL des Erstveröffentlichers Volltext |
| spellingShingle | Nabar, Malhar Enhancing China's Medium-Term Growth Prospects The Path to a High-Income Economy |
| title | Enhancing China's Medium-Term Growth Prospects The Path to a High-Income Economy |
| title_auth | Enhancing China's Medium-Term Growth Prospects The Path to a High-Income Economy |
| title_exact_search | Enhancing China's Medium-Term Growth Prospects The Path to a High-Income Economy |
| title_exact_search_txtP | Enhancing China's Medium-Term Growth Prospects The Path to a High-Income Economy |
| title_full | Enhancing China's Medium-Term Growth Prospects The Path to a High-Income Economy Nabar, Malhar |
| title_fullStr | Enhancing China's Medium-Term Growth Prospects The Path to a High-Income Economy Nabar, Malhar |
| title_full_unstemmed | Enhancing China's Medium-Term Growth Prospects The Path to a High-Income Economy Nabar, Malhar |
| title_short | Enhancing China's Medium-Term Growth Prospects |
| title_sort | enhancing china s medium term growth prospects the path to a high income economy |
| title_sub | The Path to a High-Income Economy |
| url | http://elibrary.imf.org/view/IMF001/20836-9781484354957/20836-9781484354957/20836-9781484354957.xml |
| work_keys_str_mv | AT nabarmalhar enhancingchinasmediumtermgrowthprospectsthepathtoahighincomeeconomy AT ndiayepapambp enhancingchinasmediumtermgrowthprospectsthepathtoahighincomeeconomy |