Sustainability of China's Growth Model: A Productivity Perspective

2016 ◽  
Vol 24 (5) ◽  
pp. 42-70 ◽  
Author(s):  
Harry X. Wu
Keyword(s):  
Growth Model ◽  
China’S Growth

The High Profitability of Big Chinese State-Owned Banks and China’s Growth Model

2016 ◽  
Vol 33 (1-2) ◽  
pp. 121-134 ◽  
Author(s):  
Marie Luise Funke ◽  
Helena Xiang Li ◽  
Horst Löchel
Keyword(s):  
Growth Model ◽  
Chinese State ◽  
China’S Growth

The Renminbi Exchange Rate Reform and the Rebalancing of China’s Growth Model

2015 ◽  
Vol 3 (2) ◽  
pp. 144-169 ◽  
Author(s):  
Jianbo Song ◽  
Sean Mackinnon ◽  
Songtao Tan
Keyword(s):  
Exchange Rate ◽  
Growth Model ◽  
China’S Growth

China’s Real Capital Crisis

2014 ◽  
Vol 14 (2) ◽  
pp. 235-248
Author(s):  
Mark J. Purdy ◽  
Jing Qiu
Keyword(s):  
Growth Model ◽  
Growth Rates ◽  
Household Consumption ◽  
Export Markets ◽  
Balanced Growth ◽  
Fixed Assets ◽  
Investment In Fixed Assets ◽  
The Right ◽  
China’S Growth ◽  
China’S Economy

Investment in fixed assets – roads, buildings, machinery and other infrastructures – has powered China’s economy for the last two decades. It has driven success in manufacturing export markets and has transformed the physical face of China. At the same time, many commentators worry that China’s growth model relies too heavily on increasingly inefficient investments and that, as a result, its economy has become unbalanced. To sustain growth rates of 8% or higher, they argue, China must shift its economy toward consumption-led growth. While seemingly compelling, the conventional overinvestment story is misleading in certain respects. Our research shows that on some measures China may need more capital, not less. However, the key issue facing China is the distribution of capital and how it is used. In fact, investments in the right areas can stimulate household consumption and provide an entirely new source of balanced growth.

Sign in / Sign up

Export Citation Format

Share Document