Slowdown in the People's Republic of China Structural Factors and Implications for Asia |
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| Editor:
| Yifu Lin, Justin
Morgan, Peter J.
Wan, Guanghua |
| ISBN: | 978-4-89974-077-3 |
| Publication Date: | Mar 2018 |
| Publisher: | Asian Development Bank
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| Book Format: | Paperback |
| List Price: | USD $37.00 |
Book Description:
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The economy of the People's Republic of China (PRC) has surged almost 10% annually since economic reforms began in 1978, ensuring the PRC's position as an engine of global growth. But by 2016 growth slowed to less than 7%. Is it a structural or cyclical slowdown? If structural, the implications for growth, trade, and investment in other Asian economies will be significant.
This book (i) explains the long-term slowdown in advanced Asian economies and what it means for...
More Description
The economy of the People's Republic of China (PRC) has surged almost 10% annually since economic reforms began in 1978, ensuring the PRC's position as an engine of global growth. But by 2016 growth slowed to less than 7%. Is it a structural or cyclical slowdown? If structural, the implications for growth, trade, and investment in other Asian economies will be significant.
This book (i) explains the long-term slowdown in advanced Asian economies and what it means for the PRC; (ii) assesses the structural factors shaping the PRC economy and how they will influence its growth over the next decade; (iii) shows how growth, trade, investment, and employment in emerging Asian economies could be impacted; and (iv) evaluates policies that could offset some of the negative factors.