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Title: | Will China avoid falling into the middle income trap under the new generation of leadership? |
Authors: | Lo, Kit Ying Clarice (盧潔瑩) |
Department: | Department of Asian and International Studies |
Issue Date: | 2012 |
Course: | AIS5001 Theories and Approaches in Development Studies |
Programme: | Master of Social Sciences in Development Studies |
Instructor: | Prof. Cammack, Paul |
Subjects: | China -- Economic policy -- 2000- China -- Economic conditions -- 2000- |
Description: | “Up to the present, China has relied heavily of low-productivity assembly by an ever-increasing workforce to generate high rates of growth. The potential of that strategy is coming to an end as the economy matures, the growth of the workforce begins to slow, and wages as well as living standards rise. There is a need, therefore, to transform and upgrade the economy, towards high-productivity activities and a capacity for indigenous innovation. This essay draws on a wide range of sources to assess the potential for this transition under the new leadership. It is nicely written, and shows an excellent grasp of the social, political and economic challenges China faces. Its strength is the maturity of judgement shown in reaching a balanced conclusion, in an area where much academic and journalistic commentary is marred by uncritical positive or superficial negative approaches. Overall, an excellent paper which shows an impressive ability to make sense of a complex and controversial topic.” -- Prof Paul Cammack, April, 2013 |
Citation: | Lo, K. Y. C. (2012). Will China avoid falling into the middle income trap under the new generation of leadership? (Outstanding Academic Papers by Students (OAPS)). Retrieved from City University of Hong Kong, CityU Institutional Repository. |
Appears in Collections: | OAPS - Dept. of Asian and International Studies |
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