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Growing Beyond the Low-Cost Advantage

Growing Beyond the Low-Cost Advantage
Автор: Yiping Huang
Дата написания:
Издательство: Ingram
ISBN: 9789290928836
Цена: 441.89 Руб.
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The economic success of the People's Republic of China (PRC) over the last three decades has brought with it new challenges. With a per capita gross national income of $4,930 in 2011, the PRC has just passed the threshold of upper-middle-income status and it still has a long way to go before becoming a high-income country. But with rising wages and population aging, growth will have to be increasingly driven by productivity improvement through innovation and industrial upgrading–the PRC needs to move from a lowcost to a high-value economy. Moreover, rapid growth has exposed several structural problems, in particular, economic imbalances, rising inequality, resource constraints, and environmental degradation. If not addressed, these problems could hinder PRC's efforts in moving toward a high-value economy and increase the risk of getting caught in what is increasingly known as the «middle-income trap.»

Гениальная мысль: Большинство произведений, написанных в наше время, наводит на мысль, что они были склеены за один день из книг, прочитанных накануне. (Никола Себастиан Шамфор)

Отличная шутка: Хотел провести анализ своего финансового состояния по-научному, применяя математику. Но бесконечно малые — не самая сильная сторона моих знаний.