Middle-Income Trap: An Analysis Based on Economic Transformations and Social Governance 1st Edition

Middle-Income Trap: An Analysis Based on Economic Transformations and Social Governance 1st Edition – Ebook Instant Download/Delivery ISBN(s): 9789811574009,9789811574016,9811574006,9811574014

Product details:

• ISBN-10: 9811574014
• ISBN-13: 9789811574016
• Author:  Zhijie Zheng

This book explores the essence of the middle-income trap based on two major perspectives, namely “economic transformation” and “social transformation”. China has experienced high-speed economic growth for nearly 40 years since the adoption of the Reform and Opening policies. However, China’s economic growth has been slowing down significantly in recent years. Has China tumbled into the middle-income trap? This book reveals the essence of the middle-income trap is that a country’s economic growth is facing a “double squeeze” in the middle-income stage, while the social structure and system are unsuitable for the new social development stage, which leads to economic stagnation or recession, and the aggravation of social contradictions, that is, the double predicament of economic transformation and social transformation. This judgment is of great value for understanding the problems encountered in the current development of China.

Table contents:

1. The Concept and Essence of Middle-Income Trap
2. Types of Middle-Income Countries and Lessons Learned from Their Experience
3. Problems and Challenges China Faces in the Middle-Income Stage
4. Overcoming the Middle-Income Trap Requires Improving the Economic Governance Capability
5. Overcoming the Middle-Income Trap Requires Improvement in Capacity for Social Governance
6. Participate in Globalization and Explore China’s Development Path

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