RAS PresidiumОбщество и экономика Obshchestvo i ekonomika

  • ISSN (Print) 0207-3676
  • ISSN (Online) 3034-5987

CHINA'S FUTURE SCENARIO: WILL THE SLOWDOWN FACTORS PREVAIL?

PII
S0207-36760000437-9-1
DOI
10.7868/S60000437-9-1
Publication type
Article
Status
Published
Authors
Volume/ Edition
Volume / Issue 8-9
Pages
256-276
Abstract
In the present article the forecasts of China's upcoming development are given and it is shown why China even with all its possible future success will be unable to take the USA's place in the world system. There are given the characteristics of modern Chinese model of economic development, its merits and shortcomings are revealed. The conclusion is made that Chinese economy with all its achievements remains generally extensive and based on the involvement of excessive number of various resources and funds and with respect to the investment gain becomes more and more ineffective. The author believes that it will be impossible to reconstruct the Chinese development model and the GDP growth rates will decrease soon.
Keywords
Chinese model, East-Asian model, resource expenditure, growth limits, inflation, economic superpower, the World-System leader
Date of publication
01.09.2011
Year of publication
2011
Number of purchasers
1
Views
891

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