- 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