| China＇s Macroeconomic Development： Stages and Nonlinear Convergence |
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| 作者姓名： | Pingyao Lai Senior Research Fellow Institute of World Economics & Politics Chinese Academy ofSocial Sciences Beijing China |
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| 作者单位： | Pingyao Lai Senior Research Fellow，Institute of World Economics & Politics，Chinese Academy ofSocial Sciences，Beijing，China |
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| 摘 要： | I. Introduction Since the second half of the 1990s, the Chinese economy has witnessed some unprecedented changes: a sharp increase in urban unemployment, stagnation of labor transfer from agriculture to non-agricultural sectors and serious deflation. All these changes indicate a significant departure from the previous development trajectory: sustained full employment in urban areas, rapid labor transfer from agriculture to non-agricultural sectors and persistent and significant inflation. Beg…
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| 关 键 词： | 中国经济 改革开放 东亚发展模式 中国模式 投资 劳动力 对外贸易 |
China's Macroeconomic Development: Stages and Nonlinear Convergence |
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| Pingyao Lai Senior Research Fellow,Institute of World Economics & Politics,Chinese Academy ofSocial Sciences,Beijing,China.China''s Macroeconomic Development: Stages and Nonlinear Convergence[J].China & World Economy,2006,14(1):15-29. |
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| Authors: | Pingyao Lai |
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| Institution: | Senior Research Fellow, Institute of World Economics &Politics, Chinese Academy of Social Sciences, Beijing, China. Email: . |
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| Abstract: | The central theme of this paper is that China's macroeconomic development can be divided into three distinct stages with significant trend changes. Market‐oriented reform and opening to the outside world provide main driving forces for the convergence. However, the gradual reform and some inappropriate policies have caused serious ups and downs in China's macroeconomic performance. (Edited by Zhinan Zhang) |
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| Keywords: | China macroeconomic development nonlinear convergence stages |
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