Repositioning the Chinese economy on the global economic stage |
| |
Authors: | Dilip K Das |
| |
Institution: | (1) Department of Economics, School of Business, Conestoga College, Suite 304, 435 Wilson Avenue, Kitchener, ON, N2C 2R9, Canada |
| |
Abstract: | A tectonic shift in the global economic prowess became obvious around the turn of the last century. Three decades of macroeconomic
reforms, sustained growth and global integration have turned China into a future economic power of global magnitude, with
unmatched breadth of resources and a robust manufacturing sector. Significance of the Chinese economy has radically increased
and it has traversed from the periphery of the global economy to the core. For all appearances, this progress is likely to
continue in the foreseeable future. China has grown to be the fourth largest economy in the world in a short time span and
the third largest trader. Events like dawning of an economic superpower occur once in several generations. China is endeavoring
to make a new niche for itself in the global economy as well as formulate a new role.
|
| |
Keywords: | Chinese economy Macroeconomic reforms Global economy Dislocation |
本文献已被 SpringerLink 等数据库收录! |
|