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China's Innovation Challenge

Name: China's Innovation Challenge
Brand: Cambridge University Press
SKU: 02831644
Price: 52144 HUF
Availability: InStock
Author: Arie Y. Lewin
ISBN: 9781107127128

Overcoming the Middle-Income Trap

Arie Y. Lewin

Martin Kenney

Johann Peter Murmann

Language

English

Book Hardback

Libristo code: 02831644

Publishers Cambridge University Press, April 2016

The miracle growth of the Chinese economy has decreased from a compound annual growth rate of 10% to... Full description

Libristo code: 02831644

347 b

52 144 Ft

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The miracle growth of the Chinese economy has decreased from a compound annual growth rate of 10% to less than 7% in 2015. The two engines of growth - export on a scale never before witnessed and massive infrastructure investments - are reaching the point of diminishing returns. This poses the central question which is explored in this book - can China escape the middle-income trap? Assuming current political arrangements remain unchanged and that it does not or cannot adopt Western sociopolitical economic regimes, can China develop an indigenous growth model centered on innovation? This compilation gathers leading Chinese and other international scholars to consider the daunting challenges and complexities of building an innovation-driven Chinese growth model. Providing several comprehensive perspectives, it examines key areas such as the institutional system, technology, sociocultural forces and national policy. The analyses and their conclusions range from strong optimism to deep pessimism about China's future.