Description
The rise of China in the world economy has been unprecedented in scale and speed, leading to questions about its stability and sustainability. Despite internal and external imbalances, rising inequality, and environmental concerns, China's growth has continued with a diminished role of the state. There is also speculation about the impact of China's rise on its relations with other countries and the existing global order. This book, based on papers presented at a conference in Beijing, aims to address these questions and the changing role of China in the global economy. It will be of interest to students and scholars of Chinese economics, business, and politics, as well as those interested in the global impact of China's development.
The remarkable rise of China over the past three decades has been unprecedented in both its scale and speed. Analysts around the world have attempted to understand the causes of this unique event and to predict how long it will last. China's rise has also raised two important questions. The first concerns the stability and the sustainability of China's growth, which has been accompanied by growing internal and external imbalances, rising inequality at home, environmental degradation and an increased risk of catastrophic climate change, and has happened in spite of the continuing, if diminished, role of the state in many sectors of the economy. The second concerns trying to guess what the effect of China's rise will be on its relations with the rest of the region, the world and the existing global order. It seems only a matter of time until China becomes the world's largest economy, and history suggests that it is unthinkable that this event would be without geopolitical consequences. The chapters in this volume draw on papers originally presented to the 34th Pacific Trade and Development Conference held in Beijing in 2010 to discuss these two big questions and China's changing role in the world economy. This book will be welcomed by students and scholars of Chinese economics, business and politics, and those interested in the pervasive impact of China's development on the global economy.
Related Products
