41. China's Economic Prospects 2006-2020
- Author:
- Sandra Polaski, Jianwu He, and Li Shantong
- Publication Date:
- 04-2007
- Content Type:
- Working Paper
- Institution:
- Carnegie Endowment for International Peace
- Abstract:
- China's economic growth during the past twenty-five years has been remarkable, averaging more than 9 percent a year. While there have been earlier episodes of comparable growth rates in countries such as Japan and South Korea, there is no precedent for such rapid growth in a country the size of China, whose population of 1.3 billion is thirteen times that of Japan when that nation began its rapid growth. The impact on the rest of the world of economic dynamism on this scale is already being felt. If China continues its rapid growth in the coming decades, it will take the global economy into uncharted terrain.
- Topic:
- Demographics, Development, and Economics
- Political Geography:
- Japan, China, Asia, and South Korea