The Future is in the Past: Projecting and Plotting the Potential Rate of Growth and Trajectory of the Structural Change of the Chinese Economy for the Next 20 Years

2015 ◽  
Vol 23 (1) ◽  
pp. 21-46 ◽  
Author(s):  
Jun Zhang ◽  
Liheng Xu ◽  
Fang Liu
2020 ◽  
Vol 2020 (3) ◽  
pp. 5-23
Author(s):  
Grzegorz W. Kolodko ◽  

The huge leap made by the Chinese economy over the past four decades as a result of market reforms and openness to the world is causing fear in some and anxiety in others. Questions arise as to whether China’s economic success is solid and whether economic growth will be followed by political expansion. China makes extensive use of globalization and is therefore interested in continuing it. At the same time, China wants to give it new features and specific Chinese characteristics. This is met with reluctance by the current global hegemon, the United States, all the more so as there are fears that China may promote its original political and economic system, "cynicism", abroad. However, the world is still big enough to accommodate us all. Potentially, not necessarily. For this to happen, we need the right policies, which in the future must also include better coordination at the supranational level.


2006 ◽  
Vol 45 (4II) ◽  
pp. 797-817
Author(s):  
Toseef Azid ◽  
Naeem Khaliq ◽  
Muhammad Jamil

Development of overall economy of any country largely depends upon the characteristics of different prominent sectors such as agriculture, industry, services, etc. Sharp structural change in prominent sectors are experienced by the Pakistan’s economy during the last four decades, in which industrial and service sector have exhibited an extra ordinary rate of growth, while the agricultural sector did not shown that rate of growth which was experienced during the time of green revolution. Due to these structural changes in the prominent sectors volatility of growth rate has been experienced by the economy. To the extent that most of the recent volatility in growth rate of GDP can be attributed to the increasing share of the some volatility of the some prominent sectors, the analysis of their volatility can be useful in providing some enlightenment on the factors behind this phenomenon and its implications for the formulation of the policy in the future.


1937 ◽  
Vol 68 (3) ◽  
pp. 323-368 ◽  
Author(s):  
F. J. C. Honey

(1) In a paper read before the Institute in November 1933 (J.I.A. Vol. LXV, p. 38), Mr C. D. Rich showed how to calculate the inherent rate of growth of a population by combining in a single index the current data regarding mortality and fertility. Valuable though this index is in showing the true underlying trend at a particular point of time, it cannot be adapted (nor is it intended) to show the actual future populations at any particular time.(2) It is the purpose of the present paper to make estimates of the population of Great Britain, according to age and sex, for certain future years, and in order to do this an attempt is made to forecast the probable future course of mortality and fertility in Great Britain, in the light of the experience of the past, and such indications as there may be regarding the factors which will influence the future.


Author(s):  
Ana Salvador Chamorro

<p>El proceso de reforma económica que ha experimentado la economía de China es uno de los fenómenos de mayor relevancia en la evolución de la Economía Mundial en los últimos treinta años y, sin duda, seguirá siéndolo en el futuro. Dentro de este proceso, la apertura al exterior, que el gobierno chino inició en 1978, ha situado al país en un lugar de máxima relevancia dentro de los flujos comerciales y financieros internacionales. En este contexto, el objetivo de este trabajo es intentar realizar un análisis general de la evolución del comercio exterior de China en las últimas décadas, prestando especial atención a sus exportaciones de bienes y poniendo énfasis en los cambios experimentados durante los últimos años.</p><p>The process of economic reform that has experienced the Chinese economy is one of the most important events in the evolution of the World Economy in the past 30 years, and will undoubtedly remain so in the future. Within this economic reform, the opening process that the Chinese Government began in 1978, has put the country in a place of utmost importance in the international trade and financial flows. In this context, this paper try to perform an analysis of the evolution of China's foreign trade in recent decades, with particular attention to its exports and emphasizing the changes in recent years</p>


2020 ◽  
Vol 53 (4) ◽  
pp. 260-279
Author(s):  
Grzegorz W. Kolodko

The huge leap forward made by the Chinese economy over the past four decades as a result of market reforms and openness to the world is awe-inspiring for some and anxiety-inducing for others. Questions arise as to whether the foundations of Chinese economic success are sustainable and whether economic growth will be followed by political expansion. China makes great use of globalization and is therefore interested in its continuation. At the same time, it wants to give globalization new features, specific Chinese characteristics. This is met with the reluctance of the current global hegemon, the United States, even more so as fears arise that China may promote abroad its original political and economic system—Chinism. However, the world is still big enough to accommodate all of our systems. Potentially, not necessarily. What we need to make it happen is a proper policy, which, in the future, must also involve its better coordination at a supranational level.


1980 ◽  
Vol 25 (3) ◽  
pp. 230-231
Author(s):  
MARCEL KINSBOURNE
Keyword(s):  
The Past ◽  

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