Structural Change and Mid-Income Trap – Under which conditions can China succeed in moving towards higher income status?
After two decades of very high economic growth rates, China has now reached the so-called mid-income range or ‘trap’, i.e. a development level where it has to expect slower economic growth rates (a ‘New Normal’) for the future. Associated with that is a structural change towards tertiarization which...
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| Format: | Article |
| Language: | English |
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Università Carlo Cattaneo LIUC
2015-12-01
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| Series: | The European Journal of Comparative Economics |
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| Online Access: | http://eaces.liuc.it/18242979201502/182429792015120204.pdf |