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The sustainability and some consequences of Chinese economic growth

Garnaut, Ross

Description

During the past 27 years, China's economy and relationship with the outside world has been transformed. The magnitude of annual economic growth and rapid increase in the volume of output of goods and services raise unsettling questions about potential threats to the sustainability of current growth levels and implications for economic and political stability. This paper examines the sources of economic growth and concludes the strong state system, high rates of saving and investment and...[Show more]

dc.contributor.authorGarnaut, Ross
dc.date.accessioned2015-12-13T22:57:50Z
dc.identifier.issn1035-7718
dc.identifier.urihttp://hdl.handle.net/1885/83163
dc.description.abstractDuring the past 27 years, China's economy and relationship with the outside world has been transformed. The magnitude of annual economic growth and rapid increase in the volume of output of goods and services raise unsettling questions about potential threats to the sustainability of current growth levels and implications for economic and political stability. This paper examines the sources of economic growth and concludes the strong state system, high rates of saving and investment and demographic structure will sustain growth. Chinese authorities must be aware that a failure to maintain the process of financial and political institutional reform or to address the widening regional income inequalities poses potential domestic threats to sustainable growth. Tensions remain in China's international relationships, forcing China to consider further adjustment and accommodation in its regional security and economic relationships.
dc.publisherCarfax Publishing, Taylor & Francis Group
dc.sourceAustralian Journal of International Affairs
dc.subjectKeywords: economic growth; international relations; sustainability; Asia; China; Eurasia; Far East
dc.titleThe sustainability and some consequences of Chinese economic growth
dc.typeJournal article
local.description.notesImported from ARIES
local.description.refereedYes
local.identifier.citationvolume59
dc.date.issued2005
local.identifier.absfor140202 - Economic Development and Growth
local.identifier.ariespublicationMigratedxPub11373
local.type.statusPublished Version
local.contributor.affiliationGarnaut, Ross, College of Asia and the Pacific, ANU
local.description.embargo2037-12-31
local.bibliographicCitation.issue4
local.bibliographicCitation.startpage509
local.bibliographicCitation.lastpage518
local.identifier.doi10.1080/10357710500367307
dc.date.updated2015-12-12T07:19:10Z
local.identifier.scopusID2-s2.0-32144448661
CollectionsANU Research Publications

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