Structural Imbalance, Inequality and Economic Growth

dc.contributor.authorWang, Xiaolu
dc.contributor.authorZhou, Yixiao
dc.contributor.editorLigang Song
dc.contributor.editorRoss Garnaut
dc.contributor.editorCai Fang
dc.date.accessioned2015-12-10T22:30:55Z
dc.date.issued2014
dc.date.updated2020-11-22T07:36:09Z
dc.description.abstractA series of structural imbalances has persisted in the Chinese economy. The consumption rate has been declining for years and has been significantly lower than the international average, while the savings rate and the capital formation rate have been too high and continue to rise. Massive investment has caused the rapid expansion of production capacity, while consumption growth cannot keep up with the expansion of capital investment and production capacity, resulting in a sustained excess capacity. Without structural change, the Chinese economy will gradually lose momentum due to the deficiency of domestic demand.
dc.format.extent21 pages
dc.format.mimetypeapplication/pdfen_AU
dc.identifier.isbn978-1-925021769en_AU
dc.identifier.urihttp://hdl.handle.net/1885/55297
dc.language.isoen_AUen_AU
dc.publisherANU Press
dc.relation.ispartofDeepening Reform for China's Long-term Growth and Development
dc.relation.isversionof1st Editionen_AU
dc.rightsAuthor/s retain copyright
dc.sourceDeepening Reform for China's Long-term Growth and Development
dc.source.urihttp://press.anu.edu.au/wp-content/uploads/2014/07/3.-Structural-Imbalance-Inequality-and-Economic-Growth-Xiaolu-Wang-and-Yixiao-Zhou.pdfen_AU
dc.titleStructural Imbalance, Inequality and Economic Growth
dc.typeBook chapter
dcterms.accessRightsOpen Access via publisher websiteen_AU
local.bibliographicCitation.lastpage71en_AU
local.bibliographicCitation.placeofpublicationCanberra, ACT, Australiaen_AU
local.bibliographicCitation.startpage51en_AU
local.contributor.affiliationWang, Xiaolu , National Economic Research Instituteen_AU
local.contributor.affiliationZhou, Yixiao, College of Asia and the Pacific, ANUen_AU
local.contributor.authoremailu4648857@anu.edu.auen_AU
local.contributor.authoruidZhou, Yixiao, u4648857en_AU
local.description.notesImported from ARIESen_AU
local.description.refereedYesen_AU
local.identifier.absfor140202 - Economic Development and Growthen_AU
local.identifier.ariespublicationu4430637xPUB324en_AU
local.identifier.doi10.22459/DRCLTGD.07.2014.03
local.identifier.uidSubmittedByu4430637en_AU
local.publisher.urlhttp://press.anu.edu.au/en_AU
local.type.statusMetadata onlyen_AU

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