The current growth of the Chinese ecomy is of immense importance for the global ecomy. This book outlines the main characteristics of Chinese ecomic growth over the last two decades, and investigates in detail the key determinants of growth, especially capital formation and productivity issues. It goes on to examine the important related questions of employment and underemployment, regional disparity, and ecomic integration, exploring in detail how far ecomic integration has taken place in south China, including the ecomies of Hong Kong and Taiwan, and how far this integration has been a determinant of ecomic growth. The book makes comparisons with other East Asian ecomies, and concludes with a consideration of the prospects for continuing growth in the twenty-first century.
Yanrui Wu is an economist specialising in development economics and applied econometrics. His research interests are the Chinese and Asian economies, economic growth and productivity analysis. He is the author of Productive Performance in Chinese Enterprises, China's Consumer Revolution and The Macroeconomics of East Asian Growth.