ID | 142105 |
Title Proper | Institutional foundations of China’s unbalanced economy |
Language | ENG |
Author | Xu, Guangdong |
Summary / Abstract (Note) | China has become a fast-growing economy with an unbalanced economic structure. Economic policies, especially fiscal and financial policies, contribute to the current growth model by depressing household disposable income and reducing the social services provided by the government. Laws that have been used by the government to subsidise investment and production by distorting factor markets are also to blame. Finally, rebalancing China’s growth pattern has proven to be extremely difficult due to political obstacles, including pressure from interest groups, gridlock caused by factional politics, and ideological discrimination against private entrepreneurs. |
`In' analytical Note | Europe-Asia Studies Vol. 67, No.9; Nov 2015: p.1351-1370 |
Journal Source | Europe-Asia Studies Vol: 67 No 9 |
Key Words | Factional Politics ; Economic Policy ; Institutional Foundations ; China’s Unbalanced Economy ; Unbalanced Economic Structure |