Approaching a Triumphal Span: How Far Is China Towards its Lewisian Turning Point?

Fang Cai

No RP2008-09, WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER)

Abstract: With the aid of an analytical framework of the Lewis model revised to reflect the experience of China, this paper examines the country's dualistic economic development and its unique characteristics. The paper outlines the major effects of China's growth as achieved during the course of economic reform and the opening-up of the country: the exploitation of the demographic dividend, the realization of comparative advantage, the improvement of total factor productivity, and participation in economic globalization.

Keywords: Economic development; Factor proportions; Globalization; Restraint of trade; Sustainable development (search for similar items in EconPapers)
Date: 2008
New Economics Papers: this item is included in nep-cna, nep-dev and nep-tra
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Citations: View citations in EconPapers (8)

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Persistent link: https://EconPapers.repec.org/RePEc:unu:wpaper:rp2008-09

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