Scientific Development: Master Plan or Myth?

Mark A. Weaver

Chapter Chapter 9 in Animal Spirits with Chinese Characteristics, 2012, pp 157-172 from Palgrave Macmillan

Abstract: Abstract Beijing plans to engineer a long-term transition to a more efficient “mode of growth.” Unlike the countercyclical policies described in the previous two chapters, this transition would allow for a permanent reduction in investment volatility. There would be less wasted investment during booms and less need for central government-led busts. Investment would not only become more productive but also account for a smaller share of final demand.

Keywords: Central Government; Productivity Growth; Income Redistribution; Chinese Leadership; National People (search for similar items in EconPapers)
Date: 2012
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-11012-1_9

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DOI: 10.1057/9781137110121_9

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