The Lewis Turning Point for Large Countries

Fang Cai ()
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Fang Cai: Chinese Academy of Social Sciences

Chapter Chapter 5 in Understanding China's Economy, 2021, pp 83-97 from Springer

Abstract: Abstract This chapter discusses the challenges posed by China’s development, as well as the features particular to a large country, such as labour supply and demand relationships that are the result of regional disparities, and also the impact of which on economic growth. The writer views the Lewis turning point as an important concept in economic development, and also as symbolic of transitions between stages. Although a small number of overseas academics have analysed the Lewis turning point to varying degrees, but China exhibits a large number of divergent phenomena owing to its large nation status.

Keywords: Lewis turning point; The Kuznets turning point; Controversy over the Lewis turning point; The flying geese paradigm; Large country economy (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-981-33-6322-9_5

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DOI: 10.1007/978-981-33-6322-9_5

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