 Challenges for China’s Sustainable GrowthLaura Diaconu (Maxim), Cristian Constantin Popescu and Andrei Maxim Scientific Annals of Economics and Business (continues Analele Stiintifice), 2020, vol. 67, issue 1, 117 - 137 Abstract: For more than a quarter of a century, China has experienced a significant economic growth. Yet, this rapid growth has brought on many economic, social and environmental challenges, which might negatively influence the future development of the country. The objective of this paper is to analyse the Chinese economic evolution in order to determine if its growth model is sustainable over time. The research methods consisted in an investigation of the specialized literature, which helped us formulate four research hypotheses, and in a statistical analysis of secondary data, which allowed us develop four models, in order to test the hypotheses. The conclusions show that, to sustain the growth rate, China needs to increase its human capital stock, to keep the pace of attracting the foreign investments, to reduce the size of the government, to diminish the public consumption and to invest in the renewable energy, for increasing the energy efficiency. JEL Codes - Q01; I25; F21; Q56 Keywords: economic growth; education; environment; social climate; foreign investments (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:aic:saebjn:v:67:y:2020:i:1:p:117-137:n:1 Access Statistics for this article More articles in Scientific Annals of Economics and Business (continues Analele Stiintifice) from Alexandru Ioan Cuza University, Faculty of Economics and Business Administration Contact information at EDIRC. |
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