China¡¯s Growth Deceleration: Causes and Future Growth Prospect
Justin Lin ()
Frontiers of Economics in China-Selected Publications from Chinese Universities, 2019, vol. 14, issue 1, 26-52
Abstract:
China¡¯s growth decelerated substantially after 2010. This paper argues that the main cause for the deceleration is external and cyclical, China has a potential growth rate of 8%, the economy has good investment opportunities and resources, and China is likely to achieve a medium-high growth rate of around 6.5% in the coming years. The paper also examines the various structural reforms that can help China to release its growth potential and complete the transition to a well-functioning market economy.
Keywords: China; economic growth deceleration; causes; countermeasures; external factors; cyclical factors; structural reforms; growth potential; well- functioning; market econmy; hig-growth rate; medium-high growth (search for similar items in EconPapers)
JEL-codes: E32 F43 O38 O47 (search for similar items in EconPapers)
Date: 2019
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Citations: View citations in EconPapers (3)
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Persistent link: https://EconPapers.repec.org/RePEc:fec:journl:v:14:y:2019:i:1:p:26-52
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