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David Daokui Li ()
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David Daokui Li: An Academic Center for Chinese Economic Practice and Thinking (ACCEPT), Tsinghua University

A chapter in Economic Lessons from China’s Forty Years of Reform and Opening-up, 2021, pp 1-7 from Springer

Abstract: Abstract Among the many significant 40 year periods in history, China’s past four decades stand out. Over this span, China’s share of global GDP has risen from 4.9% to 18.2%. In comparison, during the 40 years of British Industrial Revolution, Britain’s share of global GDP increased from 3.8% to 5.9%. During the 40 years following the American Civil War, the US share of global GDP increased from 7.9% to 17.3%.

Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-981-33-4520-1_1

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DOI: 10.1007/978-981-33-4520-1_1

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