Understanding the Stages of Economic Development

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

Chapter Chapter 1 in Understanding China's Economy, 2021, pp 3-25 from Springer

Abstract: Abstract This chapter will conduct a general demarcation of the stage of economic growth and tell how China joined the race, and how it is placed at each specified development stage, and then delineate the propositions of the key theories at each development stage, and then analyses how these proposition apply to the Chinese experience.

Keywords: Stage of economic development; The Malthusian poverty trap; The Lewis model; Middle income trap; Solow’s neo-classical growth (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_1

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DOI: 10.1007/978-981-33-6322-9_1

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