Understanding China’s Development

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

Chapter Chapter 3 in Understanding China's Economy, 2021, pp 45-65 from Springer

Abstract: Abstract This chapter expands on why economic development, and especially China’s economic development, requires research, through a discussion between an economic researcher and the normal reader. Starting with the goal of theoretical innovation, we discuss why we need critical mindsets, or other types of mindsets, to research economic development. We then enumerate a few key positive and counter examples from a methodological perspective, to serve as examples in the critical research on economic development. In addition, this brief introduction can serve as a starting point for overviews of several key stylised facts pertaining to economic development that were born of theoretical research and economic history. Finally this chapter discusses how to understand the problems that result from a falling economic growth rate and the drop in China’s growth rate.

Keywords: The riddle of China’s development; Research mindset; Stylised facts about economic growth; Deceleration of Chinese 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_3

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DOI: 10.1007/978-981-33-6322-9_3

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