LEADER 03482nam 2200469 450 001 9910468250303321 005 20230823000719.0 010 $a981-15-7401-4 024 7 $a10.1007/978-981-15-7401-6 035 $a(CKB)4100000011469558 035 $a(MiAaPQ)EBC6355621 035 $a(DE-He213)978-981-15-7401-6 035 $a(EXLCZ)994100000011469558 100 $a20210219d2020 uy 0 101 0 $aeng 135 $aurnn|008mamaa 181 $ctxt$2rdacontent 182 $cc$2rdamedia 183 $acr$2rdacarrier 200 10$aMiddle-income trap $ean analysis based on economic transformations and social governance /$fZhijie Zheng 205 $a1st ed. 2020. 210 1$aSingapore :$cPalgrave Macmillan,$d[2020] 210 4$dİ2020 215 $a1 online resource (XL, 645 p. 37 illus.) 311 $a981-15-7400-6 327 $a1. The Concept and Essence of A Middle-Income Trap -- 2. Types of Middle-income Countries and Lessons Learned From Their Experience -- 3. Problems and Challenges China Faces in the Middle-Income Stage -- 4. Overcoming the Middle-Income Trap Requires Improving the Economic Governance capability -- 5. Overcoming the Middle-income Trap Requires Improvement in Capacity for Social Governance -- 6. Participate in Globalization and Explore China's Development Path. 330 $aThis book explores the essence of the middle-income trap based on two major perspectives, namely ?economic transformation? and ?social transformation?. China has experienced high-speed economic growth for nearly 40 years since the adoption of the Reform and Opening policies. However, China?s economic growth has been slowing down significantly in recent years. Has China tumbled into the middle-income trap? This book reveals the essence of the middle-income trap is that a country's economic growth is facing a "double squeeze" in the middle-income stage, while the social structure and system are unsuitable for the new social development stage, which leads to economic stagnation or recession, and the aggravation of social contradictions, that is, the double predicament of economic transformation and social transformation. This judgment is of great value for understanding the problems encountered in the current development of China. Zhijie Zheng, PhD in Economics, is Vice Chairman and President of the China Development Bank (CDB). Previously, he served as Executive Vice President and Executive Director of CDB, President of China Jianyin Investment Co. Ltd. and Vice President of China Construction Bank. In 1999 he received the special government allowances issued by the State Council. His major works are: Legal Problems and Practices of ?Going out' and A Closer Look at Global Quantitative Easing. Many of his academic papers and policy reviews have been published in major newspapers and highly ranked journals including Economic Research Journal?People?s Daily, Economic Daily, Study Times, and China Finance. 606 $aEconomic development$zChina$xHistory 606 $aIncome$zChina$xHistory$y21st century 606 $aStagnation (Economics) 615 0$aEconomic development$xHistory. 615 0$aIncome$xHistory 615 0$aStagnation (Economics) 676 $a338.951 700 $aZheng$b Zhijie$0942299 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910468250303321 996 $aMiddle-income trap$92126335 997 $aUNINA