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On the (Non-)sustainability of China’s Development Strategies1

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  • Helmut Wagner

Abstract

This article summarizes the main characteristics of the two major Chinese growth strategies since 1978, namely the Deng strategy (named after Deng Xiaoping) between 1978 and 2011 and the Xi strategy (named after Xi Jinping) since 2012. After a brief description of both strategies, it analyzes in depth whether the respective reforms of the two strategies have caused sustainable or unsustainable growth and economic development. Furthermore, it derives some implications concerning the danger of a Chinese middle-income trap and proposes some policy recommendations (also against the background of the Korean experience).

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  • Helmut Wagner, 2019. "On the (Non-)sustainability of China’s Development Strategies1," Chinese Economy, Taylor & Francis Journals, vol. 52(1), pages 1-23, January.
    • Handle: RePEc:mes:chinec:v:52:y:2019:i:1:p:1-23
    DOI: 10.1080/10971475.2019.1580822
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    Cited by:

    1. Glawe, Linda & Wagner, Helmut, 2020. "The Middle-Income Trap 2.0: The Increasing Role of Human Capital in the Age of Automation and Implications for Developing Asia," CEAMeS Discussion Paper Series 15/2018, University of Hagen, Center for East Asia Macro-economic Studies (CEAMeS), revised 2020.

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