IDEAS home Printed from https://ideas.repec.org/h/pal/palchp/978-0-230-25103-8_8.html
   My bibliography  Save this book chapter

Opportunities

In: China Counting

Author

Listed:
  • Alex Mackinnon
  • Barnaby Powell

Abstract

The global financial crisis of late 2007, 2008 and into 2009, made a dent in China’s much-vaunted export earnings and international trade surplus. But it has also provided the spur for China to encourage the growth of its domestic market and to stimulate consumer demand. In truth, this is the real focus for China. It may be first in the world for production of commodities and consumer goods, from cement to tea, but is in the bottom third of the world for income per head of population. This creates a dilemma for Western economists — is China a developed or a developing country? Which set of fanciful definitions and mathematical models can be applied to fathom Chinese progress? In short, none. China is developed along the Eastern and Southern seaboard but developing elsewhere. Western minds cannot handle mutually exclusive situations. China is too big and too diverse to fitneatly into the economic models’ premises and parametric boundaries.

Suggested Citation

  • Alex Mackinnon & Barnaby Powell, 2010. "Opportunities," Palgrave Macmillan Books, in: China Counting, chapter 0, pages 112-122, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-25103-8_8
    DOI: 10.1057/9780230251038_8
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pal:palchp:978-0-230-25103-8_8. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.palgrave.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.