Dynamics of China’s Economy: Growth, Cycles and Crises from 1949 to the Present Day

Chinese economic growth is an extraordinary phenomenon that deserves an original analysis. It is explained here from the origins of the People’s Republic to the present day. Original first, because the authors have themselves reconstructed, on the country studied, statistical databases in time series for the stock of physical capital, the stock of human capital, expenditure on research and development, and Gini income inequality index. Original then, because the methodologies used screen a very wide range of theoretical currents: neoclassical, Pickettyan, and Marxist. Original finally, because the most modern tools of statistics and econometrics are mobilized to carry out this research. This book is aimed at economists and an audience with a solid knowledge of economics.