China's Technological Leapfrogging and Economic Catch-up

Released on by Keun Lee
preview-18

  • China's Technological Leapfrogging and Economic Catch-up Book Detail

  • Author : Keun Lee
  • Release Date : 2021-12-14
  • Publisher : Oxford University Press
  • Genre : Business & Economics
  • Pages : 292
  • ISBN 13 : 0192663356
  • File Size : 84,84 MB
DOWNLOAD BOOK

China's Technological Leapfrogging and Economic Catch-up by Keun Lee PDF Summary

Book Description: After the miraculous economic growth known as the Beijing Consensus, China is now facing a slowdown. The attention has moved to the issue of the middle income trap. This book deals with this interesting issue in the context of China. It also discusses China's limitations and future prospects, especially after the rise of a new "cold war" between China and the US, namely the question of whether China would fall into another trap called the "Thucydides trap", or conflict with the existing hegemon as a rising power. In sum, this book plays around three key terms, namely, the Beijing Consensus, the Middle Income Trap, and the Thucydides trap, and applies a Schumpeterian approach to these concepts. It also conducts a comparative analysis that examines China from an "economic catch-up" perspective. An economic catch-up starts from learning and imitating a forerunner, but finishing the race successfully requires taking a different path along the road. This act is also known as leapfrogging, which implies a latecomer doing something different from, and often ahead of, a forerunner. Technological leapfrogging may lead to technological catch-up, which means reducing the technological gap, and then finally to economic catch-up in living standards (per capita income) and economic size (GDP: economic power). This linkage from technological leapfrogging and catch-up to economic catch-up corresponds exactly with a similar linkage from the Beijing Consensus to escaping (or not) the middle income and the Thucydides traps. One conclusion from this book is that China's successful rise as a global industrial power has been due to its strategy of technological leapfrogging, which has enabled China to move beyond the middle income trap and possibly the Thucydides trap, although at a slower speed.

Disclaimer: www.yourbookbest.com does not own China's Technological Leapfrogging and Economic Catch-up books pdf, neither created or scanned. We just provide the link that is already available on the internet, public domain and in Google Drive. If any way it violates the law or has any issues, then kindly mail us via contact us page to request the removal of the link.

The Art of Economic Catch-Up

The Art of Economic Catch-Up

File Size : 31,31 MB
Total View : 6738 Views
DOWNLOAD

A highly original book that provides policy solutions for development challenges, framing them with insightful and inventive allegories.

The Art of Economic Catch-Up

The Art of Economic Catch-Up

File Size : 72,72 MB
Total View : 6705 Views
DOWNLOAD

In his previous Schumpeter Prize-winning work, Lee analysed the 'middle-income trap', in which a developing country grows strongly only to plateau at a certain