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1/5
This very interesting article by Ren Zeping and colleagues notes that during China’s planned economy period, while the northern provinces experienced an economic boom in heavy industry, “a blessing can sometimes turn out to be...
https://www.caixinglobal.com/2021-01-02/weekend-long-read-why-chinas-north-south-economic-gap-keeps-getting-bigger-101645586.html
This very interesting article by Ren Zeping and colleagues notes that during China’s planned economy period, while the northern provinces experienced an economic boom in heavy industry, “a blessing can sometimes turn out to be...
https://www.caixinglobal.com/2021-01-02/weekend-long-read-why-chinas-north-south-economic-gap-keeps-getting-bigger-101645586.html
2/5
a curse. The northern economy grew to depend on capital investment and factor inputs and lacked the incentive or urgency to introduce market reforms.”
I don’t know if this is meant to be a veiled criticism of Beijing’s current approach, but the authors of...
a curse. The northern economy grew to depend on capital investment and factor inputs and lacked the incentive or urgency to introduce market reforms.”
I don’t know if this is meant to be a veiled criticism of Beijing’s current approach, but the authors of...
3/5
the article write that from 2012 to 2019 the northern share of GDP “plunged” from 42.9% to 35.4%. They also note that while the income gap between various regions had been narrowing since the late 1970s, it began to widen again after 2014. They suggest...
the article write that from 2012 to 2019 the northern share of GDP “plunged” from 42.9% to 35.4%. They also note that while the income gap between various regions had been narrowing since the late 1970s, it began to widen again after 2014. They suggest...
4/5
a number of market-oriented reforms – accelerate “free movement of land, labor, capital, technology and data” and improve the fiscal transfer system – and while I would broadly agree, it seems to me that some of these recommendations are the opposite...
a number of market-oriented reforms – accelerate “free movement of land, labor, capital, technology and data” and improve the fiscal transfer system – and while I would broadly agree, it seems to me that some of these recommendations are the opposite...
5/5
of the direction Beijing has headed in the recent past, while others are recommendations that have been made many times before but which Beijing has found difficult to implement.
of the direction Beijing has headed in the recent past, while others are recommendations that have been made many times before but which Beijing has found difficult to implement.
