Stage Transition of China's Economic Development and Research on "Sub-Deflation"

Author: Li Yue
Publisher:
Publish Date: 2004-06-01
Features: This book takes the mainstream development economics theories on the process and stages of economic development as its research background and foundation, uses the actual process of economic development in Western countries as an empirical reference, assumes the role of basic national conditions in constraining China's economic development process, and primarily relies on the theory of the primary stage of socialism to propose a new "three-tier theoretical framework" for socio-economic development stage analysis and the stage transformation theory of China's economic development in the primary stage of socialism. It conducts an in-depth study of China's stage transformation in economic development since 1998, particularly the insufficient aggregate demand and deflationary issues that emerged during the stage transformation process, and provides a thorough analysis of this stage of development and process for building a moderately prosperous society in all respects.