National Conditions and Development Five Capital Dynamics Changes in China (1980-2003) and Long-Term Development Strategy

Author: Hu Angang, Wang Yhua (authors)
Publisher:
Publish Date: 2005-08-01
Features: Based on the new development framework for growth quality proposed by the World Bank in 2000, this book presents a comprehensive analysis framework of five capitals, using it to analyze five key types of resources that affect China's long-term economic growth and national welfare: physical capital, international capital, human capital, natural capital, and knowledge capital. By understanding the evolution process and characteristics of these five types of capital, the book provides an overall grasp of the basic features of the national conditions and their interrelationships from historical trends and international comparisons. To this end, the book examines comprehensively national strength, economic conditions, open conditions, human resource conditions, natural resource and environmental conditions, and knowledge resource conditions, analyzing the opportunities and challenges faced by each national condition system, quantitatively calculating the dynamic changes of the five capitals, and proposing four strategies aimed at maintaining and enhancing the five capitals and addressing major development challenges.