Challenges Facing the People’s Republic of China
Edited by Juhzon Zhuang, Paul Vandenberg and Yiping Huang
Chapter 7: Lessons from catch-up growth in East Asia
7. Lessons from catch-up growth in East Asia Wing Thye Woo 7.1 INTRODUCTION The People’s Republic of China (PRC) is a middle-income country, but its graduation to high-income status in the next 40 years is not a given—even though it was the fa...
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