1. Economic Realities.
- Author
-
Dernberger, Robert F.
- Subjects
ECONOMIC indicators ,ECONOMIC conditions in China -- 1949-1976 ,POPULATION & economics ,AGRICULTURAL development ,INCOME & employment theory ,EFFECT of inflation on income ,INTERNATIONAL economic assistance ,ECONOMIC activity ,ECONOMIC development - Abstract
The article focuses on the major economic realities in contemporary China that have affected its aim to achieve a sustained economic growth. It discusses the great effects of the country's large population and growth rate, its limited amount of agricultural land and low level out put per capita, the low rate of voluntary savings and capital accumulation, and the low level of technical ability and dependence on foreign assistance on the country's economy. Furthermore, it provides information on the various ways considered by Chinese Communists in resolving these economic problems.
- Published
- 1966
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