For China, swift growth and structural change, while resolving many problems, have created new challenges: employment insecurity, growing inequality, stubborn poverty, mounting environmental pressures, and periods of macroeconomic instability stemming from incomplete reforms. This report argues that China has the capacity to meet these challenges and sustain rapid growth because it has relative stability, a remarkably high savings rate, a strong track...
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DETAILS
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1997/09/30
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Publication
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17087
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1
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1
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2010/07/01
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China 2020 : development challenges in the new century
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state enterprises
Citation
Nehru, Vikram; Kraay, Aart; Xiaoqing Yu.
China 2020 : development challenges in the new century (English). Washington, D.C. : The World Bank. http://documents.worldbank.org/curated/en/502041468768865165