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The Strategic Logic of China’s Economy

Millennial Pathways, Mega-strategy and the World in 2100
ISBN:
978-3-03-147228-2
Auflage:
1st ed. 2024
Verlag:
Springer, Springer International Publishing
Land des Verlags:
Schweiz
Erscheinungsdatum:
15.02.2024
Autoren:
Reihe:
Contributions to Economics
Format:
Hardcover
Seitenanzahl:
318
Ladenpreis
131,99EUR (inkl. MwSt. zzgl. Versand)
Lieferung in 5-10 Werktagen Versandkostenfrei ab 40 Euro in Österreich

This book reviews China’s strategic pathway over the last 1000 years and considers its prospects for ascending to high-income status by the end of the 21st century. It analyzes why, although China’s chances of joining the global core are sound, they are not outstanding; in addition, it faces mounting challenges, internal and external alike. The argument is presented in the framework of dynamic-strategy theory, which is expounded here in novel form. This exposition includes a wide ranging survey of global history, with a focus on the development of the industrialisation paths of the major economies of today, including a detailed study of Japan's long-run strategic pathway.

The book’s closing section presents a scenario-based discussion of China’s potential place in the world in 2100. The analysis implies that China’s zenith is likely to be reached slightly before mid-century, after which its relative economic scale will likely decline. Beyond that generalfinding, the scenarios investigate the wide range of plausible outcomes that China may experience: a range that the author contends is much wider for China than for nations under-pinned by less complex political-economies.  Given its scope, the book will appeal to scholars of history, economics, geopolitics and sinology, and to anyone interested in learning about China’s economic prospects at a time of increasingly heated ideological and empirical debates.

Biografische Anmerkung
Huw McKay is an economist and historian who has practised as a professional forecaster for more than 20 years across the public, private and academic sectors. He has published on a wide range of issues, including economic development strategies, long run resource demand, international trade and finance, macro-financial dynamics and geopolitics. He has a PhD from the Australian National University.