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Sources of Chinese Economic Growth, 1978-1996$
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Chris Bramall

Print publication date: 2000

Print ISBN-13: 9780198296973

Published to Oxford Scholarship Online: November 2003

DOI: 10.1093/0198296975.001.0001

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The Process of Economic Growth

The Process of Economic Growth

Chapter:
(p.12) 2 The Process of Economic Growth
Source:
Sources of Chinese Economic Growth, 1978-1996
Author(s):

Chris Bramall (Contributor Webpage)

Publisher:
Oxford University Press
DOI:10.1093/0198296975.003.0002

The pace and pattern of post‐1978 Chinese economic growth is described in this chapter. It notes that the official data somewhat overstate the rate of growth but even revisions leave us with the conclusion that it was unparalleled by Chinese historical standards and on a par with the post‐war growth rates achieved by Japan, Taiwan, and South Korea. In the early years of transition, growth depended upon rising agricultural output (though the surge in farm production was rather less dramatic than many have claimed), but as the 1980s wore on, Chinese industry assumed centre stage, especially those industries set up in rural areas by local government. The fourth characteristic of Chinese growth was that it occurred across the People's Republic. By looking at growth rates in four very different Chinese regions, the chapter shows that growth was faster in the eastern provinces, but also that even poor parts of western China enjoyed growth rates that allowed a sharp fall in the incidence of absolute poverty.

Keywords:   agriculture, data, growth, industry, poverty, rural

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