Macroeconomics CEAN Economic growth, inflation unemployment in China over a long run by Alexander,韩优丽,Ea,李翔,陈思哲
MacroeconomicsLOGO Economic growth, inflation & unemployment in China over a long run by Alexander, 韩优丽， Elsa, 李翔，陈思哲
In 1978, after years of state control of all productive assets the government of China embarked on a major program of economic reform Pre-1978, annual growth rate: less than 6%& with painful ups and downs Post-1978, annual growth rate: more than 9 and quite stable Why??
In 1978, after years of state control of all productive assets the government government of China embarked embarked on a major program of economic reform. Pre‐1978, annual growth rate: less than 6% & with painful ups and downs. Post‐1978, annual growth rate: more than 9 % and quite stable Why??
t GDP rowth
GDP(O1billion RMB) 250000 200000 150000 GDP(O 1billion RMB) 100000 图虽图区8器国图 Data source: <Chinas financial reform> by Wang Guangqian
Data source: <China’s financial reform> by Wang Guangqian
GDP growth rate and total GDP 8 3"GDP growth rate Totol GDP(t S 0 2003200420052006200720082009 Data source: Wikipedia
GDP growth rate and total GDP 14 6 4 5 10 12 3 6 8 GDP growth rate Ttl GDP(t $) 2 4 6 T otol GDP(t $) 0 1 0 2 2003 2004 2005 2006 2007 2008 2009 Data source: Wikipedia