On the New Economic Policies Promoted by the 17th CCP Congress in China
University of Nottingham
Stephen L. Morgan
University of Nottingham - School of Contemporary Chinese Studies; University of Nottingham Ningbo China, Faculty of Social Sciences; University of Melbourne - School of Historical Studies
December 20, 2009
The World Economy, Vol. 31, No. 9, pp. 1129-1153, 2008
In late 2007, the Chinese Communist Party's 17th Congress outlined a programme of eight key economic policies to address future economic development in China. These policies emphasized 'building a harmonious society' using a 'scientific approach'. The paper assesses whether these policies are likely to help China achieve its target of quadrupling per capita GDP by 2020, while stemming the rise of inequality, finding sustainable alternatives to contemporary energy use, and solving various problems in governance, including the quality of party leadership and pervasive corruption.
Keywords: China, Economic reform, Economic development, Economic policy
JEL Classification: H11, O53, P21, P3Accepted Paper Series
Date posted: December 22, 2009
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