China's Overt Economic Rise and Latent Human Capital Investment: Achieving Milestones and Competing for the Top

39 Pages Posted: 14 Oct 2010

See all articles by Amelie F. Constant

Amelie F. Constant

Princeton University; UNU-MERIT; CESifo

Bienvenue Tien

World Bank

Klaus F. Zimmermann

Global Labor Organization (GLO); UNU-MERIT; Maastricht University, Department of Economics; Free University Berlin; University of Bonn; Centre for Economic Policy Research (CEPR); Journal of Population Economics

Jingzhou Meng

affiliation not provided to SSRN

Date Written: September 2010

Abstract

We provide an overview of China's economic rise through time. Over the past decade, China has maintained 10% growth in GDP, albeit with a GDP per capita at the low level of a developing country. Its tremendous economic development has overlooked the growing social inequalities and rising resentments of the 'cheap' workers and those laid off. The main contributor to its ascension is international trade and investment in physical capital, often at the expense of the environment. The year 1978 was the landmark for the foundation of the Chinese modern higher education system. Since then the number of students enrolled in Chinese higher education institutions has increased dramatically; China is producing serious scholars and a tremendous amount of scholarly output; more and more Chinese students seek higher education abroad; and international students find a rising interest in receiving education in China.

Keywords: China, human capital, brain drain, higher education

JEL Classification: F22, J24, N35, O15, O24, O53

Suggested Citation

Constant, Amelie F. and Tien, Bienvenue and Zimmermann, Klaus F. and Meng, Jingzhou, China's Overt Economic Rise and Latent Human Capital Investment: Achieving Milestones and Competing for the Top (September 2010). DIW Berlin Discussion Paper No. 1062, Available at SSRN: https://ssrn.com/abstract=1691555 or http://dx.doi.org/10.2139/ssrn.1691555

Amelie F. Constant (Contact Author)

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Bienvenue Tien

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Klaus F. Zimmermann

Global Labor Organization (GLO) ( email )

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Keizer Karelplein 19
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Maastricht University, Department of Economics ( email )

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University of Bonn

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Journal of Population Economics

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Jingzhou Meng

affiliation not provided to SSRN ( email )

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