Domestic General Development of the People’s Republic of China: An Interregional Comparative Analysis

EMERGING TRADING NATION IN AN INTEGRATING WORLD – GLOBAL IMPACTS AND DOMESTIC CHALLENGES OF CHINA’S ECONOMIC REFORM, Émile Kok-Kheng Yeoh, Evelyn Devadason, eds., Institute of China Studies, 2007

Posted: 27 May 2011

See all articles by Mario Arturo Ruiz Estrada

Mario Arturo Ruiz Estrada

University of Malaya (UM) - Faculty of Economics & Administration (FEA)

Emile Kok Kheng Yeoh

University of Malaya (UM) - Faculty of Economics & Administration (FEA)

Date Written: May 23, 2011

Abstract

Rapid economic growth and expanding trade of the People’s Republic of China is not a purely economic phenomenon but a multidimensional one. This chapter evaluates the prospects of Eastern China (coastal) and Western China (inland) from a multidimensional perspective encompassing the political, social, economic and technological dimensions. To do so, this chapter introduces a new analytical model – the Domestic General Development (DGD) Model which is based on the General Dimension of Regional Integration (GDRI) Model by Ruiz (2004a). The DGD-Model is based on the application of a group of new indicators and graphs. These new indices and graphs are designed to show the evolution and stages of the development process of any country from a general perspective.The DGD-Model is not intended to be used as a forecasting model in any case. However, its application is not limited to the study of a special group of countries. It is not constrained by issues about the region or countries that are interested in applying the DGD-Model (see Ruiz, 2004a). The difference between the DGD-Model and other analytical models, such as the human development index is that DGD-Model presents a general understanding in the study of development process from the economic, political, social and technological perspectives simultaneously. The objective of the DGD-Model is to offer policy-makers and researchers a new alternative analytical toolbox for studying the results achieved for any country in its development process. Our main finding is that there exists a wide and growing gap between the two Chinas (Eastern and Western China) in terms of political, social, economic and technological development as well as overall development.

Keywords: Chinese Economy, China Development, Income Distribution

JEL Classification: F15

Suggested Citation

Ruiz Estrada, Mario Arturo and Yeoh, Emile Kok Kheng, Domestic General Development of the People’s Republic of China: An Interregional Comparative Analysis (May 23, 2011). EMERGING TRADING NATION IN AN INTEGRATING WORLD – GLOBAL IMPACTS AND DOMESTIC CHALLENGES OF CHINA’S ECONOMIC REFORM, Émile Kok-Kheng Yeoh, Evelyn Devadason, eds., Institute of China Studies, 2007. Available at SSRN: https://ssrn.com/abstract=1851064

Mario Arturo Ruiz Estrada (Contact Author)

University of Malaya (UM) - Faculty of Economics & Administration (FEA) ( email )

Kuala Lumpur, 50603
Malaysia
+60126850293 (Phone)

HOME PAGE: http://ssrc.um.edu.my/

Emile Kok Kheng Yeoh

University of Malaya (UM) - Faculty of Economics & Administration (FEA) ( email )

University of Malaya
Kuala Lumpur, Wilayah Persekutuan 50603
Malaysia

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