Year of Graduation
Purposes, Factors and Limitations of Transformation in Chinese Development Model
The question about duration and quality of economic growth in China is very important for analyzing prospective and opportunities of world economy development. of world economic growth during the last two decades. Hence, the slowdown of chinese economy can threaten to economic stability in whole economy. As result, academics and businessmen are interesting in understanding of economic development model in China. For achieving this aim, this paper analyzes the model of chinese economic development, its fators and limitations as well as provides research of it with Cobb-Douglas production function. Moreover, this research defines the main possible ways of model transformation and analyzes possible benefits of it for Russia.