China's appropriate catch-up strategy
- DOI
- 10.2991/icssed-19.2019.71How to use a DOI?
- Keywords
- Comparative advantage, comprehensive catch-up, appropriate catch-up
- Abstract
The development of a country with a large developing country has a greater degree of limitations in its comparative advantage. Over-reliance on comparative advantage will cause China to fall into a "comparative advantage trap." If a comprehensive catch-up strategy is implemented, it will be oversold because of over-selling, leading to economic stagnant. In order to achieve the complementary advantages and disadvantages of the two, the appropriate catch-up strategy was proposed. This paper mainly discusses the appropriate catch-up strategy from the theoretical connotation and mechanism of action to guide China's success in crossing the “middle income trap”.
- Copyright
- © 2019, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - Yin Yifan PY - 2019/05 DA - 2019/05 TI - China's appropriate catch-up strategy BT - Proceedings of the 2019 4th International Conference on Social Sciences and Economic Development (ICSSED 2019) PB - Atlantis Press SP - 384 EP - 387 SN - 2352-5398 UR - https://doi.org/10.2991/icssed-19.2019.71 DO - 10.2991/icssed-19.2019.71 ID - Yifan2019/05 ER -