Directed social economics : China's complicated growth story

Jakhotiya, Girish (2019): Directed social economics : China's complicated growth story.

Abstract

The entire globe has, in varying measures, experienced the good and the bad impact of China’s growth story this past decade. China is hastening to project itself such that, it be viewed as the ‘global growth engine’. Whether duly or unduly, like secretly many a country would want to, China is rushing all out to replace USA from the foray and become the sole unparalleled global leader. The Chinese have already compromised with Russia, by signing a long-term contract for oil supply. China’s economic numbers and the trend displayed so far, reasonably indicates its hunger for growth. China is ambitious to grow vertically on the economic scale and horizontally on the geographic scale. This is what is likely to spell disaster for the world, especially for the democratic countries.

• Item Type: MPRA Paper
• Language: English
• Keywords: China, Communist Party, Communism, Capitalism, Global Turbulence, Development, Democracy, Growth, Geo-political
• Subjects: E - Macroeconomics and Monetary Economics > E6 - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook > E66 - General Outlook and Conditions; F - International Economics > F5 - International Relations, National Security, and International Political Economy > F51 - International Conflicts ; Negotiations ; Sanctions; O - Economic Development, Innovation, Technological Change, and Growth > O1 - Economic Development > O11 - Macroeconomic Analyses of Economic Development

References

1.Prof. Joseph E. Stiglitz, “The Great Divide! Unequal Societies and What We can Do about Them”

2.Prof. Adam Smith, “The Wealth of Nations”

3.Prof. Karl Marx, “Das Capital” (alternate title ‘Capital’)

4.Dr. Girish Jakhotiya,(2018) "Are we heading towards a global economic collapse? - MPRA_paper_89428". Available at https://mpra.ub.uni-muenchen.de/89428/

5.Dr. Girish Jakhotiya,(2018) "Redefining the development index of a nation - MPRA_paper_90783". Available at https://mpra.ub.uni-muenchen.de/90783/

6.Dr. Girish Jakhotiya, (2018) "Let the rich flourish by sacrificing for poor" - VUECON-18-00007S