China: Surpassing the “Middle Income Trap” - Shaojie Zhou & Angang Hue
- In english. First published in 2020 (e-book).
China is facing many setbacks and experiencing an economic slowdown in recent years due to some serious issues, and income inequality is one such issue deferring China’s development potential by creating a middle income trap. This book thoroughly investigates both the unpromising factors and favorable conditions for China to overcome the trap. It illustrates that traps may be encountered at any stage of development and argues that political stability is the prerequisite to creating a favorable environment for economic development and addressing this “middle income trap”.
-> "A fairly well-documented and extensively-researched book, presenting with a topic of utmost interest for those who are interested in understanding better the social issues at hands and what may happen in China in the years to come".