Through exploring the limitation of the neoclassical theory of economic growth,which classifies growth as a homogenous process,this paper reconciles various theories of economic development and explains the rises and ...Through exploring the limitation of the neoclassical theory of economic growth,which classifies growth as a homogenous process,this paper reconciles various theories of economic development and explains the rises and falls of economic growth under a unified framework,focusing on incentives of the accumulation of physical and human capital.This paper classifies instances of economic growth into four categories—the Malthusian poverty trap,the Lewis dual model of economic development,the Lewis turning point,and Solow neoclassical growth model.This paper conducts empirical analysis of these categories of economic development as they are relevant to Chinese economic growth and discusses policy implications therein.展开更多
The human social development saw the formation of five unique civilizations,with the latter forming their own distinctive cultures.China’s traditional culture is its most fundamental ideological weapon for solving pr...The human social development saw the formation of five unique civilizations,with the latter forming their own distinctive cultures.China’s traditional culture is its most fundamental ideological weapon for solving problems.The Chinese are good at comprehensive thinking,dialectical thinking,and systematic analysis.These ideological weapons can solve the problems of formal science and technology and create scientific and technological achievements on par with global advanced scale.Ancient China is filled with original scientific and technological achievements,which strongly prove ancient China’s possession of its own science and technology different from that of Western Renaissance.Therefore,a comprehensive understanding of science,technology,experience,and intuition is necessary.The long-held superstition regarding the West,the lack of confidence,self-denial,blind imitation of ideas,and shackles must be thrown away.Only then can we take the road toward an authentic Chinese creative design as we learn from others.展开更多
文摘Through exploring the limitation of the neoclassical theory of economic growth,which classifies growth as a homogenous process,this paper reconciles various theories of economic development and explains the rises and falls of economic growth under a unified framework,focusing on incentives of the accumulation of physical and human capital.This paper classifies instances of economic growth into four categories—the Malthusian poverty trap,the Lewis dual model of economic development,the Lewis turning point,and Solow neoclassical growth model.This paper conducts empirical analysis of these categories of economic development as they are relevant to Chinese economic growth and discusses policy implications therein.
文摘The human social development saw the formation of five unique civilizations,with the latter forming their own distinctive cultures.China’s traditional culture is its most fundamental ideological weapon for solving problems.The Chinese are good at comprehensive thinking,dialectical thinking,and systematic analysis.These ideological weapons can solve the problems of formal science and technology and create scientific and technological achievements on par with global advanced scale.Ancient China is filled with original scientific and technological achievements,which strongly prove ancient China’s possession of its own science and technology different from that of Western Renaissance.Therefore,a comprehensive understanding of science,technology,experience,and intuition is necessary.The long-held superstition regarding the West,the lack of confidence,self-denial,blind imitation of ideas,and shackles must be thrown away.Only then can we take the road toward an authentic Chinese creative design as we learn from others.
