China's Technological Leapfrogging and Economic Catch-up: A Schumpeterian Perspective
13 June 2022, 11:00 am鈥12:30 pm
SSEES Centre for Comparative Studies of Emerging Economies Seminar Series invites you to a book launch webinar with Keun Lee, Professor of Economics at Seoul National University
This event is free.
Event Information
Open to
- All
Availability
- Yes
Cost
- Free
Organiser
-
SSEES
ABOUT THE BOOK
After the miraculous economic growth known as the Beijing Consensus, China is now facing a slowdown. The attention has moved to the issue of the middle income trap, or the situation in which economic growth slows down as a country reaches the middle income stage. China's Technological Leapfrogging and Economic Catch-up: A Schumpeterian Perspective deals with this interesting issue in the context of China. It also discusses China鈥檚 limitations and future prospects, especially after the rise of a new 鈥渃old war鈥 between China and the US, namely the question of whether China would fall into another trap called the 鈥淭hucydides trap,鈥 or conflict with the existing hegemon as a rising power. In sum, this book plays around three key terms, namely, the Beijing Consensus, the Middle Income Trap, and the Thucydides trap, and applies a Schumpeterian approach to these concepts. This book also conducts a comparative analysis that examines China from an 鈥渆conomic catch-up鈥 perspective. An economic catch-up starts from learning and imitating a forerunner, but finishing the race successfully requires taking a different path along the road. This act is also known as leapfrogging, which implies a latecomer doing something different from, and often ahead of, a forerunner.
ABOUT THE SPEAKER
For further details see