01757cas a2200253 a 4500 AALejournalIMF006818 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451849684 1018-5941 BD-DhAAL BD-DhAAL Khan, Mohsin. Why is China Growing so Fast? / Mohsin Khan, Zuliu Hu. Washington, D.C. : International Monetary Fund, 1996. 1 online resource (36 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students China has been growing at a spectacular rate in recent years, enabling per capita incomes to almost quadruple in only the last decade and a half This paper identifies the sources of economic growth in China from 1953 to 1994. While capital accumulation played an important role in China's economic growth throughout the period, it is basically the sharp and sustained increase in productivity that accounts for the unprecedented economic growth observed during the reform period. The productivity gains largely reflect market-oriented reforms, especially the expansion of the nonstate sector, as well as China's 'open door' policy that brought about a dramatic expansion in foreign trade and foreign direct investment. Mode of access: Internet Hu, Zuliu. IMF Working Papers; Working Paper ; No. 1996/075 Full text available on IMF http://elibrary.imf.org/view/journals/001/1996/075/001.1996.issue-075-en.xml IMF e-Library