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Balanced Path Development

  • John Joshua
Chapter
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Abstract

Differences in economic growth and regional incomes between different regions are inevitable in large countries such as China, which covers about 9.6 million square kilometres. Different regions have various advantages and various disadvantages; hence, some regions will be more advanced economically than others. Without the required policies, in some regions even hard work may not lead to the expected benefits, so that eventually people may become complacent and may thus develop a culture of poverty. Others may become part of a floating population serving as part of the reserve army of the unemployed working in the big cities.

Keywords

Gross Domestic Product Agricultural Sector Precautionary Saving Rural Sector Surplus Labour 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© The Author(s) 2017

Authors and Affiliations

  • John Joshua
    • 1
  1. 1.Independent scholarShun Cheng District, Fushun-CityChina

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