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| Author: | Zhao, Ping Zhou, Zheng |
| Title: | On economic growth rate and quality and international comparison (original in Chinese) |
| Journal: | Journal of Zhongnan University of Finance and Economics (c)
1998 : 4, p.44-51 |
| Index terms: | ECONOMIC GROWTH |
| Language: | chn |
| Abstract: | According to the comparison table of the actual and value growth rate of each nation, it could be seen that the decisive factors for the economic growth of each nation include actual exchange rate and product quality. In some countries like China, the slow economic growth is caused by its low value growth rate rather than low actual growth rate. For the sake of economic expansion, a nation should highlight not only the quantity increase but also the quality improvement. To assess the economic growth situation of a nation, both the actual and the value growth rates should be analyzed, the latter in particular. Quality improvement plays a very critical role in the economic growth. |
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