The Rising Influence of Rising Affluence

[DewDiligence]

World Bank reports on “China 2030”:

http://www.nytimes.com/2012/02/28/business/global/world-bank-calls-for-changes-in-chinese-economy.html

Mr. Zoellick said in news conferences on Monday that he was reassured that the government would undertake bold changes and that he expected China’s economy to remain strong this year, with a soft landing likely. The 400-page report, however, says little about the immediate challenges facing China’s economy. Instead, it lays out a road map packed with recommendations that the authors hope will lead to gradual reforms introduced over many years, if not over a decade or more. If all goes well and China undertakes serious changes, the study predicts, its economy could grow by about 8 percent a year for the next few years and could sustain average annual growth of about 6.6 percent for nearly 20 years.

Executive summary (3 pages):
http://www.worldbank.org/content/dam/Worldbank/document/China-2030-executive_summay.pdf

Overview (73 pages):
http://www.worldbank.org/content/dam/Worldbank/document/China-2030-overview.pdf

Slide set (12 pages):
http://www.worldbank.org/content/dam/Worldbank/document/China-2030-overview.pdf

Full report (400 pages):
http://www.worldbank.org/content/dam/Worldbank/document/China-2030-complete.pdf