The document discusses China's rapid economic development and catch-up to other developed nations like Japan. It notes three key factors: 1) China caught up much faster than expected to Japan's level of development, 2) China invested heavily in infrastructure projects, and 3) China invested in improving physical connections to neighboring countries. This shovel-ready approach and high-profile infrastructure projects helped spur urbanization, employment, export growth, and an upgrading of worker skills in China. The document asks if Pakistan could also experience similar development by following China's model of heavy investment in infrastructure.
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Catch-Up Time For Dynamic Nations
The document discusses China's rapid economic development and catch-up to other developed nations like Japan. It notes three key factors: 1) China caught up much faster than expected to Japan's level of development, 2) China invested heavily in infrastructure projects, and 3) China invested in improving physical connections to neighboring countries. This shovel-ready approach and high-profile infrastructure projects helped spur urbanization, employment, export growth, and an upgrading of worker skills in China. The document asks if Pakistan could also experience similar development by following China's model of heavy investment in infrastructure.
Download as PPTX, PDF, TXT or read online on Scribd
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CATCH-UP TIME FOR DYNAMIC
NATIONS BY SHAHID JAWED BURKI
PRESENTED BY: SHEHR BANO
YAWAR ALI (10585) Which country do you think was not so developed but now it catch—up very fast???????? HOW????? What will be the implication of this for the rest of Asia in particular for the countries that border on China??????? 3 things to be notes……… 1. The speed with which China has caught up with Japan.
2. Investment was made on infrastructure.
3. Investment made to improve physical
connections between China and its neighboring countries. what does this shows?????
Chinese followed a shovel ready
approach
while
Japanese followed an insular
approach After 1987-94………….. Japanese were not interested in flashy projects while Chinese were happy to be identified with high profile projects like,
Chasma nuclear plant
construction of Gwadar port construction of Karakoram Highway This all lead to………. Urbanization in china
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