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  • 1 Former Director, Fiscal Affairs Department, International Monetary Fund (IMF), Washington, DC, USA
  • | 2 Honorary President, International Institute of Public Finance, Munich, Germany
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Abstract

Why did China grow so fast in the past four decades? What were the main factors? Important ones were: attitude of government; opening to the world; role of culture; exploitation of technological gap; role of foreign trained students; and role of government in the creation of modern infrastructure. These factors are likely to play a much smaller role in the future while several negative factors –populism, trade wars, environmental obstacles, aging of the population, authoritarianism and others are likely to lead to significantly lower growth rates.

  • Ahmad, E.Qiang, G.Tanzi, V. (1995): Reforming China’s Public Finances. Washington, DC: IMF.

  • Barro, R. J. (2016): Economic Growth and Convergence, Applied to China. China and World Economy, 24(5): 519.

  • Kolodko, G. (2018): Socialism, Capitalism or Chinism. Communist and Post-Communist Studies, 51(4): 285298.

  • Kolodko, G. (2020): China and the Future of Globalization: The Political Economy of China’s Rise. London, New York, Oxford, New Delhi, Sidney: I.B. Tauris.

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  • Santacreu, A. M.Zhu, H. (2018): What Does China's Rise in Patents Means? A Look at Quality and Quantity. Economic Research, No. 14, St. Louis, Federal Research Bank.

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  • Tanzi, V. (2008): Peoples, Places and Policies: China, Japan and Southeast Asia. New York: Jorge Pinto Books.

  • Tanzi, V. (2010): Russian Bears and Somali Sharks: Transition and Other Passages. New York: Jorge Pinto Books.

  • Tanzi, V. (2019): Observing Russia’s Transition. МИР ПЕРЕМЕН, The World of Transformations, The International Scientific and Public Journal, No. 2, (in Russian).

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  • World Intellectual Property Organization (WIPO) (2019): World Intellectual Property Indicators. Geneva.

  • Zhang, L. (2016): Rebalancing in China – Progress and Prospects. IMF Working Paper, No. 16/183.

  • Zhu, M.Zhang, L.Peng, D. (2019): China’s Productivity Convergence and Growth Potential – A Stocktaking and Sectoral Approach. IMF Working Paper, No. 19/263.

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Senior editors

Editor(s)-in-Chief: Prof. Dr. Mihályi, Péter

Editor(s): Ványai, Judit

Editorial Board

  • Ádám Török (Chairman) / University of Pannonia; Budapest University of Technology and Economics
  • Edina Berlinger / Corvinus University of Budapest, Department of Finance
  • Péter Halmai / Budapest University of Technology and Economics; National University of Public Service
  • Gábor Kézdi / University of Michigan
  • István Kónya / Institute of Economics Centre for Regional and Economic Studies, University of Pécs
  • János Köllő / Institute of Economics Centre for Regional and Economic Studies
  • István Magas / Corvinus University of Budapest, Department of World Economy; University of Physical Education, Department. of Sports and Decision Sciences
 

Advisory Board

  • Ǻslund, Anders
  • Kolodko, Grzegorz
  • Mau, Vladimir
  • Messerlin, Patrick A
  • Nuti, Mario Domenico
  • Wagener, Hans-Jürgen

Corvinus University of Budapest
Department of Economics
Fővám tér 8 Budapest, H-1093, Hungary

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2020  
Total Cites 275
WoS
Journal
Impact Factor
0,875
Rank by Economics 325/377 (Q4)
Impact Factor  
Impact Factor 0,534
without
Journal Self Cites
5 Year 0,500
Impact Factor
Journal  0,38
Citation Indicator  
Rank by Journal  Economics 347/549 (Q3)
Citation Indicator   
Citable 37
Items
Total 37
Articles
Total 0
Reviews
Scimago 13
H-index
Scimago 0,292
Journal Rank
Scimago Economics and Econometrics Q3
Quartile Score  
Scopus 225/166=1,4
Scite Score  
Scopus Economics and Econometrics 392/661 (Q3)
Scite Score Rank  
Scopus 0,668
SNIP  
Days from  289
sumbission  
to acceptance  
Days from  447
acceptance  
to publication  

2019  
Total Cites
WoS
212
Impact Factor 0,914
Impact Factor
without
Journal Self Cites
0,728
5 Year
Impact Factor
0,650
Immediacy
Index
0,156
Citable
Items
45
Total
Articles
45
Total
Reviews
0
Cited
Half-Life
3,9
Citing
Half-Life
9,5
Eigenfactor
Score
0,00015
Article Influence
Score
0,052
% Articles
in
Citable Items
100,00
Normalized
Eigenfactor
0,01891
Average
IF
Percentile
28,437
Scimago
H-index
12
Scimago
Journal Rank
0,439
Scopus
Scite Score
214/165=1,3
Scopus
Scite Score Rank
Economics and Econometrics 355/637 (Q3)
Scopus
SNIP
0,989

 

Acta Oeconomica
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Acta Oeconomica
Language English
Size B5
Year of
Foundation
1966
Publication
Programme
2021 Volume 71
Volumes
per Year
1
Issues
per Year
4
Founder Magyar Tudományos Akadémia
Founder's
Address
H-1051 Budapest, Hungary, Széchenyi István tér 9.
Publisher Akadémiai Kiadó
Publisher's
Address
H-1117 Budapest, Hungary 1516 Budapest, PO Box 245.
Responsible
Publisher
Chief Executive Officer, Akadémiai Kiadó
ISSN 0001-6373 (Print)
ISSN 1588-2659 (Online)