Comparison of leading‐industrialisation and crossing‐industrialisation economic growth patterns in the context of sustainable development

Lessons from China and India

Dados Bibliográficos

ID12306149
AutoresYongchun Huang (Business School Hohai University Nanjing China), Chengmeng Chen (0000-0002-8159-0334, Business School Hohai University Nanjing China, autor correspondente), Dejin Su (School of Business Administration Nanjing Audit University Nanjing China), Shangshuo Wu (0000-0002-1094-2291, Business School Hohai University Nanjing China)
Ano2020
Volume28
Fascículo5
Páginas1077-1085
Data de publicação2020-04-13
Peer ReviewedSim
Open AccessSim
TipoARTICLE
PeriódicoSustainable Development (JOURNAL)
Identificadores do periódicoISSN: 0968-0802 • E-ISSN: 1099-1719
EditoraWiley (PUBLISHER • GB)
DOI10.1002/sd.2058
OpenAlexW3016813500
IdiomaEN
Citações recebidas7
Referências citadas57

Various economic growth patterns differ in sustainability. Taking China and India as examples, this study parses the connotation of leading‐industrialisation and crossing‐industrialisation economic growth patterns. In addition, a theoretical framework of sustainable development, including economic, social, environmental and demographic sustainability, is constructed. Furthermore, the comparative analysis and case study method are used to compare the sustainability of the two patterns. Results demonstrate that the leading‐industrialisation pattern relies on abundant and skilled human resources to promote the manufacturing industry, thereby achieving rapid and high‐quality economic growth at the expense of the environment. Although it is superior in social sustainability, such as poverty proportion, employment rate, price stability and health condition, the pattern can lead to a gap in wealth and an imbalance in urbanisation. By contrast, we reveal that the crossing‐industrialisation pattern depends on the elite talents and technological progress to promote the service industry with high economic potential, which is resource‐efficient and environment‐friendly. Meanwhile, it is characterised by a small gap between the rich and the poor, relatively balanced urbanisation and future demographic dividends. However, it cannot guarantee adequate employment, public health and stable prices with serious poverty. This study enriches the multidimensional framework of sustainable development and proposes several practical implications for the sustainable development of the two economic growth patterns

Business · China · Context (archaeology · Development economics · Economic growth · Economic system · Economics · Geography · Industrialisation · Market economy · Political science · Poverty · Sustainability · Sustainable development · Urbanization · Economic Growth and Productivity · Energy, Environment, Economic Growth · Fiscal Policy and Economic Growth