It is almost the NO. 1 question I asked myself very often recently. And I believe the answer lays in education. Human capital accumulation and technology advancement all depends on education (even R&D units in industries are functioned by school-produced researchers).
In terms of import and export, China is manufacturing everything the world is consuming in daily life, from socks and shoes to computers and cars (well, I put it here as an aspiration for the next 10 years). But, from entrepreneurs who come up with ideas to incubate new market and engine the growth, to all types of workforce supporting the economy, what factors are producing them?
Labor economists have done intensive work, tried to capture the best method to quantify the measurement of ability, skills, the add-on effects of education, and value of experiences. We all would not deny that all human are born equal. In the scale of a nation, Chinese babies are not doing better than babies in any other countries in terms of genetic IQs. So, it is those add-ons that matters how the economy will develop. Now, education. But what is education? How much comes from schools, how much from parental influences (family education), how much the community (cultural factors?)?
I have done courses in development econ, labor econ, sociology and educational philosophy. Still no idea where to start the huge project to answer: Who is making China?
I will try to narrow down my thoughts and try to formulate at least an outline to exhibit the facts in a structured way.
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