Labor Market Reform Income Inequality And Economic Growth In China
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Author | : Thomas Hertel |
Publisher | : DIANE Publishing |
Total Pages | : 42 |
Release | : 2008-05 |
Genre | : Business & Economics |
ISBN | : 1437900607 |
Download Labor Market Distortions, Rural-Urban Inequality, and the Opening of the People's Republic of China Economy Book in PDF, Epub and Kindle
Evaluates the impact of some key factor market reforms on rural-urban inequality & income distribution, using a household-disaggregated, recursive dynamic computable general equilibrium model of the People¿s Republic of China. It also explores how these factor market reforms interact with product market reforms currently under way as part of the country¿s World Trade Org. (WTO) accession process. The simulation results show that reforms in the rural land rental market & hukou system, as well as increasing off-farm labor mobility, would reduce the urban-rural income ratio dramatically. Furthermore, the combination of WTO accession & factor market reforms improves both efficiency & equality significantly. Charts, tables & graphs.
Author | : Ming Lu |
Publisher | : |
Total Pages | : 0 |
Release | : 2008 |
Genre | : |
ISBN | : |
Download Labor Market Reform, Income Inequality and Economic Growth in China Book in PDF, Epub and Kindle
The year 1996 was a turning point both in terms of Chinese labor market reform and in China's economic growth pattern. Before 1996, labor market reform was mainly implemented through adjustment of people's occupation and income structure. Since 1996, employment restructuring has led to differentiation in terms of employment status. Labor market reform in the former stage resulted in slow growth in wages, whereas reform in the latter stage enhanced economic efficiency. Both stages have enabled the Chinese economy to apply its comparative advantage of low labor cost. Labor market reform has also increased income disparity and, therefore, new challenges are posed in sustaining economic growth. China needs to adjust its development strategies and introduce labor market reform that can improve income equality, so as to achieve sustainable economic development.
Author | : Fang Cai |
Publisher | : BRILL |
Total Pages | : 396 |
Release | : 2010 |
Genre | : Business & Economics |
ISBN | : 900418421X |
Download Transforming the Chinese Economy Book in PDF, Epub and Kindle
Transforming the Chinese Economy is a translated collection of articles providing a look at how scholars in China have been assessing their country's recent economic history. This volume, as well as the others in the SSRC series, provides Western scholars with an accessible, English-language look at the state of current Chinese scholarship, and as such, does not simply provide information for the direct study of economic issues, but also for meta-level analysis of the interplay of China's policy, scholarship, and economy. Specific topics include banking and finance, inequality of growth, and women's role in the workforce.
Author | : Mr.Ray Brooks |
Publisher | : International Monetary Fund |
Total Pages | : 25 |
Release | : 2003-11-01 |
Genre | : Business & Economics |
ISBN | : 1451874812 |
Download China's Labor Market Performance and Challenges Book in PDF, Epub and Kindle
A more market-oriented labor market has emerged in China in the past twenty years with growing importance of the urban private sector, as state-owned enterprises have downsized. Despite the progress on reforms, a sizable surplus of labor still exists in the rural sector and state-owned enterprises. The main challenge facing China’s labor market in coming years is to absorb the surplus labor into quality jobs while adjusting to World Trade Organization (WTO) accession. This paper estimates that if annual GDP growth averages 7 percent and the employment elasticity is one-half, urban unemployment could double to about 10 percent over the next three to four years. These pressures would be limited by stronger economic growth, especially in the private sector and more labor-intensive service industries which have generated the most jobs in recent years. Therefore, policy should focus on encouraging private sector development while reducing barriers to labor mobility, improving worker skills, upgrading job search services, and strengthening the social safety net.
Author | : Dihai Wang |
Publisher | : |
Total Pages | : |
Release | : 2022 |
Genre | : China |
ISBN | : 9781032199627 |
Download Economic Growth and Income Distribution in the Development of China's Dual Economy Book in PDF, Epub and Kindle
"Since the start of the process of economic reform in 1978, China has maintained the structure of a dual economy, with concurrent development of the agricultural and industrial sectors. This book explores the key issues of China's economic growth and income distribution in this context. Pivoting on analysis of China's real GDP and growth rate, the first part of the book analyzes the evolution of economic growth and characteristics of economic structural changes across a period of forty years, scrutinizing the different determinants that contribute to growth. Then, chapters in the second part of the volume study the relationship between China's economic growth and economic development, elucidating the mechanism of interaction between the former and key factors of the latter, including investment, housing, education, and healthcare. The final chapters center on the development and current landscape of income distribution, providing explanation for sharpening income inequalities and advancing suggestions and feasible solutions to the problem of income gap. This book is targeted at scholars, students and policymakers interested in China's economy, income distribution, and economic growth"--
Author | : Xin Meng |
Publisher | : Cambridge University Press |
Total Pages | : 241 |
Release | : 2000-05-11 |
Genre | : Business & Economics |
ISBN | : 1139431676 |
Download Labour Market Reform in China Book in PDF, Epub and Kindle
Labour Market Reform in China documents and analyses institutional changes in the Chinese labour market over the last twenty-five years, and argues that further reform is necessary if China is to sustain its high growth rates. The book first assesses the problems associated with the pre-reform labour arrangements. It offers an in-depth analysis of the urban labour market and its impact on individual wage determination, ownership structure, labour compensation and labour demand and of social security reform. In its main chapters, the book investigates the impact of rural economic reform on rural labour market. Detailed consideration is given to the rural agricultural labour market, labour arrangement in the rural non-agricultural sector, and the wage gap between the rural agricultural and non-agricultural sectors. Finally, the book examines the phenomenon of rural-urban migration, its impact on rural and urban economic growth, and models its effect on urban employment, unemployment and earnings.
Author | : John Knight |
Publisher | : OUP Oxford |
Total Pages | : 276 |
Release | : 2005-03-24 |
Genre | : Business & Economics |
ISBN | : 0191529664 |
Download Towards a Labour Market in China Book in PDF, Epub and Kindle
China's remarkable economic transition and capacity for dynamic growth has stunned the world. Throughout the period of economic reform, China has been moving towards the creation of a labour market. The scale of this transformation is unprecedented. New economic incentives, vast labour migration, draconian retrenchment of state workers, and sharply rising wage inequality are all characteristic of this unique transition. Drawing on more than a decade of survey-based research, the authors systematically document and analyse this important transformation. They use economic and sociological theory, institutional analysis and political economy to fully explain the causes, pressures, obstacles and consequences of the move towards a labour market in China. It is argued that much progress has been made towards the creation of a labour market but that the process is far from complete.
Author | : Cai Fang |
Publisher | : Edward Elgar Publishing |
Total Pages | : 247 |
Release | : 2016-01-29 |
Genre | : Business & Economics |
ISBN | : 1781005850 |
Download China’s Economic Growth Prospects Book in PDF, Epub and Kindle
China has grown rapidly since the reform initiation of the 1970s. China’s Economic Growth Prospects narrates the contribution of demographic transition to recent economic growth in China, and provides suggestions for ways in which it can sustain growth over the next few decades. The expert author provides reasons for the economic slowdown since the second decade of the twenty-first century; explores the challenges facing China’s long-term sustainability of growth with the disappearance of demographic dividend; and proposes policy suggestions. He concludes that, in order to avoid the middle-income trap, economic growth in China must transform from an inputs-driven pattern, to a productivity-driven pattern. Academics, researchers and students of economics and business, particularly those specialising in China, will find this book to be a useful resource. Investment bankers, journalists, politicians and policy makers will find the discussions of past experience and the future potential of the Chinese economy to be of interest.
Author | : Guanghua Wan |
Publisher | : Oxford University Press on Demand |
Total Pages | : 236 |
Release | : 2008-04-03 |
Genre | : Business & Economics |
ISBN | : 0199535191 |
Download Inequality and Growth in Modern China Book in PDF, Epub and Kindle
This volume provides comprehensive, up to date coverage of inequality and poverty issues in China. Going beyond standard data sources and using state-of-art research techniques, this volume substantiates a number of findings and conclusions and ensures policy recommendations are reliable and robust.
Author | : Pundarik Mukhopadhaya |
Publisher | : Routledge |
Total Pages | : 314 |
Release | : 2017-07-05 |
Genre | : Business & Economics |
ISBN | : 1351568892 |
Download "Economic Growth and Income Inequality in China, India and Singapore " Book in PDF, Epub and Kindle
The world at large is watching both China and India as powerhouses of economic growth. The two nations have achieved significantly high rates of economic growth ever since their respective economies liberalized in 1978 and 1991. Singapore, despite its limited land size and almost total dependence on external trade, has performed remarkably well and has moved ?from the third world to the first?. This book documents and explains the rapid economic growth of the three key Asian economies.The book also looks at what has happened to income inequality in the context of superior growth performance. It makes comparative assessments and examines the implications for the three nations. Since free markets have nothing in them to produce a reduction in income inequality among persons/households, one must at best hope for equality of opportunity ? notably reflected in identical schooling for all; identical health care for all; and minimal rather than vulgar inequality in housing. This book is particularly useful for both China and India which may wish to study and learn from Singapore in regard to the policies, programmes and projects aimed at ensuring equality of opportunity. The book is backed by considerable expertise on the part of the researchers, with demonstrated expertise through their publications spawning a few decades. It is invaluable to those who are concerned with designing policies for developing countries aimed at rapid and inclusive economic growth.This book has been made possible by the intellectual and financial support extended by the Global Asia Institute, National University of Singapore.