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The Distribution of Wealth in Rural China

Author : Terry McKinley
Publisher : Routledge
Page : 240 pages
File Size : 47,80 MB
Release : 2016-09-16
Category : Business & Economics
ISBN : 1315481715

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Based on an analysis of a 1988 nationwide sample survey of 10,258 households, this book aims to offer insights into issues of rural inequality in China. The work focuses on the study of wealth rather than income as the primary measure.

Invisible China

Author : Scott Rozelle
Publisher : University of Chicago Press
Page : 242 pages
File Size : 40,10 MB
Release : 2020-09-29
Category : Business & Economics
ISBN : 022674051X

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A study of how China’s changing economy may leave its rural communities in the dust and launch a political and economic disaster. As the glittering skyline in Shanghai seemingly attests, China has quickly transformed itself from a place of stark poverty into a modern, urban, technologically savvy economic powerhouse. But as Scott Rozelle and Natalie Hell show in Invisible China, the truth is much more complicated and might be a serious cause for concern. China’s growth has relied heavily on unskilled labor. Most of the workers who have fueled the country’s rise come from rural villages and have never been to high school. While this national growth strategy has been effective for three decades, the unskilled wage rate is finally rising, inducing companies inside China to automate at an unprecedented rate and triggering an exodus of companies seeking cheaper labor in other countries. Ten years ago, almost every product for sale in an American Walmart was made in China. Today, that is no longer the case. With the changing demand for labor, China seems to have no good back-up plan. For all of its investment in physical infrastructure, for decades China failed to invest enough in its people. Recent progress may come too late. Drawing on extensive surveys on the ground in China, Rozelle and Hell reveal that while China may be the second-largest economy in the world, its labor force has one of the lowest levels of education of any comparable country. Over half of China’s population—as well as a vast majority of its children—are from rural areas. Their low levels of basic education may leave many unable to find work in the formal workplace as China’s economy changes and manufacturing jobs move elsewhere. In Invisible China, Rozelle and Hell speak not only to an urgent humanitarian concern but also a potential economic crisis that could upend economies and foreign relations around the globe. If too many are left structurally unemployable, the implications both inside and outside of China could be serious. Understanding the situation in China today is essential if we are to avoid a potential crisis of international proportions. This book is an urgent and timely call to action that should be read by economists, policymakers, the business community, and general readers alike. Praise for Invisible China “Stunningly researched.” —TheEconomist, Best Books of the Year (UK) “Invisible China sounds a wake-up call.” —The Strategist “Not to be missed.” —Times Literary Supplement (UK) “[Invisible China] provides an extensive coverage of problems for China in the sphere of human capital development . . . the book is rich in content and is not constrained only to China, but provides important parallels with past and present developments in other countries.” —Journal of Chinese Political Science

Power and Wealth in Rural China

Author : Susan H. Whiting
Publisher : Cambridge University Press
Page : 370 pages
File Size : 38,76 MB
Release : 2000-11-27
Category : Political Science
ISBN : 9780521623223

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This book focuses on China's rural industries, offering an innovative, theoretical framework to explain insitutional change. Susan Whiting explores the complex interactions of individuals, institutions, and the broader political economy to examine variation and change in property rights and extractive institutions in China's rural industrial sector. Whiting explains why public ownership predominated during the early years of reform and why privatization is now taking place. This book will be of interest not only to students and scholars of Chinese economic development, but also of comparative politics and political economy more generally.

Inequality in China – Trends, Drivers and Policy Remedies

Author : Ms.Sonali Jain-Chandra
Publisher : International Monetary Fund
Page : 31 pages
File Size : 32,74 MB
Release : 2018-06-05
Category : Business & Economics
ISBN : 1484357531

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China has experienced rapid economic growth over the past two decades and is on the brink of eradicating poverty. However, income inequality increased sharply from the early 1980s and rendered China among the most unequal countries in the world. This trend has started to reverse as China has experienced a modest decline in inequality since 2008. This paper identifies various drivers behind these trends – including structural changes such as urbanization and aging and, more recently, policy initiatives to combat it. It finds that policies will need to play an important role in curbing inequality in the future, as projected structural trends will put further strain on equity considerations. In particular, fiscal policy reforms have the potential to enhance inclusiveness and equity, both on the tax and expenditure side.

Growth, Inequality, and Poverty in Rural China

Author : Shenggen Fan
Publisher : Intl Food Policy Res Inst
Page : 90 pages
File Size : 24,46 MB
Release : 2002-01-01
Category : Business & Economics
ISBN : 0896291286

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Growth, inequality, and poverty; Public capital e investment; Concptual framework and model; Data, estimation, and results.

Rising Inequality in China

Author : Shi Li
Publisher : Cambridge University Press
Page : 531 pages
File Size : 12,36 MB
Release : 2013-10-31
Category : Business & Economics
ISBN : 1107002915

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This book examines the evolution of economic inequality in China from 2002 to 2007; a sequel to Inequality and Public Policy in China (2008).

Inequality and Poverty in China in the Age of Globalization

Author : Azizur Rahman Khan
Publisher : Oxford University Press
Page : 197 pages
File Size : 40,96 MB
Release : 2001-01-25
Category : Business & Economics
ISBN : 0195350413

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China's explosive economic growth since 1988 has not resulted in an equal increase of income among all Chinese citizens. The authors explore a range of reasons for the disparity and base their conclusions on strong empirical evidence--especially the 1996 survey conducted by the State Statistical Bureau.

Causes and Consequences of Income Inequality

Author : Ms.Era Dabla-Norris
Publisher : International Monetary Fund
Page : 39 pages
File Size : 45,50 MB
Release : 2015-06-15
Category : Business & Economics
ISBN : 1513547437

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This paper analyzes the extent of income inequality from a global perspective, its drivers, and what to do about it. The drivers of inequality vary widely amongst countries, with some common drivers being the skill premium associated with technical change and globalization, weakening protection for labor, and lack of financial inclusion in developing countries. We find that increasing the income share of the poor and the middle class actually increases growth while a rising income share of the top 20 percent results in lower growth—that is, when the rich get richer, benefits do not trickle down. This suggests that policies need to be country specific but should focus on raising the income share of the poor, and ensuring there is no hollowing out of the middle class. To tackle inequality, financial inclusion is imperative in emerging and developing countries while in advanced economies, policies should focus on raising human capital and skills and making tax systems more progressive.

Changing Trends in China's Inequality

Author : Terry Sicular
Publisher : Oxford University Press, USA
Page : 457 pages
File Size : 38,53 MB
Release : 2020
Category : Business & Economics
ISBN : 019007793X

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"This work provides a new, comprehensive, and empirically grounded study of household incomes in China that critically examines the long-term rise and recent apparent decline in inequality. It covers incomes and inequality nationwide as well as separately in the urban and rural sectors, with close attention to measurement issues and to underlying changes in the economy, institutions, and public policy. The chapters examine a range of related topics, including the inequality of wealth, the emergence of a new middle class, the income gap between the Han and the ethnic minorities, the gender wage gap, and the impacts of government policies, such as social welfare programs and the minimum wage. A distinguishing feature of the book is its use of data from the China Household Income Project (CHIP), a collaborative, international research project that has organized nationwide household surveys spanning 1988, 1995, 2002, 2007, and, most recently, 2013. The CHIP data make possible to provide a consistent picture of the evolution of China's income and inequality from the late 1980s to the beginning of the Xi Jinping era. Analyses of the 2013 CHIP data, with comparisons to findings from past rounds of the survey, reveal new trends in China's inequality"--