[PDF] The Global Welfare Impact Of China eBook

Author : Mr.Julian Di Giovanni
Publisher : International Monetary Fund
Page : 50 pages
File Size : 40,87 MB
Release : 2012-03-01
Category : Business & Economics
ISBN : 1475535236

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This paper evaluates the global welfare impact of China's trade integration and technological change in a quantitative Ricardian-Heckscher-Ohlin model implemented on 75 countries. We simulate two alternative productivity growth scenarios: a "balanced" one in which China's productivity grows at the same rate in each sector, and an "unbalanced" one in which China's comparative disadvantage sectors catch up disproportionately faster to the world productivity frontier. Contrary to a well-known conjecture (Samuelson, 2004), the large majority of countries in the sample, including the developed ones, experience an order of magnitude larger welfare gains when China's productivity growth is biased towards its comparative disadvantage sectors. We demonstrate both analytically and quantitatively that this finding is driven by the inherently multilateral nature of world trade. As a separate but related exercise we quantify the worldwide welfare gains from China's trade integration.

Author : Qin Gao
Publisher : Oxford University Press
Page : 177 pages
File Size : 36,75 MB
Release : 2017
Category : Political Science
ISBN : 0190218134

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Introduction -- Background, inception, and development -- Thresholds, financing, and beneficiaries -- Targeting performance -- Anti-poverty effectiveness -- From welfare to work -- Family expenditures and human capital investment -- Social participation and subjective well-being -- What next? : policy solutions and research directions -- References -- Acknowledgements

Author : Kinglun Ngok
Publisher : Routledge
Page : 289 pages
File Size : 31,29 MB
Release : 2015-10-23
Category : Social Science
ISBN : 1317937015

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This book critically and comprehensively examines China’s welfare development amidst its rapid economic growth and increasing social tensions. It covers the main policy areas from China’s inception of the open door policy in 1978 to the new administration of Jinping Xi and Keqiang Li, including social security, health, education, housing, employment, rural areas, migrant workers, children and young people, disabled people, old age pensions and non-governmental organisations. In particular, it critically analyses the impact of policy changes on the well-being of Chinese people

Author : David Dollar
Publisher : Brookings Institution Press
Page : 444 pages
File Size : 43,52 MB
Release : 2020-06-09
Category : Political Science
ISBN : 0815738064

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How will China reform its economy as it aspires to become the next economic superpower? It's clear that China is the world's next economic superpower. But what isn't so clear is how China will get there by the middle of this century. It now faces tremendous challenges such as fostering innovation, dealing with ageing problem and coping with a less accommodative global environment. In this book, economists from China's leading university and America's best-known think tank offer in depth analyses of these challenges. Does China have enough talent and right policy and institutional mix to transit from input-driven to innovation-driven economy? What does ageing mean, in terms of labor supply, consumption demand and social welfare expenditure? Can China contain the environmental and climate change risks? How should the financial system be transformed in order to continuously support economic growth and keep financial risks under control? What fiscal reforms are required in order to balance between economic efficiency and social harmony? What roles should the state-owned enterprises play in the future Chinese economy? In addition, how will technological competition between the United States and China affect each country's development? Will the Chinese yuan emerge as a major reserve currency, and would this destabilize the international financial system? What will be China's role in the international economic institutions? And will the United States and other established powers accept a growing role for China and the rest of the developing world in the governance of global institutions such as the World Trade Organization and the International Monetary Fund, or will the world devolve into competing blocs? This book provides unique insights into independent analyses and policy recommendations by a group of top Chinese and American scholars. Whether China succeeds or fails in economic reform will have a large impact, not just on China's development, but also on stability and prosperity for the whole world.

Author : Maria Weber
Publisher : Edward Elgar Publishing
Page : 232 pages
File Size : 47,44 MB
Release : 2004-01-01
Category : Political Science
ISBN : 9781781958735

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Scholars of political economy and international economics as well as academics and researchers of Asian - particularly Chinese- studies, will find this book of great value. Since the People's Republic of China began to promote an open-door policy to foreign investment in 1979, economic results have been startling. In twenty years China recorded at least eight percent growth in gross domestic product annually. Since 1978 the number of Chinese living in poverty dropped from 270 million to 60 million. China's economy cou. By adopting a wide-ranging perspective, this book addresses the key issues relevant to contemporary China, providing a valuable tool with which to understand the challenges and opportunities facing political and economic actors, both domestic and foreign, over the next decades. The book addresses key issues now subject to considerable debate, such as sustainable growth, the imbalances in society deriving from growing inequalities and environmental threats. Concluding this section is an overview of how Chinese - US relations, and China's geo-political role at the international level, have evolved at the turn of the 21st century. The book then goes on to analyse those issues linked to the impacts of recent welfare system reforms. In particular, those impacts on the health care and pension systems, growing unemployment deriving from reform of state-owned enterprises and the related phasing out of the 'cradle-to-grave' welfare system. The closing chapter looks at the potential provided by a fast-growing insurance market in conjunction with WTO opening measures, to assess whether increased opportunities are likely to arise for foreign insurance suppliers.

Author : Ka-Ho Mok
Publisher : Routledge
Page : 260 pages
File Size : 34,28 MB
Release : 2013-11-07
Category : Political Science
ISBN : 1134575076

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East Asia is at the heart of the global economic transformation, and the countries of the region are witnessing rapidly changing labour markets, alongside the pressure to cut production costs and lower taxes in order to become successful ‘competition states’. These changes have resulted in increased welfare demands which governments, organizations and agencies across the region have had to address. This book examines welfare regimes in the Greater China region, encompassing mainland China, Hong Kong, Macao and Taiwan. In so doing, it explores the ways in which the rapid growth and internationalisation of the economy across Greater China is presenting new social policy challenges that governments, social welfare organizations and agencies in the region are having to respond to. Rather than simply describing and categorising welfare systems, the contributors to this volume add to our understanding of how one of the major economic transformations of the contemporary era in East Asia is shaping welfare provision in the region. In turn, in this context of economic change, they examine the new strategies and measures that have been adopted in order to reduce the heavy burden on the state in terms of welfare provision, whilst also attempting to diversify funding and provision sources to meet the pressing welfare needs. Based upon extensive fieldwork by leading scholars of social policy, this book will appeal to students and scholars of Asian social policy, comparative development and social policy, social welfare and Chinese studies.

Author : Martin Ravallion
Publisher : World Bank Publications
Page : 48 pages
File Size : 46,13 MB
Release : 2003
Category : Commercial policy
ISBN :

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Abstract: Chen and Ravallion use China's national household surveys for rural and urban areas to measure and explain the welfare impacts of the changes in goods and factor prices attributed to WTO accession. Price changes are estimated separately using a general equilibrium model to capture both direct and indirect effects of the initial tariff changes. The welfare impacts are first-order approximations based on a household model incorporating own-production activities and are calibrated to the household-level data imposing minimum aggregation. The authors find negligible impacts on inequality and poverty in the aggregate. However, diverse impacts emerge across household types and regions associated with heterogeneity in consumption behavior and income sources, with possible implications for compensatory policy responses. This paper"a product of the Poverty Team, Development Research Group"is part of a larger effort in the group to assess the household welfare impacts of economywide policy changes.

Author : Jianguo Gao
Publisher : Springer Nature
Page : 501 pages
File Size : 16,29 MB
Release : 2020-09-01
Category : Political Science
ISBN : 9811556482

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Focusing on social work and social service delivery, this book examines the social policies and programmes designed to address different societal issues and concerns across India and China. It focuses on gaining understanding of design and delivery of social welfare policies related to special interest groups, highlighting important contemporary challenges such as child labour, child abuse, exploitation of women, problems related to disabled people, mental health issue, illiteracy and unemployment. Offering a comparative perspective, the book considers the impact of political administration in both countries to critically assess key issues related to social welfare in two different political, economic, social, and cultural contexts.

Author : Douglas Besharov
Publisher : Oxford University Press
Page : 314 pages
File Size : 37,60 MB
Release : 2013-05-17
Category : Social Science
ISBN : 0199990336

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The story of China's spectacular economic growth is well known. Less well known is the country's equally dramatic, though not always equally successful, social policy transition. Between the mid- 1990s and mid-2000s---the focal period for this book---China's central government went a long way toward consolidating the social policy framework that had gradually emerged in piecemeal fashion during the initial phases of economic liberalization. Major policy decisions during the focal period included adopting a single national pension plan for urban areas, standardizing unemployment insurance, (re)establishing nationwide rural health care coverage, opening urban education systems to children of rural migrants, introducing trilingual education policies in ethnic minority regions, expanding college enrolment, addressing the challenge of HIV/AIDS more comprehensively, and equalizing social welfare spending across provinces, among others. Unresolved is the direction of policy in the face of longer-term industrial and demographic trends---and the possibility of a chronically weak global economy. Chinese Social Policy in a Time of Transition offers scholars, practitioners, students, and policymakers a foundation from which to explore those issues based on a composite snapshot of Chinese social policy at its point of greatest maturation prior to the 2007 global crisis.

Author : Joe C. B. Leung
Publisher : John Wiley & Sons
Page : 195 pages
File Size : 17,4 MB
Release : 2015-04-21
Category : Political Science
ISBN : 0745690475

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The extraordinary rise of China is one of the greatest global stories of recent times. However, China's development has been described as ‘uneven, uncoordinated, and unsustainable’, and has now reached a critical turning point. To transform itself into a successful high-income economy, China urgently needs to develop a new welfare regime. Social policy and social welfare programmes are pivotal not only to meet mounting social needs but also to promote social cohesion. This timely book explores key turning points in China’s trajectory, from the creation of a socialist egalitarian society promising a relatively stable livelihood at the expense of economic development, through the market-oriented reforms which have dismantled the traditional social protection system. The authors present the formidable social challenges ahead, including demographic shift, residential migration, and corrosive inequalities, and outline the emerging forms of social security protection in urban and rural areas, community-based social care services, non-governmental organizations and the social work profession. To redress inequalities and strengthen social cohesion, China needs to construct a robust developmental and redistributive strategy with shared responsibility between different levels of governments, as well as between civil society, the state and the market. This comprehensive and astute guide to one of China’s key current challenges will be welcomed by students and scholars of social policy, welfare, sociology and political science, and all interested in contemporary China.