Author: Xinxin Ma
Publisher: Springer
ISBN: 9811319871
Category : Business & Economics
Languages : en
Pages : 303
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Book Description
This book empirically investigates the changes in labor market structure accompanying the labor market reform in China by focusing on the labor market segmentation problems from the 1980s to 2013. The book also aims to examine the effect of labor policy reforms on individual, household and enterprise behavior, including the causes and consequences of labor market reform in China, particularly the influences of labor policy reforms on labor market performance. Offering valuable insights into the changing structure of the Chinese economy, this book will be of interest to scholars, activists, and economists.
Author:
Publisher:
ISBN:
Category : Employment forecasting
Languages : en
Pages : 216
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Book Description
Author: Mr.Ray Brooks
Publisher: International Monetary Fund
ISBN: 1451874812
Category : Business & Economics
Languages : en
Pages : 25
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Book Description
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: Mr.Waikei W. Lam
Publisher: International Monetary Fund
ISBN: 1513585401
Category : Business & Economics
Languages : en
Pages : 34
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Book Description
As China implements reforms under the “new normal,” maintaining stability in the labor market is a priority. The country’s demography and labor dynamics are changing, after benefitting in past decades from ample cheap labor. So far, the labor market appears to be resilient, even as growth slows, driven in part by expansion of the services sector. Migrant flows and possible labor hoarding in overcapacity sectors may also help explain this. Yet, while the latter two factors help serve as shock absorbers— contributing to labor market stability in the short term—if they persist, they may delay the needed adjustment process, contributing to an inefficient allocation of resources and curtailing productivity gains. This paper quantifies to what extent structural trends and the reform pace affect employment growth under the new normal. Delays in reform implementation would weaken growth prospects in the medium term, running the risk that job creation will fall below policy targets, leading to labor market pressures in the future. In contrast, successful transition might require faster reforms, including in the overcapacity and state-owned enterprise sectors, supported by well targeted social safety nets.
Author: Solomon W. Polachek
Publisher: Emerald Group Publishing
ISBN: 1781907560
Category : Business & Economics
Languages : en
Pages : 218
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Book Description
After three decades of economic reform, China is experiencing substantial demographic changes and a steady structural transformation toward a market economy. This volume presents fresh knowledge on labor market issues in China including topics such as: occupational choice and mobility, over-qualification and hiring, cost of displacement, and the pe
Author: Xin Meng
Publisher: Cambridge University Press
ISBN: 1139431676
Category : Business & Economics
Languages : en
Pages : 241
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Book Description
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: Liu Xiaoguang
Publisher: World Scientific
ISBN: 9811208603
Category : Business & Economics
Languages : en
Pages : 248
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Book Description
Author: Juwei ZHANG
Publisher: BRILL
ISBN: 9004435808
Category : Social Science
Languages : en
Pages : 144
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Book Description
This volume reviews China’s new economy and new employment. Featured reports cover topics including economic growth, employee resettlement, labor relations, innovative industries and others.
Author: Fei-Ling Wang
Publisher: Rowman & Littlefield
ISBN: 9780847688807
Category : Business & Economics
Languages : en
Pages : 376
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Book Description
Discusses the institutional framework and operation of four co-existing labour allocation patterns: the traditional family-based system, authoritarian state allocation, community-based labour markets, and the emerging national labour market.
Author: Wei Chi
Publisher:
ISBN:
Category : Economics
Languages : en
Pages : 0
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Book Description
China's emerging labor market was buffeted by changes in demand and supply and institutional changes in the last two decades. Using the Chinese Urban Household Survey data from 1989 to 2009, our study shows that the market responded with substantial changes in the structure of wages and in employment and types of jobs that workers obtained that mirrors the adjustments found in labor markets in advanced economies. However, the one place where the Chinese labor market appears to diverge from the labor markets in advanced countries is the rapid convergence in earnings and occupational positions of cohorts who entered the job market under more or less favorable conditions. On this dimension, China's labor market seems more flexible than those in other countries. Three related factors may explain this pattern: (1) the rapid growth of China's economy; (2) the high rate of employee turnover; (3) the relative weakness of internal labor markets in China. Bottom line, the Chinese labor market has responded about as well as one could expect to the changes in the demand and supply factors and institutional shocks in this critical period in Chinese economic history.
