Inequality in China – Trends, Drivers and Policy Remedies

Inequality in China – Trends, Drivers and Policy Remedies PDF Author: Ms.Sonali Jain-Chandra
Publisher: International Monetary Fund
ISBN: 1484357531
Category : Business & Economics
Languages : en
Pages : 31

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Book Description
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.

Inequality in China – Trends, Drivers and Policy Remedies

Inequality in China – Trends, Drivers and Policy Remedies PDF Author: Ms.Sonali Jain-Chandra
Publisher: International Monetary Fund
ISBN: 1484357531
Category : Business & Economics
Languages : en
Pages : 31

Get Book Here

Book Description
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.

Invisible China

Invisible China PDF Author: Scott Rozelle
Publisher: University of Chicago Press
ISBN: 022674051X
Category : Business & Economics
Languages : en
Pages : 242

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Book Description
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

Rising Inequality in China

Rising Inequality in China PDF Author: Shi Li
Publisher: Cambridge University Press
ISBN: 1107002915
Category : Business & Economics
Languages : en
Pages : 531

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

Rural Development in China

Rural Development in China PDF Author: Dwight Heald Perkins
Publisher: Johns Hopkins University Press
ISBN:
Category : Business & Economics
Languages : en
Pages : 256

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Book Description
Author is an alumnus of Evanston Township High School, class of 1952.

Inequality and Public Policy in China

Inequality and Public Policy in China PDF Author: Björn A. Gustafsson
Publisher: Cambridge University Press
ISBN: 113947006X
Category : Business & Economics
Languages : en
Pages : 19

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Book Description
This volume examines trends in inequality in the People's Republic of China. It contains findings on inequality nationwide, as well as within the rural and urban sectors, with an emphasis on public policy considerations. Several chapters focus on inequality of income; others analyse poverty, inequality in wealth, and the distribution of wages. Attention is given to groups such as migrants, women, and the elderly, as well as the relationship between income and health care funding and the impact of the rural tax reform. All contributors to this volume make use of a large, nationwide survey of Chinese households, the product of long-term co-operation between Chinese and international researchers that is unique in its scope and duration. Using these data, the contributors examine changes in inequality from 1988 to 2002.

The Distribution of Income in China

The Distribution of Income in China PDF Author: Keith Griffin
Publisher: Springer
ISBN: 134923026X
Category : Business & Economics
Languages : en
Pages : 367

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Book Description
Based on original data obtained from a purpose-designed nationwide household sample survey, the volume contains studies of the overall distribution of income, inequality and poverty in rural areas, wage employment in rural industries, urban wage inequalities, and the relationship between education and income. An appendix describes the household sample survey.

Growth, Inequality, and Poverty in Rural China

Growth, Inequality, and Poverty in Rural China PDF Author: Shenggen Fan
Publisher: Intl Food Policy Res Inst
ISBN: 0896291286
Category : Business & Economics
Languages : en
Pages : 90

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

China's (uneven) Progress Against Poverty

China's (uneven) Progress Against Poverty PDF Author: Shaohua Chen
Publisher: World Bank Publications
ISBN:
Category : China
Languages : en
Pages : 57

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Book Description
"While the incidence of extreme poverty in China fell dramatically over 1980-2001, progress was uneven over time and across provinces. Rural areas accounted for the bulk of the gains to the poor, though migration to urban areas helped. The pattern of growth mattered. Rural economic growth was far more important to national poverty reduction than urban economic growth. Agriculture played a far more important role than the secondary or tertiary sources of GDP. Rising inequality within the rural sector greatly slowed poverty reduction. Provinces starting with relatively high inequality saw slower progress against poverty, due both to lower growth and a lower growth elasticity of poverty reduction. Taxation of farmers and inflation hurt the poor. External trade had little short-term impact. This paper a product of the Poverty Team, Development Research Group is part of a larger effort in the group to understand the causes of country success in poverty reduction"--World Bank web site.

One Country, Two Societies

One Country, Two Societies PDF Author: Martin K. Whyte
Publisher: Harvard University Press
ISBN: 9780674036307
Category : History
Languages : en
Pages : 462

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Book Description
"A collection of essays that analyzes China's foremost social cleavage: the rural-urban gap. It examines the historical background of rural-urban relations; the size and trend in the income gap between rural and urban residents; aspects of inequality apart from income; and, experiences of discrimination, particularly among urban migrants." -- BOOK PUBLISHER WEBSITE.

Growing Unequal? Income Distribution and Poverty in OECD Countries

Growing Unequal? Income Distribution and Poverty in OECD Countries PDF Author: OECD
Publisher: OECD Publishing
ISBN: 9264044191
Category :
Languages : en
Pages : 312

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Book Description
This report provides evidence of a fairly generalised increase in income inequality over the past two decades across OECD countries, but the timing, intensity and causes of the increase differ from what is typically suggested in the media.