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Author: Mr.Julian Di Giovanni
Publisher: International Monetary Fund
ISBN: 1475535236
Category : Business & Economics
Languages : en
Pages : 50
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Book Description
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: Mr.Julian Di Giovanni
Publisher: International Monetary Fund
ISBN: 1475535236
Category : Business & Economics
Languages : en
Pages : 50
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Book Description
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
ISBN: 0190218134
Category : Political Science
Languages : en
Pages : 177
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Book Description
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
ISBN: 1317937015
Category : Social Science
Languages : en
Pages : 289
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Book Description
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: Maria Weber
Publisher: Edward Elgar Publishing
ISBN: 9781781958735
Category : Political Science
Languages : en
Pages : 232
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Book Description
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: David Dollar
Publisher: Brookings Institution Press
ISBN: 0815738064
Category : Political Science
Languages : en
Pages : 444
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Book Description
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: Jianguo Gao
Publisher: Springer Nature
ISBN: 9811556482
Category : Political Science
Languages : en
Pages : 501
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Book Description
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: Ka-Ho Mok
Publisher:
ISBN: 9781138579187
Category : China
Languages : en
Pages : 0
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Book Description
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, and the contributors 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.
Author: Shaohua Chen
Publisher:
ISBN:
Category :
Languages : en
Pages :
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Book Description
Data from China`s national rural and urban household surveys are used to measure and explain the welfare impacts of changes in goods and factor prices attributable to accession to the World Trade Organization. The 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 calibrated to household-level data and imposing minimum aggregation. The results show 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.
Author: Yi Pan
Publisher:
ISBN: 9783319566269
Category : Economic policy
Languages : en
Pages :
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Book Description
This comprehensive reference views China's welfare system through a cultural-historical lens to integrate its complex story into the global study of welfare. Focusing on the mainland's vast, mainly rural population and its long and complicated history, it analyzes rural welfare from the imperial dynasties, to the socialist planned economy under Mao Zedong, to its recent history in the current market economy. Findings from government and academics explore salient topics such as urban/rural inequity, the situation of migrant workers, change of social security system, the community development of the countryside, and the relationships of rural welfare policy with social structure, cultural background, economic development and political institution. This broad and deep knowledge gives readers the tools necessary for understanding the relationship of China's unique and nuanced past to its prominent status in the evolving global economy. Among the book's topics: Welfare studies in the West and China Welfare practice in the period of 1840-1949 Creation of the Socialist Welfare System: socialist reformation and construction The Social Security system in rural China, 1979-1998 Re-collectivized process in welfare and economy Welfare's political contexts: rural grass-roots democracy With its accessible, up-to-date coverage and holistic approach to its subject, Rural Welfare in China will find a diverse interested audience, including sociologists, political economists, and social policymakers.
Author: Robert C. Feenstra
Publisher: University of Chicago Press
ISBN: 0226239721
Category : Business & Economics
Languages : en
Pages : 603
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Book Description
In less than three decades, China has grown from playing a negligible role in international trade to being one of the world's largest exporters, a substantial importer of raw materials, intermediate outputs, and other goods, and both a recipient and source of foreign investment. Not surprisingly, China's economic dynamism has generated considerable attention and concern in the United States and beyond. While some analysts have warned of the potential pitfalls of China's rise—the loss of jobs, for example—others have highlighted the benefits of new market and investment opportunities for US firms. Bringing together an expert group of contributors, China's Growing Role in World Trade undertakes an empirical investigation of the effects of China's new status. The essays collected here provide detailed analyses of the microstructure of trade, the macroeconomic implications, sector-level issues, and foreign direct investment. This volume's careful examination of micro data in light of established economic theories clarifies a number of misconceptions, disproves some conventional wisdom, and documents data patterns that enhance our understanding of China's trade and what it may mean to the rest of the world.
