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Author: Peilin Li
Publisher: Springer Nature
ISBN: 9811614644
Category : Business & Economics
Languages : en
Pages : 413
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Book Description
This book includes a series of papers that mainly discuss the proposition of “double middle-income traps.” It analyzes various perspectives of middle-income groups of Russia and China including employment, education, consumption, mobility, social insurance, social values and identity, social and political participation. This book further indicates that the expansion of middle-income groups plays an important role in promoting mass consumption, maintaining continuous and stable economic growth, and overcoming the double middle-income traps. The middle class and middle-income group generally owns higher economic capital and cultural capital and is proved to be the main strength in expanding consumption by many empirical studies. However, the middle class and middle-income group has currently encountered hindrance to upward mobility, life quality, social security and class identity, which prevent the expansion of the middle-income group and improvement of social structure. Through comparing the middle-income groups of these two countries, this book gives us a panoramic view of their social and economic condition. Successfully combining theory and concrete practical guidelines, the book offers a valuable resource for all those active in this dynamic field. The book is important for students, scholars, researchers and professionals in economic and social science fields.
Author: Peilin Li
Publisher: Springer Nature
ISBN: 9811614644
Category : Business & Economics
Languages : en
Pages : 413
Get Book Here
Book Description
This book includes a series of papers that mainly discuss the proposition of “double middle-income traps.” It analyzes various perspectives of middle-income groups of Russia and China including employment, education, consumption, mobility, social insurance, social values and identity, social and political participation. This book further indicates that the expansion of middle-income groups plays an important role in promoting mass consumption, maintaining continuous and stable economic growth, and overcoming the double middle-income traps. The middle class and middle-income group generally owns higher economic capital and cultural capital and is proved to be the main strength in expanding consumption by many empirical studies. However, the middle class and middle-income group has currently encountered hindrance to upward mobility, life quality, social security and class identity, which prevent the expansion of the middle-income group and improvement of social structure. Through comparing the middle-income groups of these two countries, this book gives us a panoramic view of their social and economic condition. Successfully combining theory and concrete practical guidelines, the book offers a valuable resource for all those active in this dynamic field. The book is important for students, scholars, researchers and professionals in economic and social science fields.
Author: Peilin Li
Publisher:
ISBN: 9789811614651
Category :
Languages : en
Pages : 0
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Book Description
This book includes a series of papers that mainly discuss the proposition of "double middle-income traps." It analyzes various perspectives of middle-income groups of Russia and China including employment, education, consumption, mobility, social insurance, social values and identity, social and political participation. This book further indicates that the expansion of middle-income groups plays an important role in promoting mass consumption, maintaining continuous and stable economic growth, and overcoming the double middle-income traps. The middle class and middle-income group generally owns higher economic capital and cultural capital and is proved to be the main strength in expanding consumption by many empirical studies. However, the middle class and middle-income group has currently encountered hindrance to upward mobility, life quality, social security and class identity, which prevent the expansion of the middle-income group and improvement of social structure. Through comparing the middle-income groups of these two countries, this book gives us a panoramic view of their social and economic condition. Successfully combining theory and concrete practical guidelines, the book offers a valuable resource for all those active in this dynamic field. The book is important for students, scholars, researchers and professionals in economic and social science fields. .
Author: Zoya Nissanov
Publisher: Springer
ISBN: 3319510940
Category : Business & Economics
Languages : en
Pages : 131
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Book Description
This book studies the evolution of the middle class in Russia after the fall of the Soviet Union. Using data from the RLMS (Russian Longitudinal Monitoring Survey), the volume covers the period of transition (1991-2008) during which many fundamental economic reforms were implemented. The first part of the book is devoted to a discussion of the concept of middle class and a description of the economic situation in Russia during the transition period. Particular attention is given to variations in the distribution of Russian incomes and the estimated importance of the middle class. The second part of the book focuses on the link between the middle class and income bipolarization. The third and last section of the book uses the semiparametric "mixture model" to discover how many different groups may be derived from the income distribution in Russia, as well as what the main socio-economic and demographic characteristics of those groups are. The mobility of households into and out of the middle class during the transition period is also studied in hopes of determining the factors that contribute to such mobility. Using rigorous empirical methods, this volume sheds light on a relatively unstudied economic group and provides insight for countries which are about to enter a transition period. As such, this book will be of great interest to researchers in economics and inequality as well as professionals and practitioners working with international organizations.
Author: Cheng Li
Publisher:
ISBN: 9780815739098
Category : China
Languages : en
Pages : 0
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Book Description
In Middle Class Shanghai, Cheng Li, who grew up in Shanghai during the oppressive years of Mao's Cultural Revolution, argues that American policymakers must not lose sight of the expansive dynamism and diversity in present-day China. The caricature of China as a monolithic Communist apparatus set on exporting its ideology and development model is simplistic and misguided. Drawing on empirical research in the realms of higher education, avant-garde art, architecture, and law, Li's unique study highlights the strong, constructive impact of bilateral exchanges. Combining eclectic human stories with striking new data analysis, Li's book addresses the possibility that the development of China's class structure and cosmopolitan culture--exemplified and led by Shanghai--could provide a force for reshaping U.S.-China engagement. Both countries should build upon the deep cultural and educational exchanges that have bound them together for decades. Li concludes that U.S. .
Author: Li Peilin
Publisher: Routledge
ISBN: 1000578879
Category : Social Science
Languages : en
Pages : 181
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Book Description
There have been two “hands” exerting influence on China’s resource allocation and economic development: one is tangible (government intervention), and the other intangible (market regulation). This book focuses on a third factor, “another invisible hand,” which is social structure transformation. This two part study explores the process of China's social structure transformation while conducting a theoretical examination of its characteristics. The first part presents a theoretical analysis of the nature of social structure transformation and its economic consequences, both in general and within the Chinese context. The second part examines the transformation of urban and rural societies in contemporary China from different perspectives; including state-owned enterprises, laid-off urban workers, rural migrants, and rural industrialization. The book is written for scholars, researchers and students across the social sciences and area studies, including Sociology, Urban studies, Rural studies, Contemporary China studies and all those who are interested in economic development in China.
Author: Leslie L. Marsh
Publisher: Routledge
ISBN: 1317510763
Category : Social Science
Languages : en
Pages : 243
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Book Description
This volume examines the discursive construction of the meanings and lifestyle practices of the middle class in the rapidly transforming economies of Asia, Latin America, Africa and the Middle East, focusing on the social, political and cultural implications at local and global levels. While drawing a comparative analysis of what it means to be middle class in these different locations, the essays offer a connective understanding of the middle class phenomenon in emerging market economies and lay the groundwork for future research on emerging, transitional societies. The book addresses three key dimensions: the discursive creation of the middle class, the construction of the cultural identity through consumption practices and lifestyle choices, and the social, political and cultural consequences related to globalization and neoliberalism.
Author: Stephen White
Publisher: Routledge
ISBN: 1351336878
Category : Political Science
Languages : en
Pages : 151
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Book Description
The statistics detailing the socioeconomic growth of Russia and China are impressive. On some projections, China will be the world’s largest economy by 2050, and Russia will be the sixth largest. Yet despite this impressive record of economic growth, a striking feature of both countries is the inegalitarian nature of their development – notwithstanding the (post)communist legacy. On most conventional measures, the two countries are now among the most unequal in the world, and the level of inequality has increased significantly since the 1990s. What effect does this endemic economic inequality have on political stability? From Aristotle onwards, observers have concluded that the greater the inequality within a society, the greater the likelihood of instability. This book addresses the relationship between economic inequality and political stability in Russia and China. Several chapters examine how economic performance has driven institutional reform, while others evaluate long term trends in public opinion to see how economic change has affected the public’s views of politics. The conclusion is that both regimes have proved adept at adapting to rising inequality by managing the policy agenda, guiding public opinion and co-opting or repressing political opposition. The chapters in this book originally published as a special issue in Europe-Asia Studies.
Author: OECD
Publisher: OECD Publishing
ISBN: 926415034X
Category :
Languages : en
Pages : 173
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Book Description
Middle-class households feel left behind and have questioned the benefits of economic globalisation.
Author: Shaojie Zhou
Publisher: Palgrave Macmillan
ISBN: 9789811565397
Category : Business & Economics
Languages : en
Pages : 218
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Book Description
This open access book explores one of the most fiercely debated issues in China: if and how China will surpass the middle income trap that has plagued many developing countries for years. This book gives readers a clear picture of China today and acts as a reference for other developing countries. China is facing many setbacks and experiencing an economic slowdown in recent years due to some serious issues, and income inequality is one such issue deferring China’s development potential by creating a middle income trap. This book thoroughly investigates both the unpromising factors and favorable conditions for China to overcome the trap. It illustrates that traps may be encountered at any stage of development and argues that political stability is the prerequisite to creating a favorable environment for economic development and addressing this “middle income trap”. Written by one of China's central planners, this book offers precious insights into the industrial policies that are transforming China and the world and will be of interest to China scholars, economists and political scientists.
Author: Indermit Singh Gill
Publisher: World Bank Publications
ISBN: 082136748X
Category : Business & Economics
Languages : en
Pages : 386
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Book Description
An East Asian Renaissance, by a World Bank team led by Chief Economist for East Asia & Pacific, Dr Homi Kharas and Economic Adviser, Dr Indermit Gill is the first comprehensive analysis of the new forces and challenges at play in the region since the Bank's seminal report of 1993, The East Asian Miracle. The report argues that regional flows of goods, finance and technology are helping even smaller East Asian countries reap the benefits of economies of scale and that this regional integration must be encouraged. But it also points out that these measures have to be supported by actions at the domestic level to ease the stresses and strains that rapid economic growth leaves in its wake. East Asia must now turn to the urgent domestic challenges of inequality, social cohesion, corruption and environmental degradation arising from its economic success.
