The Global Welfare Impact of China

The Global Welfare Impact of China PDF 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.

The Global Welfare Impact of China

The Global Welfare Impact of China PDF Author: Mr.Julian Di Giovanni
Publisher: International Monetary Fund
ISBN: 1475535236
Category : Business & Economics
Languages : en
Pages : 50

Get Book Here

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.

China's Social Policy

China's Social Policy PDF Author: Kinglun Ngok
Publisher: Routledge
ISBN: 1317937007
Category : Social Science
Languages : en
Pages : 268

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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

Household Welfare Impacts of China's Accession to the World Trade Organization

Household Welfare Impacts of China's Accession to the World Trade Organization PDF Author: Martin Ravallion
Publisher: World Bank Publications
ISBN:
Category : Commercial policy
Languages : en
Pages : 48

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Book Description
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.

Chinese Social Policy in a Time of Transition

Chinese Social Policy in a Time of Transition PDF Author: Douglas Besharov
Publisher:
ISBN: 019999031X
Category : Business & Economics
Languages : en
Pages : 314

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Book Description
Examines the consolidation of Chinese social policy, partly as a result of economic liberalization and expansion.

Welfare, Environment and Changing US-Chinese Relations

Welfare, Environment and Changing US-Chinese Relations PDF 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.

Managing Social Change and Social Policy in Greater China

Managing Social Change and Social Policy in Greater China PDF Author: Ka-Ho Mok
Publisher: Routledge
ISBN: 1134575076
Category : Political Science
Languages : en
Pages : 260

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Book Description
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.

China's Social Welfare

China's Social Welfare PDF Author: Joe C. B. Leung
Publisher: John Wiley & Sons
ISBN: 0745690475
Category : Political Science
Languages : en
Pages : 195

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Book Description
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.

Social Policy in China

Social Policy in China PDF Author: Chak Kwan Chan
Publisher: Policy Press
ISBN: 1861348800
Category : Political Science
Languages : en
Pages : 248

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Book Description
This much-needed new textbook introduces readers to the development of China's welfare polices since its conception of an open-door policy in 1978. Setting out basic concepts and issues, including key terms and the process of policy making, it overcomes a major barrier to understanding Chinese social policy. The book explores in detail the five key policy areas of employment, social security, health, education and housing. Each is examined using a human well-being framework comprising both qualitative and quantitative data and eight dimensions: physical and psychological well-being, social integration, fulfilment of caring duties, human learning and development, self-determination, equal value and just polity. This enables the authors to provide not only factual information on policies but also an in-depth understanding of the impact of welfare changes on the quality of life of Chinese people over the past three decades. A major strength of the book lies in its use of primary Chinese language sources, including relevant White Papers, central and local government policy documents, academic research studies and newspapers for each policy area. There are very few books in English on social policy in China, and this book will be welcomed both by academics and students of China and East Asian studies and comparative social policy and by those who want to know more about China's social development.

Urbanization and Social Welfare in China

Urbanization and Social Welfare in China PDF Author: Gordon G. Liu
Publisher: Routledge
ISBN: 1351143514
Category : Business & Economics
Languages : en
Pages : 420

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Book Description
China's urban population growth rate has doubled in the past 20 years and the Chinese government has made further urbanization a developmental priority. How Chinese cities cope with such rapid population increases has become a question of critical concern. This book provides an analysis of the welfare implications of China's urbanization, the development of the labour market including migration between rural and urban sectors, and natural and social environmental issues arising from urbanization. The book covers both academic and policy perspectives and, together with its sister volume Urban Transformation in China, brings together a comprehensive and multi-disciplinary overview of China's urbanization.

Social Welfare in India and China

Social Welfare in India and China PDF 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.