Inequality in China – Trends, Drivers and Policy Remedies

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Publisher : International Monetary Fund
ISBN 13 : 1484357531
Total Pages : 31 pages
Book Rating : 4.4/5 (843 download)

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Book Synopsis Inequality in China – Trends, Drivers and Policy Remedies by : Ms.Sonali Jain-Chandra

Download or read book Inequality in China – Trends, Drivers and Policy Remedies written by Ms.Sonali Jain-Chandra and published by International Monetary Fund. This book was released on 2018-06-05 with total page 31 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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 and Growth in Modern China

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Publisher : OUP Oxford
ISBN 13 : 0191560170
Total Pages : 237 pages
Book Rating : 4.1/5 (915 download)

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Book Synopsis Inequality and Growth in Modern China by : Guanghua Wan

Download or read book Inequality and Growth in Modern China written by Guanghua Wan and published by OUP Oxford. This book was released on 2008-04-03 with total page 237 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume provides comprehensive updated coverage of inequality and poverty issues in China. Some of the methodologies developed herein are published for the first time and may be used in other contexts and for other countries. The use of different data sources and state-of-art research techniques ensures that the findings and conclusions can be substantiated and that the policy recommendations are reliable and robust. Contributors to this volume are renowned experts in their respective areas, including, notably, Justin Lin, Xing Meng, Kai-yuen Tsui, and Guanghua Wan. For these reasons, those with an interest in income distribution in general and China's development in particular, will find this volume essential reading. Rapidly rising inequality in China has contributed to the sluggishness of domestic demand and emerging poverty. It has thus exerted considerable pressure for commodity exports and represents a root cause of increased trade disputes. These have profound ramifications for the US, EU, and other economies, and the international business community. Consequently, economists and sociologists, among others, are increasingly focused upon inequality and poverty issues in China and relevant policy implications. This volume, arising from a two-year UNU-WIDER project, addresses issues that include the inequality-growth relationship, regional/personal variation in incomes and human well-being such as education, the determinants of inequality and poverty or their changes, gaps in innovation capability, and the role played by China's development strategies in affecting inequality.

Economic Development and Inequality in China

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Author :
Publisher : Routledge
ISBN 13 : 1136885080
Total Pages : 183 pages
Book Rating : 4.1/5 (368 download)

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Book Synopsis Economic Development and Inequality in China by : Hong Yu

Download or read book Economic Development and Inequality in China written by Hong Yu and published by Routledge. This book was released on 2017-09-29 with total page 183 pages. Available in PDF, EPUB and Kindle. Book excerpt: The conventional belief that all regions have equally benefited from China’s remarkable development over the last three decades is subjected to criticism in this book as Hong Yu systematically analyses the issue of regional inequality during the post-1978 period using the case of Guangdong. Guangdong is one of the key industrial centres and economic powerhouses in China and as a pioneer province, instigating economic reform as China opened up to the world, it offers an ideal focus upon which to question and enrich the Western theories of economic geography and regional disparity. Based on field research, analysis of geographic characteristics and regression models, this book illustrates how Guangdong’s impressive development record has been marred by its rising regional disparity, investigates the main causes of this disparity, and draws conclusions regarding the lessons China can learn from it. Economic Development and Inequality in China will be of interest to students and scholars of Chinese economics, Chinese regional studies, economic geography and China Studies. Hong Yu is a Visiting Research Fellow at the National University of Singapore. His research interests lie in the field of regional economy. He is the author of a chapter on China’s two delta regions in the book "China and The Global Economic Crisis".

Income Inequality in China. Development and Underlying Drivers

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Publisher : GRIN Verlag
ISBN 13 : 3346188450
Total Pages : 103 pages
Book Rating : 4.3/5 (461 download)

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Book Synopsis Income Inequality in China. Development and Underlying Drivers by : Christian Wagner

Download or read book Income Inequality in China. Development and Underlying Drivers written by Christian Wagner and published by GRIN Verlag. This book was released on 2020-06-24 with total page 103 pages. Available in PDF, EPUB and Kindle. Book excerpt: Thesis (M.A.) from the year 2019 in the subject Business economics - Economic Policy, grade: 1,7, University of Bayreuth, language: English, abstract: This thesis aims to shed light to the various characteristics and sources of income inequality in China and thereby demonstrate their interrelations on economic growth using a literature review approach and by examining the impact of differences in the propensity to save among various Chinese income groups. In the course of this, China’s current degree of income inequality is established, while identifying various forces and drivers behind these changes since the economic opening process initiated in 1978. Since adoption of the open-market policy reforms in 1978, China has experienced rapid economic growth. At the same time, its level of income inequality turned from one of the world's most equal to one of the most unequal. During long periods of time China was the country that experienced the fastest increase in income inequality. This bags the question whether income inequality is in fact the causal reason for economic growth or the necessary outcome of it. In the wake of this, income inequality in China has developed into several dimensions of inequality drivers ranging from an extensive urban-rural inequality, cross-regional inequality, inequality of education or wealth inequalities.

Economic Growth and Income Inequality in China, India and Singapore

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Publisher : Routledge
ISBN 13 : 1351568906
Total Pages : 208 pages
Book Rating : 4.3/5 (515 download)

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Book Synopsis Economic Growth and Income Inequality in China, India and Singapore by : Pundarik Mukhopadhaya

Download or read book Economic Growth and Income Inequality in China, India and Singapore written by Pundarik Mukhopadhaya and published by Routledge. This book was released on 2017-07-05 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt: The world at large is watching both China and India as powerhouses of economic growth. The two nations have achieved significantly high rates of economic growth ever since their respective economies liberalized in 1978 and 1991. Singapore, despite its limited land size and almost total dependence on external trade, has performed remarkably well and has moved from the third world to the first. This book documents and explains the rapid economic growth of the three key Asian economies.The book also looks at what has happened to income inequality in the context of superior growth performance. It makes comparative assessments and examines the implications for the three nations. Since free markets have nothing in them to produce a reduction in income inequality among persons/households, one must at best hope for equality of opportunity notably reflected in identical schooling for all; identical health care for all; and minimal rather than vulgar inequality in housing. This book is particularly useful for both China and India which may wish to study and learn from Singapore in regard to the policies, programmes and projects aimed at ensuring equality of opportunity. The book is backed by considerable expertise on the part of the researchers, with demonstrated expertise through their publications spawning a few decades. It is invaluable to those who are concerned with designing policies for developing countries aimed at rapid and inclusive economic growth.This book has been made possible by the intellectual and financial support extended by the Global Asia Institute, National University of Singapore.

Rising Inequality in China

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Publisher : Cambridge University Press
ISBN 13 : 1107002915
Total Pages : 531 pages
Book Rating : 4.1/5 (7 download)

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Book Synopsis Rising Inequality in China by : Shi Li

Download or read book Rising Inequality in China written by Shi Li and published by Cambridge University Press. This book was released on 2013-10-31 with total page 531 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines the evolution of economic inequality in China from 2002 to 2007; a sequel to Inequality and Public Policy in China (2008).

Partially Awakened Giants

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Publisher : World Bank Publications
ISBN 13 :
Total Pages : 34 pages
Book Rating : 4./5 ( download)

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Book Synopsis Partially Awakened Giants by : Shubham Chaudhuri

Download or read book Partially Awakened Giants written by Shubham Chaudhuri and published by World Bank Publications. This book was released on 2006 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt: Abstract: The paper examines the ways in which recent economic growth has been uneven in China and India and what this has meant for inequality and poverty. Drawing on analyses based on existing household survey data and aggregate data from official sources, the authors show that growth has indeed been uneven-geographically, sectorally, and at the household level-and that this has meant uneven progress against poverty, less poverty reduction than might have been achieved had growth been more balanced, and an increase in income inequality. The paper then examines why growth was uneven and why this should be of concern. The discussion is structured around the idea that there are both "good" and "bad" inequalities-drivers and dimensions of inequality and uneven growth that are good or bad in terms of what they imply for both equity and long-term growth and development. The authors argue that the development paths of both China and India have been influenced by, and have generated, both types of inequalities and that while good inequalities-most notably those that reflect the role of economic incentives-have been critical to the growth experience thus far, there is a risk that bad inequalities-those that prevent individuals from connecting to markets and limit investment and accumulation of human capital and physical capital-may undermine the sustainability of growth in the coming years. The authors argue that policies are needed that preserve the good inequalities-continued incentives for innovation and investment-but reduce the scope for bad ones, notably through investments in human capital and rural infrastructure that help the poor connect to markets.

Regional Inequality in China

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Publisher : Routledge
ISBN 13 : 1135972257
Total Pages : 273 pages
Book Rating : 4.1/5 (359 download)

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Book Synopsis Regional Inequality in China by : Shenggen Fan

Download or read book Regional Inequality in China written by Shenggen Fan and published by Routledge. This book was released on 2009-04 with total page 273 pages. Available in PDF, EPUB and Kindle. Book excerpt: As regional inequality looms large in the policy debate in China, this volume brings together a selection of papers from authors whose work has had real impact on policy, so that researchers and policy makers can have access to them in one place.

The Political Economy of Uneven Development

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Publisher : M.E. Sharpe
ISBN 13 : 9780765640208
Total Pages : 286 pages
Book Rating : 4.6/5 (42 download)

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Book Synopsis The Political Economy of Uneven Development by : Shaoguang Wang

Download or read book The Political Economy of Uneven Development written by Shaoguang Wang and published by M.E. Sharpe. This book was released on 1999-06-29 with total page 286 pages. Available in PDF, EPUB and Kindle. Book excerpt: Exploring one of the most dynamic and contested regions of the world, this series includes works on political, economic, cultural, and social changes in modern and contemporary Asia and the Pacific.

Market Development in China

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Publisher : Edward Elgar Publishing
ISBN 13 : 9781782541752
Total Pages : 296 pages
Book Rating : 4.5/5 (417 download)

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Book Synopsis Market Development in China by : Belton M. Fleisher

Download or read book Market Development in China written by Belton M. Fleisher and published by Edward Elgar Publishing. This book was released on 2007-01-01 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt: Presents the analysis of specialists on causes, benefits and problems resulting from China's transition to a market economy. This book deals with several facets of China's economic growth and its rising income inequality. It provides evidence on China's social and economic inequalities and their causes.

Regional Inequality in Transitional China

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Publisher : Routledge
ISBN 13 : 135166977X
Total Pages : 286 pages
Book Rating : 4.3/5 (516 download)

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Book Synopsis Regional Inequality in Transitional China by : Felix Haifeng Liao

Download or read book Regional Inequality in Transitional China written by Felix Haifeng Liao and published by Routledge. This book was released on 2020-09-17 with total page 286 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book investigates uneven regional development in China – with particular focus on the cases of Guangdong and Zheijiang provinces – which have been at the forefront of debate since Chinese economic reform. Rapid economic growth since the ‘opening-up’ of China has been accompanied by significant disparities in the regional distribution of income: this book represents one of the most recent studies to present a picture of this inequality. Built upon a multi-scale and multi-mechanism framework, it provides systematic examination of both the patterns and mechanisms of regional development and inequality in provincial China, emphasizing the effects of economic transition. Approaching from a geographical perspective, its authors consider the interplay between the local, the state, and the global forces in shaping the landscape of regional inequality in China. Extensive empirical findings will prove useful to those researching other developing countries within the frontier of globalization and economic transition. Regional Inequality in Transitional China will appeal to scholars and students of geography, economics and Chinese studies more broadly.

Inequality and Public Policy in China

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Publisher : Cambridge University Press
ISBN 13 : 113947006X
Total Pages : 19 pages
Book Rating : 4.1/5 (394 download)

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Book Synopsis Inequality and Public Policy in China by : Björn A. Gustafsson

Download or read book Inequality and Public Policy in China written by Björn A. Gustafsson and published by Cambridge University Press. This book was released on 2008-04-07 with total page 19 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Unequal China

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Publisher : Routledge
ISBN 13 : 1136229973
Total Pages : 266 pages
Book Rating : 4.1/5 (362 download)

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Book Synopsis Unequal China by : Wanning Sun

Download or read book Unequal China written by Wanning Sun and published by Routledge. This book was released on 2013-05-07 with total page 266 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economic development and a dramatic improvement in living standards in many parts of the People’s Republic of China during the past three decades of economic reforms have been hailed by the Chinese Communist Party and many commentators in the international arena as the most spectacular achievements in the history of humanity. However, three decades of economic reforms have also transformed China from one of the world’s most egalitarian societies into one of the most unequal. This book offers a comprehensive account of inequality in China from an interdisciplinary perspective. It both draws on, and speaks to, the existing body of literature that is generated mainly in the fields of economics and sociology, while extending its scope to also examine the political, social, moral and cultural dimensions of inequality. Each chapter addresses the question of inequality from a specific context of research, including housing, health care, social welfare, education, migration, land distribution, law, gender and sexuality. Moving beyond traditional socio-economic theories, the contributors to this volume explore a wide range of social, political, economic and cultural practices that result from, as well as further entrench, the inequalities in Chinese society. Importantly, the essays in Unequal China probe the hidden causes of inequality - namely, the role of state power and the importance of culture - and underline how both state power and cultural factors have a key part to play in legitimating inequality. With an innovative approach that moves beyond the economic and sociological roots of inequality in China, this volume is a welcome addition to what is a growing field of study, and will appeal to students and scholars interested in Chinese culture and society, Chinese politics and Asian social policy.

Economic Development in the Context of China

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Publisher : Springer
ISBN 13 : 0230380182
Total Pages : 232 pages
Book Rating : 4.2/5 (33 download)

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Book Synopsis Economic Development in the Context of China by : C. Tisdell

Download or read book Economic Development in the Context of China written by C. Tisdell and published by Springer. This book was released on 1992-12-09 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt: The author takes a fresh look at China's economic policies, development strategies and economic experiences since 1978. General economic principles and analysis are applied in a comparative framework which provides useful insights for assessing China's economic strategies and its implication for other developing countries. Among the topics discussed are market reforms, new technology and technology transfer, foreign direct investment, regional development, poverty and income inequality, agricultural development, industrial development, enterprise management, the tourism industry, population policies and international issues raised by China's economic development.

Economic Growth, Income Distribution and Poverty Reduction in Contemporary China

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Publisher : Routledge
ISBN 13 : 1134321406
Total Pages : 204 pages
Book Rating : 4.1/5 (343 download)

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Book Synopsis Economic Growth, Income Distribution and Poverty Reduction in Contemporary China by : Shujie Yao

Download or read book Economic Growth, Income Distribution and Poverty Reduction in Contemporary China written by Shujie Yao and published by Routledge. This book was released on 2004-11-10 with total page 204 pages. Available in PDF, EPUB and Kindle. Book excerpt: China has experienced over a quarter century of rapid economic growth, which has had a phenomenal impact on the global economy. Entering into the twenty-first century implies that China has begun a new phase of economic and social development. Yao reviews the economic development history of contemporary China from 1949 to the present, paying special attention to growth, inequality and poverty reduction. A real Chinese economic miracle should have two important features: high income growth and a fair distribution system so that poverty can be eradicated.

Growing (Un)equal: Fiscal Policy and Income Inequality in China and BRIC+

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Author :
Publisher : International Monetary Fund
ISBN 13 : 1484300602
Total Pages : 26 pages
Book Rating : 4.4/5 (843 download)

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Book Synopsis Growing (Un)equal: Fiscal Policy and Income Inequality in China and BRIC+ by : Mr. Serhan Cevik

Download or read book Growing (Un)equal: Fiscal Policy and Income Inequality in China and BRIC+ written by Mr. Serhan Cevik and published by International Monetary Fund. This book was released on 2015-03-25 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper investigates the empirical characteristics of income inequality in China and a panel of BRIC+ countries over the period 1980–2013, with a focus on the redistributive contribution of fiscal policy. Using instrumental variable techniques to deal with potential endogeneity, we find evidence supporting the hypothesis of the existence of a Kuznets curve—an inverted Ushaped relationship between income inequality and economic development—in China and the panel of BRIC+ countries. In the case of China, the empirical results indicate that government spending and taxation have opposing effects on income inequality. While government spending appears to have a worsening impact, taxation improves income distribution. Even though the redistributive effect of fiscal policy in China appears to be stronger than what we identify in the BRIC+ panel, it is not large enough to compensate for the adverse impact of other influential factors.

A New Economic Growth Engine for China

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Publisher : World Scientific
ISBN 13 : 9814425532
Total Pages : 307 pages
Book Rating : 4.8/5 (144 download)

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Book Synopsis A New Economic Growth Engine for China by : Wing Thye Woo

Download or read book A New Economic Growth Engine for China written by Wing Thye Woo and published by World Scientific. This book was released on 2012 with total page 307 pages. Available in PDF, EPUB and Kindle. Book excerpt: From various aspects of the domestic and foreign situation, China has now reached a critical juncture in its economic development. This volume is a report by leading international economic experts on China's economic priorities in the coming years.