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.

China's Rebalancing and Gender Inequality

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Publisher : International Monetary Fund
ISBN 13 : 1513573772
Total Pages : 27 pages
Book Rating : 4.5/5 (135 download)

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Book Synopsis China's Rebalancing and Gender Inequality by : International Monetary Fund

Download or read book China's Rebalancing and Gender Inequality written by International Monetary Fund and published by International Monetary Fund. This book was released on 2021-05-11 with total page 27 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper examines gender inequality in the context of structural transformation and rebalancing in China. We document declining women's relative wages and labor force participation in China during the last two decades, despite rapid growth and expansion of the service sector. Using household data, we provide evidence consistent with a U-shaped relationship between economic development and women's labor market outcomes. Using a model of structural transformation, we show that labor market barriers for women have increased over time. Model counterfactuals suggest that removing these barriers and increasing service sector productivity can boost both gender equality and economic growth in China.

Causes and Consequences of Income Inequality

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Publisher : International Monetary Fund
ISBN 13 : 1513547437
Total Pages : 39 pages
Book Rating : 4.5/5 (135 download)

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Book Synopsis Causes and Consequences of Income Inequality by : Ms.Era Dabla-Norris

Download or read book Causes and Consequences of Income Inequality written by Ms.Era Dabla-Norris and published by International Monetary Fund. This book was released on 2015-06-15 with total page 39 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper analyzes the extent of income inequality from a global perspective, its drivers, and what to do about it. The drivers of inequality vary widely amongst countries, with some common drivers being the skill premium associated with technical change and globalization, weakening protection for labor, and lack of financial inclusion in developing countries. We find that increasing the income share of the poor and the middle class actually increases growth while a rising income share of the top 20 percent results in lower growth—that is, when the rich get richer, benefits do not trickle down. This suggests that policies need to be country specific but should focus on raising the income share of the poor, and ensuring there is no hollowing out of the middle class. To tackle inequality, financial inclusion is imperative in emerging and developing countries while in advanced economies, policies should focus on raising human capital and skills and making tax systems more progressive.

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).

Myth of the Social Volcano

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Publisher : Stanford University Press
ISBN 13 : 0804769419
Total Pages : 266 pages
Book Rating : 4.8/5 (47 download)

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Book Synopsis Myth of the Social Volcano by : Martin Whyte

Download or read book Myth of the Social Volcano written by Martin Whyte and published by Stanford University Press. This book was released on 2010-02-24 with total page 266 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book reports the results of the first systematic nationwide survey in China of the attitudes that ordinary Chinese citizens have toward increased inequalities generated by the market reform program launched in 1978.

One Country, Two Societies

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Publisher : Harvard University Press
ISBN 13 : 9780674036307
Total Pages : 462 pages
Book Rating : 4.0/5 (363 download)

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Book Synopsis One Country, Two Societies by : Martin K. Whyte

Download or read book One Country, Two Societies written by Martin K. Whyte and published by Harvard University Press. This book was released on 2010-02-25 with total page 462 pages. Available in PDF, EPUB and Kindle. Book excerpt: "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.

Inequality of Opportunity, Inequality of Income and Economic Growth

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Publisher : International Monetary Fund
ISBN 13 : 1484396987
Total Pages : 23 pages
Book Rating : 4.4/5 (843 download)

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Book Synopsis Inequality of Opportunity, Inequality of Income and Economic Growth by : Mr.Shekhar Aiyar

Download or read book Inequality of Opportunity, Inequality of Income and Economic Growth written by Mr.Shekhar Aiyar and published by International Monetary Fund. This book was released on 2019-02-15 with total page 23 pages. Available in PDF, EPUB and Kindle. Book excerpt: We posit that the relationship between income inequality and economic growth is mediated by the level of equality of opportunity, which we identify with intergenerational mobility. In economies characterized by intergenerational rigidities, an increase in income inequality has persistent effects—for example by hindering human capital accumulation— thereby retarding future growth disproportionately. We use several recently developed internationally comparable measures of intergenerational mobility to confirm that the negative impact of income inequality on growth is higher the lower is intergenerational mobility. Our results suggest that omitting intergenerational mobility leads to misspecification, shedding light on why the empirical literature on income inequality and growth has been so inconclusive.

Urban Inequality and Segregation in Europe and China

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Author :
Publisher : Springer Nature
ISBN 13 : 3030745449
Total Pages : 372 pages
Book Rating : 4.0/5 (37 download)

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Book Synopsis Urban Inequality and Segregation in Europe and China by : Gwilym Pryce

Download or read book Urban Inequality and Segregation in Europe and China written by Gwilym Pryce and published by Springer Nature. This book was released on 2021-11-16 with total page 372 pages. Available in PDF, EPUB and Kindle. Book excerpt: This open access book explores new research directions in social inequality and urban segregation. With the goal of fostering an ongoing dialogue between scholars in Europe and China, it brings together an impressive team of international researchers to shed light on the entwined processes of inequality and segregation, and the implications for urban development. Through a rich collection of empirical studies at the city, regional and national levels, the book explores the impact of migration on cities, the related problems of social and spatial segregation, and the ramifications for policy reform. While the literature on both segregation and inequality has traditionally been dominated by European and North American studies, there is growing interest in these issues in the Chinese context. Economic liberalization, rapid industrial restructuring, the enormous growth of cities, and internal migration, have all reshaped the country profoundly. What have we learned from the European and North American experience of segregation and inequality, and what insights can be gleaned to inform the bourgeoning interest in these issues in the Chinese context? How is China different, both in terms of the nature and the consequences of segregation inequality, and what are the implications for future research and policy? Given the continued rise of China’s significance in the world, and its recent declaration of war on poverty, this book offers a timely contribution to scholarship, identifying the core insights to be learned from existing research, and providing important guidance on future directions for policy makers and researchers.

Urban Socio-Economic Segregation and Income Inequality

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Publisher : Springer Nature
ISBN 13 : 303064569X
Total Pages : 520 pages
Book Rating : 4.0/5 (36 download)

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Book Synopsis Urban Socio-Economic Segregation and Income Inequality by : Maarten van Ham

Download or read book Urban Socio-Economic Segregation and Income Inequality written by Maarten van Ham and published by Springer Nature. This book was released on 2021-03-29 with total page 520 pages. Available in PDF, EPUB and Kindle. Book excerpt: This open access book investigates the link between income inequality and socio-economic residential segregation in 24 large urban regions in Africa, Asia, Australia, Europe, North America, and South America. It offers a unique global overview of segregation trends based on case studies by local author teams. The book shows important global trends in segregation, and proposes a Global Segregation Thesis. Rising inequalities lead to rising levels of socio-economic segregation almost everywhere in the world. Levels of inequality and segregation are higher in cities in lower income countries, but the growth in inequality and segregation is faster in cities in high-income countries. This is causing convergence of segregation trends. Professionalisation of the workforce is leading to changing residential patterns. High-income workers are moving to city centres or to attractive coastal areas and gated communities, while poverty is increasingly suburbanising. As a result, the urban geography of inequality changes faster and is more pronounced than changes in segregation levels. Rising levels of inequality and segregation pose huge challenges for the future social sustainability of cities, as cities are no longer places of opportunities for all.

Does Corruption Affect Income Inequality and Poverty?

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Publisher : International Monetary Fund
ISBN 13 : 1451849842
Total Pages : 42 pages
Book Rating : 4.4/5 (518 download)

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Book Synopsis Does Corruption Affect Income Inequality and Poverty? by : Mr.Sanjeev Gupta

Download or read book Does Corruption Affect Income Inequality and Poverty? written by Mr.Sanjeev Gupta and published by International Monetary Fund. This book was released on 1998-05-01 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper demonstrates that high and rising corruption increases income inequality and poverty by reducing economic growth, the progressivity of the tax system, the level and effectiveness of social spending, and the formation of human capital, and by perpetuating an unequal distribution of asset ownership and unequal access to education. These findings hold for countries with different growth experiences, at different stages of development, and using various indices of corruption. An important implication of these results is that policies that reduce corruption will also lower income inequality and poverty.

Communities in Action

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Publisher : National Academies Press
ISBN 13 : 0309452961
Total Pages : 583 pages
Book Rating : 4.3/5 (94 download)

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Book Synopsis Communities in Action by : National Academies of Sciences, Engineering, and Medicine

Download or read book Communities in Action written by National Academies of Sciences, Engineering, and Medicine and published by National Academies Press. This book was released on 2017-04-27 with total page 583 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the United States, some populations suffer from far greater disparities in health than others. Those disparities are caused not only by fundamental differences in health status across segments of the population, but also because of inequities in factors that impact health status, so-called determinants of health. Only part of an individual's health status depends on his or her behavior and choice; community-wide problems like poverty, unemployment, poor education, inadequate housing, poor public transportation, interpersonal violence, and decaying neighborhoods also contribute to health inequities, as well as the historic and ongoing interplay of structures, policies, and norms that shape lives. When these factors are not optimal in a community, it does not mean they are intractable: such inequities can be mitigated by social policies that can shape health in powerful ways. Communities in Action: Pathways to Health Equity seeks to delineate the causes of and the solutions to health inequities in the United States. This report focuses on what communities can do to promote health equity, what actions are needed by the many and varied stakeholders that are part of communities or support them, as well as the root causes and structural barriers that need to be overcome.

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.

Income Inequality

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Publisher : Stanford University Press
ISBN 13 : 0804786755
Total Pages : 541 pages
Book Rating : 4.8/5 (47 download)

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Book Synopsis Income Inequality by : Janet C. Gornick

Download or read book Income Inequality written by Janet C. Gornick and published by Stanford University Press. This book was released on 2014-08-01 with total page 541 pages. Available in PDF, EPUB and Kindle. Book excerpt: This state-of-the-art volume presents comparative, empirical research on a topic that has long preoccupied scholars, politicians, and everyday citizens: economic inequality. While income and wealth inequality across all populations is the primary focus, the contributions to this book pay special attention to the middle class, a segment often not addressed in inequality literature. Written by leading scholars in the field of economic inequality, all 17 chapters draw on microdata from the databases of LIS, an esteemed cross-national data center based in Luxembourg. Using LIS data to structure a comparative approach, the contributors paint a complex portrait of inequality across affluent countries at the beginning of the 21st century. The volume also trail-blazes new research into inequality in countries newly entering the LIS databases, including Japan, Iceland, India, and South Africa.

China and the Transformation of Global Capitalism

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Publisher : JHU Press
ISBN 13 : 0801893089
Total Pages : 223 pages
Book Rating : 4.8/5 (18 download)

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Book Synopsis China and the Transformation of Global Capitalism by : Ho-fung Hung

Download or read book China and the Transformation of Global Capitalism written by Ho-fung Hung and published by JHU Press. This book was released on 2009-09-15 with total page 223 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume explains China's economic rise and liberalization and assesses how this growth is reshaping the structure and dynamics of global capitalism in the twenty-first century. China has historically been the center of Asian trade, economic, and financial networks, and its global influence continues to expand in the twenty-first century. In exploring the causes for and effects of China's re surging power, this volume takes a broad, long-term view that reaches well beyond economics for answers. Contributors explore the vast web of complex issues raised by China's ascendancy. The first three chapters discuss the global and historical origins of China's shift to a market economy and that transformation's impact on the international market system. Subsequent essays explore the ability of large Chinese manufacturers to counter the might of transnational retailers, the effect of China's rise on world income distribution and labor, and the consequences of a stronger China for its two most powerful neighbors, Russia and Japan. The concluding chapter questions whether China's growth is sustainable and if it will ultimately shift the center of global capitalism from the West to the East.

Education and Reform in China

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Publisher : Routledge
ISBN 13 : 1135984700
Total Pages : 298 pages
Book Rating : 4.1/5 (359 download)

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Book Synopsis Education and Reform in China by : Emily Hannum

Download or read book Education and Reform in China written by Emily Hannum and published by Routledge. This book was released on 2012-11-12 with total page 298 pages. Available in PDF, EPUB and Kindle. Book excerpt: Transformative market reforms in China since the late 1970s have improved living standards dramatically, but have also led to unprecedented economic inequality. During this period, China’s educational system was restructured to support economic development, with educational reforms occurring at a startling pace. Today, the educational system has diversified in structure, finance, and content; it has become more market-oriented; and it is serving an increasingly diverse student population. These changes carry significant consequences for China’s social mobility and inequality, and future economic prospects. In Education and Reform in China, leading scholars in the fields of education, sociology, demography, and economics investigate the evolution of educational access and attainment, educational quality, and the economic consequences of being educated. Education and Reform in China shows that economic advancement is increasingly tied to education in China, even as educational services are increasingly marketized. The volume investigates the varying impact of change for different social, ethnic, economic and geographic groups. Offering interdisciplinary views on the changing role of education in Chinese society, and on China’s educational achievements and policy challenges, this book will be an important resource for those interested in education, public policy, and development issues in China.

Inequality in Asia and the Pacific

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Publisher : Routledge
ISBN 13 : 1134670206
Total Pages : 437 pages
Book Rating : 4.1/5 (346 download)

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Book Synopsis Inequality in Asia and the Pacific by : Ravi Kanbur

Download or read book Inequality in Asia and the Pacific written by Ravi Kanbur and published by Routledge. This book was released on 2014-02-24 with total page 437 pages. Available in PDF, EPUB and Kindle. Book excerpt: Asia’s rapid economic growth has led to a significant reduction in extreme poverty, but accompanied by rising inequality. This book deals with three questions: What have been the trends of inequality in Asia and the Pacific? What are the key drivers of rising inequality in the region? How should Asian countries respond to the rising inequality? Technological change, globalization, and market-oriented reform have been the key drivers of Asia’s remarkable growth and poverty reduction, but they have also had significant distribution consequences. These three drivers of growth cannot be hindered because they are the sources of productivity improvement and betterment of quality of life. This book will be useful to those interested in policy options that could be deployed by Asian countries in confronting rising inequality.

Income Distribution During System Reform and Economic Development in China

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Publisher : Nova Publishers
ISBN 13 : 9781594540080
Total Pages : 438 pages
Book Rating : 4.5/5 (4 download)

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Book Synopsis Income Distribution During System Reform and Economic Development in China by : Zongsheng Chen

Download or read book Income Distribution During System Reform and Economic Development in China written by Zongsheng Chen and published by Nova Publishers. This book was released on 2005 with total page 438 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book is concerned with research on income distribution inequality of Chinese residents in the last 20 years of the 20th century and the beginning of the 21th century. Measuring and making clear the status of inequality of every consisting parts of normal income of Chinese residents is an important concept. First, on the basis of the statistical data and the estimated data, as well as several kinds of methods that are used to calculate income inequality and suited for the available data, the authors computed the population-income Gini Coefficients of normal income inequality respectively for China's national, urban and rural areas. Second, by using urban/rural income ratio, Theil index and others, they measured the status and trends of Chinese urban/rural gap and regional income disparity, as well as their influence on the whole income inequality. Third, by case study and decomposition analysis some main factors, which had impacts on income inequality of urban and rural residents in China, and their influence, were researched. Fourth, the authors studied and measured the status and changes of the poor population and poverty rates in rural and urban areas in China. Fifth, the trend of inequality of normal income of Chinese residents was predicted at large, and the status of distribution inequality of Chinese residents was judged.