Inequality in China – Trends, Drivers and Policy Remedies

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Release : 2018-06-05
Genre : Business & Economics
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Book Rating : 531/5 ( reviews)

Inequality in China – Trends, Drivers and Policy Remedies - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Inequality in China – Trends, Drivers and Policy Remedies write by Ms.Sonali Jain-Chandra. This book was released on 2018-06-05. Inequality in China – Trends, Drivers and Policy Remedies available in PDF, EPUB and Kindle. 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.

Rising Inequality in China

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Release : 2013-10-31
Genre : Business & Economics
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Book Rating : 915/5 ( reviews)

Rising Inequality in China - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Rising Inequality in China write by Shi Li. This book was released on 2013-10-31. Rising Inequality in China available in PDF, EPUB and Kindle. This book examines the evolution of economic inequality in China from 2002 to 2007; a sequel to Inequality and Public Policy in China (2008).

Economic Growth and Income Inequality in China, India and Singapore

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Release : 2017-07-05
Genre : Business & Economics
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Book Rating : 906/5 ( reviews)

Economic Growth and Income Inequality in China, India and Singapore - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Economic Growth and Income Inequality in China, India and Singapore write by Pundarik Mukhopadhaya. This book was released on 2017-07-05. Economic Growth and Income Inequality in China, India and Singapore available in PDF, EPUB and Kindle. 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.

How China Escaped the Poverty Trap

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Release : 2016-09-06
Genre : History
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Book Rating : 403/5 ( reviews)

How China Escaped the Poverty Trap - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook How China Escaped the Poverty Trap write by Yuen Yuen Ang. This book was released on 2016-09-06. How China Escaped the Poverty Trap available in PDF, EPUB and Kindle. WINNER OF THE 2017 PETER KATZENSTEIN BOOK PRIZE "BEST OF BOOKS IN 2017" BY FOREIGN AFFAIRS WINNER OF THE 2018 VIVIAN ZELIZER PRIZE BEST BOOK AWARD IN ECONOMIC SOCIOLOGY "How China Escaped the Poverty Trap truly offers game-changing ideas for the analysis and implementation of socio-economic development and should have a major impact across many social sciences." ― Zelizer Best Book in Economic Sociology Prize Committee Acclaimed as "game changing" and "field shifting," How China Escaped the Poverty Trap advances a new paradigm in the political economy of development and sheds new light on China's rise. How can poor and weak societies escape poverty traps? Political economists have traditionally offered three answers: "stimulate growth first," "build good institutions first," or "some fortunate nations inherited good institutions that led to growth." Yuen Yuen Ang rejects all three schools of thought and their underlying assumptions: linear causation, a mechanistic worldview, and historical determinism. Instead, she launches a new paradigm grounded in complex adaptive systems, which embraces the reality of interdependence and humanity's capacity to innovate. Combining this original lens with more than 400 interviews with Chinese bureaucrats and entrepreneurs, Ang systematically reenacts the complex process that turned China from a communist backwater into a global juggernaut in just 35 years. Contrary to popular misconceptions, she shows that what drove China's great transformation was not centralized authoritarian control, but "directed improvisation"—top-down directions from Beijing paired with bottom-up improvisation among local officials. Her analysis reveals two broad lessons on development. First, transformative change requires an adaptive governing system that empowers ground-level actors to create new solutions for evolving problems. Second, the first step out of the poverty trap is to "use what you have"—harnessing existing resources to kick-start new markets, even if that means defying first-world norms. Bold and meticulously researched, How China Escaped the Poverty Trap opens up a whole new avenue of thinking for scholars, practitioners, and anyone seeking to build adaptive systems.

Inequality and Growth in Modern China

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Release : 2008-04-03
Genre : Business & Economics
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Book Rating : 170/5 ( reviews)

Inequality and Growth in Modern China - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Inequality and Growth in Modern China write by Guanghua Wan. This book was released on 2008-04-03. Inequality and Growth in Modern China available in PDF, EPUB and Kindle. 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.