Economic Transformation and Income Distribution in China over Three Decades

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Cai Meng (Minzu University of China) Bjorn Gustafsson (Göteborgs Universitet, Sweden and IZA - Institute of Labor Economics, Germany)

Economic Transformation and Income Distribution in China over Three Decades

Cai Meng (Minzu University of China), Bjorn Gustafsson (Göteborgs Universitet, Sweden and IZA - Institute of Labor Economics, Germany), John Knight (University of Oxford and the Oxford Chinese Economy Programme (OXCEP))

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English

Cambridge University Press
16 November 2023

Economic growth; Development economics

Series: Elements in Development Economics

It is arguable that the most important event in the world economy in recent decades has been the rise of China, from being on a par with Sub Sahara Africa at the start of economic reform to being an economic superpower today. That rise remains under-researched. Moreover, the great structural changes which accompanied economic growth require examination. The nationally representative China Household Income Project (CHIP) surveys, conducted for the years 1988, 1995, 2002, 2007, 2013, and 2018, permit a detailed examination of many important aspects of a country's economic development. Much of the analysis of this Element is closely related to, and largely caused by, China's remarkable economic growth and income distribution over the thirty years. This title is also available as Open Access on Cambridge Core.

By: Cai Meng (Minzu University of China), Bjorn Gustafsson (Göteborgs Universitet, Sweden and IZA - Institute of Labor Economics, Germany), John Knight (University of Oxford and the Oxford Chinese Economy Programme (OXCEP))
Imprint: Cambridge University Press
Country of Publication: United Kingdom
Dimensions: Height: 235mm, Width: 165mm, Spine: 11mm
Weight: 266g
ISBN: 9781009467933
ISBN 10: 100946793X
Series: Elements in Development Economics
Pages: 75
Publication Date: 16 November 2023
Audience: General/trade , ELT Advanced
Format: Hardback
Publisher's Status: Active

1. Introduction; 2. Why has China grown so fast?; 3. Rural development: from being farmer to work as wage earner or self-employed; 4. The Labour Market and Economic Reform: from Labour System to Labour Market; 5. The Labour Market and Migration: from Labour Surplus to Labour Scarcity; 6. Public revenues, expenditures and inequality; 7. The urban-rural gap and the changed distribution of income and wealth; 8. The development of Inequality of Opportunities and Poverty; 9. Inequality by gender and ethnicity; 10. The growth of China's middle class; 11. Summary and Conclusions; Appendix.