Lewisian Turning Point In The Chinese Economy

Author: R. Minami
Publisher: Springer
ISBN: 1137397268
Size: 13.46 MB
Format: PDF
View: 5020
Download Read Online

Lewisian Turning Point In The Chinese Economy from the Author: R. Minami. This volume is concerned with labor market developments in China from a comparative perspective on selected East and South Asian countries. It closely examines the changing structure of China's labor market in the context of the Lewisisan turning point in ecomomic development.

Lewisian Turning Point In The Chinese Economy

Author: R. Minami
Publisher: Springer
ISBN: 1137397268
Size: 22.89 MB
Format: PDF, ePub, Mobi
View: 3260
Download Read Online

Lewisian Turning Point In The Chinese Economy from the Author: R. Minami. This volume is concerned with labor market developments in China from a comparative perspective on selected East and South Asian countries. It closely examines the changing structure of China's labor market in the context of the Lewisisan turning point in ecomomic development.

Beyond Demographic Dividends

Author: Fang Cai
Publisher: World Scientific
ISBN: 9814520896
Size: 54.53 MB
Format: PDF, ePub, Mobi
View: 6195
Download Read Online

Beyond Demographic Dividends from the Author: Fang Cai. This book presents empirical observations and theoretical thinking of the fundamental changes in the Chinese economy. It starts with a warning of the arrival of the Lewis Turning Point, which is empirically proven by disappearance of surplus labor force and a rapid increase in wages of unskilled workers. It further reveals that China's rapid population-aging trend is diminishing the demographic dividend that has kept China's economic growth rate high. Subsequently, it touches upon employment challenges that arise after reaching the Lewis Turning Point, further propelling urbanization, a balanced regional development, and so on. Finally, it introduces middle-income trap which is one of the biggest challenges China is facing, followed by recommendation of policies for the Chinese government to tackle the challenges ahead. This book should be of great interest to graduates, undergraduates, researchers and specialists who follow closely the economic development and demographic transition of China, the world's most populous country. Contents:The Arrival of the Lewis Turning Point:How Many Turning Points will China's Economy Experience?Finding the Arrival of the Lewis Turning Point and Its Policy ImplicationExtended Reading: Demographic Transition, Demographic Dividend, and Lewis Turning Point in ChinaThe Disappearance of Demographic Dividends:How China is Dealing with the Problem of “Growing Old Before Becoming Rich”How China Responds to the Disappearance of Demographic DividendsExtended Reading: Demographic Dividend: New Source of Economic GrowthEnd of the Unlimited Labor Supply Era in China:The Era of Unlimited Labor Supply Ends in ChinaThe “Peasant Worker Shortage” Reflects the New Relationship of Labor Supply and Labor DemandMaintaining Composure and Positively Responding to the Changes in Labor RelationsExtended Reading: Wage Increases, Wage Convergence, and the Lewis Turning Point in ChinaEmployment Challenges After Reaching the Lewis Turning Point:Increased Urgency of Employment Challenges in the Long TermThe Implication of Wage Convergence in the Urban Labor MarketPromoting Healthy Development of China's Labor MarketExtended Reading: Growing Pains: What Employment Dilemma Does China Face at Its Lewisian Turning Point?Further Propelling Urbanization and Balanced Regional Development:Awareness of the “Mezzogiorno Trap” in the Central and Western RegionsFacts and Models about the Urbanization of Peasant WorkersA Tale of Two Cities: Diversity in the Household Registration System ReformExtended Reading: The Hukou Reform and Unification of Rural-Urban Social WelfareAvoiding the Middle-Income Trap:Maintaining Sustainable Economic Growth Requires Giving Priority to the Development of EducationHow to Deal with the Challenge of “Growing Old Before Becoming Rich”The Crux of the Continually Increasing Income InequalityExtended Reading: Is There a “Middle-Income Trap?” China's Theories, Experiences, and Importance Readership: Graduates, undergraduates, researchers and specialists who follow closely the economic development and demographic transition of China. Keywords:China;Demographic Dividend;Lewis Turning Point;Growth Pattern;Middle-Income TrapKey Features:Touches upon the hottest issues facing the economic growth and demographic changes in China, with in-depth studies and original findingsOffers authoritative and comprehensive perspectives, with each chapter attached to an academic paper to provide more empirical evidencesThe author is among the top 50 economists in China. As the Director of the Institute of Population Studies at the Chinese Academy of Social Sciences, the author is an influential figure in both academic circles and in the policy-making arena

Modern Economic Development In Japan And China

Author: X. Huang
Publisher: Springer
ISBN: 1137323086
Size: 15.60 MB
Format: PDF, Kindle
View: 4564
Download Read Online

Modern Economic Development In Japan And China from the Author: X. Huang. The contributors provide a comparative analysis of the modern economic development of Japan and China that are often explained in frameworks of East Asian developmentalism, varies of capitalism or world economic system, and explore their broader significances for the rise and global expansion of modern economy.

Chronicle Of A Decline Foretold

Author: Mitali Das
Publisher: International Monetary Fund
ISBN: 1475594054
Size: 23.65 MB
Format: PDF, ePub, Docs
View: 1115
Download Read Online

Chronicle Of A Decline Foretold from the Author: Mitali Das. China is on the eve of a demographic shift that will have profound consequences on its economic and social landscape. Within a few years the working age population will reach a historical peak, and then begin a precipitous decline. This fact, along with anecdotes of rapidly rising migrant wages and episodic labor shortages, has raised questions about whether China is poised to cross the Lewis Turning Point, a point at which it would move from a vast supply of low-cost workers to a labor shortage economy. Crossing this threshold will have far-reaching implications for both China and the rest of the world. This paper empirically assesses when the transition to a labor shortage economy is likely to occur. Our central result is that on current trends, the Lewis Turning Point will emerge between 2020 and 2025. Alternative scenarios—with higher fertility, greater labor participation rates, financial reform or higher productivity—may peripherally delay or accelerate the onset of the turning point, but demographics will be the dominant force driving the depletion of surplus labor.

Debating The Lewis Turning Point In China

Author: Yiping Huang
Publisher: Routledge
ISBN: 1134925913
Size: 69.14 MB
Format: PDF, Mobi
View: 3145
Download Read Online

Debating The Lewis Turning Point In China from the Author: Yiping Huang. HUANG Yiping is Professor of Economics at the China Center for Economic Research, National School of Development, Peking University, China. He is also an adjunct professor at the Australian National University and a member of the China Finance 40 Forum. His current research focuses on macroeconomic policy, international finance and rural development. CAI Fang is Director, Professor and Fellow at the Institute of Population and Labor Economics, Chinese Academy of Social Sciences, China. He serves as Vice Chairman of the China Population Association. His current research focuses on China’s labor migration, population and development, economic reform, income distribution and poverty.

The China Population And Labor Yearbook Volume 2

Author: Fang Cai
Publisher: BRILL
ISBN: 9004173536
Size: 15.54 MB
Format: PDF, Mobi
View: 4340
Download Read Online

The China Population And Labor Yearbook Volume 2 from the Author: Fang Cai. This English-language volume is an edited collection including several translations of articles from the 2008 and 2009 Chinese-language volumes of the Green Book of Population and Labor. Demographic scholar and economist Cai Fang offers policy guidance to the central government for an era of less favorable demographic circumstances than those experienced in the past.

China Linking Markets For Growth

Author: Ross Garnaut
Publisher: ANU E Press
ISBN: 1921313382
Size: 76.11 MB
Format: PDF, Docs
View: 391
Download Read Online

China Linking Markets For Growth from the Author: Ross Garnaut. China's prosperity is at the core of the emerging Platinum Age of global economic growth. Rapid economic growth has been underpinned by expansion in its domestic markets, and the integration of domestic and international markets in goods, services, capital, labour and foreign exchange. Global commodity prices have reached historic highs, while Chinas capital outflows have helped to hold down interest rates worldwide. Linking markets, both domestic and international, has been key to Chinas success. In sustaining its strong economic growth, China has become one of the worlds most voracious consumers of energy. The challenge now facing the government and people of China is in achieving cooperation with the international community to avert the costs - both economic and environmental - of accelerating energy consumption. CHINA: LINKING MARKETS FOR GROWTH gathers together leading scholars on Chinas economic success and its effect on the world economy into the next few decades.

The Oxford Companion To The Economics Of China

Author: Shenggen Fan
Publisher: OUP Oxford
ISBN: 0191030236
Size: 55.76 MB
Format: PDF, ePub, Docs
View: 379
Download Read Online

The Oxford Companion To The Economics Of China from the Author: Shenggen Fan. China's rise as an economic powerhouse raises a number of questions that are the subject of lively debate. How did the country do it? How applicable are the lessons of China's economic reform of the past thirty years to the challenges it faces in the next three decades? What does the detailed pattern of China's success and challenges look like the sub-sectoral and sub-national levels, and what does this mean for future policy? How will China's role as a global economic player evolve? This Oxford Companion to the Economics of China presents an original collection of perspectives on the Chinese economy's past, present and future. The contributors of these entries include: the best of young Chinese researchers based in China and outside; renowned academics from the top universities in China, Europe, and North America; present and past senior officials of international agencies like the World Bank and the International Monetary Fund; senior Chinese government officials from the Centre and the Provinces; and four recipients of the Nobel Prize in Economics. The Companion consists of 99 entries written by the leading China analysts of our time. The topics covered include: The China Model, Future Prospects for China , China and the Global Economy, Trade and the Chinese Economy, Macroeconomics and Finance, Urbanisation, Industry and Markets, Agriculture and Rural Development, Land, Infrastructure and Environment, Population and Labour, Dimensions of Wellbeing and Inequality, Health and Education, Gender Equity, Regional Divergence in China, and China's Provinces: Selected Perspectives. The Editors are four global leaders in Chinese economic analysis and policy who between them have held or hold the following positions: Director General, International Food Policy Research Institute; Co-Editor, China Economic Review; President Chinese Economists Society; Assistant Director of Research at the IMF; Principal Adviser to the Chief Economist of the World Bank; and Professors of Economics at Ivy League Universities.

China

Author: Ross Garnaut
Publisher: ANU E Press
ISBN: 1921666293
Size: 27.11 MB
Format: PDF, Kindle
View: 6365
Download Read Online

China from the Author: Ross Garnaut. China has made some remarkable achievements during the first three decades of economic reform and opening up, rising to become one of the world's most dynamic and globally-integrated market economies. Yet there remains much unfinished business on the reform and development agenda, coupled with newly emerging challenges. CHINA: THE NEXT TWENTY YEARS OF REFORM AND DEVELOPMENT highlights how the deepening of reforms in critical areas such as domestic factor markets, the exchange rate regime and the health system, combined with the strengthening of channels for effective policy implementation, will enable China to cope with the challenges that lie ahead. These include responding to the pending exhaustion of the unlimited supply of labour; playing a constructive role in reducing global trade imbalances; enhancing firms' ability to innovate; coping with migration, urbanisation and rising inequalities on scales unknown in world history; and dealing with rising energy and metal demand in an era in which low-carbon growth has become a necessity rather than a choice.