Lewisian Turning Point In The Chinese Economy

Author: R. Minami
Publisher: Springer
ISBN: 1137397268
Size: 60.77 MB
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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: 80.74 MB
Format: PDF, ePub
View: 347
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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: 22.27 MB
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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

The Oxford Companion To The Economics Of China

Author: Shenggen Fan
Publisher: OUP Oxford
ISBN: 0191030236
Size: 67.10 MB
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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.

Debating The Lewis Turning Point In China

Author: Yiping Huang
Publisher: Routledge
ISBN: 1134925913
Size: 48.19 MB
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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.

Modern Economic Development In Japan And China

Author: X. Huang
Publisher: Springer
ISBN: 1137323086
Size: 48.18 MB
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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: 1475525192
Size: 71.11 MB
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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.

The China Population And Labor Yearbook Volume 2

Author: Fang Cai
Publisher: BRILL
ISBN: 9004173536
Size: 61.11 MB
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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.

The China Boom And Its Discontents

Author: Ross Garnaut
Publisher: ANU E Press
ISBN: 1920942416
Size: 57.22 MB
Format: PDF
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The China Boom And Its Discontents from the Author: Ross Garnaut. China is shaping the global economy as never before. An insatiable demand for commodities, energy resources and capital, and deepening integration to the world economy has won China acclaim. Yet 25 years of rapid industrial development, far-reaching economic reforms and increasing international competition have also created an array of challenging domestic policy demands. The China Boom and its Discontents discusses the financial and social challenges that have emerged in the wake of rapid economic growth. Recent research on demographic trends, labour movements, financial development, social security, urbanisation and trade agreements highlight the unfinished progress of reforms in China.

China

Author: Ross Garnaut
Publisher: Asia Pacific Press
ISBN:
Size: 30.68 MB
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China 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 China's capital outflows have helped to hold down interest rates worldwide. Linking markets, both domestic and international, has been key to China's success. In sustaining its strong economic growth, China has become one of the world's 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 China's economic success and its effect on the world economy into the next few decades.