China S Labor Market Performance And Challenges

Author : Mr.Ray Brooks,Tao Ran
Publisher : International Monetary Fund
Page : 25 pages
File Size : 50,9 Mb
Release : 2003-11-01
Category : Business & Economics
ISBN : 9781451874815

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China's Labor Market Performance and Challenges by Mr.Ray Brooks,Tao Ran Pdf

A more market-oriented labor market has emerged in China in the past twenty years with growing importance of the urban private sector, as state-owned enterprises have downsized. Despite the progress on reforms, a sizable surplus of labor still exists in the rural sector and state-owned enterprises. The main challenge facing China’s labor market in coming years is to absorb the surplus labor into quality jobs while adjusting to World Trade Organization (WTO) accession. This paper estimates that if annual GDP growth averages 7 percent and the employment elasticity is one-half, urban unemployment could double to about 10 percent over the next three to four years. These pressures would be limited by stronger economic growth, especially in the private sector and more labor-intensive service industries which have generated the most jobs in recent years. Therefore, policy should focus on encouraging private sector development while reducing barriers to labor mobility, improving worker skills, upgrading job search services, and strengthening the social safety net.

Author : Douglas Zhihua Zeng
Publisher : World Bank Publications
Page : 35 pages
File Size : 45,5 Mb
Release : 2005
Category : Banks and Banking Reform
ISBN : 8210379456XXX

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China's Employment Challenges and Strategies After the WTO Accession by Douglas Zhihua Zeng Pdf

"Although China has made impressive progress in economic development and improving social well-being, it is facing many daunting challenges while transforming toward a knowledge and service-based economy and further opening up to international competition after its WTO accession in the context of knowledge revolution. One of the biggest challenges is how to create 100--300 million new jobs in the coming decade to absorb the millions of laid-offs, rural emigrants, and newly added labor force. China has been successful in building high-technology parks and information and communications technology (ICT) industries, but they are limited in terms of employment generation, while most of the traditional labor-intensive industries are losing competitiveness due to low productivity. To combat the unprecedented employment challenge, China must implement a systemic and sustained strategy ... " -- Cover verso.

Author : Mr.Waikei W. Lam,Xiaoguang Liu,Mr.Alfred Schipke
Publisher : International Monetary Fund
Page : 34 pages
File Size : 47,9 Mb
Release : 2015-07-13
Category : Business & Economics
ISBN : 9781513570693

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China’s Labor Market in the “New Normal” by Mr.Waikei W. Lam,Xiaoguang Liu,Mr.Alfred Schipke Pdf

As China implements reforms under the “new normal,” maintaining stability in the labor market is a priority. The country’s demography and labor dynamics are changing, after benefitting in past decades from ample cheap labor. So far, the labor market appears to be resilient, even as growth slows, driven in part by expansion of the services sector. Migrant flows and possible labor hoarding in overcapacity sectors may also help explain this. Yet, while the latter two factors help serve as shock absorbers— contributing to labor market stability in the short term—if they persist, they may delay the needed adjustment process, contributing to an inefficient allocation of resources and curtailing productivity gains. This paper quantifies to what extent structural trends and the reform pace affect employment growth under the new normal. Delays in reform implementation would weaken growth prospects in the medium term, running the risk that job creation will fall below policy targets, leading to labor market pressures in the future. In contrast, successful transition might require faster reforms, including in the overcapacity and state-owned enterprise sectors, supported by well targeted social safety nets.

Author : Solomon W. Polachek,Konstantinos Tatsiramos
Publisher : Emerald Group Publishing
Page : 218 pages
File Size : 55,9 Mb
Release : 2013-06-25
Category : Business & Economics
ISBN : 9781781907566

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Labor Market Issues in China by Solomon W. Polachek,Konstantinos Tatsiramos Pdf

After three decades of economic reform, China is experiencing substantial demographic changes and a steady structural transformation toward a market economy. This volume presents fresh knowledge on labor market issues in China including topics such as: occupational choice and mobility, over-qualification and hiring, cost of displacement, and the pe

Author : Anonim
Publisher : Unknown
Page : 216 pages
File Size : 51,9 Mb
Release : 1996
Category : Employment forecasting
ISBN : UCSD:31822023673841

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Changes in China's Labor Market by Anonim Pdf

Author : Xinxin Ma
Publisher : Springer
Page : 303 pages
File Size : 45,5 Mb
Release : 2018-12-30
Category : Business & Economics
ISBN : 9789811319877

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Economic Transition and Labor Market Reform in China by Xinxin Ma Pdf

This book empirically investigates the changes in labor market structure accompanying the labor market reform in China by focusing on the labor market segmentation problems from the 1980s to 2013. The book also aims to examine the effect of labor policy reforms on individual, household and enterprise behavior, including the causes and consequences of labor market reform in China, particularly the influences of labor policy reforms on labor market performance. Offering valuable insights into the changing structure of the Chinese economy, this book will be of interest to scholars, activists, and economists.

Author : Douglas Zhihua Zeng
Publisher : Unknown
Page : 128 pages
File Size : 54,9 Mb
Release : 2012
Category : Electronic
ISBN : OCLC:931674456

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China???s Employment Challenges and Strategies After the WTO Accession by Douglas Zhihua Zeng Pdf

Although China has made impressive progress in economic development and improving social well-being, it is facing many daunting challenges while transforming toward a knowledge and service-based economy and further opening up to international competition after its WTO accession in the context of knowledge revolution. One of the biggest challenges is how to create 100-300 million new jobs in the coming decade to absorb the millions of laid-offs, rural emigrants and newly added labor force. China has been successful in building high-tech parks and ICT industries, but they are limited in terms of employment generation, while most of the traditional labor-intensive industries are losing competitiveness due to low productivity. In order to combat the unprecedented employment challenge, China must implement a systemic and sustained strategy, which may consist of the following policy thrusts: encouraging the private sector; promoting small and medium enterprises; expanding the service sector; reforming the state-owned enterprises; strengthening the social security system; improving labor market flexibility; and establishing mass retraining programs.

Author : John Knight,Lina Song
Publisher : OUP Oxford
Page : 276 pages
File Size : 42,5 Mb
Release : 2005-03-24
Category : Business & Economics
ISBN : 9780191529665

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Towards a Labour Market in China by John Knight,Lina Song Pdf

China's remarkable economic transition and capacity for dynamic growth has stunned the world. Throughout the period of economic reform, China has been moving towards the creation of a labour market. The scale of this transformation is unprecedented. New economic incentives, vast labour migration, draconian retrenchment of state workers, and sharply rising wage inequality are all characteristic of this unique transition. Drawing on more than a decade of survey-based research, the authors systematically document and analyse this important transformation. They use economic and sociological theory, institutional analysis and political economy to fully explain the causes, pressures, obstacles and consequences of the move towards a labour market in China. It is argued that much progress has been made towards the creation of a labour market but that the process is far from complete.

Author : Grace O.M. Lee,Malcolm Warner
Publisher : Routledge
Page : 309 pages
File Size : 53,7 Mb
Release : 2006-09-27
Category : Business & Economics
ISBN : 9781134195268

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Unemployment in China by Grace O.M. Lee,Malcolm Warner Pdf

Unemployment in China offers a new and invaluable insight into the Chinese economy, keenly analyzing the new directions the world's next superpower is now taking. Successfully bringing together a wide range of research and evidence from leading scholars in the field, this book shows how unemployment is one of the key issues facing the Chinese economy. China's market-oriented economic reform and industrial restructuring, while greatly improving efficiency, have also sharply reduced overstaffing, leading to a large increase in unemployment. At the same time, further restructuring is predicted as the full impact of the accession to the WTO is felt throughout China. A further problem is that new jobs in China's growth industries are more likely to be secured by younger, better-qualified workers than by older, poorly educated and unskilled workers who have been laid off. This book discusses a wide range of issues related to the growing unemployment problem in China and examines the problems in particular cities, appraises the government response, and assesses the prospects going forward.

Author : Guifu Chen,Shigeyuki Hamori
Publisher : Springer Science & Business Media
Page : 122 pages
File Size : 50,5 Mb
Release : 2013-11-29
Category : Business & Economics
ISBN : 9783642411090

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Rural Labor Migration, Discrimination, and the New Dual Labor Market in China by Guifu Chen,Shigeyuki Hamori Pdf

This book studies some important issues in China’s labor market, such as rural labor migration, employment and wage discrimination, the new dual labor market, and economic returns on schooling, using the newer and representative data and advanced estimation models. This approach has yielded many interesting results, including a solution to the dilemma of two ongoing crises since 2004: the rural labor surplus and severe shortage of migrant labor. While male workers generally received less favorable treatment and consequently enjoyed a lower average employment probability than female workers in 1996, they also received preferential treatment over female workers, who otherwise had identical worker characteristics in 2005. We provide new estimates for male-female hourly wage differentials in urban China, and our results indicate that the hourly wage differentials and the unexplained part of the hourly wage differentials are smaller than the differentials obtained by ignoring the sample selection bias. We study China’s new dual labor market, which is shifting from a rural migration versus urban workers setup to informal workers versus formal workers setup, and present some interesting results. Our study is the first to adopt the IV methodology and the Heckman (1979) two-step procedure simultaneously for the estimation of economic returns on schooling in China.

Author : 劉洋
Publisher : Trans Pacific Press
Page : 0 pages
File Size : 40,9 Mb
Release : 2013-07
Category : Literary Collections
ISBN : 4876982856

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China’s Urban Labor Market by 劉洋 Pdf

In the last two decades, the expansion of China's urban labor market has gone through dynamic job creation and destruction, as well as large-scale rural-urban immigration. The marketization since the early 1980s has made great progress in the transition to a real labor market. This book offers a novel analysis of China's labor market using modern structural econometric models. The book examines the issues of the disequilibrium of labor supply and demand in China. It also looks at the impact of rural-urban immigration on the urban labor market. China's Urban Labor Market provides analyses of the economic reasons behind the high unemployment rate in China, and explains why it coexists with a shortage of workers in recent years. (Series: Premiere Collection)

Author : W. Raphael Lam,Xiaoguang Liu,Alfred Schipke
Publisher : Unknown
Page : 128 pages
File Size : 46,8 Mb
Release : 2015
Category : Labor market
ISBN : 1513511963

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China's Labor Market in the "new Normal" by W. Raphael Lam,Xiaoguang Liu,Alfred Schipke Pdf

As China implements reforms under the "new normal," maintaining stability in the labor market is a priority. The country's demography and labor dynamics are changing, after benefitting in past decades from ample cheap labor. So far, the labor market appears to be resilient, even as growth slows, driven in part by expansion of the services sector. Migrant flows and possible labor hoarding in overcapacity sectors may also help explain this. Yet, while the latter two factors help serve as shock absorbers- contributing to labor market stability in the short term-if they persist, they may delay the

Author : Ying Chen
Publisher : Palgrave Macmillan
Page : 0 pages
File Size : 52,5 Mb
Release : 2024-03-15
Category : Business & Economics
ISBN : 9819991595

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China’s Labor Market in the Transition by Ying Chen Pdf

This book explores the dynamics of the Chinese labor market, the largest in the world. The sheer scale of rural laborers living in cities is the ultimate engine driving the fastest urbanization the world has ever seen. Today, the country faces a series of new challenges as it tries to address problems of unemployment and under-employment. These include population ageing, automation, the increasing use of AI on the factory floor and other workplaces and Chinese manufacturers’ move up the value chain. The book presents an empirically rich and analytically rigorous account of how these challenges might be met. It will be of interest to labor economists, scholars of Chinese manufacturing, and researchers of the Chinese economy.

Author : Zuliu Hu
Publisher : Unknown
Page : 34 pages
File Size : 45,8 Mb
Release : 1994
Category : Business enterprises
ISBN : UCSD:31822018841643

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Social Protection, Labor Market Rigidity, and Enterprise Restructuring in China by Zuliu Hu Pdf

Author : Xinxin Ma
Publisher : Springer Nature
Page : 190 pages
File Size : 48,6 Mb
Release : 2021-05-05
Category : Business & Economics
ISBN : 9789813369047

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Female Employment and Gender Gaps in China by Xinxin Ma Pdf

This open access book investigates female employment and the gender gap in the labor market and households during China’s economic transition period. It provides the reader with academic evidence for understanding the mechanism of female labor force participation, the determinants of the gender gap in the labor market, and the impact of policy transformation on women’s wages and employment in China from an economics perspective. The main content of this book includes three parts―women’s family responsibilities and women’s labor supply (child care, parent care, and women’s employment), the gender gap in the labor market and society (gender gaps in wages, Communist Party membership, and participation in social activity), and the impacts of policy transformation on women’s wages and employment (the social security system and the educational expansion policy on women’s wages and employment) in China. This book provides academic evidence about these issues based on economics theories and econometric analysis methods using many kinds of long-term Chinese national survey data. This book is highly recommended to readers who are interested in up-to-date and in-depth empirical studies of the gender gap and women’s employment in China during the economic transition period. This book is of interest to various groups such as readers who are interested in the Chinese economy, policymakers, and scholars with econometric analysis backgrounds.