Income Distribution And China S Economic New Normal

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Income Distribution And China's Economic "New Normal"

Li Shi,Wan Haiyuan
Income Distribution And China s Economic New Normal Book PDF

Author : Li Shi,Wan Haiyuan
Publisher : World Scientific
Page : 324 pages
File Size : 42,8 Mb
Release : 2019-08-15
Category : Political Science
ISBN : 9789811200663

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Income Distribution And China's Economic "New Normal" by Li Shi,Wan Haiyuan Pdf

As the Chinese economy has moved to a 'New Normal' of slower growth and changed model of development, its income distribution is being affected in a number of ways. What exactly are the impacts brought by the new changes? How should we view China's income distribution on the whole? What trend will we see in the future? With regard to these and other questions that arise against the backdrop of the economic 'New Normal', the book provides an in-depth analysis of the new issues, characteristics and trends in relation to income growth rates, income and wealth gaps, and the proportion of personal income in China.

China’s Economic New Normal

Fang Cai
China s Economic New Normal Book PDF

Author : Fang Cai
Publisher : Springer Nature
Page : 168 pages
File Size : 48,5 Mb
Release : 2020-03-11
Category : Business & Economics
ISBN : 9789811532276

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China’s Economic New Normal by Fang Cai Pdf

This timely volume on China’s economic “New Normal” features articles by leading scholars from the Chinese Academy of Social Sciences and other research institutions across the country. A broad range of perennial as well as hot-bottom topics related not just to economic growth but also to its social and political ramifications are covered, including patterns of growth, income distribution, domestic consumption, the global economic dynamics, and policy responses to these and other developments. Contributors not only combine theoretical and empirical analyses of these critical issues but also examine the historical background and the social context to what may be one of the most significant developments not just for China but also for the rest of the world.

China's Economic New Normal

Feng Cai
China s Economic New Normal Book PDF

Author : Feng Cai
Publisher : Unknown
Page : 128 pages
File Size : 51,8 Mb
Release : 2020
Category : China
ISBN : 9811532281

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China's Economic New Normal by Feng Cai Pdf

This timely volume on Chinas economic "New Normal" features articles by leading scholars from the Chinese Academy of Social Sciences and other research institutions across the country. A broad range of perennial as well as hot-bottom topics related not just to economic growth but also to its social and political ramifications are covered, including patterns of growth, income distribution, domestic consumption, the global economic dynamics, and policy responses to these and other developments. Contributors not only combine theoretical and empirical analyses of these critical issues but also examine the historical background and the social context to what may be one of the most significant developments not just for China but also for the rest of the world.

China’s New Normal, Supply-side, and Structural Reform

Cai Fang
China s New Normal Supply side and Structural Reform Book PDF

Author : Cai Fang
Publisher : Routledge
Page : 218 pages
File Size : 42,7 Mb
Release : 2021-11-29
Category : Business & Economics
ISBN : 9781000466201

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China’s New Normal, Supply-side, and Structural Reform by Cai Fang Pdf

China’s continuous, rapid economic growth since the Reform and Opening up of the country in the early 1980s has been praised as a miracle of the world economy. However, since 2012, the rate of growth has slowed down, rendering some people pessimistic about the country’s economic prospects. This title is a collection of a leading Chinese economists’ views on China’s economic growth and structural reform. The author argues that China’s economy has entered “the new normal”, meaning that slowed growth rate is not a cyclical phenomenon but a change in the stage of economic development. Therefore, there is a need to enact supply-side structural reforms, such as improved efficiency of resource reallocation, while shifting the mode of development from one of inputs to innovation. In addition, the author discusses the five major concepts of development proposed for the “13th Five-Year Plan”, as well as some critical topics related to supply-side structural reform, such as agricultural development, labor employment, and product quality. Scholars and students of macroeconomics, development economics, and the Chinese economy will find this book to be essential reading.

China's Economy In Transformation Under The New Normal

Sarah Yueting Tong,Jing Wan
China s Economy In Transformation Under The New Normal Book PDF

Author : Sarah Yueting Tong,Jing Wan
Publisher : #N/A
Page : 244 pages
File Size : 43,5 Mb
Release : 2017-07-07
Category : Business & Economics
ISBN : 9789813208216

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China's Economy In Transformation Under The New Normal by Sarah Yueting Tong,Jing Wan Pdf

This book examines the recent development and prospect of the Chinese economy as the country adapts to changing domestic and external settings. After more than three decades of near double-digit annual expansion, the country's growth decelerated considerably to enter a new era of the so-called New Normal.At the macro level, considerable amount of overhaul is required to improve governance and enhance regulatory effectiveness. These include monetary policy adjustment, financial sector development and taxation reforms.As the Chinese government at both the central and local levels plays an important role in promoting growth, issues such as the role of local government and the reform of state-owned enterprises are examined in this book. Topics such as the development of private consumption and industrial upgrading are also assessed. The book discusses several matters considered important to China's social and economic cohesion including the management of agricultural product reserves, the development of a functioning social security system and regional development. To help project a long-term view of China's economic strength, the book also examines such factors as development in population and the labour market.This book provides a comprehensive analysis of China's economy and identifies the recent developments that matter to China's economic future.

A Preliminary Study on the New Normal of China's Economy

Jun Wang
A Preliminary Study on the New Normal of China s Economy Book PDF

Author : Jun Wang
Publisher : Springer Nature
Page : 237 pages
File Size : 48,9 Mb
Release : 2021-10-01
Category : Business & Economics
ISBN : 9789811653360

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A Preliminary Study on the New Normal of China's Economy by Jun Wang Pdf

This book shows a panorama of sustainable development practices covering 70 major cities. This book has created the analysis framework of the “New Normal” of China’s economy, demonstrated the features and connotation of the "New Normal", carried out in-depth analysis and systematic study on the connotation and extension of the “New Normal” of China’s economy from ten aspects including growth shift, structural upgrading, innovation drive, regional synergy, moderate inflation, reform bonus, opening-up forced, risk exposure, sustainable development and macro-control in details and proposed targeted policy suggestions with practical application value that adapt to the new normal of China's economy and ensure the sustained, steady and healthy operation of the macro-economy.

China's New Sources of Economic Growth: Vol. 1

Ligang Song,Ross Garnaut,Cai Fang,Lauren Johnston
China s New Sources of Economic Growth Vol 1 Book PDF

Author : Ligang Song,Ross Garnaut,Cai Fang,Lauren Johnston
Publisher : ANU Press
Page : 545 pages
File Size : 40,9 Mb
Release : 2016-07-21
Category : Business & Economics
ISBN : 9781760460358

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China's New Sources of Economic Growth: Vol. 1 by Ligang Song,Ross Garnaut,Cai Fang,Lauren Johnston Pdf

China’s change to a new model of growth, now called the ‘new normal’, was always going to be hard. Events over the past year show how hard it is. The attempts to moderate the extremes of high investment and low consumption, the correction of overcapacity in the heavy industries that were the mainstays of the old model of growth, the hauling in of the immense debt hangover from the fiscal and monetary expansion that pulled China out of the Great Crash of 2008 would all have been hard at any time. They are harder when changes in economic policy and structure coincide with stagnation in global trade and rising protectionist sentiment in developed countries, extraordinarily rapid demographic change and recognition of the urgency of easing the environmental damage from the old model. China’s economy has slowed and there are worries that the authorities will not be able to contain the slowdown within preferred limits. This year’s Update explores the challenge of the slowdown in growth and the change in economic structure. Leading experts on China’s economy and environment review change within China’s new model of growth, and its interaction with ageing, environmental pressure, new patterns of urbanisation, and debt problems at different levels of government. It illuminates some new developments in China’s economy, including the transformational potential of internet banking, and the dynamics of financial market instability. China’s economic development since 1978 is full of exciting change, and this year’s China Update is again the way to know it as it is happening.

Forty Years of Renovating the Income Distribution in China

Heng Quan
Forty Years of Renovating the Income Distribution in China Book PDF

Author : Heng Quan
Publisher : Springer
Page : 299 pages
File Size : 50,5 Mb
Release : 2022-02-17
Category : Business & Economics
ISBN : 9813362464

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Forty Years of Renovating the Income Distribution in China by Heng Quan Pdf

This book focuses on an attractive theoretical subject as well as a practical issue, which analyses the inner relationship of economic growth and income distribution in China. During the forty years of China’s reform and opening up many influential changes occurred in the structure of the national income distribution, the mechanism of income distribution, and the policies of distributing income with the high-speed development of China. From historical and regional analysis, this book collects a good deal of data and objectively summarizes the practice and experience of renovation of income distribution in China. Based upon the summary and conclusion above, the book paraphrases and creates a conceptual mechanism, a basic theory, and a basic methodology of socialism with Chinese characteristics and discovers the internal rules of the changing relationship between high-speed economic development and income distribution in China to guide and facilitate the further improvement and innovative development of income distribution in China. Furthermore, the book enriches the political economy theory of socialism with Chinese characteristics in the aspect of practical experience, as well as theory.

Forty Years of Renovating the Income Distribution in China

Heng Quan
Forty Years of Renovating the Income Distribution in China Book PDF

Author : Heng Quan
Publisher : Springer Nature
Page : 299 pages
File Size : 47,8 Mb
Release : 2021-02-15
Category : Business & Economics
ISBN : 9789813362444

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Forty Years of Renovating the Income Distribution in China by Heng Quan Pdf

This book focuses on an attractive theoretical subject as well as a practical issue, which analyses the inner relationship of economic growth and income distribution in China. During the forty years of China’s reform and opening up many influential changes occurred in the structure of the national income distribution, the mechanism of income distribution, and the policies of distributing income with the high-speed development of China. From historical and regional analysis, this book collects a good deal of data and objectively summarizes the practice and experience of renovation of income distribution in China. Based upon the summary and conclusion above, the book paraphrases and creates a conceptual mechanism, a basic theory, and a basic methodology of socialism with Chinese characteristics and discovers the internal rules of the changing relationship between high-speed economic development and income distribution in China to guide and facilitate the further improvement and innovative development of income distribution in China. Furthermore, the book enriches the political economy theory of socialism with Chinese characteristics in the aspect of practical experience, as well as theory.

The Global Trade Slowdown

Cristina Constantinescu,Aaditya Mattoo,Michele Ruta
The Global Trade Slowdown Book PDF

Author : Cristina Constantinescu,Aaditya Mattoo,Michele Ruta
Publisher : International Monetary Fund
Page : 44 pages
File Size : 45,8 Mb
Release : 2015-01-21
Category : Business & Economics
ISBN : 9781498399135

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The Global Trade Slowdown by Cristina Constantinescu,Aaditya Mattoo,Michele Ruta Pdf

This paper focuses on the sluggish growth of world trade relative to income growth in recent years. The analysis uses an empirical strategy based on an error correction model to assess whether the global trade slowdown is structural or cyclical. An estimate of the relationship between trade and income in the past four decades reveals that the long-term trade elasticity rose sharply in the 1990s, but declined significantly in the 2000s even before the global financial crisis. These results suggest that trade is growing slowly not only because of slow growth of Gross Domestic Product (GDP), but also because of a structural change in the trade-GDP relationship in recent years. The available evidence suggests that the explanation may lie in the slowing pace of international vertical specialization rather than increasing protection or the changing composition of trade and GDP.

Statistical Analysis on Key Economic Areas of China

Xianchun Xu,Zhongwen Zhang,Youjuan Wang,Faqi Shi
Statistical Analysis on Key Economic Areas of China Book PDF

Author : Xianchun Xu,Zhongwen Zhang,Youjuan Wang,Faqi Shi
Publisher : World Scientific Publishing Company
Page : 0 pages
File Size : 43,9 Mb
Release : 2021
Category : Business & Economics
ISBN : 9811229066

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Statistical Analysis on Key Economic Areas of China by Xianchun Xu,Zhongwen Zhang,Youjuan Wang,Faqi Shi Pdf

China's reform and opening-up have contributed to its long-term and rapid economic development, resulting in a much stronger economic strength and much better life for its people. Meanwhile, the deepening economic integration between China and the world has resulted in an increasingly complex environment, growing influencing factors and severe challenges to China's economic development. Under the 'new normal' of the Chinese economy, accurate analysis of the economic situation is essential to scientific decision-making, sustainable and healthy economic development and to build a moderately prosperous society in all respects. By applying statistical and national economic accounting methods, and based on detailed statistics and national economic accounting data, this book presents an in-depth analysis of the key economic fields, such as real estate economy, automotive industry, high-tech industry, investment, opening-up, income distribution of residents, economic structure, balance of payments structure and financial operation, since the reform and opening-up, especially in recent years. It aims to depict the performance and characteristics of these key economic fields and their roles in the development of national economy, thus providing useful suggestions for economic decision-making, and facilitating the sustainable and healthy development of the economy and the realization of the goal of building a moderately prosperous society in all respects.

The Chinese Economic Transformation

Song, Ligang,Zhou, Yixiao,Hurst, Luke
The Chinese Economic Transformation Book PDF

Author : Song, Ligang,Zhou, Yixiao,Hurst, Luke
Publisher : ANU Press
Page : 336 pages
File Size : 46,8 Mb
Release : 2019-07-10
Category : Business & Economics
ISBN : 9781760463120

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The Chinese Economic Transformation by Song, Ligang,Zhou, Yixiao,Hurst, Luke Pdf

The Chinese Economic Transformation, the 19th volume in the China Update book series, provides an opportunity for young economists to share their views on various issues relating to the Chinese economic transformation. More than half of the contributors to this book are female scholars. Some of the contributors are rising stars in the studies of the Chinese economy and economic transition, and some only recently received their PhDs and are on their way to establishing themselves in the field of China studies. But they have one thing in common: to passionately observe, study and research what is going on in the Chinese economic transformation during the reform period; and, by so doing, make contributions to the policy debates on, and general understanding of, the Chinese economy. The chapters in this volume include an in-depth probe into challenges in capital and credit allocation due to financial friction and policy distortions; investigating the causes of growth slow-down in China and suitable policy responses; the evolution of the household registration system and its impact on off-farm employment and the integration of rural and urban labour markets; the growth, scale and characteristics of nonstandard employment; the development of rural e-commerce and its economic impact; innovation performance of listed enterprises in China; financial services liberalisation and its impact on firms’ performance; financing support schemes for small and medium-sized enterprises (SMEs) and the effect on banks’ credit allocation to SMEs; the potential costs of US–China trade conflict and ways to mitigate them; gender income gap in China’s labour market; causes of blockage of Chinese overseas direct investment and strategies to reduce the probability of encountering obstacles; and the role of state capital in the iron ore boom in Australia. The great variety of topics in this year’s Update allows readers to understand the current shape of the Chinese economy and to think deeply about policies and necessary reforms for future growth and development.

China: Surpassing the “Middle Income Trap”

Shaojie Zhou,Angang Hu
China Surpassing the Middle Income Trap Book PDF

Author : Shaojie Zhou,Angang Hu
Publisher : Palgrave Macmillan
Page : 218 pages
File Size : 43,6 Mb
Release : 2020-10-06
Category : Business & Economics
ISBN : 9811565392

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China: Surpassing the “Middle Income Trap” by Shaojie Zhou,Angang Hu Pdf

This open access book explores one of the most fiercely debated issues in China: if and how China will surpass the middle income trap that has plagued many developing countries for years. This book gives readers a clear picture of China today and acts as a reference for other developing countries. China is facing many setbacks and experiencing an economic slowdown in recent years due to some serious issues, and income inequality is one such issue deferring China’s development potential by creating a middle income trap. This book thoroughly investigates both the unpromising factors and favorable conditions for China to overcome the trap. It illustrates that traps may be encountered at any stage of development and argues that political stability is the prerequisite to creating a favorable environment for economic development and addressing this “middle income trap”. Written by one of China's central planners, this book offers precious insights into the industrial policies that are transforming China and the world and will be of interest to China scholars, economists and political scientists.

Demographic Perspective of China’s Economic Development

Cai Fang
Demographic Perspective of China s Economic Development Book PDF

Author : Cai Fang
Publisher : Routledge
Page : 267 pages
File Size : 40,7 Mb
Release : 2020-05-17
Category : Business & Economics
ISBN : 9781000052824

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Demographic Perspective of China’s Economic Development by Cai Fang Pdf

China is historically famous for its high demographic dividend and its huge working population, and this has driven tremendous economic growth over the past few decades. However, that population has begun to shrink and the Lewis turning point whereby surplus rural population has been absorbed into manufacturing is also approaching, leading to great change in the Chinese labor market. Will this negatively affect China’s economic growth? Can the "Middle-Income Trap" be avoided? What reforms should be made on the labor supply side? This book tackles these key questions. This book is a collection of 14 papers presenting the author’s observations, analysis, and opinions of China’s long-term economic development from the demographic perspective, while analysing real economic problems from the past and including policy recommendations. It provides a critical reference for scholars and students interested in Chinese economic development and demographic perspectives on economic development.

The Middle Income Group in China and Russia

Peilin Li,M. K. Gorshkov
The Middle Income Group in China and Russia Book PDF

Author : Peilin Li,M. K. Gorshkov
Publisher : Springer Nature
Page : 413 pages
File Size : 42,6 Mb
Release : 2021-08-16
Category : Business & Economics
ISBN : 9789811614644

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The Middle Income Group in China and Russia by Peilin Li,M. K. Gorshkov Pdf

This book includes a series of papers that mainly discuss the proposition of “double middle-income traps.” It analyzes various perspectives of middle-income groups of Russia and China including employment, education, consumption, mobility, social insurance, social values and identity, social and political participation. This book further indicates that the expansion of middle-income groups plays an important role in promoting mass consumption, maintaining continuous and stable economic growth, and overcoming the double middle-income traps. The middle class and middle-income group generally owns higher economic capital and cultural capital and is proved to be the main strength in expanding consumption by many empirical studies. However, the middle class and middle-income group has currently encountered hindrance to upward mobility, life quality, social security and class identity, which prevent the expansion of the middle-income group and improvement of social structure. Through comparing the middle-income groups of these two countries, this book gives us a panoramic view of their social and economic condition. Successfully combining theory and concrete practical guidelines, the book offers a valuable resource for all those active in this dynamic field. The book is important for students, scholars, researchers and professionals in economic and social science fields.