Income disparity in China: crisis within economic miracle
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World Scientific
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| 100 | 1 | |a Xu, Dianqing |d 1945- |e Verfasser |0 (DE-588)170823504 |4 aut | |
| 245 | 1 | 0 | |a Income disparity in China |b crisis within economic miracle |c by Dianqing Xu & Xin Li |
| 264 | 1 | |a New Jersey |b World Scientific |c [2014] | |
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| 500 | |a Description based on print version record | ||
| 505 | 8 | |a Ch. 1. The widening gap between the rich and the poor will inevitably divide the society. 1.1. Facing the fact of the widening gap between the rich and the poor. 1.2. Gini coefficient: A measure of the gap between the rich and the poor. 1.3. Three gaps and six combinations. 1.4. Regional factors of the gap between urban and rural areas. 1.5. Income gap among all classes of society. 1.6. Urban and rural factors in the gap between the rich and the poor. 1.7. The gap between the rich and the poor and social stability. 1.8. The limitations of the Gini coefficient. 1.9. Different policies to govern the three gaps -- ch. 2. Lewis turning point. 2.1. Lewis model of Chinese transition in a dual economy. 2.2. Incentive mechanisms for farm workers to seek jobs and conduct business in cities. 2.3. How to judge the Lewis turning point. 2.4. Quantitative analysis of the Lewis turning point. 2.5. Why is there concern about the Lewis turning point? -- | |
| 505 | 8 | |a ch. 3. Surplus rural labor. 3.1. Is there surplus rural labor in China? 3.2. Definition of surplus rural labor. 3.3. Estimation method of surplus labor. 3.4. Very different estimates. 3.5. Estimation of surplus rural labor. 3.6. Approaches to transfer the surplus rural labor. 3.7. An arduous historical task. 3.8. Removing the obstacles in the transfer of surplus rural labor force. 3.9. Speak for whom? -- ch. 4. Story behind the labor shortage. 4.1. How does labor shortage occur? 4.2. Cyclical changes in the population structure. 4.3. Regional characteristics of labor shortage. 4.4. FarmWorkers' rational choice. 4.5. Labor shortage and industrial upgrade. 4.6. Labor shortage in terms of farm workers' age, education, and psychological characteristics -- | |
| 505 | 8 | |a ch. 5. Rule of industrial transfer. 5.1. Labor shortage and industrial transfer. 5.2. Historical track of the transfer of labor-intensive products. 5.3. America: The first runner in the relay race. 5.4. Japan: Recipient of the baton from the United States. 5.5. Four Asian economic giants: Receiving the baton from Japan. 5.6. China: The fourth baton. 5.7. Changing the rule of wages in industrial transfer. 5.8. Industrial transfer: Inexorable law of economic development. 5.9. Length of time for holding the labor-intensive products. 5.10. Industrial transfer and the migrant worker. 5.11. Passing the baton of industrial transfer to the next economy -- | |
| 505 | 8 | |a ch. 6. Consumption and expansion of domestic demand. 6.1. Theory of economic growth stages. 6.2. Expansion of domestic demand and investment in infrastructure. 6.3. Residents' consumption does not decline. 6.4. The increase in residents' consumption level requires comprehensive treatment. 6.5. Do government subsidies stimulate consumption? 6.6. The drinker's heart is not in the cup -- ch. 7. How long can the high savings ratio last? 7.1. Is the high savings rate at fault? 7.2. Consumption and savings: Any increase for one must mean a decline for the other. 7.3. Savings ratio of countries in the world varies considerably. 7.4. Consumption theory and elements that determine savings. 7.5. First-generation effect of savings. 7.6. Empirical analysis of China's savings rate. 7.7. How long can the high savings rate last? 7.8. Never to be misled by others in exceeding the proper limits in righting a wrong -- | |
| 505 | 8 | |a ch. 8. The proportion of labor compensation. 8.1. The confusing question. 8.2. Is the proportion of labor compensation actually declining? 8.3. Change in the statistical rules reduces labor compensation. 8.4. Change in the industrial structure results in the declining proportion of labor compensation. 8.5. Influence of the adjustment in the GDP data on the proportion of labor compensation. 8.6. Is the proportion of China's labor compensation in the GDP low? 8.7. Neither meeting trouble halfway nor making much ado about nothing -- | |
| 505 | 8 | |a ch. 9. Is the gap between urban and rural areas widening or narrowing? 9.1. Determining the cause and applying the right solutions. 9.2. The strange phenomenon violating the economic theory. 9.3. The division of urban and rural populations. 9.4. Space distribution of the farm workers. 9.5. Is the farm workers' income included in that of the urban residents or the rural residents? 9.6. Narrowing the gap between urban and rural areas is a serious challenge at present | |
| 505 | 8 | |a Ch. 10. The minimum wage law is a double-edged sword. 10.1. The trend in increasing the minimum wage. 10.2. Minimum wage in countries all over the world. 10.3. The calculation method for the minimum wage. 10.4. The dispute sparked by the minimum wage law. 10.5. When to set up the minimum wage. 10.6. Market mechanism and the minimum wage law. 10.7. Balance between the market and the government. 10.8. The timing of implementing the minimum wage law. 10.9. Relationship between the minimum wage and the unemployment rate. 10.10. Postponement of increasing the minimum wage -- | |
| 505 | 8 | |a ch. 11. The population trap and the demographic dividend. 11.1. Distinguishing the stock and increment of labor. 11.2. The necessary condition for the population trap. 11.3. Cyclic fluctuation of population distribution in China. 11.4. Disturbance of the population in China. 11.5. Population fitted line of developed countries. 11.6. Trend of the population structure change in developing countries. 11.7. Demographic dividend and economic growth -- | |
| 505 | 8 | |a ch. 12. Tax reform and the gap between the rich and the poor. 12.1. Three levels of the distribution mechanism. 12.2. A vague statement is difficult to be implement. 12.3. How to promote fairness in the production link. 12.4. The goal of tax reform is to reduce taxes. 12.5. The planned economy characteristics of the current tax system. 12.6. Basic concept of tax reform. 12.7. The computable general equilibrium in the tax reform. 12.8. Scenarios and results. 12.9. Will the reduction of the tax rate diminish the government tax revenue? 12.10. Property income and the income gap. 12.11. Specific conditions of tax reform. 12.12. Why is tax reform extremely difficult to implement? -- | |
| 505 | 8 | |a ch. 13. Preparing for danger in times of peace to prevent a financial crisis. 13.1. Financial risks brought by excess currency liquidity. 13.2. The dammed lake formed by the savings deposits of urban and rural residents. 13.3. Seriously distorted fund flow. 13.4. Threat of the negative interest rate. 13.5. Will deflation occur? 13.6. Prevent imported inflation. 13.7. Preparing for danger in times of peace and strengthening awareness of crisis. 13.8. Characteristics of a financial crisis. 13.9. Rapid economic development does not mean no financial risk. 13.10. Deal with the situation calmly to solve the crisis -- ch. 14. Populism experiment of Latin America. 14.1. The results of promoting populism come in opposites. 14.2. The rise and fall of peronism. 14.3. The mud left by populism. 14.4. Chile's populism tragedy. 14.5. The lessons of populism in Latin America -- | |
| 505 | 8 | |a ch. 15. Who divides Thailand? 15.1. Where did the Red-Shirt and Yellow-Shirt armies come from? 15.2. Source of the upheaval in Thailand. 15.3. Polarization intensifies the gap between the rich and the poor. 15.4. Blood-stained street full of violence and unrest. 15.5 Division of society led to unending trouble -- ch. 16. Criticizing populism and depending on market mechanisms to narrow the gap between the rich and the poor. 16.1. What is populism? 16.2. Origin of populism. 16.3. Variability of populism. 16.4. Paradox of populism. 16.5. Reasons and conditions for the spread of populism. 16.6. Consequences of the spread of populism. 16.7. Guided populism according to circumstances and taking precaution beforehand. 16.8. Dangerous sign of a divided society. 16.9. Two sides of a coin: Market mechanism and government intervention. 16.10. The sole basis of government policies is to liberate productive forces and promote social progress | |
| 505 | 8 | |a China has achieved remarkable economic success in the past three decades and has become the second-largest economy in the world after the United States. However, accompanying this rapid economic growth is an increasing income inequality. In recent years, China's income disparity has reached an alarming level, making it one of the countries with the most unequal income distribution in the world. The widening income gap is the root cause of many issues in contemporary China. How should China step up distribution system reform? How should China deepen the reforms to its fiscal and tax systems? Should the government increase wages to achieve the income multiplication plan? What is the fundamental measure to tackle income disparity issues in China? With in-depth analysis and empirical studies on these questions, this book provides comprehensive perspectives on China's income disparity issues that most international scholars are concerned about | |
| 650 | 7 | |a BUSINESS & ECONOMICS / Economics / Macroeconomics |2 bisacsh | |
| 650 | 7 | |a POLITICAL SCIENCE / Economic Conditions |2 bisacsh | |
| 650 | 7 | |a Economic history |2 fast | |
| 650 | 7 | |a Economic policy |2 fast | |
| 650 | 7 | |a Income distribution |2 fast | |
| 650 | 7 | |a Poor |2 fast | |
| 650 | 4 | |a Wirtschaft | |
| 650 | 4 | |a Wirtschaft. Geschichte | |
| 650 | 4 | |a Wirtschaftspolitik | |
| 650 | 4 | |a Income distribution |z China |a Poor |z China | |
| 700 | 1 | |a Li, Xin |e Sonstige |4 oth | |
| 776 | 0 | 8 | |i Erscheint auch als |n Druck-Ausgabe |a Xu, Dianqing |t Income disparity in China |
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Datensatz im Suchindex
| _version_ | 1804176610528591872 |
|---|---|
| adam_text | Titel: Income disparity in China
Autor: Xu, Dianqing
Jahr: 2014
CONTENTS
Preface vii
Chapter 1. The Widening Gap between the Rich
and the Poor will Inevitably Divide the Society 1
1.1 Facing the Fact of the Widening Gap between the Rich
and the Poor...................... 2
1.2 Gini Coefficient: A Measure of the Gap between
the Rich and the Poor.................. 5
1.3 Three Gaps and Six Combinations........... 10
1.4 Regional Factors of the Gap between Urban
and Rural Areas..................... 12
1.5 Income Gap among All Classes of Society....... 15
1.6 Urban and Rural Factors in the Gap between the Rich
and the Poor...................... 16
1.7 The Gap between the Rich and the Poor
and Social Stability................... 21
1.8 The Limitations of the Gini Coefficient........ 24
1.9 Different Policies to Govern the Three Gaps...... 25
Chapter 2. Lewis Turning Point 27
2.1 Lewis Model of Chinese Transition in a Dual
Economy........................ 28
2.1.1 Boundary division and the basic assumption
of a dual economy............... 28
2.1.2 How many turning points are there?...... 31
2.1.3 Three curves in the Lewis model........ 33
xvi Income Disparity in China
2.1.4 Labor transfer trilogy in the Lewis model ... 37
2.1.5 Six stages of labor transfer in China...... 40
2.2 Incentive Mechanisms for Farm Workers to Seek
Jobs and Conduct Business in Cities.......... 43
2.3 How to Judge the Lewis Turning Point......... 46
2.3.1 Miscellaneous definitions........... 46
2.3.2 Basic characteristics of the Lewis
turning point.................. 47
2.3.3 Estimation of the rural labor price....... 48
2.3.4 Estimation of the agricultural marginal
productivity of labor.............. 51
2.3.5 Relationship between the marginal
productivity of labor and the average
labor productivity ............... 54
2.3.6 Does the increase in wages indicate
the Lewis turning point?............ 57
2.3.7 Regional gap and the Lewis turning point ... 60
2.3.8 The income difference between the skilled
labor and the unskilled labor.......... 61
2.4 Quantitative Analysis of the Lewis Turning Point ... 63
2.4.1 Theoretical model of judging the Lewis
turning point.................. 63
2.4.2 Estimation of the capital stock......... 64
2.4.3 Results and limitations of the theoretical
judgment.................... 64
2.5 Why is there concern about the Lewis
turning point?...................... 66
Chapter 3. Surplus Rural Labor 71
3.1 Is There Surplus Rural Labor in China?........ 71
3.2 Definition of Surplus Rural Labor........... 75
3.3 Estimation Method of Surplus Labor......... 78
3.4 Very Different Estimates................ 81
3.5 Estimation of Surplus Rural Labor........... 83
Contents xvii
3.6 Approaches to Transfer the Surplus Rural Labor ... 91
3.7 An Arduous Historical Task.............. 94
3.8 Removing the Obstacles in the Transfer of Surplus
Rural Labor Force................... 97
3.9 Speak for Whom? ................... 98
Chapter 4. Story Behind the Labor Shortage 101
4.1 How Does Labor Shortage Occur?........... 101
4.2 Cyclical Changes in the Population Structure..... 106
4.3 Regional Characteristics of Labor Shortage...... 110
4.4 Farm Workers Rational Choice............ Ill
4.5 Labor Shortage and Industrial Upgrade........ 117
4.6 Labor Shortage in Terms of Farm Workers Age,
Education, and Psychological Characteristics..... 119
Chapter 5. Rule of Industrial Transfer 123
5.1 Labor Shortage and Industrial Transfer........ 123
5.2 Historical Track of the Transfer of Labor-intensive
Products........................ 125
5.3 America: The First Runner in the Relay Race..... 126
5.4 Japan: Recipient of the Baton
from the United States................. 129
5.5 Four Asian Economic Giants: Receiving
the Baton from Japan.................. 130
5.6 China: The Fourth Baton................ 132
5.7 Changing the Rule of Wages in Industrial
Transfer......................... 136
5.8 Industrial Transfer: Inexorable Law of Economic
Development...................... 136
5.9 Length of Time for Holding the Labor-intensive
Products........................ 139
5.10 Industrial Transfer and the Migrant Worker...... 141
5.11 Passing the Baton of Industrial Transfer
to the Next Economy.................. 144
xviii Income Disparity in China
Chapter 6. Consumption and Expansion of Domestic Demand 149
6.1 Theory of Economic Growth Stages.......... 150
6.2 Expansion of Domestic Demand and Investment
in Infrastructure .................... 151
6.3 Residents Consumption Does Not Decline...... 154
6.4 The Increase in Residents Consumption Level
Requires Comprehensive Treatment.......... 159
6.5 Do Government Subsidies Stimulate
Consumption?..................... 165
6.6 The Drinker s Heart is not in the Cup......... 168
Chapter 7. How Long Can the High Savings Ratio Last? 171
7.1 Is the High Savings Rate at Fault?........... 172
7.2 Consumption and Savings: Any Increase
for One Must Mean a Decline for the Other...... 174
7.3 Savings Ratio of Countries in the World
Varies Considerably .................. 176
7.4 Consumption Theory and Elements
that Determine Savings................. 178
7.5 First-Generation Effect of Savings........... 181
7.6 Empirical Analysis of China s Savings Rate...... 184
7.7 How Long Can the High Savings Rate Last? ..... 190
7.8 Never to be Misled by Others in Exceeding
the Proper Limits in Righting a Wrong ........ 192
Appendix 7.1.......................... 194
Chapter 8. The Proportion of Labor Compensation 195
8.1 The Confusing Question................ 196
8.2 Is the Proportion of Labor Compensation Actually
Declining?........................ 197
8.3 Change in the Statistical Rules Reduces Labor
Compensation..................... 200
8.4 Change in the Industrial Structure Results
in the Declining Proportion of Labor
Compensation ..................... 204
Contents xix
8.5 Influence of the Adjustment in the GDP Data
on the Proportion of Labor Compensation....... 207
8.6 Is the Proportion of China s Labor Compensation
in the GDP Low?.................... 210
8.7 Neither Meeting Trouble Halfway Nor Making Much
Ado About Nothing................... 212
Chapter 9. Is the Gap Between Urban and Rural Areas
Widening or Narrowing? 217
9.1 Determining the Cause and Applying
the Right Solutions................... 218
9.2 The Strange Phenomenon Violating
the Economic Theory.................. 219
9.3 The Division of Urban and Rural Populations..... 221
9.4 Space Distribution of the Farm Workers........ 223
9.5 Is the Farm Workers Income Included in that of the
Urban Residents or the Rural Residents? ....... 225
9.6 Narrowing the Gap between Urban and Rural Areas
is A Serious Challenge at Present........... 226
Chapter 10. The Minimum Wage Law is a Double-edged Sword 231
10.1 The Trend in Increasing the Minimum Wage ..... 232
10.2 Minimum Wage in Countries all over the World .... 235
10.3 The Calculation Method for the Minimum Wage ... 243
10.4 The Dispute Sparked by the Minimum Wage Law . . . 244
10.5 When to Set up the Minimum Wage.......... 247
10.6 Market Mechanism and the Minimum Wage Law . . . 249
10.7 Balance Between the Market and the Government . . 251
10.8 The Timing of Implementing the Minimum
Wage Law....................... 253
10.8.1 Timeline of the implementation of the
minimum wage law of the four Asian
economic giants................ 254
10.8.1.1 Chinese Taiwan: 1968........ 254
10.8.1.2 South Korea: 1986.......... 254
xx Income Disparity in China
10.8.1.3 Chinese Hong Kong:
In discussion............. 255
10.8.1.4 Singapore: No minimum wage
legislation.............. 256
10.9 Relationship Between the Minimum Wage
and the Unemployment Rate.............. 256
10.10 Postponement of Increasing the Minimum Wage . . . 262
Appendix 10.1......................... 264
Chapter 11. The Population Trap and the Demographic Dividend 267
11.1 Distinguishing the Stock and Increment of Labor . . . 268
11.2 The Necessary Condition for the Population Trap . . . 269
11.3 Cyclic Fluctuation of Population Distribution
in China......................... 272
11.4 Disturbance of the Population in China........ 276
11.5 Population Fitted Line of Developed Countries .... 277
11.6 Trend of the Population Structure Change
in Developing Countries................ 279
11.7 Demographic Dividend and Economic Growth .... 283
Chapter 12. Tax Reform and the Gap between the Rich
and the Poor 287
12.1 Three Levels of the Distribution Mechanism ..... 288
12.2 A Vague Statement is Difficult to be Implement .... 289
12.3 How to Promote Fairness in the Production Link . . . 293
12.4 The Goal of Tax Reform is to Reduce Taxes...... 295
12.5 The Planned Economy Characteristics of the Current
Tax System....................... 297
12.6 Basic Concept of Tax Reform............. 301
12.7 The Computable General Equilibrium
in the Tax Reform ................... 304
12.8 Scenarios and Results ................. 308
12.9 Will the Reduction of the Tax Rate Diminish
the Government Tax Revenue?............. 316
12.10 Property Income and the Income Gap......... 318
12.11 Specific Conditions of Tax Reform .......... 321
Contents xxi
12.12 Why is Tax Reform Extremely Difficult
to Implement?..................... 323
Chapter 13. Preparing for Danger in Times of Peace
to Prevent a Financial Crisis 327
13.1 Financial Risks Brought by Excess Currency
Liquidity........................ 328
13.2 The Dammed Lake Formed by the Savings
Deposits of Urban and Rural Residents........ 331
13.3 Seriously Distorted Fund Flow............. 334
13.4 Threat of the Negative Interest Rate.......... 337
13.5 Will Deflation Occur? ................. 339
13.6 Prevent Imported Inflation............... 341
13.7 Preparing for Danger in Times of Peace
and Strengthening Awareness of Crisis........ 342
13.8 Characteristics of a Financial Crisis.......... 345
13.9 Rapid Economic Development Does Not Mean
No Financial Risk ................... 346
13.10 Deal with the Situation Calmly to Solve the Crisis . . 349
Chapter 14. Populism Experiment of Latin America 351
14.1 The Results of Promoting Populism Come
in Opposites...................... 352
14.2 The Rise and Fall of Peronism............. 355
14.3 The Mud Left by Populism............... 359
14.4 Chile s Populism Tragedy............... 361
14.5 The Lessons of Populism in Latin America...... 363
Chapter 15. Who Divides Thailand? 365
15.1 Where Did the Red-Shirt and Yellow-Shirt Armies
Come From?...................... 365
15.2 Source of the Upheaval in Thailand.......... 369
15.3 Polarization Intensifies the Gap between
the Rich and the Poor.................. 372
15.4 Blood-stained Street Full of Violence and Unrest ... 375
15.5 Division of Society Led to Unending Trouble..... 377
xxii Income Disparity in China
Chapter 16. Criticizing Populism and Depending on Market
Mechanisms to Narrow the Gap between
the Rich and the Poor 381
16.1 What Is Populism?................... 382
16.2 Origin of Populism................... 384
16.2.1 Noble intellectual stage of populism...... 384
16.2.2 Civilian intellectuals paved the way
for the Bolshevik................ 386
16.2.3 Populism and social morality......... 388
16.3 Variability of Populism................. 389
16.4 Paradox of Populism.................. 390
16.5 Reasons and Conditions for the Spread of Populism . . 391
16.6 Consequences of the Spread of Populism....... 396
16.7 Guided Populism According to Circumstances
and Taking Precaution Beforehand........... 398
16.8 Dangerous Sign of a Divided Society......... 400
16.9 Two Sides of a Coin: Market Mechanism
and Government Intervention............. 401
16.10 The Sole Basis of Government Policies is to Liberate
Productive Forces and Promote Social Progress .... 403
References 409
Index 417
|
| any_adam_object | 1 |
| author | Xu, Dianqing 1945- |
| author_GND | (DE-588)170823504 |
| author_facet | Xu, Dianqing 1945- |
| author_role | aut |
| author_sort | Xu, Dianqing 1945- |
| author_variant | d x dx |
| building | Verbundindex |
| bvnumber | BV043780603 |
| collection | ZDB-4-EBA |
| contents | Ch. 1. The widening gap between the rich and the poor will inevitably divide the society. 1.1. Facing the fact of the widening gap between the rich and the poor. 1.2. Gini coefficient: A measure of the gap between the rich and the poor. 1.3. Three gaps and six combinations. 1.4. Regional factors of the gap between urban and rural areas. 1.5. Income gap among all classes of society. 1.6. Urban and rural factors in the gap between the rich and the poor. 1.7. The gap between the rich and the poor and social stability. 1.8. The limitations of the Gini coefficient. 1.9. Different policies to govern the three gaps -- ch. 2. Lewis turning point. 2.1. Lewis model of Chinese transition in a dual economy. 2.2. Incentive mechanisms for farm workers to seek jobs and conduct business in cities. 2.3. How to judge the Lewis turning point. 2.4. Quantitative analysis of the Lewis turning point. 2.5. Why is there concern about the Lewis turning point? -- ch. 3. Surplus rural labor. 3.1. Is there surplus rural labor in China? 3.2. Definition of surplus rural labor. 3.3. Estimation method of surplus labor. 3.4. Very different estimates. 3.5. Estimation of surplus rural labor. 3.6. Approaches to transfer the surplus rural labor. 3.7. An arduous historical task. 3.8. Removing the obstacles in the transfer of surplus rural labor force. 3.9. Speak for whom? -- ch. 4. Story behind the labor shortage. 4.1. How does labor shortage occur? 4.2. Cyclical changes in the population structure. 4.3. Regional characteristics of labor shortage. 4.4. FarmWorkers' rational choice. 4.5. Labor shortage and industrial upgrade. 4.6. Labor shortage in terms of farm workers' age, education, and psychological characteristics -- ch. 5. Rule of industrial transfer. 5.1. Labor shortage and industrial transfer. 5.2. Historical track of the transfer of labor-intensive products. 5.3. America: The first runner in the relay race. 5.4. Japan: Recipient of the baton from the United States. 5.5. Four Asian economic giants: Receiving the baton from Japan. 5.6. China: The fourth baton. 5.7. Changing the rule of wages in industrial transfer. 5.8. Industrial transfer: Inexorable law of economic development. 5.9. Length of time for holding the labor-intensive products. 5.10. Industrial transfer and the migrant worker. 5.11. Passing the baton of industrial transfer to the next economy -- ch. 6. Consumption and expansion of domestic demand. 6.1. Theory of economic growth stages. 6.2. Expansion of domestic demand and investment in infrastructure. 6.3. Residents' consumption does not decline. 6.4. The increase in residents' consumption level requires comprehensive treatment. 6.5. Do government subsidies stimulate consumption? 6.6. The drinker's heart is not in the cup -- ch. 7. How long can the high savings ratio last? 7.1. Is the high savings rate at fault? 7.2. Consumption and savings: Any increase for one must mean a decline for the other. 7.3. Savings ratio of countries in the world varies considerably. 7.4. Consumption theory and elements that determine savings. 7.5. First-generation effect of savings. 7.6. Empirical analysis of China's savings rate. 7.7. How long can the high savings rate last? 7.8. Never to be misled by others in exceeding the proper limits in righting a wrong -- ch. 8. The proportion of labor compensation. 8.1. The confusing question. 8.2. Is the proportion of labor compensation actually declining? 8.3. Change in the statistical rules reduces labor compensation. 8.4. Change in the industrial structure results in the declining proportion of labor compensation. 8.5. Influence of the adjustment in the GDP data on the proportion of labor compensation. 8.6. Is the proportion of China's labor compensation in the GDP low? 8.7. Neither meeting trouble halfway nor making much ado about nothing -- ch. 9. Is the gap between urban and rural areas widening or narrowing? 9.1. Determining the cause and applying the right solutions. 9.2. The strange phenomenon violating the economic theory. 9.3. The division of urban and rural populations. 9.4. Space distribution of the farm workers. 9.5. Is the farm workers' income included in that of the urban residents or the rural residents? 9.6. Narrowing the gap between urban and rural areas is a serious challenge at present Ch. 10. The minimum wage law is a double-edged sword. 10.1. The trend in increasing the minimum wage. 10.2. Minimum wage in countries all over the world. 10.3. The calculation method for the minimum wage. 10.4. The dispute sparked by the minimum wage law. 10.5. When to set up the minimum wage. 10.6. Market mechanism and the minimum wage law. 10.7. Balance between the market and the government. 10.8. The timing of implementing the minimum wage law. 10.9. Relationship between the minimum wage and the unemployment rate. 10.10. Postponement of increasing the minimum wage -- ch. 11. The population trap and the demographic dividend. 11.1. Distinguishing the stock and increment of labor. 11.2. The necessary condition for the population trap. 11.3. Cyclic fluctuation of population distribution in China. 11.4. Disturbance of the population in China. 11.5. Population fitted line of developed countries. 11.6. Trend of the population structure change in developing countries. 11.7. Demographic dividend and economic growth -- ch. 12. Tax reform and the gap between the rich and the poor. 12.1. Three levels of the distribution mechanism. 12.2. A vague statement is difficult to be implement. 12.3. How to promote fairness in the production link. 12.4. The goal of tax reform is to reduce taxes. 12.5. The planned economy characteristics of the current tax system. 12.6. Basic concept of tax reform. 12.7. The computable general equilibrium in the tax reform. 12.8. Scenarios and results. 12.9. Will the reduction of the tax rate diminish the government tax revenue? 12.10. Property income and the income gap. 12.11. Specific conditions of tax reform. 12.12. Why is tax reform extremely difficult to implement? -- ch. 13. Preparing for danger in times of peace to prevent a financial crisis. 13.1. Financial risks brought by excess currency liquidity. 13.2. The dammed lake formed by the savings deposits of urban and rural residents. 13.3. Seriously distorted fund flow. 13.4. Threat of the negative interest rate. 13.5. Will deflation occur? 13.6. Prevent imported inflation. 13.7. Preparing for danger in times of peace and strengthening awareness of crisis. 13.8. Characteristics of a financial crisis. 13.9. Rapid economic development does not mean no financial risk. 13.10. Deal with the situation calmly to solve the crisis -- ch. 14. Populism experiment of Latin America. 14.1. The results of promoting populism come in opposites. 14.2. The rise and fall of peronism. 14.3. The mud left by populism. 14.4. Chile's populism tragedy. 14.5. The lessons of populism in Latin America -- ch. 15. Who divides Thailand? 15.1. Where did the Red-Shirt and Yellow-Shirt armies come from? 15.2. Source of the upheaval in Thailand. 15.3. Polarization intensifies the gap between the rich and the poor. 15.4. Blood-stained street full of violence and unrest. 15.5 Division of society led to unending trouble -- ch. 16. Criticizing populism and depending on market mechanisms to narrow the gap between the rich and the poor. 16.1. What is populism? 16.2. Origin of populism. 16.3. Variability of populism. 16.4. Paradox of populism. 16.5. Reasons and conditions for the spread of populism. 16.6. Consequences of the spread of populism. 16.7. Guided populism according to circumstances and taking precaution beforehand. 16.8. Dangerous sign of a divided society. 16.9. Two sides of a coin: Market mechanism and government intervention. 16.10. The sole basis of government policies is to liberate productive forces and promote social progress China has achieved remarkable economic success in the past three decades and has become the second-largest economy in the world after the United States. However, accompanying this rapid economic growth is an increasing income inequality. In recent years, China's income disparity has reached an alarming level, making it one of the countries with the most unequal income distribution in the world. The widening income gap is the root cause of many issues in contemporary China. How should China step up distribution system reform? How should China deepen the reforms to its fiscal and tax systems? Should the government increase wages to achieve the income multiplication plan? What is the fundamental measure to tackle income disparity issues in China? With in-depth analysis and empirical studies on these questions, this book provides comprehensive perspectives on China's income disparity issues that most international scholars are concerned about |
| ctrlnum | (ZDB-4-EBA)ocn875894690 (OCoLC)875894690 (DE-599)BVBBV043780603 |
| dewey-full | 339.2/20951 |
| dewey-hundreds | 300 - Social sciences |
| dewey-ones | 339 - Macroeconomics and related topics |
| dewey-raw | 339.2/20951 |
| dewey-search | 339.2/20951 |
| dewey-sort | 3339.2 520951 |
| dewey-tens | 330 - Economics |
| discipline | Wirtschaftswissenschaften |
| format | Electronic eBook |
| fullrecord | <?xml version="1.0" encoding="UTF-8"?><collection xmlns="http://www.loc.gov/MARC21/slim"><record><leader>11261nmm a2200673zc 4500</leader><controlfield tag="001">BV043780603</controlfield><controlfield tag="003">DE-604</controlfield><controlfield tag="005">20170731 </controlfield><controlfield tag="007">cr|uuu---uuuuu</controlfield><controlfield tag="008">160920s2014 |||| o||u| ||||||eng d</controlfield><datafield tag="020" ind1=" " ind2=" "><subfield code="a">9789814525251</subfield><subfield code="c">electronic bk.</subfield><subfield code="9">978-981-4525-25-1</subfield></datafield><datafield tag="020" ind1=" " ind2=" "><subfield code="a">9814525251</subfield><subfield code="c">electronic bk.</subfield><subfield code="9">981-4525-25-1</subfield></datafield><datafield tag="020" ind1=" " ind2=" "><subfield code="a">9789814525244</subfield><subfield code="9">978-981-4525-24-4</subfield></datafield><datafield tag="020" ind1=" " ind2=" "><subfield code="a">9814525243</subfield><subfield code="9">981-4525-24-3</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(ZDB-4-EBA)ocn875894690</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(OCoLC)875894690</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(DE-599)BVBBV043780603</subfield></datafield><datafield tag="040" ind1=" " ind2=" "><subfield code="a">DE-604</subfield><subfield code="b">ger</subfield><subfield code="e">rda</subfield></datafield><datafield tag="041" ind1="0" ind2=" "><subfield code="a">eng</subfield></datafield><datafield tag="049" ind1=" " ind2=" "><subfield code="a">DE-1046</subfield><subfield code="a">DE-1047</subfield></datafield><datafield tag="082" ind1="0" ind2=" "><subfield code="a">339.2/20951</subfield><subfield code="2">23</subfield></datafield><datafield tag="100" ind1="1" ind2=" "><subfield code="a">Xu, Dianqing</subfield><subfield code="d">1945-</subfield><subfield code="e">Verfasser</subfield><subfield code="0">(DE-588)170823504</subfield><subfield code="4">aut</subfield></datafield><datafield tag="245" ind1="1" ind2="0"><subfield code="a">Income disparity in China</subfield><subfield code="b">crisis within economic miracle</subfield><subfield code="c">by Dianqing Xu & Xin Li</subfield></datafield><datafield tag="264" ind1=" " ind2="1"><subfield code="a">New Jersey</subfield><subfield code="b">World Scientific</subfield><subfield code="c">[2014]</subfield></datafield><datafield tag="264" ind1=" " ind2="4"><subfield code="c">© 2014</subfield></datafield><datafield tag="300" ind1=" " ind2=" "><subfield code="a">1 online resource (xxii, 418 pages)</subfield><subfield code="b">illustrations</subfield></datafield><datafield tag="336" ind1=" " ind2=" "><subfield code="b">txt</subfield><subfield code="2">rdacontent</subfield></datafield><datafield tag="337" ind1=" " ind2=" "><subfield code="b">c</subfield><subfield code="2">rdamedia</subfield></datafield><datafield tag="338" ind1=" " ind2=" "><subfield code="b">cr</subfield><subfield code="2">rdacarrier</subfield></datafield><datafield tag="500" ind1=" " ind2=" "><subfield code="a">Description based on print version record</subfield></datafield><datafield tag="505" ind1="8" ind2=" "><subfield code="a">Ch. 1. The widening gap between the rich and the poor will inevitably divide the society. 1.1. Facing the fact of the widening gap between the rich and the poor. 1.2. Gini coefficient: A measure of the gap between the rich and the poor. 1.3. Three gaps and six combinations. 1.4. Regional factors of the gap between urban and rural areas. 1.5. Income gap among all classes of society. 1.6. Urban and rural factors in the gap between the rich and the poor. 1.7. The gap between the rich and the poor and social stability. 1.8. The limitations of the Gini coefficient. 1.9. Different policies to govern the three gaps -- ch. 2. Lewis turning point. 2.1. Lewis model of Chinese transition in a dual economy. 2.2. Incentive mechanisms for farm workers to seek jobs and conduct business in cities. 2.3. How to judge the Lewis turning point. 2.4. Quantitative analysis of the Lewis turning point. 2.5. Why is there concern about the Lewis turning point? -- </subfield></datafield><datafield tag="505" ind1="8" ind2=" "><subfield code="a">ch. 3. Surplus rural labor. 3.1. Is there surplus rural labor in China? 3.2. Definition of surplus rural labor. 3.3. Estimation method of surplus labor. 3.4. Very different estimates. 3.5. Estimation of surplus rural labor. 3.6. Approaches to transfer the surplus rural labor. 3.7. An arduous historical task. 3.8. Removing the obstacles in the transfer of surplus rural labor force. 3.9. Speak for whom? -- ch. 4. Story behind the labor shortage. 4.1. How does labor shortage occur? 4.2. Cyclical changes in the population structure. 4.3. Regional characteristics of labor shortage. 4.4. FarmWorkers' rational choice. 4.5. Labor shortage and industrial upgrade. 4.6. Labor shortage in terms of farm workers' age, education, and psychological characteristics -- </subfield></datafield><datafield tag="505" ind1="8" ind2=" "><subfield code="a">ch. 5. Rule of industrial transfer. 5.1. Labor shortage and industrial transfer. 5.2. Historical track of the transfer of labor-intensive products. 5.3. America: The first runner in the relay race. 5.4. Japan: Recipient of the baton from the United States. 5.5. Four Asian economic giants: Receiving the baton from Japan. 5.6. China: The fourth baton. 5.7. Changing the rule of wages in industrial transfer. 5.8. Industrial transfer: Inexorable law of economic development. 5.9. Length of time for holding the labor-intensive products. 5.10. Industrial transfer and the migrant worker. 5.11. Passing the baton of industrial transfer to the next economy -- </subfield></datafield><datafield tag="505" ind1="8" ind2=" "><subfield code="a">ch. 6. Consumption and expansion of domestic demand. 6.1. Theory of economic growth stages. 6.2. Expansion of domestic demand and investment in infrastructure. 6.3. Residents' consumption does not decline. 6.4. The increase in residents' consumption level requires comprehensive treatment. 6.5. Do government subsidies stimulate consumption? 6.6. The drinker's heart is not in the cup -- ch. 7. How long can the high savings ratio last? 7.1. Is the high savings rate at fault? 7.2. Consumption and savings: Any increase for one must mean a decline for the other. 7.3. Savings ratio of countries in the world varies considerably. 7.4. Consumption theory and elements that determine savings. 7.5. First-generation effect of savings. 7.6. Empirical analysis of China's savings rate. 7.7. How long can the high savings rate last? 7.8. Never to be misled by others in exceeding the proper limits in righting a wrong -- </subfield></datafield><datafield tag="505" ind1="8" ind2=" "><subfield code="a">ch. 8. The proportion of labor compensation. 8.1. The confusing question. 8.2. Is the proportion of labor compensation actually declining? 8.3. Change in the statistical rules reduces labor compensation. 8.4. Change in the industrial structure results in the declining proportion of labor compensation. 8.5. Influence of the adjustment in the GDP data on the proportion of labor compensation. 8.6. Is the proportion of China's labor compensation in the GDP low? 8.7. Neither meeting trouble halfway nor making much ado about nothing -- </subfield></datafield><datafield tag="505" ind1="8" ind2=" "><subfield code="a">ch. 9. Is the gap between urban and rural areas widening or narrowing? 9.1. Determining the cause and applying the right solutions. 9.2. The strange phenomenon violating the economic theory. 9.3. The division of urban and rural populations. 9.4. Space distribution of the farm workers. 9.5. Is the farm workers' income included in that of the urban residents or the rural residents? 9.6. Narrowing the gap between urban and rural areas is a serious challenge at present</subfield></datafield><datafield tag="505" ind1="8" ind2=" "><subfield code="a">Ch. 10. The minimum wage law is a double-edged sword. 10.1. The trend in increasing the minimum wage. 10.2. Minimum wage in countries all over the world. 10.3. The calculation method for the minimum wage. 10.4. The dispute sparked by the minimum wage law. 10.5. When to set up the minimum wage. 10.6. Market mechanism and the minimum wage law. 10.7. Balance between the market and the government. 10.8. The timing of implementing the minimum wage law. 10.9. Relationship between the minimum wage and the unemployment rate. 10.10. Postponement of increasing the minimum wage -- </subfield></datafield><datafield tag="505" ind1="8" ind2=" "><subfield code="a">ch. 11. The population trap and the demographic dividend. 11.1. Distinguishing the stock and increment of labor. 11.2. The necessary condition for the population trap. 11.3. Cyclic fluctuation of population distribution in China. 11.4. Disturbance of the population in China. 11.5. Population fitted line of developed countries. 11.6. Trend of the population structure change in developing countries. 11.7. Demographic dividend and economic growth -- </subfield></datafield><datafield tag="505" ind1="8" ind2=" "><subfield code="a">ch. 12. Tax reform and the gap between the rich and the poor. 12.1. Three levels of the distribution mechanism. 12.2. A vague statement is difficult to be implement. 12.3. How to promote fairness in the production link. 12.4. The goal of tax reform is to reduce taxes. 12.5. The planned economy characteristics of the current tax system. 12.6. Basic concept of tax reform. 12.7. The computable general equilibrium in the tax reform. 12.8. Scenarios and results. 12.9. Will the reduction of the tax rate diminish the government tax revenue? 12.10. Property income and the income gap. 12.11. Specific conditions of tax reform. 12.12. Why is tax reform extremely difficult to implement? -- </subfield></datafield><datafield tag="505" ind1="8" ind2=" "><subfield code="a">ch. 13. Preparing for danger in times of peace to prevent a financial crisis. 13.1. Financial risks brought by excess currency liquidity. 13.2. The dammed lake formed by the savings deposits of urban and rural residents. 13.3. Seriously distorted fund flow. 13.4. Threat of the negative interest rate. 13.5. Will deflation occur? 13.6. Prevent imported inflation. 13.7. Preparing for danger in times of peace and strengthening awareness of crisis. 13.8. Characteristics of a financial crisis. 13.9. Rapid economic development does not mean no financial risk. 13.10. Deal with the situation calmly to solve the crisis -- ch. 14. Populism experiment of Latin America. 14.1. The results of promoting populism come in opposites. 14.2. The rise and fall of peronism. 14.3. The mud left by populism. 14.4. Chile's populism tragedy. 14.5. The lessons of populism in Latin America -- </subfield></datafield><datafield tag="505" ind1="8" ind2=" "><subfield code="a">ch. 15. Who divides Thailand? 15.1. Where did the Red-Shirt and Yellow-Shirt armies come from? 15.2. Source of the upheaval in Thailand. 15.3. Polarization intensifies the gap between the rich and the poor. 15.4. Blood-stained street full of violence and unrest. 15.5 Division of society led to unending trouble -- ch. 16. Criticizing populism and depending on market mechanisms to narrow the gap between the rich and the poor. 16.1. What is populism? 16.2. Origin of populism. 16.3. Variability of populism. 16.4. Paradox of populism. 16.5. Reasons and conditions for the spread of populism. 16.6. Consequences of the spread of populism. 16.7. Guided populism according to circumstances and taking precaution beforehand. 16.8. Dangerous sign of a divided society. 16.9. Two sides of a coin: Market mechanism and government intervention. 16.10. The sole basis of government policies is to liberate productive forces and promote social progress</subfield></datafield><datafield tag="505" ind1="8" ind2=" "><subfield code="a">China has achieved remarkable economic success in the past three decades and has become the second-largest economy in the world after the United States. However, accompanying this rapid economic growth is an increasing income inequality. In recent years, China's income disparity has reached an alarming level, making it one of the countries with the most unequal income distribution in the world. The widening income gap is the root cause of many issues in contemporary China. How should China step up distribution system reform? How should China deepen the reforms to its fiscal and tax systems? Should the government increase wages to achieve the income multiplication plan? What is the fundamental measure to tackle income disparity issues in China? 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| id | DE-604.BV043780603 |
| illustrated | Illustrated |
| indexdate | 2024-07-10T07:34:55Z |
| institution | BVB |
| isbn | 9789814525251 9814525251 9789814525244 9814525243 |
| language | English |
| oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-029191663 |
| oclc_num | 875894690 |
| open_access_boolean | |
| owner | DE-1046 DE-1047 |
| owner_facet | DE-1046 DE-1047 |
| physical | 1 online resource (xxii, 418 pages) illustrations |
| psigel | ZDB-4-EBA ZDB-4-EBA FAW_PDA_EBA |
| publishDate | 2014 |
| publishDateSearch | 2014 |
| publishDateSort | 2014 |
| publisher | World Scientific |
| record_format | marc |
| spelling | Xu, Dianqing 1945- Verfasser (DE-588)170823504 aut Income disparity in China crisis within economic miracle by Dianqing Xu & Xin Li New Jersey World Scientific [2014] © 2014 1 online resource (xxii, 418 pages) illustrations txt rdacontent c rdamedia cr rdacarrier Description based on print version record Ch. 1. The widening gap between the rich and the poor will inevitably divide the society. 1.1. Facing the fact of the widening gap between the rich and the poor. 1.2. Gini coefficient: A measure of the gap between the rich and the poor. 1.3. Three gaps and six combinations. 1.4. Regional factors of the gap between urban and rural areas. 1.5. Income gap among all classes of society. 1.6. Urban and rural factors in the gap between the rich and the poor. 1.7. The gap between the rich and the poor and social stability. 1.8. The limitations of the Gini coefficient. 1.9. Different policies to govern the three gaps -- ch. 2. Lewis turning point. 2.1. Lewis model of Chinese transition in a dual economy. 2.2. Incentive mechanisms for farm workers to seek jobs and conduct business in cities. 2.3. How to judge the Lewis turning point. 2.4. Quantitative analysis of the Lewis turning point. 2.5. Why is there concern about the Lewis turning point? -- ch. 3. Surplus rural labor. 3.1. Is there surplus rural labor in China? 3.2. Definition of surplus rural labor. 3.3. Estimation method of surplus labor. 3.4. Very different estimates. 3.5. Estimation of surplus rural labor. 3.6. Approaches to transfer the surplus rural labor. 3.7. An arduous historical task. 3.8. Removing the obstacles in the transfer of surplus rural labor force. 3.9. Speak for whom? -- ch. 4. Story behind the labor shortage. 4.1. How does labor shortage occur? 4.2. Cyclical changes in the population structure. 4.3. Regional characteristics of labor shortage. 4.4. FarmWorkers' rational choice. 4.5. Labor shortage and industrial upgrade. 4.6. Labor shortage in terms of farm workers' age, education, and psychological characteristics -- ch. 5. Rule of industrial transfer. 5.1. Labor shortage and industrial transfer. 5.2. Historical track of the transfer of labor-intensive products. 5.3. America: The first runner in the relay race. 5.4. Japan: Recipient of the baton from the United States. 5.5. Four Asian economic giants: Receiving the baton from Japan. 5.6. China: The fourth baton. 5.7. Changing the rule of wages in industrial transfer. 5.8. Industrial transfer: Inexorable law of economic development. 5.9. Length of time for holding the labor-intensive products. 5.10. Industrial transfer and the migrant worker. 5.11. Passing the baton of industrial transfer to the next economy -- ch. 6. Consumption and expansion of domestic demand. 6.1. Theory of economic growth stages. 6.2. Expansion of domestic demand and investment in infrastructure. 6.3. Residents' consumption does not decline. 6.4. The increase in residents' consumption level requires comprehensive treatment. 6.5. Do government subsidies stimulate consumption? 6.6. The drinker's heart is not in the cup -- ch. 7. How long can the high savings ratio last? 7.1. Is the high savings rate at fault? 7.2. Consumption and savings: Any increase for one must mean a decline for the other. 7.3. Savings ratio of countries in the world varies considerably. 7.4. Consumption theory and elements that determine savings. 7.5. First-generation effect of savings. 7.6. Empirical analysis of China's savings rate. 7.7. How long can the high savings rate last? 7.8. Never to be misled by others in exceeding the proper limits in righting a wrong -- ch. 8. The proportion of labor compensation. 8.1. The confusing question. 8.2. Is the proportion of labor compensation actually declining? 8.3. Change in the statistical rules reduces labor compensation. 8.4. Change in the industrial structure results in the declining proportion of labor compensation. 8.5. Influence of the adjustment in the GDP data on the proportion of labor compensation. 8.6. Is the proportion of China's labor compensation in the GDP low? 8.7. Neither meeting trouble halfway nor making much ado about nothing -- ch. 9. Is the gap between urban and rural areas widening or narrowing? 9.1. Determining the cause and applying the right solutions. 9.2. The strange phenomenon violating the economic theory. 9.3. The division of urban and rural populations. 9.4. Space distribution of the farm workers. 9.5. Is the farm workers' income included in that of the urban residents or the rural residents? 9.6. Narrowing the gap between urban and rural areas is a serious challenge at present Ch. 10. The minimum wage law is a double-edged sword. 10.1. The trend in increasing the minimum wage. 10.2. Minimum wage in countries all over the world. 10.3. The calculation method for the minimum wage. 10.4. The dispute sparked by the minimum wage law. 10.5. When to set up the minimum wage. 10.6. Market mechanism and the minimum wage law. 10.7. Balance between the market and the government. 10.8. The timing of implementing the minimum wage law. 10.9. Relationship between the minimum wage and the unemployment rate. 10.10. Postponement of increasing the minimum wage -- ch. 11. The population trap and the demographic dividend. 11.1. Distinguishing the stock and increment of labor. 11.2. The necessary condition for the population trap. 11.3. Cyclic fluctuation of population distribution in China. 11.4. Disturbance of the population in China. 11.5. Population fitted line of developed countries. 11.6. Trend of the population structure change in developing countries. 11.7. Demographic dividend and economic growth -- ch. 12. Tax reform and the gap between the rich and the poor. 12.1. Three levels of the distribution mechanism. 12.2. A vague statement is difficult to be implement. 12.3. How to promote fairness in the production link. 12.4. The goal of tax reform is to reduce taxes. 12.5. The planned economy characteristics of the current tax system. 12.6. Basic concept of tax reform. 12.7. The computable general equilibrium in the tax reform. 12.8. Scenarios and results. 12.9. Will the reduction of the tax rate diminish the government tax revenue? 12.10. Property income and the income gap. 12.11. Specific conditions of tax reform. 12.12. Why is tax reform extremely difficult to implement? -- ch. 13. Preparing for danger in times of peace to prevent a financial crisis. 13.1. Financial risks brought by excess currency liquidity. 13.2. The dammed lake formed by the savings deposits of urban and rural residents. 13.3. Seriously distorted fund flow. 13.4. Threat of the negative interest rate. 13.5. Will deflation occur? 13.6. Prevent imported inflation. 13.7. Preparing for danger in times of peace and strengthening awareness of crisis. 13.8. Characteristics of a financial crisis. 13.9. Rapid economic development does not mean no financial risk. 13.10. Deal with the situation calmly to solve the crisis -- ch. 14. Populism experiment of Latin America. 14.1. The results of promoting populism come in opposites. 14.2. The rise and fall of peronism. 14.3. The mud left by populism. 14.4. Chile's populism tragedy. 14.5. The lessons of populism in Latin America -- ch. 15. Who divides Thailand? 15.1. Where did the Red-Shirt and Yellow-Shirt armies come from? 15.2. Source of the upheaval in Thailand. 15.3. Polarization intensifies the gap between the rich and the poor. 15.4. Blood-stained street full of violence and unrest. 15.5 Division of society led to unending trouble -- ch. 16. Criticizing populism and depending on market mechanisms to narrow the gap between the rich and the poor. 16.1. What is populism? 16.2. Origin of populism. 16.3. Variability of populism. 16.4. Paradox of populism. 16.5. Reasons and conditions for the spread of populism. 16.6. Consequences of the spread of populism. 16.7. Guided populism according to circumstances and taking precaution beforehand. 16.8. Dangerous sign of a divided society. 16.9. Two sides of a coin: Market mechanism and government intervention. 16.10. The sole basis of government policies is to liberate productive forces and promote social progress China has achieved remarkable economic success in the past three decades and has become the second-largest economy in the world after the United States. However, accompanying this rapid economic growth is an increasing income inequality. In recent years, China's income disparity has reached an alarming level, making it one of the countries with the most unequal income distribution in the world. The widening income gap is the root cause of many issues in contemporary China. How should China step up distribution system reform? How should China deepen the reforms to its fiscal and tax systems? Should the government increase wages to achieve the income multiplication plan? What is the fundamental measure to tackle income disparity issues in China? With in-depth analysis and empirical studies on these questions, this book provides comprehensive perspectives on China's income disparity issues that most international scholars are concerned about BUSINESS & ECONOMICS / Economics / Macroeconomics bisacsh POLITICAL SCIENCE / Economic Conditions bisacsh Economic history fast Economic policy fast Income distribution fast Poor fast Wirtschaft Wirtschaft. Geschichte Wirtschaftspolitik Income distribution China Poor China Li, Xin Sonstige oth Erscheint auch als Druck-Ausgabe Xu, Dianqing Income disparity in China HBZ Datenaustausch application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=029191663&sequence=000001&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA Inhaltsverzeichnis |
| spellingShingle | Xu, Dianqing 1945- Income disparity in China crisis within economic miracle Ch. 1. The widening gap between the rich and the poor will inevitably divide the society. 1.1. Facing the fact of the widening gap between the rich and the poor. 1.2. Gini coefficient: A measure of the gap between the rich and the poor. 1.3. Three gaps and six combinations. 1.4. Regional factors of the gap between urban and rural areas. 1.5. Income gap among all classes of society. 1.6. Urban and rural factors in the gap between the rich and the poor. 1.7. The gap between the rich and the poor and social stability. 1.8. The limitations of the Gini coefficient. 1.9. Different policies to govern the three gaps -- ch. 2. Lewis turning point. 2.1. Lewis model of Chinese transition in a dual economy. 2.2. Incentive mechanisms for farm workers to seek jobs and conduct business in cities. 2.3. How to judge the Lewis turning point. 2.4. Quantitative analysis of the Lewis turning point. 2.5. Why is there concern about the Lewis turning point? -- ch. 3. Surplus rural labor. 3.1. Is there surplus rural labor in China? 3.2. Definition of surplus rural labor. 3.3. Estimation method of surplus labor. 3.4. Very different estimates. 3.5. Estimation of surplus rural labor. 3.6. Approaches to transfer the surplus rural labor. 3.7. An arduous historical task. 3.8. Removing the obstacles in the transfer of surplus rural labor force. 3.9. Speak for whom? -- ch. 4. Story behind the labor shortage. 4.1. How does labor shortage occur? 4.2. Cyclical changes in the population structure. 4.3. Regional characteristics of labor shortage. 4.4. FarmWorkers' rational choice. 4.5. Labor shortage and industrial upgrade. 4.6. Labor shortage in terms of farm workers' age, education, and psychological characteristics -- ch. 5. Rule of industrial transfer. 5.1. Labor shortage and industrial transfer. 5.2. Historical track of the transfer of labor-intensive products. 5.3. America: The first runner in the relay race. 5.4. Japan: Recipient of the baton from the United States. 5.5. Four Asian economic giants: Receiving the baton from Japan. 5.6. China: The fourth baton. 5.7. Changing the rule of wages in industrial transfer. 5.8. Industrial transfer: Inexorable law of economic development. 5.9. Length of time for holding the labor-intensive products. 5.10. Industrial transfer and the migrant worker. 5.11. Passing the baton of industrial transfer to the next economy -- ch. 6. Consumption and expansion of domestic demand. 6.1. Theory of economic growth stages. 6.2. Expansion of domestic demand and investment in infrastructure. 6.3. Residents' consumption does not decline. 6.4. The increase in residents' consumption level requires comprehensive treatment. 6.5. Do government subsidies stimulate consumption? 6.6. The drinker's heart is not in the cup -- ch. 7. How long can the high savings ratio last? 7.1. Is the high savings rate at fault? 7.2. Consumption and savings: Any increase for one must mean a decline for the other. 7.3. Savings ratio of countries in the world varies considerably. 7.4. Consumption theory and elements that determine savings. 7.5. First-generation effect of savings. 7.6. Empirical analysis of China's savings rate. 7.7. How long can the high savings rate last? 7.8. Never to be misled by others in exceeding the proper limits in righting a wrong -- ch. 8. The proportion of labor compensation. 8.1. The confusing question. 8.2. Is the proportion of labor compensation actually declining? 8.3. Change in the statistical rules reduces labor compensation. 8.4. Change in the industrial structure results in the declining proportion of labor compensation. 8.5. Influence of the adjustment in the GDP data on the proportion of labor compensation. 8.6. Is the proportion of China's labor compensation in the GDP low? 8.7. Neither meeting trouble halfway nor making much ado about nothing -- ch. 9. Is the gap between urban and rural areas widening or narrowing? 9.1. Determining the cause and applying the right solutions. 9.2. The strange phenomenon violating the economic theory. 9.3. The division of urban and rural populations. 9.4. Space distribution of the farm workers. 9.5. Is the farm workers' income included in that of the urban residents or the rural residents? 9.6. Narrowing the gap between urban and rural areas is a serious challenge at present Ch. 10. The minimum wage law is a double-edged sword. 10.1. The trend in increasing the minimum wage. 10.2. Minimum wage in countries all over the world. 10.3. The calculation method for the minimum wage. 10.4. The dispute sparked by the minimum wage law. 10.5. When to set up the minimum wage. 10.6. Market mechanism and the minimum wage law. 10.7. Balance between the market and the government. 10.8. The timing of implementing the minimum wage law. 10.9. Relationship between the minimum wage and the unemployment rate. 10.10. Postponement of increasing the minimum wage -- ch. 11. The population trap and the demographic dividend. 11.1. Distinguishing the stock and increment of labor. 11.2. The necessary condition for the population trap. 11.3. Cyclic fluctuation of population distribution in China. 11.4. Disturbance of the population in China. 11.5. Population fitted line of developed countries. 11.6. Trend of the population structure change in developing countries. 11.7. Demographic dividend and economic growth -- ch. 12. Tax reform and the gap between the rich and the poor. 12.1. Three levels of the distribution mechanism. 12.2. A vague statement is difficult to be implement. 12.3. How to promote fairness in the production link. 12.4. The goal of tax reform is to reduce taxes. 12.5. The planned economy characteristics of the current tax system. 12.6. Basic concept of tax reform. 12.7. The computable general equilibrium in the tax reform. 12.8. Scenarios and results. 12.9. Will the reduction of the tax rate diminish the government tax revenue? 12.10. Property income and the income gap. 12.11. Specific conditions of tax reform. 12.12. Why is tax reform extremely difficult to implement? -- ch. 13. Preparing for danger in times of peace to prevent a financial crisis. 13.1. Financial risks brought by excess currency liquidity. 13.2. The dammed lake formed by the savings deposits of urban and rural residents. 13.3. Seriously distorted fund flow. 13.4. Threat of the negative interest rate. 13.5. Will deflation occur? 13.6. Prevent imported inflation. 13.7. Preparing for danger in times of peace and strengthening awareness of crisis. 13.8. Characteristics of a financial crisis. 13.9. Rapid economic development does not mean no financial risk. 13.10. Deal with the situation calmly to solve the crisis -- ch. 14. Populism experiment of Latin America. 14.1. The results of promoting populism come in opposites. 14.2. The rise and fall of peronism. 14.3. The mud left by populism. 14.4. Chile's populism tragedy. 14.5. The lessons of populism in Latin America -- ch. 15. Who divides Thailand? 15.1. Where did the Red-Shirt and Yellow-Shirt armies come from? 15.2. Source of the upheaval in Thailand. 15.3. Polarization intensifies the gap between the rich and the poor. 15.4. Blood-stained street full of violence and unrest. 15.5 Division of society led to unending trouble -- ch. 16. Criticizing populism and depending on market mechanisms to narrow the gap between the rich and the poor. 16.1. What is populism? 16.2. Origin of populism. 16.3. Variability of populism. 16.4. Paradox of populism. 16.5. Reasons and conditions for the spread of populism. 16.6. Consequences of the spread of populism. 16.7. Guided populism according to circumstances and taking precaution beforehand. 16.8. Dangerous sign of a divided society. 16.9. Two sides of a coin: Market mechanism and government intervention. 16.10. The sole basis of government policies is to liberate productive forces and promote social progress China has achieved remarkable economic success in the past three decades and has become the second-largest economy in the world after the United States. However, accompanying this rapid economic growth is an increasing income inequality. In recent years, China's income disparity has reached an alarming level, making it one of the countries with the most unequal income distribution in the world. The widening income gap is the root cause of many issues in contemporary China. How should China step up distribution system reform? How should China deepen the reforms to its fiscal and tax systems? Should the government increase wages to achieve the income multiplication plan? What is the fundamental measure to tackle income disparity issues in China? With in-depth analysis and empirical studies on these questions, this book provides comprehensive perspectives on China's income disparity issues that most international scholars are concerned about BUSINESS & ECONOMICS / Economics / Macroeconomics bisacsh POLITICAL SCIENCE / Economic Conditions bisacsh Economic history fast Economic policy fast Income distribution fast Poor fast Wirtschaft Wirtschaft. Geschichte Wirtschaftspolitik Income distribution China Poor China |
| title | Income disparity in China crisis within economic miracle |
| title_auth | Income disparity in China crisis within economic miracle |
| title_exact_search | Income disparity in China crisis within economic miracle |
| title_full | Income disparity in China crisis within economic miracle by Dianqing Xu & Xin Li |
| title_fullStr | Income disparity in China crisis within economic miracle by Dianqing Xu & Xin Li |
| title_full_unstemmed | Income disparity in China crisis within economic miracle by Dianqing Xu & Xin Li |
| title_short | Income disparity in China |
| title_sort | income disparity in china crisis within economic miracle |
| title_sub | crisis within economic miracle |
| topic | BUSINESS & ECONOMICS / Economics / Macroeconomics bisacsh POLITICAL SCIENCE / Economic Conditions bisacsh Economic history fast Economic policy fast Income distribution fast Poor fast Wirtschaft Wirtschaft. Geschichte Wirtschaftspolitik Income distribution China Poor China |
| topic_facet | BUSINESS & ECONOMICS / Economics / Macroeconomics POLITICAL SCIENCE / Economic Conditions Economic history Economic policy Income distribution Poor Wirtschaft Wirtschaft. Geschichte Wirtschaftspolitik Income distribution China Poor China |
| url | http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=029191663&sequence=000001&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA |
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