Lewisian Turning Point In The Chinese Economy PDF Download
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Author | : R. Minami |
Publisher | : Springer |
Total Pages | : 226 |
Release | : 2014-06-30 |
Genre | : Business & Economics |
ISBN | : 1137397268 |
Download Lewisian Turning Point in the Chinese Economy Book in PDF, ePub and Kindle
This volume is concerned with labor market developments in China from a comparative perspective on selected East and South Asian countries. It closely examines the changing structure of China's labor market in the context of the Lewisisan turning point in ecomomic development.
Author | : Ms.Mitali Das |
Publisher | : International Monetary Fund |
Total Pages | : 21 |
Release | : 2013-01-29 |
Genre | : Business & Economics |
ISBN | : 1475525192 |
Download Chronicle of a Decline Foretold Book in PDF, ePub and Kindle
China is on the eve of a demographic shift that will have profound consequences on its economic and social landscape. Within a few years the working age population will reach a historical peak, and then begin a precipitous decline. This fact, along with anecdotes of rapidly rising migrant wages and episodic labor shortages, has raised questions about whether China is poised to cross the Lewis Turning Point, a point at which it would move from a vast supply of low-cost workers to a labor shortage economy. Crossing this threshold will have far-reaching implications for both China and the rest of the world. This paper empirically assesses when the transition to a labor shortage economy is likely to occur. Our central result is that on current trends, the Lewis Turning Point will emerge between 2020 and 2025. Alternative scenarios—with higher fertility, greater labor participation rates, financial reform or higher productivity—may peripherally delay or accelerate the onset of the turning point, but demographics will be the dominant force driving the depletion of surplus labor.
Author | : Yiping Huang |
Publisher | : Routledge |
Total Pages | : 228 |
Release | : 2016-04-08 |
Genre | : Business & Economics |
ISBN | : 1134925980 |
Download Debating the Lewis Turning Point in China Book in PDF, ePub and Kindle
HUANG Yiping is Professor of Economics at the China Center for Economic Research, National School of Development, Peking University, China. He is also an adjunct professor at the Australian National University and a member of the China Finance 40 Forum. His current research focuses on macroeconomic policy, international finance and rural development. CAI Fang is Director, Professor and Fellow at the Institute of Population and Labor Economics, Chinese Academy of Social Sciences, China. He serves as Vice Chairman of the China Population Association. His current research focuses on China’s labor migration, population and development, economic reform, income distribution and poverty.
Author | : Fang Cai |
Publisher | : Springer Nature |
Total Pages | : 278 |
Release | : 2021-03-23 |
Genre | : Business & Economics |
ISBN | : 9813363223 |
Download Understanding China's Economy Book in PDF, ePub and Kindle
This book reviews and examines the reform and opening up in China from 1978 to 2011. It analyzes how China avoided to fall into the middle-income trap over those 33 years. The book makes a deep analysis of understanding how Chinese economy became a miracle in the world economic history and its development stages, as well as the overseas erroneous understanding of the existence of Chinese economy. The author analyzes from three aspects: how to break the “impossible triangle”, how to achieve middle-to-high speed growth in L model, and how to release a new dividend of urbanization. After Chinese economy entered the Lewis turning point, China faced the dilemma of labor transformation and the disappearance of demographic dividend, the demographic dividend turned to the reform dividend. The author points out and suggests that a new round of growth should be achieved by improving the total factor productivity in order to find a new way for the Chinese economy. This book plays an important role of comprehending Chinese economy under current complex economic situation. This book helps readers to understand Chinese economy from many aspects: impossible triangle, L model growth, Malthus trap, dual economy, aging problem, demographic dividend, reform dividend, trap of middle income, globalization, etc. The author as an economist aims for the public explaining the professional knowledge in a concise and easy way. This book delivers the information of discerning and understanding the economic trend, and predicting the future.
Author | : Ross Garnaut |
Publisher | : China Update |
Total Pages | : 418 |
Release | : 2006 |
Genre | : Business & Economics |
ISBN | : |
Download The Turning Point in China's Economic Development Book in PDF, ePub and Kindle
The book discusses China's economic transformation with contributions made by leading analysts from China, the United States and Australia.
Author | : Xinxin Ma |
Publisher | : Springer |
Total Pages | : 303 |
Release | : 2018-12-30 |
Genre | : Business & Economics |
ISBN | : 9811319871 |
Download Economic Transition and Labor Market Reform in China Book in PDF, ePub and Kindle
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 | : Fang Cai |
Publisher | : |
Total Pages | : 0 |
Release | : 2015 |
Genre | : |
ISBN | : |
Download Haste Makes Waste Book in PDF, ePub and Kindle
This paper provides a framework for assessing the health of China's macro economy and the sustainability of economic growth by combining supply-side and demand-side factors and by considering their relationship at different stages of development. As the Chinese economy passed through its Lewis turning point, weakened supply-side factors caused its growth to slow. The increasing concern regarding the economic slowdown has induced both the central and local governments to implement various stimulus plans through instruments of macroeconomic, industrial and regional policies. By examining where the imbalances of the Chinese economy really lie and investigating the determinants of the current slowdown and of the enhancement of the potential growth rate, the present paper suggests that the best path of action for the Chinese Government is not to stimulate growth through demand-side factors but to increase the potential growth rate through reforms in certain key areas.
Author | : Cai Fang |
Publisher | : Routledge |
Total Pages | : 267 |
Release | : 2020-05-17 |
Genre | : Business & Economics |
ISBN | : 1000052826 |
Download Demographic Perspective of China’s Economic Development Book in PDF, ePub and Kindle
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.
Author | : Prema-chandra Athukorala |
Publisher | : |
Total Pages | : 0 |
Release | : 2018 |
Genre | : |
ISBN | : |
Download Economic Transition and Labour Market Dynamics in China Book in PDF, ePub and Kindle
Has the Chinese economy approached the 'Lewisian turning point' that marks the ending of the initial phase of industrial transformation fuelled by surplus labour? In this paper we undertake an interpretative survey of the literature on this issue, in the context of China's labour market conditions prior to the reforms and structural change of the past three decades. The available evidence is mixed, and our assessment makes a strong case for probing institutional constraints to labour mobility from an economy-wide perspective, going beyond the confines of the rural economy.
Author | : Cai Fang |
Publisher | : Edward Elgar Publishing |
Total Pages | : 247 |
Release | : 2016-01-29 |
Genre | : Business & Economics |
ISBN | : 1781005850 |
Download China’s Economic Growth Prospects Book in PDF, ePub and Kindle
China has grown rapidly since the reform initiation of the 1970s. China’s Economic Growth Prospects narrates the contribution of demographic transition to recent economic growth in China, and provides suggestions for ways in which it can sustain growth over the next few decades. The expert author provides reasons for the economic slowdown since the second decade of the twenty-first century; explores the challenges facing China’s long-term sustainability of growth with the disappearance of demographic dividend; and proposes policy suggestions. He concludes that, in order to avoid the middle-income trap, economic growth in China must transform from an inputs-driven pattern, to a productivity-driven pattern. Academics, researchers and students of economics and business, particularly those specialising in China, will find this book to be a useful resource. Investment bankers, journalists, politicians and policy makers will find the discussions of past experience and the future potential of the Chinese economy to be of interest.