National Library of Australia

Due to major building activity, some collections are unavailable. Please check your requests before visiting. Learn more.

You must be logged in to Tag Records
Poverty, inequality and social disparities during China's economic reform / by David Dollar
Bib ID 4270684
Format BookBook, OnlineOnline
Author
Dollar, David
 
Online Versions
Description [Washington, D.C.] : World Bank, Beijing (China/Mongolia) Office, [2007] 
28 p. : ill. ; 28 cm. 
Series

Policy research working papers ; 4253.

Summary

China has been the most rapidly growing economy in the world over the past 25 years. This growth has fueled a remarkable increase in per capita income and a decline in the poverty rate from 64% at the beginning of reform to 10% in 2004. At the same time, however, different kinds of disparities have increased. Income inequality has risen, propelled by the rural-urban income gap and by the growing disparity between highly educated urban professionals and the urban working class. There have also been increases in inequality of health and education outcomes. Some rise in inequality was inevitable as China introduced a market system, but inequality may have been exacerbated rather than mitigated by a number of policy features. Restrictions on ruralurban migration have limited opportunities for the relatively poor rural population. The inability to sell or mortgage rural land has further reduced opportunities. China has a uniquely decentralized fiscal system that has relied on local government to fund basic health and education. The result has been that poor villages could not afford to provide good services, and poor households could not afford the high private costs of basic public services. Ironically, the large trade surplus that China has built up in recent years is a further problem, in that it stimulates an urban industrial sector that no longer creates many jobs while restricting the government's ability to increase spending to improve services and address disparities. The government's recent policy shift to encourage migration, fund education and health for poor areas and poor households, and rebalance the economy away from investment and exports toward domestic consumption and public services, should help reduce social disparities.

Notes

"June 2007"

Includes bibliographical references (p. 20-21).

Also available on the World Wide Web.

000 02615cam a2200205Ma 4500
001 4270684
005 20071206114633.0
008 050816s2007    dcu      b   i000 0 eng d
040 |aOCoLC|beng
100 1 |aDollar, David.
245 1 0 |aPoverty, inequality and social disparities during China's economic reform /|cby David Dollar.
260 |a[Washington, D.C.] :|bWorld Bank, Beijing (China/Mongolia) Office,|c[2007]
300 |a28 p. :|bill. ;|c28 cm.
490 1 |aPolicy research working paper ;|v4253
500 |a"June 2007"
504 |aIncludes bibliographical references (p. 20-21).
520 3 |aChina has been the most rapidly growing economy in the world over the past 25 years. This growth has fueled a remarkable increase in per capita income and a decline in the poverty rate from 64% at the beginning of reform to 10% in 2004. At the same time, however, different kinds of disparities have increased. Income inequality has risen, propelled by the rural-urban income gap and by the growing disparity between highly educated urban professionals and the urban working class. There have also been increases in inequality of health and education outcomes. Some rise in inequality was inevitable as China introduced a market system, but inequality may have been exacerbated rather than mitigated by a number of policy features. Restrictions on ruralurban migration have limited opportunities for the relatively poor rural population. The inability to sell or mortgage rural land has further reduced opportunities. China has a uniquely decentralized fiscal system that has relied on local government to fund basic health and education. The result has been that poor villages could not afford to provide good services, and poor households could not afford the high private costs of basic public services. Ironically, the large trade surplus that China has built up in recent years is a further problem, in that it stimulates an urban industrial sector that no longer creates many jobs while restricting the government's ability to increase spending to improve services and address disparities. The government's recent policy shift to encourage migration, fund education and health for poor areas and poor households, and rebalance the economy away from investment and exports toward domestic consumption and public services, should help reduce social disparities.
530 |aAlso available on the World Wide Web.
830 0 |aPolicy research working papers ;|v4253.
856 4 1 |uhttp://www-wds.worldbank.org/external/default/WDSContentServer/IW3P/IB/2007/06/13/000016406%5F20070613095018/Rendered/PDF/wps4253.pdf
close Can I borrow items from the Library?

You need Flash player 8+ and JavaScript enabled to view this video embedded.

You can view this on the NLA website.

close What can I get online?

You need Flash player 8+ and JavaScript enabled to view this video embedded.

You can view this on the NLA website.

close Can I get copies of items from the Library?

You need Flash player 8+ and JavaScript enabled to view this video embedded.

You can view this on the NLA website.

Aboriginal and Torres Strait Islander Flags
Aboriginal, Torres Strait Islander and other First Nations people are advised that this catalogue contains names, recordings and images of deceased people and other content that may be culturally sensitive. Please also be aware that you may see certain words or descriptions in this catalogue which reflect the author’s attitude or that of the period in which the item was created and may now be considered offensive.