The Distribution of Wealth in Urban China and in China as a Whole in 1995

The Distribution of Wealth in Urban China and in China as a Whole in 1995
Title The Distribution of Wealth in Urban China and in China as a Whole in 1995 PDF eBook
Author Björn Gustafsson
Publisher
Pages 0
Release 2006
Genre
ISBN

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The composition, inequality and determinants of wealth among households in urban China in 1995 are studied. In addition, we compare the wealth distribution in urban China with the wealth distribution in rural China and present the first estimates of inequality in the distribution of household wealth in China as a whole. The results show that housing wealth makes up a large part of net worth in urban China. Most urban Chinese households keep a bank account; debts are unusual. A household's net worth is strongly related to its income and location. Net worth is more unequally distributed among urban households than among rural households. However, compared to the situation in most industrialized countries, net worth in urban China and in China as a whole appear to be rather equally distributed.

Wealth Accumulation and Distribution in Urban China

Wealth Accumulation and Distribution in Urban China
Title Wealth Accumulation and Distribution in Urban China PDF eBook
Author Xin Meng
Publisher
Pages
Release 2007
Genre Income distribution
ISBN

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"Under socialism it was neither possible nor necessary to accumulate significant levels of personal wealth. The acceleration of economic reform in the last decade, however, has brought dramatic increases in income and investment opportunities. Reform has also reduced social protections provided by the state welfare system. In response to these changes, between 1995 and 2002, urban average real household net total wealth increased by 24 per cent per annum. There is a concern, however, that those accumulating wealth are the economic and political elites while those unable to accumulate wealth are the most vulnerable workers who are losing social protection. Using Chinese urban survey data of 1995, 1999, and 2002, this paper investigates this issue. It is found that households with above average income have accumulated more wealth than their poorer counterparts. In addition, a large proportion of this wealth accumulation may be from non-earned sources, such as buying larger and better housing at highly subsidized prices. Furthermore, party members and their children have benefited a great deal from this fast wealth accumulation process. Although at lower rates, the poor and vulnerable have also been able to accumulate wealth"--Forschungsinstitut zur Zukunft der Arbeit web site.

The Distribution of Wealth in Rural China

The Distribution of Wealth in Rural China
Title The Distribution of Wealth in Rural China PDF eBook
Author Terry McKinley
Publisher Routledge
Pages 240
Release 2016-09-16
Genre Business & Economics
ISBN 1315481715

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Based on an analysis of a 1988 nationwide sample survey of 10,258 households, this book aims to offer insights into issues of rural inequality in China. The work focuses on the study of wealth rather than income as the primary measure.

Income Distribution in Urban China During the Period of Economic Reform and Globalization

Income Distribution in Urban China During the Period of Economic Reform and Globalization
Title Income Distribution in Urban China During the Period of Economic Reform and Globalization PDF eBook
Author Azizur Rahman Khan
Publisher
Pages 0
Release 2014
Genre
ISBN

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The paper addresses three issues: (i) the effects of economic reform on the distribution of income in the urban areas of China, (ii) changes in the incidence of urban poverty and (iii) the role of government policy in accentuating urban poverty and inequality. The empirical analysis is based on two purpose designed national sample surveys conducted in 1988 and 1995. We show that urban inequality has increased sharply and that urban poverty, depending on the indicator used, either declined insignificantly or worsened significantly. Government policies were unequalizing.

Rising Inequality in China

Rising Inequality in China
Title Rising Inequality in China PDF eBook
Author Shi Li
Publisher Cambridge University Press
Pages 531
Release 2013-10-31
Genre Business & Economics
ISBN 1107002915

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This book examines the evolution of economic inequality in China from 2002 to 2007; a sequel to Inequality and Public Policy in China (2008).

China's Retreat from Equality

China's Retreat from Equality
Title China's Retreat from Equality PDF eBook
Author Carl Riskin
Publisher Routledge
Pages 475
Release 2016-07-08
Genre Business & Economics
ISBN 1315499592

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A collection of 13 essays based on two national surveys of household income in China - in 1985 and 1995 - and prepared and carried out by the research team. These essays explore a wide range of aspects of the rapidly changing income distribution during this period.

Inequality in China – Trends, Drivers and Policy Remedies

Inequality in China – Trends, Drivers and Policy Remedies
Title Inequality in China – Trends, Drivers and Policy Remedies PDF eBook
Author Ms.Sonali Jain-Chandra
Publisher International Monetary Fund
Pages 31
Release 2018-06-05
Genre Business & Economics
ISBN 1484357531

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China has experienced rapid economic growth over the past two decades and is on the brink of eradicating poverty. However, income inequality increased sharply from the early 1980s and rendered China among the most unequal countries in the world. This trend has started to reverse as China has experienced a modest decline in inequality since 2008. This paper identifies various drivers behind these trends – including structural changes such as urbanization and aging and, more recently, policy initiatives to combat it. It finds that policies will need to play an important role in curbing inequality in the future, as projected structural trends will put further strain on equity considerations. In particular, fiscal policy reforms have the potential to enhance inclusiveness and equity, both on the tax and expenditure side.