Labour and the Failure of Reform in China

Labour and the Failure of Reform in China
Title Labour and the Failure of Reform in China PDF eBook
Author Michael Korzec
Publisher Springer
Pages 118
Release 1992-06-18
Genre Business & Economics
ISBN 1349118044

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Examines the policies of labour reform in China, with particular reference to occupational inheritance, flexible labour efficiency wage and enterprise behaviour.

Labour Market Reform in China

Labour Market Reform in China
Title Labour Market Reform in China PDF eBook
Author Xin Meng
Publisher Cambridge University Press
Pages 241
Release 2000-05-11
Genre Business & Economics
ISBN 1139431676

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Labour Market Reform in China documents and analyses institutional changes in the Chinese labour market over the last twenty-five years, and argues that further reform is necessary if China is to sustain its high growth rates. The book first assesses the problems associated with the pre-reform labour arrangements. It offers an in-depth analysis of the urban labour market and its impact on individual wage determination, ownership structure, labour compensation and labour demand and of social security reform. In its main chapters, the book investigates the impact of rural economic reform on rural labour market. Detailed consideration is given to the rural agricultural labour market, labour arrangement in the rural non-agricultural sector, and the wage gap between the rural agricultural and non-agricultural sectors. Finally, the book examines the phenomenon of rural-urban migration, its impact on rural and urban economic growth, and models its effect on urban employment, unemployment and earnings.

Changes in China's Labor Market

Changes in China's Labor Market
Title Changes in China's Labor Market PDF eBook
Author
Publisher
Pages 216
Release 1996
Genre Employment forecasting
ISBN

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China

China
Title China PDF eBook
Author Ross Garnaut
Publisher Asia Pacific Press
Pages 252
Release 1999
Genre Business & Economics
ISBN

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How Migrant Labor is Changing Rural China

How Migrant Labor is Changing Rural China
Title How Migrant Labor is Changing Rural China PDF eBook
Author Rachel Murphy
Publisher Cambridge University Press
Pages 310
Release 2002-09-19
Genre Business & Economics
ISBN 9780521005302

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Her analysis focuses on the human experiences and strategies that precipitate shifts in national and local policies for economic development; she also examines the responses of migrants, nonmigrants, and officials to changing circumstances, obstacles, and opportunities. This pioneering study is rich in original source materials and anecdotes and also offers useful, comparative examples from other developing countries."--Jacket.

China's Economic Rise

China's Economic Rise
Title China's Economic Rise PDF eBook
Author Congressional Research Service
Publisher Createspace Independent Publishing Platform
Pages 52
Release 2017-09-17
Genre
ISBN 9781976466953

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Prior to the initiation of economic reforms and trade liberalization 36 years ago, China maintained policies that kept the economy very poor, stagnant, centrally-controlled, vastly inefficient, and relatively isolated from the global economy. Since opening up to foreign trade and investment and implementing free market reforms in 1979, China has been among the world's fastest-growing economies, with real annual gross domestic product (GDP) growth averaging nearly 10% through 2016. In recent years, China has emerged as a major global economic power. It is now the world's largest economy (on a purchasing power parity basis), manufacturer, merchandise trader, and holder of foreign exchange reserves.The global economic crisis that began in 2008 greatly affected China's economy. China's exports, imports, and foreign direct investment (FDI) inflows declined, GDP growth slowed, and millions of Chinese workers reportedly lost their jobs. The Chinese government responded by implementing a $586 billion economic stimulus package and loosening monetary policies to increase bank lending. Such policies enabled China to effectively weather the effects of the sharp global fall in demand for Chinese products, but may have contributed to overcapacity in several industries and increased debt by Chinese firms and local government. China's economy has slowed in recent years. Real GDP growth has slowed in each of the past six years, dropping from 10.6% in 2010 to 6.7% in 2016, and is projected to slow to 5.7% by 2022.The Chinese government has attempted to steer the economy to a "new normal" of slower, but more stable and sustainable, economic growth. Yet, concerns have deepened in recent years over the health of the Chinese economy. On August 11, 2015, the Chinese government announced that the daily reference rate of the renminbi (RMB) would become more "market-oriented." Over the next three days, the RMB depreciated against the dollar and led to charges that China's goal was to boost exports to help stimulate the economy (which some suspect is in worse shape than indicated by official Chinese economic statistics). Concerns over the state of the Chinese economy appear to have often contributed to volatility in global stock indexes in recent years.The ability of China to maintain a rapidly growing economy in the long run will likely depend largely on the ability of the Chinese government to implement comprehensive economic reforms that more quickly hasten China's transition to a free market economy; rebalance the Chinese economy by making consumer demand, rather than exporting and fixed investment, the main engine of economic growth; boost productivity and innovation; address growing income disparities; and enhance environmental protection. The Chinese government has acknowledged that its current economic growth model needs to be altered and has announced several initiatives to address various economic challenges. In November 2013, the Communist Party of China held the Third Plenum of its 18th Party Congress, which outlined a number of broad policy reforms to boost competition and economic efficiency. For example, the communique stated that the market would now play a "decisive" role in allocating resources in the economy. At the same time, however, the communique emphasized the continued important role of the state sector in China's economy. In addition, many foreign firms have complained that the business climate in China has worsened in recent years. Thus, it remains unclear how committed the Chinese government is to implementing new comprehensive economic reforms.China's economic rise has significant implications for the United States and hence is of major interest to Congress. This report provides background on China's economic rise; describes its current economic structure; identifies the challenges China faces to maintain economic growth; and discusses the challenges, opportunities, and implications of China's economic rise.

Changing Workplace Relations in the Chinese Economy

Changing Workplace Relations in the Chinese Economy
Title Changing Workplace Relations in the Chinese Economy PDF eBook
Author M. Warner
Publisher Springer
Pages 311
Release 2000-05-31
Genre Business & Economics
ISBN 033397803X

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Changing Workplace Relations in the Chinese Economy attempts to deal with how China's economic reforms have undermined the 'iron rice-bowl' system which since the 1950s has provided both 'lifetime-employment' and 'cradle-to-the-grave' welfare for many workers, particularly those in state-owned enterprises. It starts by examining the background of these reforms and how they have changed workplace relations in the Chinese economy; it will also look at key themes relating to the role of trade unions and the management of human resources in both state-owned and joint-venture firms; finally, a number of illustrative case-studies involving industrial relations and human resource management are set out. A set of contributors, drawn from a wide range of disciplines and nationalities who are expert in these fields, have contributed chapters to the volume.