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| Description | | - Draws together quantitative survey-based research by the authors, conducted over more than a decade, to explain China's move from an administered labour system towards the creation of a market
- Covers the main aspects of the transformation
- The subject is of such importance and general interest, the book is written for development, labour, and transition economists as well as for China specialists
- Adopts a systemic approach, using economic and sociological theory, institutional analysis and political economy to explain the causes, obstacles and consequences of the move towards a labour market
| Combining remarkable economic transition and dynamic growth, China may well have the most fascinating economy in the world. Over the period of economic reform China has moved from an administered labour system towards the creation of a labour market. The scale of this transformation, involving new economic incentives, vast labour migration, draconian retrenchment of state workers, and sharply
rising wage inequality, is unprecedented in world history.
The authors draw on more than a decade of their research to document and analyse this process. The book uses the rigorous analysis and empirical methodology of modern economics. Much of the evidence used is survey-based but a systematic approach is adopted: economic and sociological theory, institutional analysis and political economy
are also used to explain the causes, pressures, obstacles and consequences of the move towards a labour market. It is argued that much progress has been made towards the creation of a labour market but that the process is far from complete. This is reflected in the growing importance of productivity to wages, on the one hand, and the growing wage segmentation across regions and firms, on the
other. The underlying policy issue is the tension and trade-off between efficiency and equity objectives, stressed throughout the book.
Because the subject is of such importance and general interest, the book is written for development economists, labour economists, and transition economists as well as for China specialists. |
Readership: Development, labour and transition economists; China specialists; Postgraduate and final year undergraduates studying development economics, labour economics, transition economics, or the Chinese economy or society.
| Contents |
Introduction
1.
Setting the Stage
2.
Labour Policy and Progress
The Urban Labour Market
3.
Increasing Wage Inequality
4.
The Spatial Behaviour of Wages
5.
Rural Migrants in Urban Enterprises
6.
Redundancies, Unemployment and Migration
7.
Immobility and Segmentation of Labour
The Rural Labour Market
8.
Rural Labour Allocation
9.
The Imperfect Labour Market
10.
Conclusion
|
| Authors, editors,
and contributors |
John Knight, Oxford University and
Lina Song, School of Sociology and Social Policy, University of Nottingham
|
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