An Essay on Economic Reforms and Social Change in China
The author applies a systems-oriented "holistic" approach to China's radical economic reforms during the past quarter of a century. He characterizes China's economic reforms in terms of a multidimensional classification of economic systems. When looking at the economic consequenc...
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| Format: | Policy Research Working Paper |
| Language: | English en_US |
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World Bank, Washington, DC
2012
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| Online Access: | http://documents.worldbank.org/curated/en/2006/11/7208933/essay-economic-reforms-social-change-china http://hdl.handle.net/10986/8874 |
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okr-10986-8874 |
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| recordtype |
oai_dc |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English en_US |
| topic |
AGRICULTURAL LAND AGRICULTURE ANNUAL SALES ASSET MANAGEMENT ASSET MANAGEMENT COMPANIES ASSET STRIPPING ASSETS AUTONOMY BALANCE SHEETS BANK DEPOSITS BANK LENDING BANK LOANS BONDS CAPITAL FLOWS CAPITAL MOBILITY CENTRAL GOVERNMENT COLLECTIVE OWNERSHIP COLLUSION COMMERCIAL BANKS COMPARATIVE ADVANTAGE CURRENT PRICES DEBT DECENTRALIZATION DEGREE OF COMPETITION DEREGULATION DEVELOPMENT STRATEGY DISPOSABLE INCOME DISTRIBUTION OF INCOME ECONOMIC DECISIONS ECONOMIC DEVELOPMENT ECONOMIC EFFICIENCY ECONOMIC GROWTH ECONOMIC INCENTIVES ECONOMIC PERFORMANCE ECONOMIC REFORM ECONOMIC REFORMS ECONOMIC SYSTEM ECONOMIC SYSTEMS EMPLOYMENT CONTRACT ENTREPRENEURSHIP EXECUTIVE DIRECTORS EXPORTS EXPROPRIATION FACTOR MARKETS FINANCIAL ASSETS FINANCIAL CRISES FINANCIAL CRISIS FINANCIAL INSTITUTIONS FINANCIAL INTERMEDIARIES FINANCIAL MARKETS FINANCIAL RESOURCES FINANCIAL STABILITY FOREIGN FIRMS FOREIGN MARKETS GDP GOVERNMENT AGENCIES GOVERNMENT INTERVENTIONS GOVERNMENT OFFICIALS GOVERNMENT REGULATIONS GROWTH RATE GROWTH RATES HUMAN CAPITAL INCENTIVE CONTRACTS INCOME INDUSTRIAL ECONOMICS INDUSTRIALIZATION INHERITANCE INITIAL PUBLIC OFFERINGS INSURANCE INSURANCE COMPANIES INTEREST RATES INTERNATIONAL COMPETITION INTERNATIONAL FINANCE INTERNATIONAL MARKETS INTERNATIONAL TRADE INVESTMENT DECISIONS JOB PROTECTION JOINT VENTURES LABOR CONTRACTS LABOR MARKET LABOR MARKETS LABOR PRODUCTIVITY LAYOFFS LEGAL SYSTEM LEGISLATION LOCAL GOVERNMENT LOCAL GOVERNMENTS LOCAL OFFICIALS MACROECONOMIC STABILITY MACROECONOMIC STABILIZATION MACROECONOMIC STABILIZATION POLICY MANAGERS OF STATE MARKET ECONOMY MARKET FORCES MARKET MECHANISMS MARKET PRICES MIGRATION MIXED ECONOMY MONOPOLY MORAL HAZARD MUNICIPALITIES NATIONAL ECONOMY NATIONAL GOVERNMENT NATURAL RESOURCES NONPERFORMING LOANS OWNERSHIP OF ASSETS OWNERSHIP STRUCTURE PENSION FUNDS PENSIONS POLITICAL AUTHORITIES POLITICAL RISKS POLITICAL SYSTEM PRIVATE CHARACTER PRIVATE ENTREPRENEURS PRIVATE FIRMS PRIVATE INDIVIDUALS PRIVATE OWNERSHIP PRIVATE PENSION PRIVATE SECTOR PRIVATIZATION PRIVATIZATION PROCESS PRODUCT MARKETS PRODUCTIVITY PROFIT MARGINS PROPERTY RIGHTS PUBLIC AUTHORITIES PUBLIC OWNERSHIP PUBLIC SECTOR PUBLIC UTILITIES PUBLIC-SECTOR REAL INTEREST RATES RECAPITALIZATION REGIONAL DECENTRALIZATION REORGANIZATION RETIREMENT RETURN ON INVESTMENT SALES REVENUES SOCIAL CHANGE SOCIAL INSURANCE SOCIALIST COUNTRIES STATE BANKS STATE CONTROL STATE ENTERPRISES STATE FIRMS STATE SECTOR TAX RATES TRANSPARENCY UNEMPLOYMENT UNEMPLOYMENT RATE VALUE ADDED WAGES WEALTH WTO |
| spellingShingle |
AGRICULTURAL LAND AGRICULTURE ANNUAL SALES ASSET MANAGEMENT ASSET MANAGEMENT COMPANIES ASSET STRIPPING ASSETS AUTONOMY BALANCE SHEETS BANK DEPOSITS BANK LENDING BANK LOANS BONDS CAPITAL FLOWS CAPITAL MOBILITY CENTRAL GOVERNMENT COLLECTIVE OWNERSHIP COLLUSION COMMERCIAL BANKS COMPARATIVE ADVANTAGE CURRENT PRICES DEBT DECENTRALIZATION DEGREE OF COMPETITION DEREGULATION DEVELOPMENT STRATEGY DISPOSABLE INCOME DISTRIBUTION OF INCOME ECONOMIC DECISIONS ECONOMIC DEVELOPMENT ECONOMIC EFFICIENCY ECONOMIC GROWTH ECONOMIC INCENTIVES ECONOMIC PERFORMANCE ECONOMIC REFORM ECONOMIC REFORMS ECONOMIC SYSTEM ECONOMIC SYSTEMS EMPLOYMENT CONTRACT ENTREPRENEURSHIP EXECUTIVE DIRECTORS EXPORTS EXPROPRIATION FACTOR MARKETS FINANCIAL ASSETS FINANCIAL CRISES FINANCIAL CRISIS FINANCIAL INSTITUTIONS FINANCIAL INTERMEDIARIES FINANCIAL MARKETS FINANCIAL RESOURCES FINANCIAL STABILITY FOREIGN FIRMS FOREIGN MARKETS GDP GOVERNMENT AGENCIES GOVERNMENT INTERVENTIONS GOVERNMENT OFFICIALS GOVERNMENT REGULATIONS GROWTH RATE GROWTH RATES HUMAN CAPITAL INCENTIVE CONTRACTS INCOME INDUSTRIAL ECONOMICS INDUSTRIALIZATION INHERITANCE INITIAL PUBLIC OFFERINGS INSURANCE INSURANCE COMPANIES INTEREST RATES INTERNATIONAL COMPETITION INTERNATIONAL FINANCE INTERNATIONAL MARKETS INTERNATIONAL TRADE INVESTMENT DECISIONS JOB PROTECTION JOINT VENTURES LABOR CONTRACTS LABOR MARKET LABOR MARKETS LABOR PRODUCTIVITY LAYOFFS LEGAL SYSTEM LEGISLATION LOCAL GOVERNMENT LOCAL GOVERNMENTS LOCAL OFFICIALS MACROECONOMIC STABILITY MACROECONOMIC STABILIZATION MACROECONOMIC STABILIZATION POLICY MANAGERS OF STATE MARKET ECONOMY MARKET FORCES MARKET MECHANISMS MARKET PRICES MIGRATION MIXED ECONOMY MONOPOLY MORAL HAZARD MUNICIPALITIES NATIONAL ECONOMY NATIONAL GOVERNMENT NATURAL RESOURCES NONPERFORMING LOANS OWNERSHIP OF ASSETS OWNERSHIP STRUCTURE PENSION FUNDS PENSIONS POLITICAL AUTHORITIES POLITICAL RISKS POLITICAL SYSTEM PRIVATE CHARACTER PRIVATE ENTREPRENEURS PRIVATE FIRMS PRIVATE INDIVIDUALS PRIVATE OWNERSHIP PRIVATE PENSION PRIVATE SECTOR PRIVATIZATION PRIVATIZATION PROCESS PRODUCT MARKETS PRODUCTIVITY PROFIT MARGINS PROPERTY RIGHTS PUBLIC AUTHORITIES PUBLIC OWNERSHIP PUBLIC SECTOR PUBLIC UTILITIES PUBLIC-SECTOR REAL INTEREST RATES RECAPITALIZATION REGIONAL DECENTRALIZATION REORGANIZATION RETIREMENT RETURN ON INVESTMENT SALES REVENUES SOCIAL CHANGE SOCIAL INSURANCE SOCIALIST COUNTRIES STATE BANKS STATE CONTROL STATE ENTERPRISES STATE FIRMS STATE SECTOR TAX RATES TRANSPARENCY UNEMPLOYMENT UNEMPLOYMENT RATE VALUE ADDED WAGES WEALTH WTO Lindbeck, Assar An Essay on Economic Reforms and Social Change in China |
| geographic_facet |
East Asia and Pacific China |
| relation |
Policy Research Working Paper; No. 4057 |
| description |
The author applies a systems-oriented "holistic" approach to China's radical economic reforms during the past quarter of a century. He characterizes China's economic reforms in terms of a multidimensional classification of economic systems. When looking at the economic consequences of China's change of economic system, he deals with both the impressive growth performance and its economic costs. The author also studies the consequences of the economic reforms for the previous social arrangements in the country, which were tied to individual work units-agriculture communes, collective firms, and state-owned enterprises. He continues with the social development during the reform period, reflecting a complex mix of social advances, mainly in terms of poverty reduction, and regresses for large population groups in terms of income security and human services, such as education and, in particular, health care. Next, the author discusses China's future policy options in the social field, whereby he draws heavily on relevant experiences in industrial countries over the years. The future options are classified into three broad categories: policies influencing the level and distribution of factor income, income transfers including social insurance, and the provision of human services. |
| format |
Publications & Research :: Policy Research Working Paper |
| author |
Lindbeck, Assar |
| author_facet |
Lindbeck, Assar |
| author_sort |
Lindbeck, Assar |
| title |
An Essay on Economic Reforms and Social Change in China |
| title_short |
An Essay on Economic Reforms and Social Change in China |
| title_full |
An Essay on Economic Reforms and Social Change in China |
| title_fullStr |
An Essay on Economic Reforms and Social Change in China |
| title_full_unstemmed |
An Essay on Economic Reforms and Social Change in China |
| title_sort |
essay on economic reforms and social change in china |
| publisher |
World Bank, Washington, DC |
| publishDate |
2012 |
| url |
http://documents.worldbank.org/curated/en/2006/11/7208933/essay-economic-reforms-social-change-china http://hdl.handle.net/10986/8874 |
| _version_ |
1764406698790879232 |
| spelling |
okr-10986-88742021-04-23T14:02:41Z An Essay on Economic Reforms and Social Change in China Lindbeck, Assar AGRICULTURAL LAND AGRICULTURE ANNUAL SALES ASSET MANAGEMENT ASSET MANAGEMENT COMPANIES ASSET STRIPPING ASSETS AUTONOMY BALANCE SHEETS BANK DEPOSITS BANK LENDING BANK LOANS BONDS CAPITAL FLOWS CAPITAL MOBILITY CENTRAL GOVERNMENT COLLECTIVE OWNERSHIP COLLUSION COMMERCIAL BANKS COMPARATIVE ADVANTAGE CURRENT PRICES DEBT DECENTRALIZATION DEGREE OF COMPETITION DEREGULATION DEVELOPMENT STRATEGY DISPOSABLE INCOME DISTRIBUTION OF INCOME ECONOMIC DECISIONS ECONOMIC DEVELOPMENT ECONOMIC EFFICIENCY ECONOMIC GROWTH ECONOMIC INCENTIVES ECONOMIC PERFORMANCE ECONOMIC REFORM ECONOMIC REFORMS ECONOMIC SYSTEM ECONOMIC SYSTEMS EMPLOYMENT CONTRACT ENTREPRENEURSHIP EXECUTIVE DIRECTORS EXPORTS EXPROPRIATION FACTOR MARKETS FINANCIAL ASSETS FINANCIAL CRISES FINANCIAL CRISIS FINANCIAL INSTITUTIONS FINANCIAL INTERMEDIARIES FINANCIAL MARKETS FINANCIAL RESOURCES FINANCIAL STABILITY FOREIGN FIRMS FOREIGN MARKETS GDP GOVERNMENT AGENCIES GOVERNMENT INTERVENTIONS GOVERNMENT OFFICIALS GOVERNMENT REGULATIONS GROWTH RATE GROWTH RATES HUMAN CAPITAL INCENTIVE CONTRACTS INCOME INDUSTRIAL ECONOMICS INDUSTRIALIZATION INHERITANCE INITIAL PUBLIC OFFERINGS INSURANCE INSURANCE COMPANIES INTEREST RATES INTERNATIONAL COMPETITION INTERNATIONAL FINANCE INTERNATIONAL MARKETS INTERNATIONAL TRADE INVESTMENT DECISIONS JOB PROTECTION JOINT VENTURES LABOR CONTRACTS LABOR MARKET LABOR MARKETS LABOR PRODUCTIVITY LAYOFFS LEGAL SYSTEM LEGISLATION LOCAL GOVERNMENT LOCAL GOVERNMENTS LOCAL OFFICIALS MACROECONOMIC STABILITY MACROECONOMIC STABILIZATION MACROECONOMIC STABILIZATION POLICY MANAGERS OF STATE MARKET ECONOMY MARKET FORCES MARKET MECHANISMS MARKET PRICES MIGRATION MIXED ECONOMY MONOPOLY MORAL HAZARD MUNICIPALITIES NATIONAL ECONOMY NATIONAL GOVERNMENT NATURAL RESOURCES NONPERFORMING LOANS OWNERSHIP OF ASSETS OWNERSHIP STRUCTURE PENSION FUNDS PENSIONS POLITICAL AUTHORITIES POLITICAL RISKS POLITICAL SYSTEM PRIVATE CHARACTER PRIVATE ENTREPRENEURS PRIVATE FIRMS PRIVATE INDIVIDUALS PRIVATE OWNERSHIP PRIVATE PENSION PRIVATE SECTOR PRIVATIZATION PRIVATIZATION PROCESS PRODUCT MARKETS PRODUCTIVITY PROFIT MARGINS PROPERTY RIGHTS PUBLIC AUTHORITIES PUBLIC OWNERSHIP PUBLIC SECTOR PUBLIC UTILITIES PUBLIC-SECTOR REAL INTEREST RATES RECAPITALIZATION REGIONAL DECENTRALIZATION REORGANIZATION RETIREMENT RETURN ON INVESTMENT SALES REVENUES SOCIAL CHANGE SOCIAL INSURANCE SOCIALIST COUNTRIES STATE BANKS STATE CONTROL STATE ENTERPRISES STATE FIRMS STATE SECTOR TAX RATES TRANSPARENCY UNEMPLOYMENT UNEMPLOYMENT RATE VALUE ADDED WAGES WEALTH WTO The author applies a systems-oriented "holistic" approach to China's radical economic reforms during the past quarter of a century. He characterizes China's economic reforms in terms of a multidimensional classification of economic systems. When looking at the economic consequences of China's change of economic system, he deals with both the impressive growth performance and its economic costs. The author also studies the consequences of the economic reforms for the previous social arrangements in the country, which were tied to individual work units-agriculture communes, collective firms, and state-owned enterprises. He continues with the social development during the reform period, reflecting a complex mix of social advances, mainly in terms of poverty reduction, and regresses for large population groups in terms of income security and human services, such as education and, in particular, health care. Next, the author discusses China's future policy options in the social field, whereby he draws heavily on relevant experiences in industrial countries over the years. The future options are classified into three broad categories: policies influencing the level and distribution of factor income, income transfers including social insurance, and the provision of human services. 2012-06-22T20:48:45Z 2012-06-22T20:48:45Z 2006-11 http://documents.worldbank.org/curated/en/2006/11/7208933/essay-economic-reforms-social-change-china http://hdl.handle.net/10986/8874 English en_US Policy Research Working Paper; No. 4057 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research :: Policy Research Working Paper Publications & Research East Asia and Pacific China |