Advanced Search
MyIDEAS: Login to save this paper or follow this series

Employment Effects of Growth Rebalancing in China

Contents:

Author Info

  • International Monetary Fund
Registered author(s):

Abstract

This paper gauges the potential effects on employment of rebalancing China''s exportoriented growth model toward domestic demand, particularly private consumption. Shifting to a private consumption-led growth likely means more demand for existing and new services as well as reorienting the production of tradable goods toward domestic markets. In China''s case, this would also imply moving a large number of less skilled labor from the tradable sector to the nontradable sector. The paper shows that while rebalancing China''s growth toward a domestic-demand-led economy would likely raise aggregate employment and employment opportunities in the longer term, there could be employment losses in the short run as the economy moves away from the tradable sector toward the nontradable sector. Mitigating these costs will require active labor market policies to cushion the employment impact in the transition, particularly in meeting the skills gap of associated with this transition.

Download Info

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
File URL: http://www.imf.org/external/pubs/cat/longres.aspx?sk=23173
Download Restriction: no

Bibliographic Info

Paper provided by International Monetary Fund in its series IMF Working Papers with number 09/169.

as in new window
Length: 16
Date of creation: 01 Aug 2009
Date of revision:
Handle: RePEc:imf:imfwpa:09/169

Contact details of provider:
Postal: International Monetary Fund, Washington, DC USA
Phone: (202) 623-7000
Fax: (202) 623-4661
Email:
Web page: http://www.imf.org/external/pubind.htm
More information through EDIRC

Order Information:
Web: http://www.imf.org/external/pubs/pubs/ord_info.htm

Related research

Keywords: Employment; Agricultural sector; Economic growth; Economic models; Labor market policy; Manufacturing sector; Private consumption; Services sector; share of employment; employment in the services sector; job creation; employment in agriculture; labor market; aggregate employment; sectoral allocation of employment; labor force; labor force survey; short-term employment; employment losses; employment data; effects on employment; job losses; skilled labor; labor productivity; employment opportunities; sectoral employment; employment effects; new job; reemployment centers; employment growth; active labor; terms of employment; labor market policies; employment impact; reemployment; employment costs; active labor market; labor mobility; active labor market policies; job training; labor intensity; labor market performance; labor market flexibility; employment intensity; job opportunities; job growth; employment structure; total employment; displaced workers; low employment; job centers; job retraining; alternative employment; employment protection; national employment; job training programs; retraining; labor market rigidity; labor costs; service employment; net job losses; employment allocation; employment creation; labor participation; training programs;

This paper has been announced in the following NEP Reports:

References

No references listed on IDEAS
You can help add them by filling out this form.

Citations

Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
as in new window

Cited by:
  1. Luigi Bonatti & Andrea Fracasso, 2012. "The costs of rebalancing the China-US co-dependency," Rivista Internazionale di Scienze Sociali, Vita e Pensiero, Pubblicazioni dell'Universita' Cattolica del Sacro Cuore, vol. 120(1), pages 59-106.

Lists

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

Statistics

Access and download statistics

Corrections

When requesting a correction, please mention this item's handle: RePEc:imf:imfwpa:09/169. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Jim Beardow) or (Hassan Zaidi).

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.