IDEAS home Printed from https://ideas.repec.org/p/kue/dpaper/e-14-005.html
   My bibliography  Save this paper

Structural Changes in the Labor Market and Social Security System in China:From the Viewpoint of Flexicurity

Author

Listed:
  • YAN Chengnan

Abstract

The global financial crisis triggered by the subprime mortgage crisis in the United States in 2008 revealed the unsustainability of China’s export-led growth regime, which supported the country’s rapid economic growth for over 20 years. Today, the Chinese economy has been forced to break away from export-led growth. Furthermore, the large financial investment made to compensate for the decreased export demand has helped China maintain high economic growth after the effects of the financial crisis started to wane in 2011. Thus, in recent years, the Chinese economy has had to transition from export- and investment -led growth to consumption-led growth. In this paper, we analyze the most important factors promoting the change from export- and investment-led growth to consumption-led growth in China’s economic growth regime. That is, we examine the correlation between the recent structural changes in the reproduction of labor force in the labor market and the social security system. Especially, we focus on the changes in the income-labor nexus due to labor market reforms and the present state of the Chinese social security system from the view point of flexicurity, which increases flexibility and security simultaneously.

Suggested Citation

  • YAN Chengnan, 2014. "Structural Changes in the Labor Market and Social Security System in China:From the Viewpoint of Flexicurity," Discussion papers e-14-005, Graduate School of Economics Project Center, Kyoto University.
    • Handle: RePEc:kue:dpaper:e-14-005
    as

    Download full text from publisher

    File URL: http://www.econ.kyoto-u.ac.jp/projectcenter/Paper/e-14-005.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. repec:aei:rpaper:30352 is not listed on IDEAS
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    Growth regime; Export-led; Consumption-led; Flexicurity; Social security;
    All these keywords.

    JEL classification:

    • J21 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Force and Employment, Size, and Structure
    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
    • O43 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Institutions and Growth
    • P11 - Political Economy and Comparative Economic Systems - - Capitalist Economies - - - Planning, Coordination, and Reform
    • P36 - Political Economy and Comparative Economic Systems - - Socialist Institutions and Their Transitions - - - Consumer Economics; Health; Education and Training; Welfare, Income, Wealth, and Poverty

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:kue:dpaper:e-14-005. See general information about how to correct material in RePEc.

    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 CitEc recognized a bibliographic reference but did not link an item in RePEc 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 RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Graduate School of Economics Project Center (email available below). General contact details of provider: https://edirc.repec.org/data/fekyojp.html .

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

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.