An essay on economic reforms and social change in China
AbstractThe 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.
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Bibliographic InfoPaper provided by The World Bank in its series Policy Research Working Paper Series with number 4057.
Date of creation: 01 Nov 2006
Date of revision:
Economic Theory&Research; Banks&Banking Reform; Investment and Investment Climate; Privatization; Economic Systems;
Other versions of this item:
- Lindbeck, Assar, 2006. "An Essay on Economic Reforms and Social Change in China," Working Paper Series 681, Research Institute of Industrial Economics.
- I18 - Health, Education, and Welfare - - Health - - - Government Policy; Regulation; Public Health
- I19 - Health, Education, and Welfare - - Health - - - Other
- I38 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - Government Programs; Provision and Effects of Welfare Programs
- O53 - Economic Development, Technological Change, and Growth - - Economywide Country Studies - - - Asia including Middle East
- P30 - Economic Systems - - Socialist Institutions and Their Transitions - - - General
This paper has been announced in the following NEP Reports:
- NEP-ALL-2006-11-18 (All new papers)
- NEP-CNA-2006-11-18 (China)
- NEP-DEV-2006-11-18 (Development)
- NEP-IAS-2006-11-18 (Insurance Economics)
- NEP-SEA-2006-11-18 (South East Asia)
- NEP-TRA-2006-11-18 (Transition Economics)
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- Lindbeck, Assar, 2006. "Economic-Social Interaction during China’s Transition," Working Paper Series 680, Research Institute of Industrial Economics.
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