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Economic-social interaction in China

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  • Assar Lindbeck

Abstract

This paper analyzes economic-social interaction in China in connection with the country's change of economic system. I define an economic system in terms of a multi-dimensional vector of broad institutional characteristics, and I emphasize that important features of the social development are closely related to specific changes in these various dimensions. I classify China's options for future social improvements into three broad categories: (i) policies that improve the stability and distribution of factor income; (ii) government-created wedges between factor income and disposable income; and (iii) improvements in the quantity, quality and distribution of human services, such as education and healthcare. Copyright (c) 2008 The Author Journal compilation (c) 2008 The European Bank for Reconstruction and Development .

Suggested Citation

  • Assar Lindbeck, 2008. "Economic-social interaction in China," The Economics of Transition, The European Bank for Reconstruction and Development, vol. 16(1), pages 113-139, January.
  • Handle: RePEc:bla:etrans:v:16:y:2008:i:1:p:113-139
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    References listed on IDEAS

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    1. Gregory C. Chow, 2006. "An Economic Analysis of Health Care in China," Working Papers 70, Princeton University, Department of Economics, Center for Economic Policy Studies..
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    18. repec:pri:cepsud:132chow is not listed on IDEAS
    19. Fleisher, Belton M. & Wang, Xiaojun, 2004. "Skill differentials, return to schooling, and market segmentation in a transition economy: the case of Mainland China," Journal of Development Economics, Elsevier, vol. 73(1), pages 315-328, February.
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    Cited by:

    1. Sune Karlsson & Nannan Lundin & Fredrik Sjöholm & Ping He, 2009. "Foreign Firms and Chinese Employment," The World Economy, Wiley Blackwell, vol. 32(1), pages 178-201, January.
    2. Alberto Gabriele, 2010. "The Role of the State in China's Industrial Development: A Reassessment," Comparative Economic Studies, Palgrave Macmillan;Association for Comparative Economic Studies, vol. 52(3), pages 325-350, September.
    3. repec:eee:advacc:v:31:y:2015:i:2:p:247-262 is not listed on IDEAS
    4. repec:bla:buecrs:v:68:y:2016:i:s1:p:146-170 is not listed on IDEAS
    5. Bonatti, Luigi & Fracasso, Andrea, 2014. "Modeling the Transition Towards Renminbi's Full Convertibility: Implications for China’s Growth," MPRA Paper 54129, University Library of Munich, Germany.

    More about this item

    JEL classification:

    • H00 - Public Economics - - General - - - General
    • I00 - Health, Education, and Welfare - - General - - - General
    • P20 - Economic Systems - - Socialist Systems and Transition Economies - - - General

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