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Understanding the Pattern of Growth and Equity in the People’s Republic of China


  • Liu, Minquan

    (Asian Development Bank Institute)


There are likely to be many factors which have together shaped the current pattern of growth and equity in the People’s Republic of China (PRC). Among them are the foundations laid in the pre-1978 era, especially in respect of land-related institutional reforms and social sector investments. These factors successfully complemented the subsequent export and foreign direct investment FDI promotion strategies the PRC followed in the post-1978 years. However, given the large size of the PRC, while these strategies have helped to kick-start its economic take-off, the long-run growth of the country cannot depend on it.

Suggested Citation

  • Liu, Minquan, 2011. "Understanding the Pattern of Growth and Equity in the People’s Republic of China," ADBI Working Papers 331, Asian Development Bank Institute.
  • Handle: RePEc:ris:adbiwp:0331

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    References listed on IDEAS

    1. Perkins, Dwight H. & Syrquin, Moshe, 1989. "Large countries: The influence of size," Handbook of Development Economics,in: Hollis Chenery & T.N. Srinivasan (ed.), Handbook of Development Economics, edition 1, volume 2, chapter 32, pages 1691-1753 Elsevier.
    2. Martin Ravallion & Shaohua Chen & Prem Sangraula, 2007. "New Evidence on the Urbanization of Global Poverty," Population and Development Review, The Population Council, Inc., vol. 33(4), pages 667-701.
    3. Chuliang Luo & Terry Sicular, 2011. "Inequality and Poverty in Rural China," University of Western Ontario, Centre for Human Capital and Productivity (CHCP) Working Papers 201114, University of Western Ontario, Centre for Human Capital and Productivity (CHCP).
    4. Dasgupta, Partha, 1997. "Nutritional status, the capacity for work, and poverty traps," Journal of Econometrics, Elsevier, vol. 77(1), pages 5-37, March.
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    More about this item


    prc; income distribution; prc growth patterns; foreign direct investment; human capital;

    JEL classification:

    • F14 - International Economics - - Trade - - - Empirical Studies of Trade
    • N35 - Economic History - - Labor and Consumers, Demography, Education, Health, Welfare, Income, Wealth, Religion, and Philanthropy - - - Asia including Middle East
    • O15 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Economic Development: Human Resources; Human Development; Income Distribution; Migration
    • O53 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Asia including Middle East

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