Economic Growth, Income Distribution and Poverty Reduction in Contemporary China

1st Edition

Shujie Yao

Routledge
Published July 26, 2012
Reference - 272 Pages
ISBN 9780415649131 - CAT# Y143544
Series: Routledge Studies on the Chinese Economy

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Summary

China has experienced over a quarter century of rapid economic growth, which has had a phenomenal impact on the global economy. Entering into the twenty-first century implies that China has begun a new phase of economic and social development. Yao reviews the economic development history of contemporary China from 1949 to the present, paying special attention to growth, inequality and poverty reduction. A real Chinese economic miracle should have two important features: high income growth and a fair distribution system so that poverty can be eradicated.

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