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The Oxford Companion to the Economics of China$
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Shenggen Fan, Ravi Kanbur, Shang-Jin Wei, and Xiaobo Zhang

Print publication date: 2014

Print ISBN-13: 9780199678204

Published to Oxford Scholarship Online: December 2014

DOI: 10.1093/acprof:oso/9780199678204.001.0001

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Inequality and the reform era in China

Inequality and the reform era in China

(p.417) 68 Inequality and the reform era in China
The Oxford Companion to the Economics of China

Carl Riskin

Oxford University Press

On the threshold of the reform era, China had one of the most equally distributed national incomes in the world. This chapter discusses various aspects of present-day economic inequality in China. These include income inequality at the end of the collective era; the challenges of measuring economic inequality; the reform era; the impact of market forces and government policies on inequality; inequality and public opinion; and policies to reduce economic inequality, such as reform of the public finance system; greater investment in education, healthcare, and infrastructure in poor regions; elimination of the Hukou system; reform of the fiscal system; and redress of the distorted relative costs of capital and labour

Keywords:   Chinese economy, economic inequality, income inequality, economic policy

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