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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

Chapter:
(p.417) 68 Inequality and the reform era in China
Source:
The Oxford Companion to the Economics of China
Author(s):

Carl Riskin

Publisher:
Oxford University Press
DOI:10.1093/acprof:oso/9780199678204.003.0069

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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