Towards a Labour Market in China - Knight, John; Song, Lina
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The underlying policy issue is the tension and trade-off between efficiency and equity objectives, stressed throughout the book. Because the subject is of such importance and general interest, the book is written for development economists, labour economists, and transition economists as well as for China specialists.
From an administered labor system under central planning, the Chinese economy has moved towards a labor market. This book reviews the progress that has been made over two decades of urban economic reform. It analyzes the underlying political economy that has both induced and…mehr

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Produktbeschreibung
The underlying policy issue is the tension and trade-off between efficiency and equity objectives, stressed throughout the book. Because the subject is of such importance and general interest, the book is written for development economists, labour economists, and transition economists as well as for China specialists.
From an administered labor system under central planning, the Chinese economy has moved towards a labor market. This book reviews the progress that has been made over two decades of urban economic reform. It analyzes the underlying political economy that has both induced and impeded reform, and examines the economic changes that have unleashed market forces. Based on frontier research using specially designed and collected survey data, the book documents the rising wage inequality, the greater rewards for skills, the growing wage segmentation based on labor immobility and profit-sharing, the emergence of serious urban unemployment, and the competition from the rising tide of rural migrants. China does not yet have a functioning labor market: the book concludes by examining the prospects for its creation.
Autorenporträt
John Knight is Professor of Economics in the University of Oxford, and Fellow and Vice-Principal of St Edmund Hall, Oxford. John had acted as an adviser to the Ministry of Labour and Social Security in China, World Bank, U.K. Department for International Development, ILO and WIDER. Dr. Lina Song is Reader in China Studies at the School of Sociology and Social Policy, University of Nottingham. Most of her research projects have involved collaboration with Government agents, such as Chinese Ministry of Labour and Social Security, the State Committee of Trade and Industry, the State Council Office for Restructuring Economic System, and the Chinese Academy of Social Sciences. She has advised both British and Chinese governments.