scholarly journals China’s Income Distribution System Reform and Income Growth Strategy

OALib ◽  
2016 ◽  
Vol 03 (05) ◽  
pp. 1-11
Author(s):  
Jiancheng Liu
2020 ◽  
Author(s):  
Branko Milanovic

Using the newly created, and in terms of coverage and detail, the most complete household income data from more than 130 countries, the paper analyzes the changes in the global income distribution between 2008 and 2013. This was the period of the global financial crisis and recovery. It is shown that global inequality continued to decline, largely due to China’s growth that explains one-half of global Gini decrease between 2008 and 2013. Income growth of the global top 1 percent slowed significantly. The slowdown is present even after survey data are corrected for the likely underestimation of highest incomes. The paper ends with a discussion of the effects of the financial crisis in the light of an even more serious looming crisis caused by the 2019-20 pandemic. (Stone Center on Socio-Economic Inequality Working Paper)


2021 ◽  
Vol 59 (2) ◽  
pp. 659-661

Charles Brown of University of Michigan reviews “United States Income, Wealth, Consumption, and Inequality” edited by Diana Furchtgott-Roth. The Econlit abstract of this book begins: “Ten papers examine income trends, consumption, wealth, and inequality in the United States, focusing on the root causes of income growth and inequality, as well as ways to measure income and income distribution.”


1976 ◽  
Vol 8 (1) ◽  
pp. 1-27 ◽  
Author(s):  
D. E. Goodman

The so-called Brazilian economic ‘miracle’ has provoked a heated debate on the distribution between different socio-economic groups of the benefits and costs incurred in rapid income growth. This debate has clarified several empirical issues, notably the marked concentration of the personal income distribution and its significant deterioration in the 1960s.


1973 ◽  
Vol 12 (4) ◽  
pp. 317-360 ◽  
Author(s):  
S. M. Naseem

The disillusionment of many developing countries with past policies which paid exclusive attention to the rate of growth has, in recent years, led to a some¬what belated interest in the problems of unemployment, income distribution and mass poverty. Pakistan/perhaps, has the unique, if dubious, distinction of being one of the first developing countries both to adopt and, later, to reject growthmanship as a national creed.1 Although serious doubts about the assumptions and implications of the official strategy of economic growth in Pakistan began to be expressed in 1968, the issues were clouded by the political demand for the autonomy, and later the separation of the eastern wing of the country. At the recent Pakistan Economic Conference, held in February 1973, some of the basic issues of Pakistan's development strategy were discussed hi detail in various papers [1], [7], [14], [25]. The focus of these papers was on income distribution and employment and their implications for the future growth strategy. The present author in his paper [14] at the Conference, presented some tentative estimates of mass poverty and unemployment in West Pakistan. The present paper is designed to give more systematic estimates of the extent of mass poverty in Pakistan.


1980 ◽  
Vol 19 (2) ◽  
pp. 113-117
Author(s):  
Amit Bhaduri

In the usual format of Keynesian growth models investment governs saving: higher investment causes more profits either through greater capacity utilization (normal 'multiplier') or through rising price. (‘Profit inflation,) which, in turn, generates the matching level of savings. The present paper argues that such methods of financial higher investment plans are neither socially desirable nor even sustainable over time In an underdeveloped mixed economy. Consequently, alternative institutional and financial arrangements, where. crucial role Is assigned to a public distribution system of essential goods and profits of public enterprises, becomes imperative.


Author(s):  
Brian Nolan ◽  
Stefan Thewissen

This chapter carries out and presents the findings from an in-depth comparative analysis of real income growth around and below the middle of the income distribution across the rich countries of the OECD over recent decades. It examines trends in real incomes for the entire population and for working age households only, and sets the evolution of incomes around the middle in each country against what has been happening lower down and higher up the distribution. This allows the range of experiences across countries in these terms to be captured, providing the base which subsequent chapters seek to probe and get behind.


Author(s):  
Lars Osberg

This chapter highlights Canada’s distinctive trajectory of inequality and living standards. Inequality rose markedly because real incomes grew strongly at the very top but stagnated for most of the rest of the income distribution until the resource-led boom of the 2000s. The importance of macroeconomic policy is brought out, in particular the role of monetary policy in choking off growth in order to keep inflation low, at the cost of substantial unemployment. The growth in incomes at the very top may be underestimated by the available estimates, while the weakening of redistribution via the tax and transfer systems has accentuated the trend to greater inequality. The consequences of a sustained ‘squeeze’ on middle incomes and living standards are spelled out and the implications for the future, in the absence of a major shift in the growth strategy, are discussed.


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