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Inequality in China : trends, drivers and policy remedies

Author: Sonali Jain-Chandra; International Monetary Fund. Asia and Pacific Department.
Publisher: Washington, D.C. : International Monetary Fund, Asia and Pacific Department, 2018.
Series: IMF working paper, WP/18/127.
Edition/Format:   eBook : Document : EnglishView all editions and formats
Summary:
"China has experienced rapid economic growth over the past two decades and is on the brink of eradicating poverty. However, income inequality increased sharply from the early 1980s and rendered China among the most unequal countries in the world. This trend has started to reverse as China has experienced a modest decline in inequality since 2008. This paper identifies various drivers behind these trends - including  Read more...
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Genre/Form: Electronic books
Additional Physical Format: Print version:
Jain-Chandra, Sonali.
Inequality in China - Trends, Drivers and Policy Remedies.
Washington, D.C. : International Monetary Fund, ©2018
Material Type: Document, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: Sonali Jain-Chandra; International Monetary Fund. Asia and Pacific Department.
ISBN: 9781484360972 1484360974 1484357531 9781484357538
ISSN:1018-5941
OCLC Number: 1041863712
Notes: "June 2018."
Description: 1 online resource (31 pages).
Contents: Cover; Inequality in China --
Trends, Drivers and Policy Remedies; I. INTRODUCTION; II. WHAT IS THE CURRENT STATE OF INCOME INEQUALITY? HOW HAS IT EVOLVED OVERTIME?; III. WHAT IS THE CURRENT STATE OF INEQUALITY OF OPPORTUNITY AND ACCESS?; IV. WHAT ARE THE MAIN DRIVERS THAT EXPLAIN TRENDS IN INEQUALITY?; V. LOOKING AHEAD: WHAT WILL BE THE IMPACT OF STRUCTURAL TRENDS AND POLICIES ON INEQUALITY IN THE FUTURE?; VI. WHAT ROLE CAN FISCAL POLICY PLAY IN REDUCING INEQUALITY?; VII. CONCLUSION.
Series Title: IMF working paper, WP/18/127.
Responsibility: by Sonali Jain-Chandra and five others.

Abstract:

"China has experienced rapid economic growth over the past two decades and is on the brink of eradicating poverty. However, income inequality increased sharply from the early 1980s and rendered China among the most unequal countries in the world. This trend has started to reverse as China has experienced a modest decline in inequality since 2008. This paper identifies various drivers behind these trends - including structural changes such as urbanization and aging and, more recently, policy initiatives to combat it. It finds that policies will need to play an important role in curbing inequality in the future, as projected structural trends will put further strain on equity considerations. In particular, fiscal policy reforms have the potential to enhance inclusiveness and equity, both on the tax and expenditure side."--Abstract.

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