The Middle Income Group In China And Russia
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The Middle Income Group In China And Russia
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Author : Peilin Li
language : en
Publisher: Springer Nature
Release Date : 2021-08-16
The Middle Income Group In China And Russia written by Peilin Li and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-08-16 with Business & Economics categories.
This book includes a series of papers that mainly discuss the proposition of “double middle-income traps.” It analyzes various perspectives of middle-income groups of Russia and China including employment, education, consumption, mobility, social insurance, social values and identity, social and political participation. This book further indicates that the expansion of middle-income groups plays an important role in promoting mass consumption, maintaining continuous and stable economic growth, and overcoming the double middle-income traps. The middle class and middle-income group generally owns higher economic capital and cultural capital and is proved to be the main strength in expanding consumption by many empirical studies. However, the middle class and middle-income group has currently encountered hindrance to upward mobility, life quality, social security and class identity, which prevent the expansion of the middle-income group and improvement of social structure. Through comparing the middle-income groups of these two countries, this book gives us a panoramic view of their social and economic condition. Successfully combining theory and concrete practical guidelines, the book offers a valuable resource for all those active in this dynamic field. The book is important for students, scholars, researchers and professionals in economic and social science fields.
The Middle Income Group In China And Russia
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Author : Peilin Li
language : en
Publisher:
Release Date : 2021
The Middle Income Group In China And Russia written by Peilin Li and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021 with categories.
This book includes a series of papers that mainly discuss the proposition of "double middle-income traps." It analyzes various perspectives of middle-income groups of Russia and China including employment, education, consumption, mobility, social insurance, social values and identity, social and political participation. This book further indicates that the expansion of middle-income groups plays an important role in promoting mass consumption, maintaining continuous and stable economic growth, and overcoming the double middle-income traps. The middle class and middle-income group generally owns higher economic capital and cultural capital and is proved to be the main strength in expanding consumption by many empirical studies. However, the middle class and middle-income group has currently encountered hindrance to upward mobility, life quality, social security and class identity, which prevent the expansion of the middle-income group and improvement of social structure. Through comparing the middle-income groups of these two countries, this book gives us a panoramic view of their social and economic condition. Successfully combining theory and concrete practical guidelines, the book offers a valuable resource for all those active in this dynamic field. The book is important for students, scholars, researchers and professionals in economic and social science fields. .
Authoritarian Powers
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Author : Stephen White
language : en
Publisher: Routledge
Release Date : 2018-12-07
Authoritarian Powers written by Stephen White and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-12-07 with Political Science categories.
The statistics detailing the socioeconomic growth of Russia and China are impressive. On some projections, China will be the world’s largest economy by 2050, and Russia will be the sixth largest. Yet despite this impressive record of economic growth, a striking feature of both countries is the inegalitarian nature of their development – notwithstanding the (post)communist legacy. On most conventional measures, the two countries are now among the most unequal in the world, and the level of inequality has increased significantly since the 1990s. What effect does this endemic economic inequality have on political stability? From Aristotle onwards, observers have concluded that the greater the inequality within a society, the greater the likelihood of instability. This book addresses the relationship between economic inequality and political stability in Russia and China. Several chapters examine how economic performance has driven institutional reform, while others evaluate long term trends in public opinion to see how economic change has affected the public’s views of politics. The conclusion is that both regimes have proved adept at adapting to rising inequality by managing the policy agenda, guiding public opinion and co-opting or repressing political opposition. The chapters in this book originally published as a special issue in Europe-Asia Studies.
China Surpassing The Middle Income Trap
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Author : Shaojie Zhou
language : en
Publisher: Palgrave Macmillan
Release Date : 2020-10-06
China Surpassing The Middle Income Trap written by Shaojie Zhou and has been published by Palgrave Macmillan this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-10-06 with Business & Economics categories.
This open access book explores one of the most fiercely debated issues in China: if and how China will surpass the middle income trap that has plagued many developing countries for years. This book gives readers a clear picture of China today and acts as a reference for other developing countries. China is facing many setbacks and experiencing an economic slowdown in recent years due to some serious issues, and income inequality is one such issue deferring China’s development potential by creating a middle income trap. This book thoroughly investigates both the unpromising factors and favorable conditions for China to overcome the trap. It illustrates that traps may be encountered at any stage of development and argues that political stability is the prerequisite to creating a favorable environment for economic development and addressing this “middle income trap”. Written by one of China's central planners, this book offers precious insights into the industrial policies that are transforming China and the world and will be of interest to China scholars, economists and political scientists.
Brics Or Bust
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Author : Hartmut Elsenhans
language : en
Publisher: Stanford University Press
Release Date : 2017-09-12
Brics Or Bust written by Hartmut Elsenhans and has been published by Stanford University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-09-12 with Business & Economics categories.
Once among the fastest developing economies, growth has slowed or stalled in Brazil, Russia, India, China, and South Africa. What policies can governments enact to jump-start the rise of these middle-income countries? Hartmut Elsenhans and Salvatore Babones argue that economic catch-up requires investment in the productivity of ordinary citizens. Diverging from the popular narrative of increased liberalization, this book argues specifically for direct government investment in human infrastructure; policies that increase wages and the bargaining power of labor; and the strategic use of exchange rates to encourage export-led growth. These measures raise up the majority and finance future productivity by driving broader consumption and fostering investment within national borders. Though strategies like full employment, mass education, and progressive taxation are not especially controversial, none of the BRICS have truly embraced them. Examining barriers to implementation, Elsenhans and Babones find that the main obstacle to such reforms is an absence of political will, stemming from closely guarded elite privilege under the current laws. BRICS or Bust? is a short, incisive read that underscores the need for demand-driven growth and why it has yet to be achieved.
Under Pressure The Squeezed Middle Class
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Author : OECD
language : en
Publisher: OECD Publishing
Release Date : 2019-05-01
Under Pressure The Squeezed Middle Class written by OECD and has been published by OECD Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-05-01 with categories.
Middle-class households feel left behind and have questioned the benefits of economic globalisation.
Another Invisible Hand
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Author : Li Peilin
language : en
Publisher: Routledge
Release Date : 2022-05-05
Another Invisible Hand written by Li Peilin and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-05-05 with Social Science categories.
There have been two “hands” exerting influence on China’s resource allocation and economic development: one is tangible (government intervention), and the other intangible (market regulation). This book focuses on a third factor, “another invisible hand,” which is social structure transformation. This two part study explores the process of China's social structure transformation while conducting a theoretical examination of its characteristics. The first part presents a theoretical analysis of the nature of social structure transformation and its economic consequences, both in general and within the Chinese context. The second part examines the transformation of urban and rural societies in contemporary China from different perspectives; including state-owned enterprises, laid-off urban workers, rural migrants, and rural industrialization. The book is written for scholars, researchers and students across the social sciences and area studies, including Sociology, Urban studies, Rural studies, Contemporary China studies and all those who are interested in economic development in China.
China S Middle Class
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Author : Li Youmei
language : en
Publisher: Routledge
Release Date : 2021-05-12
China S Middle Class written by Li Youmei and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-05-12 with Social Science categories.
This book is a collection of empirical studies on China’s middle class from top-ranking Chinese sociologists, discussing this newly identified social stratum with regard to the basic concept and scope of the group, its functions, formation, identity, consumption, behavior patterns and value system. As the first study of its kind, the analysis of most chapters is based on a rich body of empirical data gathered from rigorous large-scale surveys designed specifically for the Chinese middle class across megacities including Beijing, Shanghai and Guangzhou. The book traces the complex and dynamic formation process of China’s middle class from different perspectives while dealing with issues of social concern such as “rigid social stratification”. The findings shed light on the underlying logic of structural change in Chinese society over several recent decades, with significant policy implications. The book will attract sociologists, students and policymakers interested in social structure, social transformation and middle-income groups in China.
An East Asian Renaissance
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Author : Indermit Singh Gill
language : en
Publisher: World Bank Publications
Release Date : 2007
An East Asian Renaissance written by Indermit Singh Gill and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007 with Business & Economics categories.
An East Asian Renaissance, by a World Bank team led by Chief Economist for East Asia & Pacific, Dr Homi Kharas and Economic Adviser, Dr Indermit Gill is the first comprehensive analysis of the new forces and challenges at play in the region since the Bank's seminal report of 1993, The East Asian Miracle. The report argues that regional flows of goods, finance and technology are helping even smaller East Asian countries reap the benefits of economies of scale and that this regional integration must be encouraged. But it also points out that these measures have to be supported by actions at the domestic level to ease the stresses and strains that rapid economic growth leaves in its wake. East Asia must now turn to the urgent domestic challenges of inequality, social cohesion, corruption and environmental degradation arising from its economic success.
China S Innovation Challenge
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Author : Arie Y. Lewin
language : en
Publisher: Cambridge University Press
Release Date : 2016-04-14
China S Innovation Challenge written by Arie Y. Lewin and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-04-14 with Business & Economics categories.
This book argues that China must become an innovation-based economy to avoid the middle-income traps, and examines both the opportunities and challenges in meeting this goal.