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Income Inequality In China
China's current mainly market economy features a high degree of income inequality. According to the Asian Development Bank Institute, “before China implemented reform and opening-up policies in 1978, its income distribution pattern was characterized as egalitarian in all aspects.” At this time, the Gini coefficient for rural – urban inequality was only 0.16. As of 2012, the official Gini coefficient in China was 0.474, although that number has been disputed by scholars who “suggest China’s inequality is actually far greater.” A study published in the PNAS estimated that China's Gini coefficient increased from 0.30 to 0.55 between 1980 and 2002. History In a landmark paper published in the '' Review of Development Economics'', economists Ravi Kanbur and Xiaobo Zhang conclude that there have been three peaks of inequality in China in the last fifty years, “coinciding with the Great Famine of the late 1950s, the Cultural Revolution of the late 1960s and 1970s, and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
One-child Policy
The term one-child policy () refers to a population planning initiative in China implemented between 1980 and 2015 to curb the country's population growth by restricting many families to a single child. That initiative was part of a much broader effort to control population growth that began in 1970 and ended in 2021, a half century program that included minimum ages at marriage and childbearing, two-child limits for many couples, minimum time intervals between births, heavy surveillance, and stiff fines for non-compliance. The program had wide-ranging social, cultural, economic, and demographic effects, although the contribution of one-child restrictions to the broader program has been the subject of controversy. China's family planning policies began to be shaped by fears of overpopulation in the 1970s, and officials raised the age of marriage and called for fewer and more broadly spaced births. Overpopulation, in the eyes of the state officials, would hinder their agenda ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Export
An export in international trade is a good produced in one country that is sold into another country or a service provided in one country for a national or resident of another country. The seller of such goods or the service provider is an ''exporter''; the foreign buyer is an '' importer''. Services that figure in international trade include financial, accounting and other professional services, tourism, education as well as intellectual property rights. Exportation of goods often requires the involvement of customs authorities. Firms Many manufacturing firms begin their global expansion as exporters and only later switch to another mode for serving a foreign market. Barriers There are four main types of export barriers: motivational, informational, operational/resource-based, and knowledge. Trade barriers are laws, regulations, policy, or practices that protect domestically made products from foreign competition. While restrictive business practices sometimes hav ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Yugoslavia
Yugoslavia (; sh-Latn-Cyrl, separator=" / ", Jugoslavija, Југославија ; sl, Jugoslavija ; mk, Југославија ;; rup, Iugoslavia; hu, Jugoszlávia; rue, label=Pannonian Rusyn, Югославия, translit=Juhoslavija; sk, Juhoslávia; ro, Iugoslavia; cs, Jugoslávie; it, Iugoslavia; tr, Yugoslavya; bg, Югославия, Yugoslaviya ) was a country in Southeast Europe and Central Europe for most of the 20th century. It came into existence after World War I in 1918 under the name of the ''Kingdom of Serbs, Croats and Slovenes'' by the merger of the provisional State of Slovenes, Croats and Serbs (which was formed from territories of the former Austria-Hungary) with the Kingdom of Serbia, and constituted the first union of the South Slavic people as a sovereign state, following centuries in which the region had been part of the Ottoman Empire and Austria-Hungary. Peter I of Serbia was its first sovereign. The kingdom gained international recog ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hu Angang
Hu Angang () is an economics professor at Tsinghua University. Hu Angang was born on 27 April 1953. He is a professor in the School of Public Policy & Management at Tsinghua University as well as Director of the Center for China Study at Tsinghua-CAS (Chinese Academy of Sciences). Hu Angang received his master's degree at Beijing University of Science and Technology in 1984. He received his PhD in Engineering at the Chinese Academy of Sciences in 1988."Angang Hu." The Complete Marquis Who's Who. 23rd ed. 2007. LexisNexis Academic. Political and economic positions Hu claims that the Chinese socialist system is superior to other systems. In a July 2011 article for the ''People's Forum'', Hu wrote that: "The CPC has always adhered to the mass line, rooting itself among the people in order to make democratic decisions. This is manifested in the superiority of the socialist policy-making system with Chinese characteristics. This policy-making system is based on the mass line of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kenneth Rogoff
Kenneth Saul Rogoff (born March 22, 1953) is an American economist and chess Grandmaster. He is the Thomas D. Cabot Professor of Public Policy and professor of economics at Harvard University. Early life Rogoff grew up in Rochester, New York. His father was a professor of radiology at the University of Rochester. Rogoff received a BA and MA from Yale University '' summa cum laude'' in 1975, and a PhD in Economics from the Massachusetts Institute of Technology in 1980. Chess At sixteen Rogoff dropped out of high school to concentrate on chess. He won the United States Junior Championship in 1969 and spent the next several years living primarily in Europe and playing in tournaments there. However, at eighteen he made the decision to go to college and pursue a career in economics rather than to become a professional player, although he continued to play and improve for several years afterward. Rogoff was awarded the IM title in 1974, and the GM title in 1978. He was 3rd in t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hukou System
''Hukou'' () is a system of household registration Civil registration is the system by which a government records the vital events ( births, marriages, and deaths) of its citizens and residents. The resulting repository or database has different names in different countries and even in differ ... used in mainland China. The system itself is more properly called "''huji''" (), and has origins in History of China, ancient China; ''hukou'' is the registration of an individual in the system (''kou'' literally means "mouth", which originates from the practise of regarding family members as "mouths to feed", similar to the phrase "per capita, per head" in English). A household registration record officially identifies a person as a permanent resident of an area and includes identifying information such as name, parents, spouse and date of birth. A ''hukou'' can also refer to a family register in many contexts since the household register () is issued per family, and usual ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economic Model
In economics, a model is a theoretical construct representing economic processes by a set of variables and a set of logical and/or quantitative relationships between them. The economic model is a simplified, often mathematical, framework designed to illustrate complex processes. Frequently, economic models posit structural parameters. A model may have various exogenous variables, and those variables may change to create various responses by economic variables. Methodological uses of models include investigation, theorizing, and fitting theories to the world. Overview In general terms, economic models have two functions: first as a simplification of and abstraction from observed data, and second as a means of selection of data based on a paradigm of econometric study. ''Simplification'' is particularly important for economics given the enormous complexity of economic processes. This complexity can be attributed to the diversity of factors that determine economic activity; ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
American Economic Association
The American Economic Association (AEA) is a learned society in the field of economics. It publishes several peer-reviewed journals acknowledged in business and academia. There are some 23,000 members. History and Constitution The AEA was established in 1885 in Saratoga Springs, New York by younger progressive economists trained in the German historical school, including Richard T. Ely, Edwin Robert Anderson Seligman and Katharine Coman, the only woman co-founder; since 1900 it has been under the control of academics. The purposes of the Association are: 1) The encouragement of economic research, especially the historical and statistical study of the actual conditions of industrial life; 2) The issue of publications on economic subjects; 3) The encouragement of perfect freedom of economic discussion. The Association as such will take no partisan attitude, nor will it commit its members to any position on practical economic questions. The Association publishes one of the most pr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Southwestern University Of Finance And Economics
The Southwestern University of Finance and Economics (SWUFE; ) is a public research university in Chengdu, Sichuan, China. The university is affiliated to the Ministry of Education, and co-funded by the ministry and the Sichuan Provincial People's Government. The school is listed in the former Project 211. It is a Chinese state Double First Class University identified by the Ministry of Education of China, as part of the national endeavor to build world-class universities. In December 2014, SWUFE’s School of Business Administration (SBA) became the first business school in Western China to be accredited by the European Quality Improvement System. As of 2022, Southwestern University of Finance and Economics ranked # 1 in Western China and # 5 nationwide among universities specialized in finance, business, and economics in the Best Chinese Universities Ranking. The U.S. News & World Report ranks SWUFE at 9th in Asia and 67th globally in Business and Economics. History ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Xinhuanet
Xinhua News Agency (English pronunciation: )J. C. Wells: Longman Pronunciation Dictionary, 3rd ed., for both British and American English, or New China News Agency, is the official state news agency of the People's Republic of China. Xinhua is a ministry-level institution subordinate to the State Council and is the highest ranking state media organ in China. Xinhua is a publisher as well as a news agency. Xinhua publishes in multiple languages and is a channel for the distribution of information related to the Chinese government and the ruling Chinese Communist Party (CCP). Its headquarters in Beijing are located close to the central government's headquarters at Zhongnanhai. Xinhua tailors its pro-Chinese government message to the nuances of each audience. Xinhua has faced criticism for spreading propaganda and disinformation and for criticizing people, groups, or movements critical of the Chinese government and its policies. History The predecessor to Xinhua was the R ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Household-responsibility System
The household responsibility system ( zh, s=家庭联产承包责任制, t=家庭聯產承包責任制, p=jiātíng liánchǎn chéngbāo zérènzhì), or contract responsibility system, was a practice in China, first adopted in agriculture in 1979 and officially established in 1982, by which households are held responsible for the profits and losses of an enterprise. This system, which came to replace collective farming, maintained public ownership of land and some of the means of production, but made production the responsibility of households. Households still had to contribute to state quotas but could make their own decisions about what to plant on contracted land and could sell via a multi-tier price system that included the lowest price for payment to the state up until the quota, a higher rate for above-quota sales to the state, and market price for crops allowed to be sold at fairs. History 1977–1978: Preparation period By the late 1970s, China's collectivization and cent ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
