Chinas Labor Market Performance And Challenges
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Author | : Mr.Ray Brooks |
Publisher | : International Monetary Fund |
Total Pages | : 25 |
Release | : 2003-11-01 |
Genre | : Business & Economics |
ISBN | : 1451874812 |
Download China's Labor Market Performance and Challenges Book in PDF, Epub and Kindle
A more market-oriented labor market has emerged in China in the past twenty years with growing importance of the urban private sector, as state-owned enterprises have downsized. Despite the progress on reforms, a sizable surplus of labor still exists in the rural sector and state-owned enterprises. The main challenge facing China’s labor market in coming years is to absorb the surplus labor into quality jobs while adjusting to World Trade Organization (WTO) accession. This paper estimates that if annual GDP growth averages 7 percent and the employment elasticity is one-half, urban unemployment could double to about 10 percent over the next three to four years. These pressures would be limited by stronger economic growth, especially in the private sector and more labor-intensive service industries which have generated the most jobs in recent years. Therefore, policy should focus on encouraging private sector development while reducing barriers to labor mobility, improving worker skills, upgrading job search services, and strengthening the social safety net.
Author | : Ray Brooks |
Publisher | : |
Total Pages | : 24 |
Release | : 2003 |
Genre | : |
ISBN | : |
Download China's Labor Market Performance and Challenges Book in PDF, Epub and Kindle
Author | : Mr.Waikei W. Lam |
Publisher | : International Monetary Fund |
Total Pages | : 34 |
Release | : 2015-07-13 |
Genre | : Business & Economics |
ISBN | : 1513585401 |
Download China’s Labor Market in the “New Normal” Book in PDF, Epub and Kindle
As China implements reforms under the “new normal,” maintaining stability in the labor market is a priority. The country’s demography and labor dynamics are changing, after benefitting in past decades from ample cheap labor. So far, the labor market appears to be resilient, even as growth slows, driven in part by expansion of the services sector. Migrant flows and possible labor hoarding in overcapacity sectors may also help explain this. Yet, while the latter two factors help serve as shock absorbers— contributing to labor market stability in the short term—if they persist, they may delay the needed adjustment process, contributing to an inefficient allocation of resources and curtailing productivity gains. This paper quantifies to what extent structural trends and the reform pace affect employment growth under the new normal. Delays in reform implementation would weaken growth prospects in the medium term, running the risk that job creation will fall below policy targets, leading to labor market pressures in the future. In contrast, successful transition might require faster reforms, including in the overcapacity and state-owned enterprise sectors, supported by well targeted social safety nets.
Author | : Douglas Zhihua Zeng |
Publisher | : World Bank Publications |
Total Pages | : 35 |
Release | : 2005 |
Genre | : Banks and Banking Reform |
ISBN | : |
Download China's Employment Challenges and Strategies After the WTO Accession Book in PDF, Epub and Kindle
"Although China has made impressive progress in economic development and improving social well-being, it is facing many daunting challenges while transforming toward a knowledge and service-based economy and further opening up to international competition after its WTO accession in the context of knowledge revolution. One of the biggest challenges is how to create 100--300 million new jobs in the coming decade to absorb the millions of laid-offs, rural emigrants, and newly added labor force. China has been successful in building high-technology parks and information and communications technology (ICT) industries, but they are limited in terms of employment generation, while most of the traditional labor-intensive industries are losing competitiveness due to low productivity. To combat the unprecedented employment challenge, China must implement a systemic and sustained strategy ... " -- Cover verso.
Author | : Xinxin Ma |
Publisher | : Springer |
Total Pages | : 303 |
Release | : 2018-12-30 |
Genre | : Business & Economics |
ISBN | : 9811319871 |
Download Economic Transition and Labor Market Reform in China Book in PDF, Epub and Kindle
This book empirically investigates the changes in labor market structure accompanying the labor market reform in China by focusing on the labor market segmentation problems from the 1980s to 2013. The book also aims to examine the effect of labor policy reforms on individual, household and enterprise behavior, including the causes and consequences of labor market reform in China, particularly the influences of labor policy reforms on labor market performance. Offering valuable insights into the changing structure of the Chinese economy, this book will be of interest to scholars, activists, and economists.
Author | : Solomon W. Polachek |
Publisher | : Emerald Group Publishing |
Total Pages | : 218 |
Release | : 2013-06-25 |
Genre | : Business & Economics |
ISBN | : 1781907579 |
Download Labor Market Issues in China Book in PDF, Epub and Kindle
After three decades of economic reform, China is experiencing substantial demographic changes and a steady structural transformation toward a market economy. This volume presents fresh knowledge on labor market issues in China including topics such as: occupational choice and mobility, over-qualification and hiring, cost of displacement, and the pe
Author | : |
Publisher | : |
Total Pages | : 216 |
Release | : 1996 |
Genre | : Employment forecasting |
ISBN | : |
Download Changes in China's Labor Market Book in PDF, Epub and Kindle
Author | : |
Publisher | : BRILL |
Total Pages | : 152 |
Release | : 2024-10-31 |
Genre | : Business & Economics |
ISBN | : 9004707786 |
Download Chinese Research Perspectives on Population and Labor, Volume 8 Book in PDF, Epub and Kindle
This translated volume is based on the publication Green Book of Population and Labor (No. 20), originally published in Chinese by the Social Science Academic Press (SASS). The focus of this volume is high-quality employment in China. The topics covered include China’s labor market during the Fourteenth Five-Year Plan; labor supply and demand; the economic impact of consumption among migrant workers; labor supply elasticity and productivity; geographical and structural shifts in job opportunities; and the educational profiles and income distribution among migrants. The final chapter discusses the opportunities and challenges associated with the rapid development of AI and robotics.
Author | : John Knight |
Publisher | : OUP Oxford |
Total Pages | : 276 |
Release | : 2005-03-24 |
Genre | : Business & Economics |
ISBN | : 0191529664 |
Download Towards a Labour Market in China Book in PDF, Epub and Kindle
China's remarkable economic transition and capacity for dynamic growth has stunned the world. Throughout the period of economic reform, China has been moving towards the creation of a labour market. The scale of this transformation is unprecedented. New economic incentives, vast labour migration, draconian retrenchment of state workers, and sharply rising wage inequality are all characteristic of this unique transition. Drawing on more than a decade of survey-based research, the authors systematically document and analyse this important transformation. They use economic and sociological theory, institutional analysis and political economy to fully explain the causes, pressures, obstacles and consequences of the move towards a labour market in China. It is argued that much progress has been made towards the creation of a labour market but that the process is far from complete.
Author | : Douglas Zhihua Zeng |
Publisher | : |
Total Pages | : |
Release | : 2012 |
Genre | : |
ISBN | : |
Download China???s Employment Challenges and Strategies After the WTO Accession Book in PDF, Epub and Kindle
Although China has made impressive progress in economic development and improving social well-being, it is facing many daunting challenges while transforming toward a knowledge and service-based economy and further opening up to international competition after its WTO accession in the context of knowledge revolution. One of the biggest challenges is how to create 100-300 million new jobs in the coming decade to absorb the millions of laid-offs, rural emigrants and newly added labor force. China has been successful in building high-tech parks and ICT industries, but they are limited in terms of employment generation, while most of the traditional labor-intensive industries are losing competitiveness due to low productivity. In order to combat the unprecedented employment challenge, China must implement a systemic and sustained strategy, which may consist of the following policy thrusts: encouraging the private sector; promoting small and medium enterprises; expanding the service sector; reforming the state-owned enterprises; strengthening the social security system; improving labor market flexibility; and establishing mass retraining programs.