How Long to Read Two Sides of the Same Coin? Rebalancing and Inclusive Growth in China

How Long Does it Take to Read Two Sides of the Same Coin? Rebalancing and Inclusive Growth in China?

It takes the average reader and 24 minutes to read Two Sides of the Same Coin? Rebalancing and Inclusive Growth in China by Mr.Il Houng Lee

Assuming a reading speed of 250 words per minute. Learn more

Description

This paper uses the Shapley Value decomposition technique to assess the factors behind the rise of inequality in China. It finds that, in many ways, inequality may have been an inevitable by-product of China’s investment and export-led growth model. Between Chinese households, we find that the most important factors explaining income inequality are location, education, access to health insurance, and labor market variables, including the sector of employment and enterprise size. Across China’s provinces, divergences in per capita incomes are driven by the relative level of capital-intensity, public spending, financial access, privatization, and urbanization. In addition, excess liquidity may have exacerbated inequality in the last decade, by driving up property prices and the wealth gap. Based on these results, policies that could help broaden the benefits of growth in China include maintaining prudent monetary and credit policies, a more progressive fiscal tax and expenditure system, higher public spending on health and education, deregulation and reforms to increase competition, measures to raise labor incomes and assist vulnerable workers, and better access to finance for both households and SMEs, including in rural areas. Not surprisingly, given the argued nexus between China’s growth strategy and inequality, many of these reforms are the same ones that would help rebalance its economy toward consumption and household incomes.

How long is Two Sides of the Same Coin? Rebalancing and Inclusive Growth in China?

Two Sides of the Same Coin? Rebalancing and Inclusive Growth in China by Mr.Il Houng Lee is 24 pages long, and a total of 6,096 words.

This makes it 8% the length of the average book. It also has 7% more words than the average book.

How Long Does it Take to Read Two Sides of the Same Coin? Rebalancing and Inclusive Growth in China Aloud?

The average oral reading speed is 183 words per minute. This means it takes and 33 minutes to read Two Sides of the Same Coin? Rebalancing and Inclusive Growth in China aloud.

What Reading Level is Two Sides of the Same Coin? Rebalancing and Inclusive Growth in China?

Two Sides of the Same Coin? Rebalancing and Inclusive Growth in China is suitable for students ages 8 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy Two Sides of the Same Coin? Rebalancing and Inclusive Growth in China?

Two Sides of the Same Coin? Rebalancing and Inclusive Growth in China by Mr.Il Houng Lee is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.

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