Economic Social Interaction in China

27 Pages Posted: 23 Dec 2007

See all articles by Assar Lindbeck

Assar Lindbeck

; CESifo (Center for Economic Studies and Ifo Institute); Research Institute of Industrial Economics (IFN)

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Abstract

This paper analyzes economic social interaction in China in connection with the country's change of economic system. I define an economic system in terms of a multi-dimensional vector of broad institutional characteristics, and I emphasize that important features of the social development are closely related to specific changes in these various dimensions. I classify China's options for future social improvements into three broad categories: (i) policies that improve the stability and distribution of factor income; (ii) government-created wedges between factor income and disposable income; and (iii) improvements in the quantity, quality and distribution of human services, such as education and healthcare.

Suggested Citation

Lindbeck, Assar, Economic Social Interaction in China. Economics of Transition, Vol. 16, Issue 1, pp. 113-139, January 2008. Available at SSRN: https://ssrn.com/abstract=1078000 or http://dx.doi.org/10.1111/j.1468-0351.2007.00315.x

Assar Lindbeck (Contact Author)

( email )

Stockholm, SE-10691
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CESifo (Center for Economic Studies and Ifo Institute)

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Research Institute of Industrial Economics (IFN) ( email )

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Sweden

HOME PAGE: http://www.ifn.se/assarl

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