Economic-Social Interaction in China

37 Pages Posted: 15 Jan 2008

See all articles by Assar Lindbeck

Assar Lindbeck

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

Date Written: January 2008

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 multidimensional 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: policies that improve the stability and distribution of factor income; government-created wedges between factor income and disposable income; and improvements in the quantity, quality and distribution of human services, such as education and health care.

Keywords: China, economic transition, typology of economic systems, social reforms

JEL Classification: P2, H00, I00

Suggested Citation

Lindbeck, Assar, Economic-Social Interaction in China (January 2008). CESifo Working Paper No. 2183, Available at SSRN: https://ssrn.com/abstract=1083648 or http://dx.doi.org/10.2139/ssrn.1083648

Assar Lindbeck (Contact Author)

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Research Institute of Industrial Economics (IFN) ( email )

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

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