This timely book documents and analyses the seriousness of growing national inequality in different regions around the world. It argues that the treatment of inequality in the Sustainable Development Goals (SDGs) is wholly insufficient due to their failure to recognise the growing difference between the income of work and the income of capital and the super rich, and the strain this places on a country’s social fabric.
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Edited by Peter A.G. van Bergeijk and Rolph van der Hoeven
Challenges Facing the People’s Republic of China
Edited by Juhzon Zhuang, Paul Vandenberg and Yiping Huang
The growth model of the People’s Republic of China has been based on high investments, exports, low-cost advantage, and government interventions. This model has successfully transformed the country from a low-income to an upper middle-income economy. However, the model has generated contradictions that could undermine future growth. Making the transition to high income requires greater reliance on efficiency and productivity improvement, innovation, and market competition. This book examines the challenges faced by the People’s Republic of China in sustaining robust growth, and policy options for making a successful transition to a high-income economy to avoid getting caught in the middle-income trap.
Rural–Urban Migration in China and Indonesia
Edited by Xin Meng, Chris Manning, Li Shi and Tadjuddin Nur Effendi
This fascinating study compares and contrasts the immense internal migration movements in China and Indonesia. Over the next two decades, approximately two-thirds of the rural labour force is expected to migrate, transforming their respective societies from primarily rural to urban based.