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Marketization and perceptions of social protection in China's cities [An article from: World Development]
Description
This digital document is a journal article from World Development, published by Elsevier in . The article is delivered in HTML format and is available in your Amazon.com Media Library immediately after purchase. You can view it with any web browser.
Description:
One of the major challenges for China's ongoing economic reforms is how best to handle the social protection needs of its citizens in the face of mounting insecurities resulting from the marketization process. We first argue that China has adopted a middle road in its approach to balancing marketization and stability. We then proceed to draw on a large survey of people living in China's cities to examine how successful China's middle road has been perceived to be through the eyes of its urban populace. Our findings support the view that the market and state are complements and that fostering sustained economic growth requires sound social protection arrangements.
Description:
One of the major challenges for China's ongoing economic reforms is how best to handle the social protection needs of its citizens in the face of mounting insecurities resulting from the marketization process. We first argue that China has adopted a middle road in its approach to balancing marketization and stability. We then proceed to draw on a large survey of people living in China's cities to examine how successful China's middle road has been perceived to be through the eyes of its urban populace. Our findings support the view that the market and state are complements and that fostering sustained economic growth requires sound social protection arrangements.
