China's New Lost Generation: The Casualty of China's Economic Transformation
Gary Jefferson ()
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Gary Jefferson: Brandeis University
No 107, Working Papers from Brandeis University, Department of Economics and International Business School
Abstract:
China’s surge into global middle-income status over the space of three decades has been spectacular. However, a potentially large and burdensome cost has been imposed on a generation of adolescents and young adults who abandoned the countryside, and with it access to basic education, in order to seek the anticipated advantages of jobs in the country’s burgeoning urban-industrial sector. This large swath of off-farm migrants transformed China. It propelled China to the status of the “world’s factory” and created the scale and accumulated learning-by-doing enabling China’s transition to a “knowledge economy” that no longer depends on the labor of China’s new “Lost Generation.” As the Lost Generation and its left-behind children, who suffer from a chronic lack of schooling, thicken the lower tail of China’s income distribution, it may be the rising, prosperous urban middle class that ultimately incurs the social, economic, and political challenges associated with China’s generation of off-farm migrant households once essential for launching China’s economic ascent.
JEL-codes: J21 J24 J31 O15 O33 (search for similar items in EconPapers)
Pages: 31 pages
Date: 2016-07
New Economics Papers: this item is included in nep-cna, nep-cse, nep-lma, nep-pke and nep-tra
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Persistent link: https://EconPapers.repec.org/RePEc:brd:wpaper:107
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