Economic-Social Interaction in China

Assar Lindbeck

No 720, Working Paper Series from Research Institute of Industrial Economics

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 (search for similar items in EconPapers)
JEL-codes: H00 I00 P20 (search for similar items in EconPapers)
Pages: 32 pages
Date: 2007-09-28
New Economics Papers: this item is included in nep-cna, nep-dev, nep-soc and nep-tra
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Related works:
Working Paper: Economic-Social Interaction in China (2008)
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Persistent link: https://EconPapers.repec.org/RePEc:hhs:iuiwop:0720

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