Constitutional Political Economy, Morality (Ethics), Political Morality

Selma Sevinç Orhan and Ahmet Can Bakkalci

Sosyoekonomi Journal, 2009, issue 2009-2

Abstract: China’s exports increased by five times over the last two decades and China has become world’s third biggest exporter and importer after Germany. Chinese labor markets has been changing, growing and getting richer after The Policy of Open Doors. First of all labor wage has been increasing especially in the Pacific coast of China. This region is one of the most attractive direct foreign investment areas in the world and this structure makes China more important in the global economic system. In the era of US financial crisis China can be seeing as an economic stabilizator against the global recession. Chinese economy produces more and grows rapidly. But Chinese market and labor force shows dual structure. Dual structure of the Chinese economy makes income distribution unfair. One side of the labor market is rich and the other side is poor. Comparative poverty of two sides has been growing and some global impact on World’s economy.

Keywords: Global Economy; Employment; Labor Market; Demographic Windows of Opportunity; China. (search for similar items in EconPapers)
JEL-codes: F14 F16 F21 F43 (search for similar items in EconPapers)
Date: 2009
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Persistent link: https://EconPapers.repec.org/RePEc:sos:sosjrn:090203

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