In addition to pure market forces, state policies play a significant role in contributing to the high levels of inequality China experiences nowadays. (IN TEXT CITE) As we know, internal migration is one of the most important factor contributed in the rapid development in China that shaped the nation into an essential group on the international market. Corruption will lead to both poverty and inequality. The exclusivity of access to education inherent in the hukou system therefore significantly contributes to the rising levels of inequality in, Contrary to the finding that “income inequality increases socio-political instability” (Alesina and Perotti, 1993, p. 18) current levels of inequality in China seems to have little impact on the societal status quo. In 50 years, Introduction According to figures from WTO 2013, the world merchandise trade is 17930 billion US dollars. social and economic inequality, China’s rapid economic growth magnifies the gap of benefits received by people in different socio-economic groups. According to the report published by China Family Panel studies, one-third of the country’s wealth belongs only to the top 1 percent of the population, while the bottom 25 percent only owns 1 percent of the total wealth. Registered in England & Wales No. Elderly income inequality by socioeconomic groups Total income inequality can be decomposed into components associated with the determinants of income (Wan, 2004). Previous studies have looked at income There are two types of poverty, absolute poverty and relative poverty. The phenomenal economic growth in China has been accompanied by a rapid increase in income inequality. As we will see, social and economic inequality are two sides of the same coin and is not solely the product of economic development. The rich may, As members of “BRICKS”, China and Brazil are regarded as two of the highest potential developing countries around the world. President Donald Trump, elected with the votes of discontented blue-collar workers, slaps tariffs on allies and adversaries alike in … 186-208. Income inequality has surged as an economic and political issues, “Since 1978, China has experienced the most extensive internal migration”. (IN TEXT CITE) As we know, internal migration is one of the most important factor contributed in the rapid development in China that shaped the nation into an essential group on the international market. Despite the government’s concern towards inequality, recent interventions, Sciences, inequality means the unequal distribution of wealth, power, opportunities, and benefits. In addition to pure market forces, state policies play a significant role in contributing to the high levels of inequality China experiences nowadays. This paper reviews the historical trends and patterns of income inequality in China, discusses the potential causes underlying rising income inequality, and applies the functional distribution of income approach in understanding China’s income inequality. Register to receive personalised research and resources by email, Income inequality in China: causes and policy responses, School of Economics and Finance, Curtin Business School, Curtin University, Perth, WA, Australia, Crawford School of Public Policy, Australian National University, Canberra, ACT, Australia, /doi/full/10.1080/17538963.2016.1168203?needAccess=true.
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