The development path that the People's Republic of China (PRC) has been following during the past thirty years has led to both internal and external economic imbalances, and is now greatly challenged by the global crisis. This unbalanced growth path was primarily a result of the PRC's labor...

"This paper evaluates the impact of some key factor market reforms on ruralurban inequality and income distribution, using a household-disaggregated, recursive dynamic computable general equilibrium (CGE) model of People's Republic of China. It also explores how these factor market reforms...