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This study considers how education and globalization affect income inequality in Asia, with unbalanced panel data. The evidence supports the validity of Kuznets' inverted-U hypothesis for the connection between income level and income inequality. However, when more variables are integrated into...
Persistent link: https://www.econbiz.de/10011642136
China. It is said that inward FDI replaces local domestic capabilities in import-substitution countries. In the case of … China the Chinese domestic industries are lacking technological innovations because of heavy reliance upon FDI. Most of the …-National Companies. In this paper we would try to analyze that whether China's policy of reliance upon FDI is a success or a debacle by …
Persistent link: https://www.econbiz.de/10009735208
global middle class in China and 33 other countries and analyze China's expanding middle class in international perspective …. China's global middle class has grown rapidly and has been catching up with that in developed countries. By 2018 China …'s global middle class constituted 25 percent of China's population; in absolute size it was nearly double the size of the …
Persistent link: https://www.econbiz.de/10012588683
global middle class in China and 33 other countries and analyze China’s expanding middle class in international perspective …. China’s global middle class has grown rapidly and has been catching up with that in developed countries. By 2018 China …’s global middle class constituted 25 percent of China’s population; in absolute size it was nearly double the size of the …
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This chapter seeks to throw new light on the emergence of the Chinese economic middle class using data from the China … Household Income Project from 2002, 2007, and 2013. We find that between 2002 and 2013 China's income distribution was … rich if living in a high-income country, we find that the share of China's population that was middle class was extremely …
Persistent link: https://www.econbiz.de/10011876462
This paper analyzes the evolution of global interpersonal income inequality in the last decades. While some authors characterize the period 2000-2020 as an "age of convergence" (Milanovic, 2022), others argue that global inequality has remained constant (Chancel & Piketty, 2021) or even...
Persistent link: https://www.econbiz.de/10014458471