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Investigating the relation between growth and employment in China, this report shows that over the past two decades the world's largest developing nation made significant strides towards the goal of full employment of its labor force by the ability of the agricultural sector to absorb the unemployed.
This report investigates the complex relationship between national economic growth and labor market dynamics within the Chinese economy. Thomas G. Rawski, a specialist in the Chinese economy, utilizes historical data and economic indicators from the late 20th century to analyze how the country managed its workforce. The study argues that the agricultural sector played a critical role in absorbing surplus labor, thereby facilitating broader economic development and progress toward full employment.
What You Will Find
Experts recognize this publication as a foundational document for understanding the structural shifts in the Chinese labor market during the late 20th century. Readers frequently note the technical density of the prose and the reliance on specific macroeconomic data sets to support the author's conclusions.
Page Count:
208
Publication Date:
1979-12-13
Publisher:
Oxford University Press
ISBN-10:
0195201523
ISBN-13:
9780195201529
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