This book was first published in 2005. Labour Market Reform in China documents and analyses institutional changes in the Chinese labour market over the last twenty-five years, and argues that further reform is necessary if China is to sustain its high growth rates. The book first assesses the problems associated with the pre-reform labour arrangements. It offers an in-depth analysis of the urban labour market and its impact on individual wage determination, ownership structure, labour compensation and labour demand and of social security reform. In its main chapters, the book investigates the impact of rural economic reform on rural labour market. Detailed consideration is given to the rural agricultural labour market, labour arrangement in the rural non-agricultural sector, and the wage gap between the rural agricultural and non-agricultural sectors. Finally, the book examines the phenomenon of rural-urban migration, its impact on rural and urban economic growth, and models its effect on urban employment, unemployment and earnings.
Labour Market Reform in China analyzes institutional changes in the Chinese labor market over the past twenty years, and offers evidence that further reform is necessary if China is to sustain its high growth rates. It investigates separately the impact of economic reform on the rural and urban labor markets and then considers their interaction. Consideration is given to employment and unemployment, wages and social security. It provides a detailed analysis of how current ownership patterns of urban enterprises hinder further labor market reform.