China - Promoting Growth with Equity : Country Economic Memorandum

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dc.creatorWorld Bank
dc.date2013-07-29T19:59:17Z
dc.date2013-07-29T19:59:17Z
dc.date2003-09-15
dc.date.accessioned2026-07-01T01:29:51Z
dc.descriptionInternational experience suggests that the effect of globalization on economic growth, poverty and income distribution can vary significantly among countries, and that its impact depends crucially on national policies. This report assesses the possible patterns of inequality in China in the future, and outlines policy options that could help accomplish China's objective of growth with equity. For sustaining growth, the report emphasizes the freer flow of resources and goods and services in the economy, to be achieved by domestic market integration and flexibility. The report suggests that the cost of market fragmentation and rigidities is high, and highlights measures to reduce local protectionism, facilitate migration, and commercialize the banking sector. To optimize the results of domestic market integration and promote growth with equity, the report proposes a package of policy actions that would promote new job opportunities, especially in the less developed regions, and raise returns on farm labor and land. Among these, the report highlights investing in people, promoting the diffusion of technology, facilitating urban agglomeration, expanding services and enhancing farmers' prospects. Finally, the report tackles the social, economic and fiscal risks that may threaten future growth and distributional performance. In particular, it suggests extending different types of formal social security in both urban and rural areas, for fixing the inter- government fiscal system in order to facilitate the provision of public services, and for managing fiscal risk beyond the government budget and officially recognized debt.
dc.formatapplication/pdf
dc.formattext/plain
dc.identifierhttp://documents.worldbank.org/curated/en/2003/09/2631207/china-promoting-growth-equity-country-economic-memorandum
dc.identifierhttps://hdl.handle.net/10986/14643
dc.identifierhttps://doi.org/10.1596/14643
dc.identifier.urihttp://hdl.handle.net/123456789/418629
dc.languageEnglish
dc.languageen_US
dc.publisherWashington, DC
dc.rightsCC BY 3.0 IGO
dc.rightshttp://creativecommons.org/licenses/by/3.0/igo/
dc.rightsWorld Bank
dc.subjectACCOUNTABILITY
dc.subjectACCOUNTING
dc.subjectADMINISTRATIVE CAPACITY
dc.subjectAGRICULTURAL OUTPUT
dc.subjectALLOCATION OF CAPITAL
dc.subjectAUDITING
dc.subjectAUTHORITY
dc.subjectAUTONOMY
dc.subjectBANKING SECTOR
dc.subjectBANKING SYSTEM
dc.subjectBASIC EDUCATION
dc.subjectCENTRAL GOVERNMENT
dc.subjectCENTRAL PLANNING
dc.subjectCENTRALIZATION
dc.subjectCITIES
dc.subjectCOLLATERAL
dc.subjectCOMMERCIAL BANKS
dc.subjectCOMMUNIST
dc.subjectCOMMUNIST PARTY
dc.subjectCOMPETITION POLICY
dc.subjectCONSOLIDATION
dc.subjectCONSTITUENCIES
dc.subjectCORPORATE GOVERNANCE
dc.subjectDEBT
dc.subjectDECISION MAKING
dc.subjectDECISION MAKING PROCESS
dc.subjectDEFICITS
dc.subjectDISTRIBUTION OF INCOME
dc.subjectECONOMIC ACTIVITY
dc.subjectECONOMIC DEVELOPMENT
dc.subjectECONOMIC GROWTH
dc.subjectECONOMIC PERFORMANCE
dc.subjectECONOMIC SHOCKS
dc.subjectECONOMIES OF SCALE
dc.subjectEMPLOYMENT
dc.subjectENFORCEMENT MECHANISM
dc.subjectENTERPRISE OWNERSHIP
dc.subjectENVIRONMENTAL POLICIES
dc.subjectENVIRONMENTAL PROTECTION
dc.subjectEQUALIZATION
dc.subjectEXECUTION
dc.subjectEXPENDITURE
dc.subjectEXPENDITURE RESPONSIBILITIES
dc.subjectEXPENDITURES
dc.subjectFINANCIAL INSTITUTIONS
dc.subjectFINANCIAL MANAGEMENT
dc.subjectFINANCIAL MARKETS
dc.subjectFINANCIAL SECTOR
dc.subjectFINANCIAL SECTORS
dc.subjectFINANCIAL SERVICES
dc.subjectFINANCIAL SUPPORT
dc.subjectFISCAL
dc.subjectFISCAL CONTRIBUTION
dc.subjectFISCAL EQUITY
dc.subjectFISCAL MANAGEMENT
dc.subjectFISCAL PRESSURES
dc.subjectFISCAL RESOURCES
dc.subjectFOREIGN DIRECT INVESTMENT
dc.subjectFOREIGN ENTRY
dc.subjectFOREIGN INVESTMENT
dc.subjectFORMAL EDUCATION
dc.subjectFORMAL SYSTEM
dc.subjectGOVERNMENT ACCOUNTABILITY
dc.subjectGOVERNMENT FINANCE
dc.subjectGOVERNMENT OBLIGATIONS
dc.subjectGOVERNMENT PERFORMANCE
dc.subjectGOVERNMENT POLICIES
dc.subjectGOVERNMENT REVENUES
dc.subjectHOUSING
dc.subjectHUMAN CAPITAL
dc.subjectHUMAN DEVELOPMENT
dc.subjectIMPORTS
dc.subjectINCOME DISTRIBUTION
dc.subjectINCOME INEQUALITY
dc.subjectINFORMATION DISCLOSURE
dc.subjectINSTITUTIONAL CAPACITY
dc.subjectINSTITUTIONAL DEVELOPMENT
dc.subjectINSTITUTIONAL REFORMS
dc.subjectINSURANCE
dc.subjectINTEREST RATES
dc.subjectINTERGOVERNMENTAL TRANSFERS
dc.subjectINTERNATIONAL FINANCIAL MARKETS
dc.subjectINVESTMENT CLIMATE
dc.subjectLABOR FORCE
dc.subjectLABOR MARKET
dc.subjectLABOR MARKETS
dc.subjectLABOR MOBILITY
dc.subjectLAND DEVELOPMENT
dc.subjectLAND USE
dc.subjectLAWS
dc.subjectLEVELS OF GOVERNMENT
dc.subjectLOCAL ENTERPRISES
dc.subjectLOCAL GOVERNMENT
dc.subjectLOCAL GOVERNMENT ACCOUNTABILITY
dc.subjectLOCAL GOVERNMENT REVENUES
dc.subjectLOCAL GOVERNMENTS
dc.subjectLOCAL TAX
dc.subjectMACROECONOMIC CONDITIONS
dc.subjectMACROECONOMIC STABILITY
dc.subjectMARKET DISTORTIONS
dc.subjectMICROFINANCE
dc.subjectMIGRATION
dc.subjectMINISTRY OF FINANCE
dc.subjectNATIONAL POLICIES
dc.subjectPENALTIES
dc.subjectPENSIONS
dc.subjectPRIVATE SECTOR
dc.subjectPRODUCERS
dc.subjectPRODUCTIVITY
dc.subjectPROFITABILITY
dc.subjectPROVISIONS
dc.subjectPUBLIC FINANCE
dc.subjectPUBLIC FUNDS
dc.subjectPUBLIC HEALTH
dc.subjectPUBLIC SERVICE
dc.subjectPUBLIC SERVICE DELIVERY
dc.subjectPUBLIC SERVICES
dc.subjectPUBLIC SUPPORT
dc.subjectPUBLIC TRANSPORT
dc.subjectRECAPITALIZATION
dc.subjectRESOURCE ALLOCATION
dc.subjectRETIREMENT
dc.subjectSAVINGS
dc.subjectSOCIAL COST
dc.subjectSOCIAL INFRASTRUCTURE
dc.subjectSOCIAL SECURITY
dc.subjectSOCIAL SERVICES
dc.subjectSTATE SECTOR
dc.subjectSTATE-OWNED ENTERPRISES
dc.subjectSTRUCTURAL ADJUSTMENT
dc.subjectSUSTAINABLE DEVELOPMENT
dc.subjectTAX CAPACITY
dc.subjectTAX RATES
dc.subjectTAX REVENUES
dc.subjectTECHNICAL ASSISTANCE
dc.subjectTELECOMMUNICATIONS
dc.subjectTRANSPORT
dc.subjectUNEMPLOYMENT
dc.subjectUNEMPLOYMENT RATES
dc.subjectURBAN INFRASTRUCTURE
dc.subjectURBANIZATION GLOBALIZATION
dc.subjectPOLICY ANALYSIS
dc.subjectPOLICY MAKING
dc.subjectPOLICY PLANNING
dc.subjectPER CAPITA INCOME
dc.subjectINEQUITY
dc.subjectREGIONAL DISPARITY
dc.subjectRURAL-URBAN DIFFERENTIALS
dc.subjectRURAL-URBAN RELATIONS
dc.subjectALLOCATION OF RESOURCES
dc.subjectDOMESTIC MARKETS
dc.subjectMARKET INTEGRATION
dc.subjectINCOME INEQUALITIES
dc.subjectMARKET FRAGMENTATION
dc.subjectRURAL-URBAN MIGRATION
dc.subjectURBANIZATION
dc.subjectPROTECTIONISM
dc.subjectBANKING SYSTEMS
dc.subjectCOMMERCIALIZATION
dc.subjectJOB CREATION POLICIES
dc.subjectEMPLOYMENT CREATION
dc.subjectFARM LANDS
dc.subjectHUMAN RESOURCES STRATEGIES
dc.subjectHUMAN CAPITAL INVESTMENTS
dc.subjectTECHNOLOGY DIFFUSION
dc.subjectAGGLOMERATION
dc.subjectPUBLIC SERVICE DELIVERY
dc.subjectSOCIAL SECURITY SYSTEMS
dc.subjectFISCAL MANAGEMENT
dc.subjectCAPITAL MARKETS
dc.titleChina - Promoting Growth with Equity : Country Economic Memorandum

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