Economy and Market in China: The State, Wage Labour and the Construction of the ‘China Price’
Celal Bayari
MPRA Paper from University Library of Munich, Germany
Abstract:
China’s entry into the world trade, investment and production system and the economic growth of the last four decades have culminated in a rigid labour market duality that is based on the division of the urban-rural residential registry system, hukou. A migrant labour population has been created, the burdens of which have become augmented despite the long period of growth. Migrant labour is the producer of the “China price” which is the significantly low cost of production that the country provides to investors. This paper analyses the context of migrant labour and its origins. The discussion extends into the state policies on labour institutions (minimum wage system, All-China Federation of Trade Unions [ACFTU] and the welfare measures) and further analyses the conditions of the female and youth labour markets.
Keywords: Chinese economy; the state; market; growth; trade; economic geography; labour (search for similar items in EconPapers)
JEL-codes: I18 I28 I3 I38 J15 J16 J18 J2 J21 J23 J3 J31 J4 J41 J42 J7 J78 L5 L6 L60 R0 (search for similar items in EconPapers)
Date: 2018-02-05, Revised 2018-03-04
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Citations:
Published in Academy of Taiwan Business Management Review 1.14(2018): pp. 13-29
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:100900
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