Expanding Employment and the Challenge of Unemployment: An Evaluation of China's Employment Policies (1949-2001)

Author: Hu Angang Cheng Yonghong Yang Yunxin
Publisher:
Publish Date: 2002-11-01
Features: Whether in developed or developing countries, any structural transformation is a "creative destruction," which will inevitably cause social unrest, strikes and protests, government changes, and more to varying degrees. No country in the world has undergone such extensive economic restructuring in such a short time, with such a large number of workers laid off, such a high rate of reemployment, and such a high growth rate of social security expenditures. It is referred to as a "peaceful revolution," meaning that economic structural transformation is carried out in a peaceful manner without social unrest or turmoil. China's labor force accounts for one-fourth of the world's population, and alleviating unemployment is a global challenge. Solving this issue has been the primary development priority for every Chinese government. This book provides important research insights and decision-making support for this matter.