Social Sciences
4 years ago

China's Inequality Drops as Policies Boost Peasant Incomes

Elsevier eBooks
Economic Policy and Income Distribution in China
Irma Adelman, David L. Sunding

Paper Summary

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The economic policy in China has helped keep income inequality low compared to other countries. The way wealth is distributed across different sectors plays a big role in this. Even though there was a drop in inequality after land reform, industrialization led to an increase in inequality. Different policies have had a big impact on income inequality in China. Improving conditions for farmers has helped reduce national income inequality since 1978.