Growth Pattern, Employment, and Income Inequality: What the Experience of Republic of Korea and Taipei, China Reveals to the People’s Republic of China

The People’s Republic of China (PRC) achieved rapid economic growth during the last 30 years, but its income distribution has worsened. In contrast, Republic of Korea and Taipei, China experienced high growth for several decades after the 1950s, while managing to keep income inequality low. This pap...

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Bibliographic Details
Main Authors: Shi Li, Chuliang Luo
Format: Article
Language:English
Published: World Scientific Publishing 2008-12-01
Series:Asian Development Review
Online Access:https://www.worldscientific.com/doi/10.1142/S011611050850008X