Download full text
(external source)
Citation Suggestion
Please use the following Persistent Identifier (PID) to cite this document:
https://nbn-resolving.org/urn:nbn:de:gbv:18-4-476
Exports for your reference manager
China's employment crisis - a stimulus for policy change?
Chinas Beschäftigungskrise - Antrieb für einen Politikwechsel?
[journal article]
Abstract In the face of severe job problems, China's government has adopted a huge stimulus package in a bid to achieve eight per cent economic growth, which is said to guarantee at least enough jobs for the new entrants to the labour market. The real situation, however, will be much grimmer than statistics ... view more
In the face of severe job problems, China's government has adopted a huge stimulus package in a bid to achieve eight per cent economic growth, which is said to guarantee at least enough jobs for the new entrants to the labour market. The real situation, however, will be much grimmer than statistics indicate. Unregistered groups like unemployed rural migrants, job-searching college graduates, laid-off workers and others together with the officially registered unemployed and the new market entrants could add up to 42 million altogether, while even the most optimistic estimates say only around 15 million new jobs could be created in 2009. Nevertheless, the stimulus package demonstrates an at least temporary shift in economic policy from capital-intensive to labour-intensive growth. Additionally, the new initiatives to boost social-security spending could help to address the grievances of the most vulnerable groups in the labour market. The Chinese government’s reaction to the emerging employment crisis once again demonstrates the often underestimated adaptability of China’s leadership.... view less
Angesichts der ernsthaften Beschäftigungskrise hat Chinas Regierung ein großes Konjunkturpaket verabschiedet, das helfen soll, acht Prozent Wirtschaftswachstum zu erlangen. Es wird angenommen, dass dieses Wachstum wenigstens genügend Arbeitsplätze für die neu auf den Arbeitsmarkt drängenden Personen... view more
Angesichts der ernsthaften Beschäftigungskrise hat Chinas Regierung ein großes Konjunkturpaket verabschiedet, das helfen soll, acht Prozent Wirtschaftswachstum zu erlangen. Es wird angenommen, dass dieses Wachstum wenigstens genügend Arbeitsplätze für die neu auf den Arbeitsmarkt drängenden Personen garantiert. Die tatsächliche Situation jedoch wird viel ernster sein, als es die Statistiken voraussagen.... view less
Keywords
labor migration; qualification; employment situation; rural area; crisis; business cycle policy; unemployment; labor market; social security; income; financial market; economic policy; enterprise; social decline; China; present
Classification
Sociology of Developing Countries, Developmental Sociology
Labor Market Policy
Economic Policy
Method
descriptive study
Free Keywords
Social security policy; Social security; Finance; Unemployment; Migrant workers; Sozialversicherungspolitik; Soziale Sicherheit; Finanzen; Wanderarbeiter/ Saisonarbeiter; Present
Document language
English
Publication Year
2009
Page/Pages
p. 121-144
Journal
Journal of Current Chinese Affairs, 38 (2009) 2
ISSN
1868-4874
Status
Published Version; peer reviewed
Licence
Creative Commons - Attribution-Noncommercial-No Derivative Works