This book describes and explains the remarkably large rural-urban divide in economic well-being that exists in China, tracing the root causes, present effects, and future implications for the increasingly marketized Chinese economy. It uses the rigorous analysis and empirical methodology of modern economics.
Part I. Introduction 1. Setting the Stage Part II. Rural-Urban Comparisons of Income 2. The Rural-Urban Income Divide: Macroeconomics 3. The Rural-Urban Income Divide: Microeconomics Part III. Rural-Urban Comparisons of Welfare 4. Eduaction 5. Health 6. Housing Part IV. The Movement of Factors 7. Rural-Urban Transfer of Capital 8. Rural-Urban Migration of Labour: Macroeconomics 9. Rural-Urban Migration of Labour: Microeconomics Part V. Conclusions 10. Precis, Policy, and Perspective