Primitive accumulation, transition and unemployment in China

Abstract

Unemployment in China offers a new and invaluable insight into the Chinese economy, keenly analyzing the new directions the world’s next superpower is now taking. Successfully bringing together a wide range of research and evidence from leading scholars in the field, this book shows how unemployment is one of the key issues facing the Chinese economy. China’s market-oriented economic reform and industrial restructuring, while greatly improving efficiency, have also sharply reduced overstaffing, leading to a large increase in unemployment. At the same time, further restructuring is predicted as the full impact of the accession to the WTO is felt throughout China. A further problem is that new..