social inequality in china as a result of the rapid economic growth

Since the period of openness in China, laid the foundation for more than 30 years ago, he has made remarkable progress in increasing incomes and reducing absolute poverty. However, they are caused by rising inequality. It should be noted that the rise in inequality was seen almost everywhere in the world over the past two decades. Growing dissatisfaction with the quality of economic growth is often seen in favor of certain groups more than the general population. This is clearly reflected in the growth of inequality between different groups - the rich are getting richer faster than the poor. The economic literature attributes this mainly to globalization, technological change, skills-based, and reduce the "power" of the workers. Growth model, which accompanies the last three decades to China, included a trade-off between high growth (and subsequent reduction of absolute poverty) and worsening inequality. The government of China has recognized this problem and taken active steps to reduce the gap incomes and standards of living in the city and rural areas, which have already brought the first results.

DOI: http://dx.doi.org/10.12731/2218-7405-2013-10-16