Inequalities and capital accumulation in China

Detalhes bibliográficos
Autor(a) principal: Nogueira,Isabela
Data de Publicação: 2019
Outros Autores: Guimarães,João Victor, Braga,João Pedro
Tipo de documento: Artigo
Idioma: eng
Título da fonte: Revista de Economia Política
Texto Completo: http://old.scielo.br/scielo.php?script=sci_arttext&pid=S0101-31572019000300449
Resumo: ABSTRACT This article contributes to the debate on income and wealth distribution in China by analyzing the main characteristics of the Chinese accumulation pattern that determine its distributive dynamics in a comparative perspective. After a period of rapid growth of inequalities, coupled with improved living conditions for all distribution deciles, inequalities have stabilized in China since the mid-2000s. Globally, China is today in a distributive pattern worse than Western Europe or Japan, but it is more egalitarian than the United States and far from the world inequality frontier defined by Brazil, India, South Africa and the Middle East. In this article, we scrutinize three characteristics of the regime of accumulation in China that mitigate the capital-concentrating tendency: 1. the financialization process with Chinese characteristics, 2. the strategic share of State ownership in the economy, 3. its trajectory over the agrarian question.
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spelling Inequalities and capital accumulation in ChinaInequalitiesChinacapital accumulationfinancializationstate ownershipagrarian questionABSTRACT This article contributes to the debate on income and wealth distribution in China by analyzing the main characteristics of the Chinese accumulation pattern that determine its distributive dynamics in a comparative perspective. After a period of rapid growth of inequalities, coupled with improved living conditions for all distribution deciles, inequalities have stabilized in China since the mid-2000s. Globally, China is today in a distributive pattern worse than Western Europe or Japan, but it is more egalitarian than the United States and far from the world inequality frontier defined by Brazil, India, South Africa and the Middle East. In this article, we scrutinize three characteristics of the regime of accumulation in China that mitigate the capital-concentrating tendency: 1. the financialization process with Chinese characteristics, 2. the strategic share of State ownership in the economy, 3. its trajectory over the agrarian question.Centro de Economia Política2019-09-01info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersiontext/htmlhttp://old.scielo.br/scielo.php?script=sci_arttext&pid=S0101-31572019000300449Brazilian Journal of Political Economy v.39 n.3 2019reponame:Revista de Economia Políticainstname:EDITORA 34instacron:EDITORA_3410.1590/0101-35172019-2929info:eu-repo/semantics/openAccessNogueira,IsabelaGuimarães,João VictorBraga,João Pedroeng2019-08-29T00:00:00Zoai:scielo:S0101-31572019000300449Revistahttps://centrodeeconomiapolitica.org.br/repojs/index.php/journalONGhttps://centrodeeconomiapolitica.org.br/repojs/index.php/journal/oai||cecilia.heise@bjpe.org.br1809-45380101-3157opendoar:2019-08-29T00:00Revista de Economia Política - EDITORA 34false
dc.title.none.fl_str_mv Inequalities and capital accumulation in China
title Inequalities and capital accumulation in China
spellingShingle Inequalities and capital accumulation in China
Nogueira,Isabela
Inequalities
China
capital accumulation
financialization
state ownership
agrarian question
title_short Inequalities and capital accumulation in China
title_full Inequalities and capital accumulation in China
title_fullStr Inequalities and capital accumulation in China
title_full_unstemmed Inequalities and capital accumulation in China
title_sort Inequalities and capital accumulation in China
author Nogueira,Isabela
author_facet Nogueira,Isabela
Guimarães,João Victor
Braga,João Pedro
author_role author
author2 Guimarães,João Victor
Braga,João Pedro
author2_role author
author
dc.contributor.author.fl_str_mv Nogueira,Isabela
Guimarães,João Victor
Braga,João Pedro
dc.subject.por.fl_str_mv Inequalities
China
capital accumulation
financialization
state ownership
agrarian question
topic Inequalities
China
capital accumulation
financialization
state ownership
agrarian question
description ABSTRACT This article contributes to the debate on income and wealth distribution in China by analyzing the main characteristics of the Chinese accumulation pattern that determine its distributive dynamics in a comparative perspective. After a period of rapid growth of inequalities, coupled with improved living conditions for all distribution deciles, inequalities have stabilized in China since the mid-2000s. Globally, China is today in a distributive pattern worse than Western Europe or Japan, but it is more egalitarian than the United States and far from the world inequality frontier defined by Brazil, India, South Africa and the Middle East. In this article, we scrutinize three characteristics of the regime of accumulation in China that mitigate the capital-concentrating tendency: 1. the financialization process with Chinese characteristics, 2. the strategic share of State ownership in the economy, 3. its trajectory over the agrarian question.
publishDate 2019
dc.date.none.fl_str_mv 2019-09-01
dc.type.driver.fl_str_mv info:eu-repo/semantics/article
dc.type.status.fl_str_mv info:eu-repo/semantics/publishedVersion
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status_str publishedVersion
dc.identifier.uri.fl_str_mv http://old.scielo.br/scielo.php?script=sci_arttext&pid=S0101-31572019000300449
url http://old.scielo.br/scielo.php?script=sci_arttext&pid=S0101-31572019000300449
dc.language.iso.fl_str_mv eng
language eng
dc.relation.none.fl_str_mv 10.1590/0101-35172019-2929
dc.rights.driver.fl_str_mv info:eu-repo/semantics/openAccess
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv text/html
dc.publisher.none.fl_str_mv Centro de Economia Política
publisher.none.fl_str_mv Centro de Economia Política
dc.source.none.fl_str_mv Brazilian Journal of Political Economy v.39 n.3 2019
reponame:Revista de Economia Política
instname:EDITORA 34
instacron:EDITORA_34
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institution EDITORA_34
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collection Revista de Economia Política
repository.name.fl_str_mv Revista de Economia Política - EDITORA 34
repository.mail.fl_str_mv ||cecilia.heise@bjpe.org.br
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