Inclusive Growth toward a Harmonious Society in the People’s Republic of China: Policy Implications. Asian Development Review, Vol. 25(1-2), pp. 22-33
Zhuang, Juzhong | August 2008
Abstract
This paper examines the policy implications of adopting a development
strategy anchored on inclusive growth for the People’s Republic of China
(PRC). In response to rising inequality, more and more developing Asian
countries are embracing inclusive growth, with its focus on creating economic
opportunities and ensuring equal access to them, as the goal of development
policy. Inclusive growth provides an effective means to create a harmonious
society in the PRC. The paper argues that an inclusive growth strategy for the
PRC requires continued reforms to keep growth high and sustainable,
carefully designed redistributive policy to promote equal access to
opportunities, and good governance and strong institutions to ensure
economic and social justice and an even playing field.
Citation
Zhuang, Juzhong. 2008. Inclusive Growth toward a Harmonious Society in the People’s Republic of China: Policy Implications. Asian Development Review, Vol. 25(1-2), pp. 22-33. © Asian Development Bank. http://hdl.handle.net/11540/1693. License: CC BY 3.0 IGO.Citable URI
http://hdl.handle.net/11540/1693Metadata
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