EP14 - Labour in the China Development Model ft. Ying Chen
Description
Pakistan's Prime Minister Imran Khan has repeatedly referred to China as the model for Pakistan to follow in pursuing economic growth and development, echoing development policy discussions about a "China model." From 1949 to 1978 China was "closed" for the most part to the world market under its socialist, planned economy model. But from 1978 on it adopted market-oriented reforms and opened up to the world, inviting foreign capital and becoming the global manufacturing hub. While the resulting economic growth raised incomes, it also sharply increased income inequality and took away many of the benefits that workers and farmers had under the planned economy. Is China's economic growth benefiting the majority of its population? How are workers faring? And does China offer a model that developing countries should or can follow?
I'm joined by Dr. Ying Chen, author of several analyses of China's labour markets and struggles, to discuss these questions.
Music by Zobu.
United States
