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Preventive Countermeasures for " Immiserizing Growth in Expanding Economies" in China's Rural Areas in the New Era AgEcon
Pang, Yong-hong; Wang, Fang-fang; Liu, You-bin.
On the basis of defining the concept of ' immiserizing growth in expanding economies , through analysing the status quo of economy in China's rural areas in the new era, this paper aims to find out the factors responsible for economic weakness of China's rural residents. It analyses the impact of market consuming economy on growth economy, and points out the phenomenon of ' immiserizing growth in expanding economies" which may be triggered by China's rapid rural economic growth as follows: first, the income disparity between urban and rural residents increases ceaselessly, the commodity prices continuously soar, and the rural residents' market consuming capacity is short; second, the wealth concentrates highly and the majority of farmers' income is low....
Tipo: Article Palavras-chave: Lmmiserizing Growth in Expanding Economies; Social security; Poverty; China; Agribusiness.
Ano: 2011 URL: http://purl.umn.edu/121733
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