Invisible China: How the Urban-Rural Divide Threatens China’s Rise
By Scott Rozelle and Natalie Hell
4.5/5
()
Currently unavailable
Currently unavailable
About this ebook
As the glittering skyline in Shanghai seemingly attests, China has quickly transformed itself from a place of stark poverty into a modern, urban, technologically savvy economic powerhouse. But as Scott Rozelle and Natalie Hell show in Invisible China, the truth is much more complicated and might be a serious cause for concern.
China’s growth has relied heavily on unskilled labor. Most of the workers who have fueled the country’s rise come from rural villages and have never been to high school. While this national growth strategy has been effective for three decades, the unskilled wage rate is finally rising, inducing companies inside China to automate at an unprecedented rate and triggering an exodus of companies seeking cheaper labor in other countries. Ten years ago, almost every product for sale in an American Walmart was made in China. Today, that is no longer the case. With the changing demand for labor, China seems to have no good back-up plan. For all of its investment in physical infrastructure, for decades China failed to invest enough in its people. Recent progress may come too late. Drawing on extensive surveys on the ground in China, Rozelle and Hell reveal that while China may be the second-largest economy in the world, its labor force has one of the lowest levels of education of any comparable country. Over half of China’s population—as well as a vast majority of its children—are from rural areas. Their low levels of basic education may leave many unable to find work in the formal workplace as China’s economy changes and manufacturing jobs move elsewhere.
In Invisible China, Rozelle and Hell speak not only to an urgent humanitarian concern but also a potential economic crisis that could upend economies and foreign relations around the globe. If too many are left structurally unemployable, the implications both inside and outside of China could be serious. Understanding the situation in China today is essential if we are to avoid a potential crisis of international proportions. This book is an urgent and timely call to action that should be read by economists, policymakers, the business community, and general readers alike.
Related to Invisible China
Related ebooks
The China Questions: Critical Insights into a Rising Power Rating: 0 out of 5 stars0 ratingsInvisible China: How the Urban-Rural Divide Threatens China’s Rise Rating: 5 out of 5 stars5/5The End of Cheap China, Revised and Updated: Economic and Cultural Trends That Will Disrupt the World Rating: 0 out of 5 stars0 ratingsBillions: Selling to the New Chinese Consumer Rating: 3 out of 5 stars3/5The End of Cheap China: Economic and Cultural Trends that Will Disrupt the World Rating: 0 out of 5 stars0 ratingsAge of Ambition: Chasing Fortune, Truth, and Faith in the New China Rating: 4 out of 5 stars4/5The Last Days of Old Beijing: Life in the Vanishing Backstreets of a City Transformed Rating: 4 out of 5 stars4/5The Myth of Chinese Capitalism: The Worker, the Factory, and the Future of the World Rating: 4 out of 5 stars4/5How China Escaped the Poverty Trap Rating: 5 out of 5 stars5/5Making China Modern: From the Great Qing to Xi Jinping Rating: 4 out of 5 stars4/5We Have Been Harmonized: Life in China's Surveillance State Rating: 4 out of 5 stars4/5Hidden Hand: Exposing How the Chinese Communist Party is Reshaping the World Rating: 4 out of 5 stars4/5Young China: How the Restless Generation Will Change Their Country and the World Rating: 4 out of 5 stars4/5Out of Mao's Shadow: The Struggle for the Soul of a New China Rating: 4 out of 5 stars4/5The Emperor Far Away: Travels at the Edge of China Rating: 0 out of 5 stars0 ratingsPrisoner of the State: The Secret Journal of Premier Zhao Ziyang Rating: 3 out of 5 stars3/5Bullets and Opium: Real-Life Stories of China After the Tiananmen Square Massacre Rating: 5 out of 5 stars5/5Red Capitalism: The Fragile Financial Foundation of China's Extraordinary Rise Rating: 4 out of 5 stars4/5China's New Youth: How the Young Generation Is Shaping China's Future Rating: 0 out of 5 stars0 ratingsYou Will Be Assimilated: China’s Plan to Sino-form the World Rating: 5 out of 5 stars5/5China Unbound: A New World Disorder Rating: 4 out of 5 stars4/5The Party Forever: Inside China's Modern Communist Elite Rating: 2 out of 5 stars2/5Red Roulette: An Insider's Story of Wealth, Power, Corruption, and Vengeance in Today's China Rating: 4 out of 5 stars4/5Wish Lanterns: Young Lives in New China Rating: 4 out of 5 stars4/5China Coup: The Great Leap to Freedom Rating: 0 out of 5 stars0 ratingsFormosa Betrayed Rating: 0 out of 5 stars0 ratingsThe China Model: Political Meritocracy and the Limits of Democracy Rating: 4 out of 5 stars4/5The Commanding Heights: The Battle for the World Economy Rating: 4 out of 5 stars4/5The Future Is Asian Rating: 3 out of 5 stars3/5Haunted by Chaos: China’s Grand Strategy from Mao Zedong to Xi Jinping Rating: 4 out of 5 stars4/5
Business For You
Crucial Conversations Tools for Talking When Stakes Are High, Second Edition Rating: 4 out of 5 stars4/5Becoming Bulletproof: Protect Yourself, Read People, Influence Situations, and Live Fearlessly Rating: 4 out of 5 stars4/5Law of Connection: Lesson 10 from The 21 Irrefutable Laws of Leadership Rating: 4 out of 5 stars4/5High Conflict: Why We Get Trapped and How We Get Out Rating: 4 out of 5 stars4/5Leadership and Self-Deception: Getting out of the Box Rating: 4 out of 5 stars4/5The Richest Man in Babylon: The most inspiring book on wealth ever written Rating: 5 out of 5 stars5/5Collaborating with the Enemy: How to Work with People You Don’t Agree with or Like or Trust Rating: 4 out of 5 stars4/5Nickel and Dimed: On (Not) Getting By in America Rating: 4 out of 5 stars4/5Red Notice: A True Story of High Finance, Murder, and One Man's Fight for Justice Rating: 4 out of 5 stars4/5Crucial Conversations: Tools for Talking When Stakes are High, Third Edition Rating: 4 out of 5 stars4/5Summary of J.L. Collins's The Simple Path to Wealth Rating: 5 out of 5 stars5/5Just Listen: Discover the Secret to Getting Through to Absolutely Anyone Rating: 4 out of 5 stars4/5Set for Life: An All-Out Approach to Early Financial Freedom Rating: 4 out of 5 stars4/5Capitalism and Freedom Rating: 4 out of 5 stars4/5The Catalyst: How to Change Anyone's Mind Rating: 4 out of 5 stars4/5Robert's Rules of Order: The Original Manual for Assembly Rules, Business Etiquette, and Conduct Rating: 4 out of 5 stars4/5Your Next Five Moves: Master the Art of Business Strategy Rating: 5 out of 5 stars5/5Lying Rating: 4 out of 5 stars4/5Tools Of Titans: The Tactics, Routines, and Habits of Billionaires, Icons, and World-Class Performers Rating: 4 out of 5 stars4/5The Five Dysfunctions of a Team: A Leadership Fable, 20th Anniversary Edition Rating: 4 out of 5 stars4/5The Intelligent Investor, Rev. Ed: The Definitive Book on Value Investing Rating: 4 out of 5 stars4/5Robert's Rules Of Order Rating: 5 out of 5 stars5/5Summary of Eve Rodsky's Fair Play Rating: 2 out of 5 stars2/5The Book of Beautiful Questions: The Powerful Questions That Will Help You Decide, Create, Connect, and Lead Rating: 4 out of 5 stars4/5
Reviews for Invisible China
3 ratings0 reviews