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COMPREHENSIVE WEALTH FRAMEWORK (1) answer(s).
 
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ID:   184105


Changes in the Distribution of Migrant Labourers and Implications of Comprehensive Wealth in China’s Urbanisation / Kim, Jinhyoung   Journal Article
Kim, Jinhyoung Journal Article
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Summary/Abstract This study applies the comprehensive wealth framework (CWF) to more fully assess the regional impacts of changes in the distribution of migrant workers in the recent urbanisation of China. The analysis indicates that changes in the distribution of migrant labourers have contributed to sustaining or increasing GDP growth rates and the level of human capital in both central and western regions. However, there is evidence that social and political capital may have declined along with the inflow of the mobile labour force and some lowered local government investments. From the perspective of the CWF, this study concludes that the impacts of distributional changes on regional comprehensive wealth is uncertain, potentially reducing the comprehensive wealth of the region.
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