Socialist Welfare in a Market Economy: Social Security Reforms in Guangzhou, China

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Yongxin Zhou Nelson Chow

Socialist Welfare in a Market Economy

Social Security Reforms in Guangzhou, China

Yongxin Zhou, Nelson Chow, Yeubin Xu

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English

Routledge
11 November 2019

Social welfare & social services

Series: Routledge Revivals

This title was first published in 2001. Using the city of Guangzhou as a case study, this text looks at how China has adopted a market economy, whilst still maintaining state-owned enterprises and an all-embracing social security system which protects the majority of Chinese workers. This volume examines three questions: can socialist social welfare co-exist with the market economy?; can state-owned enterprises survive in a market economy?; and has China succeeded in creating a market economy without sacrificing its socialist ideals? The study demonstrates that compromises have been necessary to accomodate both socialist and market objectives. continuing to support workers with social security benefits has, for example, made enterprises less competitive, and disparities in benefits arise as workers are allowed to supplement the minimum guaranteed income through savings in individual accounts.

By: Yongxin Zhou, Nelson Chow, Yeubin Xu
Imprint: Routledge
Country of Publication: United Kingdom
Dimensions: Height: 219mm, Width: 152mm,
Weight: 453g
ISBN: 9781138716971
ISBN 10: 1138716979
Series: Routledge Revivals
Pages: 158
Publication Date: 11 November 2019
Audience: College/higher education , Primary
Format: Paperback
Publisher's Status: Active

Yongxin Zhou, Nelson Chow, Yeubin Xu