Picture of a sphere with binary code

Making Strathclyde research discoverable to the world...

The Strathprints institutional repository is a digital archive of University of Strathclyde research outputs. It exposes Strathclyde's world leading Open Access research to many of the world's leading resource discovery tools, and from there onto the screens of researchers around the world.

Explore Strathclyde Open Access research content

China: the role of rural-urban migration in economic development under capitalism

Sandilands, R.J. (2008) China: the role of rural-urban migration in economic development under capitalism. In: The Future of Capitalism after the Collapse of Communism. CRCE new series (24). Centre for Research into Post-Communist Economies, pp. 45-60. ISBN 094802755X

[img]
Preview
PDF (strathprints007239.pdf)
strathprints007239.pdf

Download (389kB) | Preview

Abstract

Examining the problems for post-communist countries in the context of the European Union. This paper focuses on China and the role of rural-urban migration in economic development under capitalism. The economic relationships between the urban and rural areas of a less developed economy encompass the terms of trade between rural and urban products, the intersectoral transfer of labour, the relative wages of labour in the two sectors, the intersectoral transfer of saving, the relative sectoral returns to investment, the relative sectoral contributions to tax revenue and benefits from public expenditure, and the extent to which government policies favour one sector over the other. There are at least three theoretical frameworks for the analysis of these relationships: the Lewis model of eco­nomic growth with surplus rural labour, the 'coercive', or 'price-scissors', model of economic growth financed by extracting a rural surplus, and the notion that economic policy is subject to 'urban bias'.