Fiche du document
2009
- handle: 10670/1.ure1ic
Cairn
Sujets proches
Fortunes Household income Personal income Family incomeCiter ce document
Sylviane Guillaumont Jeanneney et al., « Appreciation of the Renminbi and Urban-Rural Income Disparity in China », Revue d'économie du développement, ID : 10670/1.ure1ic
Métriques
Partage / Export
Résumé
Although poverty has been significantly decreasing in China over the last twenty years, this decrease has been highly unequal across the provinces and has brought increased disparity in urban and rural per capita income. We studied the impact of exchange rate policy on urban-rural per capita income, which was marked by strong real depreciation before 1994, followed by moderate appreciation before stabilizing. We concluded that in the inland provinces where poverty is hardest, real appreciation has attenuated disparity, whereas real depreciation had accentuated disparity. This result argues for a revaluation of the renminbi.