Date of Graduation
5-2014
Document Type
Thesis
Degree Name
Bachelor of Science in Business Administration
Degree Level
Undergraduate
Department
Accounting
Advisor/Mentor
Britton, Charles R
Committee Member/Reader
Deck, Kathy
Abstract
Before economic reform, the Chinese economy experienced a long period of recession. The creation of Open Door Policy re-introduced globalization to China, modernized the country’s economy, and boosted citizens’ standards of living, especially for people who live in the Special Economic Zone and Tier 1 cities. As globalization re-emerged, extreme income inequality became one of the hottest topics. Prior research leads to the hypothesis that re-introduction of globalization led by the Open Door Policy increased income inequality in China. While international inequality focuses on the unequal distribution on a global scale, domestic income inequality is defined as the how material resources are distributed across society, households, and individuals. This paper will focus on income distribution and income inequality in China across individuals and households, and the correlation between income inequality and economic growth.
Keywords
China, income inequality, globalization, income distribution
Citation
Jin, Q. (2014). Impacts of the Open Door Policy and globalization on income inequality in China between the 20th century and the early 21st century. Accounting Undergraduate Honors Theses Retrieved from https://scholarworks.uark.edu/acctuht/8