Chapter Five: Transforming Unemployment Shock into Labor Market Development
(4,950 words)

I. Introduction

When the negative impact of the East Asian financial crisis appeared in China in the late 1990s, the Chinese economy was experiencing the downturn of the macro economy and rapid industrial structural change. Many State-Owned Enterprises (SOEs), which lost their comparative advantage and competitiveness, were unable to…

Cite this page
Wang, Meiyan and Cai, Fang, “Chapter Five: Transforming Unemployment Shock into Labor Market Development”, in: Chinese Research Perspectives Online, Edited by: International Advisory Board Chinese Research Perspectives Online. Consulted online on 22 August 2017 <http://dx.doi.org/10.1163/2213-6002_crpn_C9789004165762_010>



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