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041 _afre
042 _adc
100 1 0 _aGuillaumont Jeanneney, Sylviane
_eauthor
700 1 0 _a Hua, Ping
_eauthor
245 0 0 _aAppreciation of the Renminbi and Urban-Rural Income Disparity in China
260 _c2009.
500 _a47
520 _aAlthough 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.
690 _aChina
690 _areal exchange rate
690 _aincome inequality
690 _aurban-rural inequality
786 0 _nRevue d'économie du développement | 16 | 5 | 2009-02-12 | p. 67-92 | 1245-4060
856 4 1 _uhttps://shs.cairn.info/revue-d-economie-du-developpement-2008-5-page-67?lang=en&redirect-ssocas=7080
999 _c597634
_d597634