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The Middle Income Group in China and Russia (Paperback, 1st ed. 2021)
Loot Price: R4,783
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The Middle Income Group in China and Russia (Paperback, 1st ed. 2021)
Series: Research Series on the Chinese Dream and China's Development Path
Expected to ship within 10 - 15 working days
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This book includes a series of papers that mainly discuss the
proposition of "double middle-income traps." It analyzes various
perspectives of middle-income groups of Russia and China including
employment, education, consumption, mobility, social insurance,
social values and identity, social and political participation.
This book further indicates that the expansion of middle-income
groups plays an important role in promoting mass consumption,
maintaining continuous and stable economic growth, and overcoming
the double middle-income traps. The middle class and middle-income
group generally owns higher economic capital and cultural capital
and is proved to be the main strength in expanding consumption by
many empirical studies. However, the middle class and middle-income
group has currently encountered hindrance to upward mobility, life
quality, social security and class identity, which prevent the
expansion of the middle-income group and improvement of social
structure. Through comparing the middle-income groups of these two
countries, this book gives us a panoramic view of their social and
economic condition. Successfully combining theory and concrete
practical guidelines, the book offers a valuable resource for all
those active in this dynamic field. The book is important for
students, scholars, researchers and professionals in economic and
social science fields.
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