Saturday, February 6, 2010
Chinese Income Distribution in Four Decades
From Frog in a Well, one can see an interesting diagram showing how China developed from a homogeneous society to one that possesses a significantly divergent income distribution:
In late 1980s, the emerging divergence was an important factor in social discontent that contributed to the eruption of the 1989 student movement. That trend did not stop at the time but is becoming even more evident today.