What is it about?
The amount of unemployed in China may result in a much lower mean living standard than we are used to
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Why is it important?
The article examines the possible impact the unemployed in China might make globally, and what impact it is already making in South East Asia
Perspectives
Regardless of whether China's underemployed reach the industrial/service sectors, the capital to labour ratio is already adverse to the point that the austerity the likes of Europe is witnessing signifies a lower standard of living in terms of the global mean
Ed Whitfield
Read the Original
This page is a summary of: China and the Great Doubling: Racing to the Top or Bottom of Global Labour Standards?, Global Policy, July 2015, Wiley,
DOI: 10.1111/1758-5899.12252.
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