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Constitutional Political Economy, Morality (Ethics), Political Morality

Author

Listed:
  • Selma Sevinç ORHAN
  • Ahmet Can BAKKALCI

Abstract

China’s exports increased by five times over the last two decades and China has become world’s third biggest exporter and importer after Germany. Chinese labor markets has been changing, growing and getting richer after The Policy of Open Doors. First of all labor wage has been increasing especially in the Pacific coast of China. This region is one of the most attractive direct foreign investment areas in the world and this structure makes China more important in the global economic system. In the era of US financial crisis China can be seeing as an economic stabilizator against the global recession. Chinese economy produces more and grows rapidly. But Chinese market and labor force shows dual structure. Dual structure of the Chinese economy makes income distribution unfair. One side of the labor market is rich and the other side is poor. Comparative poverty of two sides has been growing and some global impact on World’s economy.

Suggested Citation

  • Selma Sevinç ORHAN & Ahmet Can BAKKALCI, 2009. "Constitutional Political Economy, Morality (Ethics), Political Morality," Sosyoekonomi Journal, Sosyoekonomi Society, issue 2009-2.
  • Handle: RePEc:sos:sosjrn:090203
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    More about this item

    Keywords

    Global Economy; Employment; Labor Market; Demographic Windows of Opportunity; China.;
    All these keywords.

    JEL classification:

    • F14 - International Economics - - Trade - - - Empirical Studies of Trade
    • F16 - International Economics - - Trade - - - Trade and Labor Market Interactions
    • F21 - International Economics - - International Factor Movements and International Business - - - International Investment; Long-Term Capital Movements
    • F43 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Economic Growth of Open Economies

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