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SUMMARY:FCCC In-person Talk: Why Common Prosperity is Needed More than Ever: How the Rural- Urban Divide Threatens China’s Rise by Scott Rozelle
DESCRIPTION:China has grown at a remarkable rate for the past four decades. The long-run plan for the nation is to continue steady growth over the next 15 years and achieve a level of high income. \nChina’s leaders know\, however\, that they face a challenge in keeping growth moving. It is no secret that China’s inequality is one of the highest in the world. China’s leaders are clearly well informed of this challenge\, and\, in no small part in response to this challenge\, have launched a major new policy effort called Common Prosperity. \nWe believe that to develop an environment in China in which all residents will be able to enjoy the prosperity that the nation is moving towards\, the it is essential to include a major effort in the area of Early Childhood Development (ECD) … with the most a focus on the rural population. \nThis presentation’s main goal is to illustrate that Common Prosperity should begin by solving China’s biggest problem of it little people (young rural children). To do so\, we will have five specific objectives. First\, we will summarize the literature that shows that having a well-educated labor force is essential for helping a nation’s economy move from middle to high income. Second\, we will show that there is high inequality in the levels of education in China. The paper will illustrate how poor ECD outcomes are a very important reason underlying the poor levels of education in China’s rural schools. Third\, we will demonstrate that there is a serious problem of poor ECD outcomes across broad swaths of rural society. Fourth\, we will document that one of the major sources of this problem is the absence of psycho-stimulating inputs by caregivers to their young children. Finally\, we will document that there are clear solutions to these problems and conclude that the government needs to take rapid action to launch parental training programs across rural China in the very near future. \nTo meet these objectives\, we will draw on the findings of literature as well as data sets that have been collected by myself and my colleagues. These sources of information will provide high quality empirical evidence that will show that Common Prosperity should focus serious attention on rural families and provide them with the training and support so all rural children can grow up in an environment in which they can thrive. \nWe also have NEW SURVEY results reporting on the optimism/pessimism of both the rich and the poor in China … comparing three surveys in 2023 to surveys from 2004/2009/2014. \nAbout our speaker: Scott Rozelle holds the Helen Farnsworth Endowed Professorship at Stanford University and is Senior Fellow in the Freeman Spogli Institute (FSI) for International Studies and is Co-Director of the Stanford Center on China’s Economy and Institutions (SCCEI). Professor Rozelle\, a development economist with a Ph.d. from Cornell University\, has worked on the economics of rural China for nearly 40 years. Currently\, his work focuses on human capital and China’s future growth and development\, including issues of rural health\, nutrition and education\, including early childhood development.
URL:https://fccchina.org/event/fccc-in-person-talk-why-common-prosperity-is-needed-more-than-ever-how-the-rural-urban-divide-threatens-chinas-rise-by-scott-rozelle/
LOCATION:Embassy near Sanlitun\, Beijing\, China
CATEGORIES:Events,In-person Talk
ORGANIZER;CN="FCCC":MAILTO:fcccadmin@gmail.com
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