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Who do you believe to be the three major artists and designers who are shaping the discipline you are interested in pursuing or who have influenced you These should be individuals who have brought relevance to the world or to you in some social, politi - Admission/Application Essay Example

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China has been experiencing the trend of rural to urban migration as a primary element of the development process ever since the economic reforms of 1978 (eldis, 2003). Before these economic reforms, mobility was restricted by the household registration system which in turn…
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Who do you believe to be the three major artists and designers who are shaping the discipline you are interested in pursuing or who have influenced you These should be individuals who have brought relevance to the world or to you in some social, politi
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Who do you believe to be the three major artists and designers who are shaping the discipline you are interested in pursuing or who have influenced you These should be individuals who have brought relevance to the world or to you in some social, politi

Download file to see previous pages... Wage flexibility majorly took place in the 1990s when the labor market saw a transition from a centrally-planned mechanism to a mechanism that was more market-oriented (Peng and Kang, 2013). After retrenchment of the public sector, labor market became rigid in the 2000s.
Gordon and Li’s (1999) theoretical model asserts that the government of China would reduce wage inflexibility in the state sector in response to the growing inter-sector migration of labor. This argument was also empirically supported by Dong and Bowles (2002) who found a convergence in the rate of return to education in four categories of ownership namely township and village enterprises, foreign-invested firms, joint ventures, and state-owned enterprises. This is understandable because the price of a factor is equalized by its mobility between different sectors. Mass layoff of SOE employees, influx of migrants, and increased competition from the foreign and joint ventures as well as private sector are factors likely to increase flexibility of wage determination and labor market in ...Download file to see next pagesRead More
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