China's income disparity has been widening during the reform period, as the Gini coefficient of China rose from a low level of 0.33 in 1980 to 0.46 in 2000. Will this trend of widening income gap continue? This article makes the following arguments: First, China's income disparity is alarmingly...

It is commonly believed that China began the socialist era as a very under-urbanized country relative to its level of development and that it has been eliminating this urbanization gap during the post-1978 period as a result of its economic reforms. Our reexamination of the relationship between...