The project examines distributional impacts across several indicators:
- regional rural-urban inequality
- GDP per capita growth
- the rate of urbanization. macropolo.org/analysis/china…
This does not mean costs were not incurred, but does seem to imply that China adjusted rapidly so the costs are relatively dispersed. macropolo.org/analysis/china…
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![](https://pbs.twimg.com/media/Eg1jdRXWoAIuOBG.jpg)
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We hypothesize 2 factors: China’s labor market flexibility & the Chinese government's mitigation of impacts, such as subsidies & massive infrastructure projects.
Read the research: macropolo.org/analysis/china…