Considers the politics of central decision-making by focusing on senior policy makers and implementing bureaucracies on the one hand, and actors in economic and non-economic arenas on the other. The contributors held significant party and government positions in China up to 1989.
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This work proposes a new approach to welfare: a social policy that goes beyond simple income maintenance to foster individual initiative and self-sufficiency. It argues for an asset-based policy that would create a system of saving incentives through individual development accounts (IDAs) for specific purposes, such as college education, homeownership, self-employment and retirement security. In this way, low-income Americans could gain the same opportunities that middle- and upper-income citizens have to plan ahead, set aside savings and invest in a more secure future.
Carol Lee Hamrin is adjunct professor at the Nitze School of Advanced International Studies (SAIS), the Johns Hopkins University, and a Chinese affairs specialist at the U.S. Department of State. Suisheng Zhao is assistant professor of government at Colby College in Maine and founder and editor of the Journal of Contemporary China. Su Shaozhi is former director of the Marxism-Leninism-Mao Zedong Thought Institute at the Chinese Academy of Social Sciences.