China's Human Capital Inequality: Evidence from College Entrance Exams and Admissions
Despite the recent robust growth, there is concern that as China moves up the income ladder that its high level of inequality may be a breeding ground for future instability. We are interested in what the implications of the human capital gaps on the economy and political stability (wending) of one to two decades from now, if any. Are there lessons from the rest of the world—yesterday, today and tomorrow—that can help formulate policy solutions to potential barriers to rapid and sustained growth?