Accounting undergraduate Honors theses: Impacts of the open door policy and globalization on income inequality inChina between the 20th century and the early 21st century
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In order to further test the hypothesis, this paper will first present a history of globalization in China as well as research on income inequality before the creation of the Open Door Policy. Second, research will be conducted on the impact of globalization in China post Open Door Policy using multinationals as case studies. The research results will provide evidence that the process of globalization led by the economic reform has changed the Chinese economy outlook, and caused income inequality comparing to how it was before the economic reform.
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