Economic insecurity

Experimental visualization of narrower problems
Other Names:
Dependence on economic insecurity
Erosion of economic security

In 1992, the central government in China launched a drive to "smash the three irons" - the iron rice bowl, the iron wage and the iron armchair which symbolize jobs for life, fixed wages and guaranteed positions for industrial bureaucrats. The consequences, in a workforce conditioned by 40 years of traditional socialist ideology and with only primitive state welfare protection were alarming for many. The slogan was quietly withdrawn, but the policy of structural adjustment of employment continues.


Broader Problems:
Problem Type:
C: Cross-sectoral problems
Related UN Sustainable Development Goals:
GOAL 8: Decent Work and Economic Growth
Date of last update
17.04.2019 – 11:47 CEST