Local Protectionism and its Influence on the Post-WTO Market in China

Local Protectionism and its Influence on the Post-WTO Market in China PDF Author: Yining Ding
Publisher: ibidem-Verlag / ibidem Press
ISBN: 3838258053
Category : Business & Economics
Languages : en
Pages : 258

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Book Description
Based on an investigation of the WTO process and local protectionisms, Yining Ding's new book presents interesting research results in the following fields:- The interests of China and other countries in the WTO; - the historic and cultural background and economic incentive of regional protectionisms, the different influences of regional politicians on the reform and opening policy;- the administrative market monopoly during the transition economy and the route dependent behaviour of the reform and the local officials;- the "game" between central and local government;- the important role of Guanxi and its influence on the protective behaviour in relation to justice, abuse of administrative power, forged goods and the grabbing economy, foreign trade, and FDI; - Guanxi, rent-seeking and the structure of regional seigneur power;- the establishment of a model of different degrees of local protectionisms of sub-national governments.Yining Ding presents an empirical analysis and theoretical contributions to research on local protectionism and its influence on the post-WTO market in China and provides an overview of the Chinese status quo since accession into the WTO with up-to-date economic data. His book should serve economics majors, students in other areas with an interest in China and businessmen, investors and engineers who want to investigate or work in China well. In addition, this work should provide a guide or tool for readers to observe the current Chinese social development through different eyes.

Local Protectionism and its Influence on the Post-WTO Market in China

Local Protectionism and its Influence on the Post-WTO Market in China PDF Author: Yining Ding
Publisher: ibidem-Verlag / ibidem Press
ISBN: 3838258053
Category : Business & Economics
Languages : en
Pages : 258

Get Book

Book Description
Based on an investigation of the WTO process and local protectionisms, Yining Ding's new book presents interesting research results in the following fields:- The interests of China and other countries in the WTO; - the historic and cultural background and economic incentive of regional protectionisms, the different influences of regional politicians on the reform and opening policy;- the administrative market monopoly during the transition economy and the route dependent behaviour of the reform and the local officials;- the "game" between central and local government;- the important role of Guanxi and its influence on the protective behaviour in relation to justice, abuse of administrative power, forged goods and the grabbing economy, foreign trade, and FDI; - Guanxi, rent-seeking and the structure of regional seigneur power;- the establishment of a model of different degrees of local protectionisms of sub-national governments.Yining Ding presents an empirical analysis and theoretical contributions to research on local protectionism and its influence on the post-WTO market in China and provides an overview of the Chinese status quo since accession into the WTO with up-to-date economic data. His book should serve economics majors, students in other areas with an interest in China and businessmen, investors and engineers who want to investigate or work in China well. In addition, this work should provide a guide or tool for readers to observe the current Chinese social development through different eyes.

The Collapse of Global Trade, Murky Protectionism, and the Crisis

The Collapse of Global Trade, Murky Protectionism, and the Crisis PDF Author: Richard E. Baldwin
Publisher:
ISBN: 9781907142239
Category : Business & Economics
Languages : en
Pages : 112

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Book Description
The global financial crisis of 2008/9 is the Great Depression of the 21st century. For many though, the similarities stop at the Wall Street Crash as the current generation of policymakers have acted quickly to avoid the mistakes of the past. Yet the global crisis has made room for mistakes all of its own. While governments have apparently kept to their word on refraining from protectionist measures in the style of 1930s tariffs, there has been a disturbing rise in "murky protectionism." Seemingly benign, these crisis-linked policies are twisted to favour domestic firms, workers and investors. This book, first published as an eBook on VoxEU.org in March 2009, brings together leading trade policy practitioners and experts - including Australian Trade Minister Simon Crean and former Mexican President Ernesto Zedillo. Initially its aim was to advise policymakers heading in to the G20 meeting in London, but since the threat of murky protectionism persists, so too do their warnings.

China's Growing Role in World Trade

China's Growing Role in World Trade PDF Author: Robert C. Feenstra
Publisher: University of Chicago Press
ISBN: 0226239721
Category : Business & Economics
Languages : en
Pages : 603

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Book Description
In less than three decades, China has grown from playing a negligible role in international trade to being one of the world's largest exporters, a substantial importer of raw materials, intermediate outputs, and other goods, and both a recipient and source of foreign investment. Not surprisingly, China's economic dynamism has generated considerable attention and concern in the United States and beyond. While some analysts have warned of the potential pitfalls of China's rise—the loss of jobs, for example—others have highlighted the benefits of new market and investment opportunities for US firms. Bringing together an expert group of contributors, China's Growing Role in World Trade undertakes an empirical investigation of the effects of China's new status. The essays collected here provide detailed analyses of the microstructure of trade, the macroeconomic implications, sector-level issues, and foreign direct investment. This volume's careful examination of micro data in light of established economic theories clarifies a number of misconceptions, disproves some conventional wisdom, and documents data patterns that enhance our understanding of China's trade and what it may mean to the rest of the world.

The Politics of China's Accession to the World Trade Organization

The Politics of China's Accession to the World Trade Organization PDF Author: Hui Feng
Publisher: Taylor & Francis
ISBN: 9780415369213
Category : Business & Economics
Languages : en
Pages : 224

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Book Description
Grounded on a series of first-hand interviews with Chinese government officials, this book examines China's accession to the World Trade Organization, providing an 'inside' look at Chinese WTO accession negotiations. Presenting a systematic political economy model in analyzing Beijing's decision-making mechanisms, the book argues that China's WTO policy making is a state-led, leadership driven, and top-down process. Feng explores how China's determined political elite partly bypassed and partly restructured a largely reluctant and resistant bureaucracy, under constant pressure from an increasingly globalized international system. By addressing China's accession to the WTO from a political analysis perspective, the book provides a theoretically informed and intriguing examination of China's foreign economic policy making regime. The book highlights contemporary debates relating to state and institutionalist theory and provides new and useful insights into a significant development of this century.

China's Future

China's Future PDF Author: Cato Institute
Publisher: Cato Institute
ISBN: 9781882577873
Category : Business & Economics
Languages : en
Pages : 402

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Book Description
"This book is the outgrowth of a September 1999 Cato Institute conference 'Whither China? The PRC at 50'"--p. ix. Includes bibliographical references and index.

China in the International Economic Order

China in the International Economic Order PDF Author: Lisa Toohey
Publisher: Cambridge University Press
ISBN: 1316299260
Category : Law
Languages : en
Pages : 345

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Book Description
The enormous economic power of the People's Republic of China makes it one of the most important actors in the international system. Since China's accession to the World Trade Organization in 2001, all fields of international economic law have been impacted by greater Chinese participation. Now, just over one decade later, the question remains as to whether China's unique characteristics make its engagement fundamentally different from that of other players. In this volume, well-known scholars from outside China consider the country's approach to international economic law. In addition to the usual foci of trade and investment, the authors also consider monetary law, finance, competition law, and intellectual property. What emerges is a rare portrait of China's strategy across the full spectrum of international economic activity.

China and the WTO

China and the WTO PDF Author: Deepak Bhattasali
Publisher: World Bank Publications
ISBN: 082138371X
Category : Business & Economics
Languages : en
Pages : 352

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Book Description
China's accession to the WTO requires a great many specific policy reforms. However, if the best results are to be obtained, it is important that these reforms be implemented as part of a consistent development program, rather than simply by treating them as a recipe. To do this, policy makers must understand the range and nature of the policy changes required by accession, their implications for the economy, and the availability and effects of supporting policies. 'China and the WTO' analyzes the nature of the reforms involved in China's accession to the WTO, assesses their implications for the world economy, and examines the implications for individual households, particularly the poor. Its key objective is to provide the information that will allow policy makers to implement WTO commitments and formulate supporting policies to contribute strongly to economic development and poverty reduction. Individual chapters by leading scholars analyze the nature of the reforms in key areas, such as agriculture, services, intellectual property and safeguards and anti-dumping. These chapters form the building blocks for later chapters which analyze the implications of reform for the economy. The book also includes a series of studies that assess the implications for households, taking into account the social safety net policies applying in China, and the impacts of complementary policies in areas such as labor market reform and investments in human capital. Of interest to policymakers, academe and students studying international trade issues and to practitioners in the area of trade and development, 'China and the WTO' is a valuable addition to the wealth of information provided by the World Bank Trade and Development Series.

Schism

Schism PDF Author: Paul Blustein
Publisher: McGill-Queen's Press - MQUP
ISBN: 1928096867
Category : Business & Economics
Languages : en
Pages : 249

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Book Description
China's entry into the World Trade Organization (WTO) in 2001 was heralded as historic, and for good reason: the world's most populous nation was joining the rule-based system that has governed international commerce since World War II. But the full ramifications of that event are only now becoming apparent, as the Chinese economic juggernaut has evolved in unanticipated and profoundly troublesome ways. In this book, journalist Paul Blustein chronicles the contentious process resulting in China's WTO membership and the transformative changes that followed, both good and bad - for China, for its trading partners, and for the global trading system as a whole. The book recounts how China opened its markets and underwent far-reaching reforms that fuelled its economic takeoff, but then adopted policies - a cheap currency and heavy-handed state intervention - that unfairly disadvantaged foreign competitors and circumvented WTO rules. Events took a potentially catastrophic turn in 2018 with the eruption of a trade war between China and the United States, which has brought the trading system to a breaking point. Regardless of how the latest confrontation unfolds, the world will be grappling for decades with the challenges posed by China Inc.

China's Regional Development

China's Regional Development PDF Author: Ming Lu
Publisher: Routledge
ISBN: 1135016348
Category : Business & Economics
Languages : en
Pages : 447

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Book Description
China is a large developing economy and it has been deeply involved in globalization since its economic reform and opening-up. Simultaneously, China has seen a significant change in the spatial distribution of economic resources, especially capital and labor. In the recent 10 years, economists have made significant progress in both theoretical and empirical studies on related topics. The book provides an overview on the existing literature and current policy debates on what we have known and what we have misunderstood. This book includes an analytical framework of the New Economic Geography (NEG) with political economy to help us understand China’s regional development issues. The book of 10 chapters is organized into four thematic sections. The first section is a theoretical discussion on the relationship between economic agglomeration and interregional balanced development. The second section is a political economy analysis on regional and urban-rural development. The third section provides a summary on empirical literatures concerning from market segmentation and institutional barriers to production factor mobility. The final section consists of four empirical chapters on the relationship between agglomeration and balance, which is the core of relevant policy debates. The book argues that for China to achieve both efficiency and balance for regional development, China may need to reform its systems which constrain production factors mobility. This book is a valuable reference for readers who are interested in spatial economics and the Chinese economy, especially its regional and urban development.

Post-WTO economic effects on state-owned enterprises in China

Post-WTO economic effects on state-owned enterprises in China PDF Author: Ben Beiske
Publisher: diplom.de
ISBN: 3832473432
Category : Business & Economics
Languages : en
Pages : 119

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Book Description
Inhaltsangabe:Abstract: The importance of the World Trade Organisation (WTO) for international free trade today has enticed China to join the WTO in December 2001. The significance of WTO membership for China cannot be underestimated, inevitably speeding up much-needed economic reform in the country. The gradual transition from a planned- to a market-economy is expected to continue in the future. The severity of the impacts for the economy will depend on how successful China is in providing policies that will assist the nation in the major adjustment problems that it faces in the future. The expected, actual, and needed implications for China s state-owned enterprises (SOEs) resulting from WTO membership will be investigated in detail; in the process, the significance of SOEs to the Chinese economy will be highlighted. SOEs are mostly ill- prepared for a post-WTO China, and the dismal state of these companies has already led to the decline of market share in the past decade. For the future, the retreat of the state is likely to continue. The main implications for SOEs from China s WTO membership are seen in the areas of competitiveness, corporate governance, privatisation, mergers and acquisitions, property rights, unemployment, and attracting and retaining qualified personnel. This dissertation offers one of the first detailed insights into the challenges facing China s SOEs today and the implications of China s WTO membership for these companies, while also highlighting the areas that require future attention. The understanding of the role and meaning of SOEs for the Chinese economy is of immense importance for foreign investors wanting to invest in the country, already cooperating with China s SOEs, or looking into the possibility of such. Inhaltsverzeichnis:Table of Contents: I.Table of Contents II.LIST OF TABLESIV III.LIST OF FIGURESV IV.GLOSSARYVI 1.INTRODUCTION1 1.1AIM &OBJECTIVES2 1.2OVERALL RESEARCH APPROACH3 1.3STRUCTURE OF THE DISSERTATION3 2.THE WTO & FREE TRADE4 2.1CHAPTER INTRODUCTION4 2.2THE WTO4 2.2.1UNDERSTANDING THE WTO4 2.2.2THE STRUCTURE &WORKING OF THE WTO7 2.2.3SIGNIFICANCE OF JOINING THE WTO13 2.3CHAPTER CONCLUSION16 3.CHINA & THE WTO18 3.1CHAPTER INTRODUCTION18 3.2CHINA S LONG MARCH TO WTO MEMBERSHIP18 3.2.1PROLONGED DIFFICULTIES19 3.2.2FINAL ACCESSION21 3.3CHAPTER CONCLUSION22 4.METHODOLOGY23 4.1CHAPTER INTRODUCTION23 4.2OVERALL RESEARCH APPROACH23 4.2.1OBJECTIVITY, VALIDITY & [...]