China Southeast Asia And The Wto
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Author | : Elena Ianchovichina |
Publisher | : World Bank Publications |
Total Pages | : 36 |
Release | : 2003 |
Genre | : Capital |
ISBN | : |
Download The Impact of China's WTO Accession on East Asia Book in PDF, Epub and Kindle
Abstract: China's World Trade Organization (WTO) accession will have major implications for China and present both opportunities and challenges for East Asia. Ianchovichina and Walmsley assess the possible channels through which China's accession to the WTO could affect East Asia and quantify these effects using a dynamic computable general equilibrium model. China will be the biggest beneficiary of accession, followed by the industrial and newly industrializing economies (NIEs) in East Asia. But their benefits are small relative to the size of their economies and to the vigorous growth projected to occur in the region over the next 10 years. By contrast, developing countries in East Asia are expected to incur small declines in real GDP and welfare as a result of China's accession, mainly because with the elimination of quotas on Chinese textile and apparel exports to industrial countries China will become a formidable competitor in areas in which these countries have comparative advantage. With WTO accession China will increase its demand for petrochemicals, electronics, machinery, and equipment from Japan and the NIEs, and farm, timber, energy products, and other manufactures from the developing countries in East Asia. New foreign investment is likely to flow into these expanding sectors. The overall impact on foreign investment is likely to be positive in the NIEs, but negative for the less developed East Asian countries as a result of the contraction of these economies' textile and apparel sector. As China becomes a more efficient supplier of services or a more efficient producer of high-end manufactures, its comparative advantage will shift into higher-end products. This is good news for the poor developing economies in East Asia, but it implies that the impact of China's WTO accession on the NIEs may change to include heightened competition in global markets. This paper"a product of the Economic Policy Division, Poverty Reduction and Economic Management Network"is part of a larger effort in the network to assess the impact of China's WTO accession.
Author | : Razeen Sally |
Publisher | : Institute of Southeast Asian Studies |
Total Pages | : 104 |
Release | : 2004 |
Genre | : Political Science |
ISBN | : 9812302689 |
Download Southeast Asia in the WTO Book in PDF, Epub and Kindle
In this large-scale ISEAS study, Razeen Sally looks at Southeast Asia in the World Trade Organization, against the background of national trade policy trends post-Asian crisis, sluggish ASEAN economic integration, and the recent high-speed proliferation of bilateral and regional trade negotiations. ASEAN co-operation in the WTO has broken down, with little prospect of revival. Nevertheless, Sally argues forcefully that Southeast Asia needs a liberal, rules-based multilateral trading system; and that the WTO needs active Southeast Asian participation. ASEAN countries should forge multiple coalitions, revolving around the United States and China, to restore workability and purpose to a lame, crisis-ravaged WTO. This would provide headwind for what matters most: unilateral (national) trade-and-investment liberalization and pro-competitive regulatory reforms to revive and enhance policy competitiveness in the region.
Author | : Supachai Panitchpakdi |
Publisher | : John Wiley & Sons |
Total Pages | : 268 |
Release | : 2002-01-25 |
Genre | : Business & Economics |
ISBN | : |
Download China and the WTO Book in PDF, Epub and Kindle
This work analyses the implications for world trade of China's entry into the World Trade Organization. It has taken fifteen long years of dialogue and heated debate and it will take its place among the other members at the end of 2001. This momentous event is relayed by the next WTO Chairman.
Author | : Stephen R. Fox |
Publisher | : |
Total Pages | : 42 |
Release | : 2002 |
Genre | : China |
ISBN | : |
Download China, Southeast Asia, and the WTO Book in PDF, Epub and Kindle
Author | : Tianshu Chu |
Publisher | : Edward Elgar Pub |
Total Pages | : 304 |
Release | : 2007 |
Genre | : History |
ISBN | : 9781845428426 |
Download China's Accession to the WTO Book in PDF, Epub and Kindle
China's accession to the WTO is one of the most important policy changes in China's long process of liberalizing its foreign trade and foreign direct investment. It is also a major world economic event with profound repercussions. This book addresses the issues raised by China's accession both in terms of its effects on its neighbours and China itself. The history of China's accession and the major commitments by China as conditions for its accession to the WTO are examined along with the impacts of accession on China, Japan, South Korea, Taiwan, India and Southeast Asian economies. The book begins by assessing the impacts on China, including regional impacts, impacts on domestic regional liberalization and impacts on state-owned enterprises. It goes on to assess the effects on a number of Asian economies, including Japan, Korea, Taiwan and India. The book ends with an assessment of the impacts on ASEAN economies and Asian economic integration. This includes discussion of the mutual trade between China and Australia, Malaysia, Singapore, Thailand, Indonesia and the Philippines.The contributors come from a wide range of backgrounds, providing different viewpoints on the impacts of China's trade liberalization. China's Accession to the WTO will therefore appeal to academics and researchers of Asian studies (China, Korea, Japan, Southeast Asia particularly) as well as those interested in the WTO and international trade and policy makers in the countries affected and discussed.
Author | : Ho Khai Leong |
Publisher | : Institute of Southeast Asian Studies |
Total Pages | : 360 |
Release | : 2005 |
Genre | : Business & Economics |
ISBN | : 9789812302984 |
Download China and Southeast Asia Book in PDF, Epub and Kindle
The relations between ASEAN and China occupy a unique and important position in the foreign relations of the Asia-Pacific region. This volume investigates the impacts of global changes and regional challenges confronting the contemporary developments of China-ASEAN relations.
Author | : World Trade Organization |
Publisher | : |
Total Pages | : 128 |
Release | : 2011 |
Genre | : |
ISBN | : |
Download Trade Patterns and Global Value Chains in East Asia Book in PDF, Epub and Kindle
Author | : Richard Baldwin |
Publisher | : Edward Elgar Publishing |
Total Pages | : 448 |
Release | : 2014-11-28 |
Genre | : Business & Economics |
ISBN | : 1783479280 |
Download A World Trade Organization for the 21st Century Book in PDF, Epub and Kindle
ø Policy makers will benefit from the expert knowledge and policy lessons presented in this book, and development economists and researchers will profit from its critical examination of the world trading system. Undergraduate and postgraduate studen
Author | : Yongzheng Yang |
Publisher | : International Monetary Fund |
Total Pages | : 31 |
Release | : 2003-12-01 |
Genre | : Business & Economics |
ISBN | : 145187586X |
Download China'S Integration Into the World Economy Book in PDF, Epub and Kindle
Although the rest of the world had waited a long time for China to open up, feelings were mixed when it actually did and began to integrate rapidly with the world economy. With the country’s recent accession to the World Trade Organization (WTO), many of its trading partners are increasingly concerned that China’s competition in the world goods and capital markets may adversely affect their own growth prospects. This paper examines the implications of China’s WTO accession for other developing countries in the context of the country’s long-term process of growth and opening up. The paper argues that China’s integration into the world economy will inevitably impose adjustment costs on its trading partners in the short-to-medium term, but the benefits it generates are likely to dominate in the long run.
Author | : Elena Ianchovichina |
Publisher | : |
Total Pages | : 28 |
Release | : 2016 |
Genre | : |
ISBN | : |
Download The Impact of China's WTO Accession on East Asia Book in PDF, Epub and Kindle
China's World Trade Organization (WTO) accession will have major implications for China and present both opportunities and challenges for East Asia. Ianchovichina and Walmsley assess the possible channels through which China's accession to the WTO could affect East Asia and quantify these effects using a dynamic computable general equilibrium model. China will be the biggest beneficiary of accession, followed by the industrial and newly industrializing economies (NIEs) in East Asia. But their benefits are small relative to the size of their economies and to the vigorous growth projected to occur in the region over the next 10 years. By contrast, developing countries in East Asia are expected to incur small declines in real GDP and welfare as a result of China's accession, mainly because with the elimination of quotas on Chinese textile and apparel exports to industrial countries China will become a formidable competitor in areas in which these countries have comparative advantage.With WTO accession China will increase its demand for petrochemicals, electronics, machinery, and equipment from Japan and the NIEs, and farm, timber, energy products, and other manufactures from the developing countries in East Asia. New foreign investment is likely to flow into these expanding sectors. The overall impact on foreign investment is likely to be positive in the NIEs, but negative for the less developed East Asian countries as a result of the contraction of these economies' textile and apparel sector. As China becomes a more efficient supplier of services or a more efficient producer of high-end manufactures, its comparative advantage will shift into higher-end products. This is good news for the poor developing economies in East Asia, but it implies that the impact of China's WTO accession on the NIEs may change to include heightened competition in global markets.This paper - a product of the Economic Policy Division, Poverty Reduction and Economic Management Network - is part of a larger effort in the network to assess the impact of China's WTO accession.