Full Description
This volume provides a detailed up-to-date analysis of the strategic issues and policy options of China's accession to the WTO. Quantitative analysis demonstrates how tariff reduction resulting from China's accession to the WTO will benefit the Chinese economy as well as the rest of the world. The book argues that there is no single trade policy initiative likely to result in larger gains in international trade in the foreseeable future than China's accession to the WTO.
Contents
Preface. Part I Strategic issues and policy choices 1. China's entry to the WTO: an overview Peter Drysdale and Ligang Song 2. China and the future of the International Trading System Ross Garnaut and Yiping Huang 3. Economic reform and development strategy in China Justin Yifu Lin 4. The WTO and China's trade strategies in the 1990's Yang Shengmin 5. Trade liberalisation and development of China's foreign trade Ligang Song 6. Agricultural policy adjustment in the process of trade liberalisation Wen Hai 7. The implications of China's membership of the WTO for industrial transformation Peter Drysdale Part II Impact of Trade Liberalisation: quantitative assessment. 8. China's entry to the WTO: a general equilibrium analysis of the recent tariff reductions Xiao-guang Zhang 9. China and the WTO: tariff offers, exemptions and welfare implications Christian F. Bach, Will Martin and Jennifer A. Stevens Spatz 10. China's trade liberalisation and structural adjustments for the world economy Feng Lei and Yiping Huang 11. China's textile and clothing exports in the post Uruguay round Zhong Chuansui and Yongzheng Yang 12. Rapid economic growth in China: implications for the world economy Warwick J. McKibbin and Yiping Huang
