| Description |
1 online resource (xix, 204 pages) : illustrations. |
| Physical Medium |
polychrome |
| Description |
text file |
| Series |
RoutledgeCurzon studies on the Chinese economy ; 7
|
|
RoutledgeCurzon studies on the Chinese economy ; 7.
|
| Bibliography |
Includes bibliographical references (pages 179-195) and index. |
| Contents |
Road to WTO membership -- Negotiations and China's motivation -- Pre-WTO liberalization -- Implications of the WTO Agreement -- Trade liberalization, competition and employment -- Domestic and foreign competition -- Comparative advantage vs. competitiveness -- Unit cost of labour in China -- Impact of accession on employment -- Current unemployment situation in China -- Employment and labour surplus in SOEs -- Employment impact of accession -- Agriculture -- China's commitments under the Agreement -- Rural labour supply -- China's comparative advantage in agriculture -- Impact of accession on rural incomes and employment -- Concluding remarks -- Industry -- Textiles and clothing -- Automobiles -- Household appliances -- Concluding remarks -- Services -- State of services prior to WTO entry -- China's commitments under the WTO Agreement -- Employment trends in services -- Employment implications of the Agreement -- Concluding remarks -- China and the 'flying-geese' (FG) theory -- The 'flying-geese' theory -- Empirical tests of the theory -- Applicability of the theory to China -- Empirical evidence of FG application to China -- China's possible response to global competition -- China's possible response -- Non-compliance -- Devaluation -- Production shift from tradeables to non-tradeables. |
| Summary |
The book explores the macroeconomic and sectoral employment implications (in agriculture, industry and services) of China's World Trade Organisation accession. It argues that while short-run employment losses may occur, in the longer term China will be able to generate additional employment particularly in the tertiary sectors; and that it can maintain its comparative advantage in labour-intensive exports by relocating production from high-cost coastal areas to the hinterland with abundant supply of cheap labour. It also argues that, although China is likely to benefit in the long run, in the short and medium term China is likely to face enormous problems, including increased unemployment as weaker links cease to be protected by tariffs, and the problem of restructuring state-owned enterprises. |
| Local Note |
eBooks on EBSCOhost EBSCO eBook Subscription Academic Collection - North America |
| Subject |
World Trade Organization.
|
|
World Trade Organization. |
|
Labor market -- China.
|
|
Labor market. |
|
China. |
| Genre/Form |
Electronic books.
|
| Added Author |
Bhalla, A. S., editor.
|
|
Qiu, Shufang, 1956- editor.
|
| ISBN |
9781134394630 electronic book |
|
1134394632 electronic book |
|
1280055375 |
|
9781280055379 |
|
9780203164655 |
|
0203164652 (E-Book) |
|
0203164652 |
|
9780203164655 |
| Standard No. |
9780203164655 |
|
