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  • 1
    Online Resource
    Online Resource
    The Impact of China's WTO Accession on East Asia (2003)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: Online-Ressource (1 online resource (36 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Ianchovichina, Elena The Impact of China's WTO Accession on East Asia
    Keywords: Capital ; Capital Markets ; Comparative Advantage ; Competition ; Competitiveness ; Currencies and Exchange Rates ; Debt Markets ; Demand ; Development Economics ; Economic Theory and Research ; Economy ; Emerging Markets ; Equilibrium ; Exchange Rates ; Exports ; Finance and Financial Sector Development ; Financial Literacy ; Free Trade ; International Economics & Trade ; Investment ; Macroeconomics and Economic Growth ; Private Sector Development ; World Trade Organization ; Capital ; Capital Markets ; Comparative Advantage ; Competition ; Competitiveness ; Currencies and Exchange Rates ; Debt Markets ; Demand ; Development Economics ; Economic Theory and Research ; Economy ; Emerging Markets ; Equilibrium ; Exchange Rates ; Exports ; Finance and Financial Sector Development ; Financial Literacy ; Free Trade ; International Economics & Trade ; Investment ; Macroeconomics and Economic Growth ; Private Sector Development ; World Trade Organization ; Capital ; Capital Markets ; Comparative Advantage ; Competition ; Competitiveness ; Currencies and Exchange Rates ; Debt Markets ; Demand ; Development Economics ; Economic Theory and Research ; Economy ; Emerging Markets ; Equilibrium ; Exchange Rates ; Exports ; Finance and Financial Sector Development ; Financial Literacy ; Free Trade ; International Economics & Trade ; Investment ; Macroeconomics and Economic Growth ; Private Sector Development ; World Trade Organization
    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
    URL: Volltext  (Deutschlandweit zugänglich)
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    MPI Ethno. Forsch.
  • 2
    Online Resource
    Online Resource
    Long-Run Impacts of China's WTO Accession on Farm-Nonfarm Income Inequality and Rural Poverty (2003)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: Online-Ressource (1 online resource (40 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Ianchovichina, Elena Long-Run Impacts of China's WTO Accession on Farm-Nonfarm Income Inequality and Rural Poverty
    Keywords: Agricultural Policy ; Agriculture ; Crops and Crop Management Systems ; Economic Growth ; Economic Theory and Research ; Farm Households ; Farm Incomes ; Farm Products ; Farm Sector ; Farm Work ; Farmers ; Food Insecurity ; Food and Beverage Industry ; Income ; Income Inequality ; Industry ; International Economics & Trade ; Livestock and Animal Husbandry ; Macroeconomics and Economic Growth ; Poor ; Poverty Reduction ; Private Sector Development ; Rural Development ; Rural Development Knowledge ; Rural Poverty Reduction ; Social Protections and Labor ; World Trade Organization ; Agricultural Policy ; Agriculture ; Crops and Crop Management Systems ; Economic Growth ; Economic Theory and Research ; Farm Households ; Farm Incomes ; Farm Products ; Farm Sector ; Farm Work ; Farmers ; Food Insecurity ; Food and Beverage Industry ; Income ; Income Inequality ; Industry ; International Economics & Trade ; Livestock and Animal Husbandry ; Macroeconomics and Economic Growth ; Poor ; Poverty Reduction ; Private Sector Development ; Rural Development ; Rural Development Knowledge ; Rural Poverty Reduction ; Social Protections and Labor ; World Trade Organization ; Agricultural Policy ; Agriculture ; Crops and Crop Management Systems ; Economic Growth ; Economic Theory and Research ; Farm Households ; Farm Incomes ; Farm Products ; Farm Sector ; Farm Work ; Farmers ; Food Insecurity ; Food and Beverage Industry ; Income ; Income Inequality ; Industry ; International Economics & Trade ; Livestock and Animal Husbandry ; Macroeconomics and Economic Growth ; Poor ; Poverty Reduction ; Private Sector Development ; Rural Development ; Rural Development Knowledge ; Rural Poverty Reduction ; Social Protections and Labor ; World Trade Organization
    Abstract: Many fear China's accession to the World Trade Organization (WTO) will impoverish its rural people by way of greater import competition in its agricultural markets. Anderson, Huang, and Ianchovichina explore that possibility bearing in mind that, even if producer prices of some (land-intensive) farm products fall, prices of other (labor-intensive) farm products could rise. Also, the removal of restrictions on exports of textiles and clothing could boost town and village enterprises, so demand for unskilled labor for nonfarm work in rural areas may grow even if demand for farm labor in aggregate falls. New estimates, from the global economywide numerical simulation model known as GTAP, of the likely changes in agricultural and other product prices as a result of WTO accession are drawn on to examine empirically the factor reward implications of China's WTO accession. The results suggest farm-nonfarm and Western-Eastern income inequality may well rise in China but rural-urban income inequality need not. The authors conclude with some policy suggestions for alleviating any pockets of farm household poverty that may emerge as a result of WTO accession. 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
    URL: Volltext  (Deutschlandweit zugänglich)
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    MPI Ethno. Forsch.
  • 3
    Online Resource
    Online Resource
    Economic Impacts of China's Accession to the World Trade Organization (2003)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: Online-Ressource (1 online resource (44 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Martin, Will Economic Impacts of China's Accession to the World Trade Organization
    Keywords: Base Year ; Consumption ; Currencies and Exchange Rates ; Debt Markets ; Economic Theory and Research ; Economy ; Emerging Markets ; Exports ; Finance and Financial Sector Development ; Financial Literacy ; Free Trade ; Goods ; Growth Rate ; Influence ; Inputs ; International Economics & Trade ; Labor ; Labor Policies ; Macroeconomics and Economic Growth ; Markets ; Prices ; Private Sector Development ; Production ; Public Sector Development ; Quotas ; Social Protections and Labor ; Trade ; Trade Policy ; Trade Policy ; Trade Reform ; World Trade Organization ; Base Year ; Consumption ; Currencies and Exchange Rates ; Debt Markets ; Economic Theory and Research ; Economy ; Emerging Markets ; Exports ; Finance and Financial Sector Development ; Financial Literacy ; Free Trade ; Goods ; Growth Rate ; Influence ; Inputs ; International Economics & Trade ; Labor ; Labor Policies ; Macroeconomics and Economic Growth ; Markets ; Prices ; Private Sector Development ; Production ; Public Sector Development ; Quotas ; Social Protections and Labor ; Trade ; Trade Policy ; Trade Policy ; Trade Reform ; World Trade Organization ; Base Year ; Consumption ; Currencies and Exchange Rates ; Debt Markets ; Economic Theory and Research ; Economy ; Emerging Markets ; Exports ; Finance and Financial Sector Development ; Financial Literacy ; Free Trade ; Goods ; Growth Rate ; Influence ; Inputs ; International Economics & Trade ; Labor ; Labor Policies ; Macroeconomics and Economic Growth ; Markets ; Prices ; Private Sector Development ; Production ; Public Sector Development ; Quotas ; Social Protections and Labor ; Trade ; Trade Policy ; Trade Policy ; Trade Reform ; World Trade Organization
    Abstract: Ianchovichina and Martin present estimates of the impact of accession by China and Chinese Taipei to the World Trade Organization. China is estimated to be the biggest beneficiary, followed by Chinese Taipei and their major trading partners. Accession will boost the labor-intensive manufacturing sectors in China, especially the textiles and apparel sector that will benefit directly from the removal of quotas on textiles and apparel exports to North America and Western Europe. Consequently, developing economies competing with China in third markets may suffer relatively small losses. China has already benefited from the reforms undertaken between 1995 and 2001 (US
    URL: Volltext  (Deutschlandweit zugänglich)
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    Online Resource
    MPI Ethno. Forsch.
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