Trade Liberalization in China’s Accession to the World Trade Organization

Elena Ianchovichina · Will J. Martin

111 citations0/0 files storedWorld Bank, Washington, DC eBooks

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Global trade and economics China's Socioeconomic Reforms and Governance World Trade Organization Law

Abstract

involves reform in many World Trade Organization sectors, both domestic and trade-related.The starting point for reform is a partially Elena Ianchovichina reformed economy with Will Martin relatively high import duties, in which export sectors benefit from liberal duty exemptions on inputs, Both China and its major trading partners will gain from access-with China gaining most (perhaps half of the estimated $56 billion in annual welfare gains).Some developing countries will suffer small losses because of increased competition from China.The adjustments required are greatly reduced by China's dramatic liberalization in the 1 990s.

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References

1997Demographic Transitions and Economic Miracles in Emerging Asia 2020The Political Economy of Agricultural Protection: East Asia in International Perspective 2001International Provision of Trade Services, Trade, and Fragmentation

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