The Employment Impact of China's WTO Accession
Book Details
Format
Hardback or Cased Book
Book Series
Routledge Studies on the Chinese Economy
ISBN-10
0415308399
ISBN-13
9780415308397
Publisher
Taylor & Francis Ltd
Imprint
Routledge
Country of Manufacture
GB
Country of Publication
GB
Publication Date
Nov 20th, 2003
Print length
224 Pages
Weight
454 grams
Product Classification:
MacroeconomicsEmployment & unemploymentInternational economics
Ksh 28,800.00
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The book explores the macroeconomic and sectoral employment implications (in agriculture, industry and services) of China's World Trade Organisation accession.
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.
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.
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