China'S Integration Into the World Economy: Implications for Developing Countries
Although the rest of the world had waited a long time for China to open up, feelings were mixed when it actually did and began to integrate rapidly with the world economy. With the country's recent accession to the World Trade Organization (WTO), many of its trading partners are increasingly co...
Gespeichert in:
| 1. Verfasser: | |
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| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Washington, D.C
International Monetary Fund
2003
|
| Schriftenreihe: | IMF Working Papers
Working Paper No. 03/245 |
| Online-Zugang: | UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 URL des Erstveröffentlichers |
| Zusammenfassung: | Although the rest of the world had waited a long time for China to open up, feelings were mixed when it actually did and began to integrate rapidly with the world economy. With the country's recent accession to the World Trade Organization (WTO), many of its trading partners are increasingly concerned that China's competition in the world goods and capital markets may adversely affect their own growth prospects. This paper examines the implications of China's WTO accession for other developing countries in the context of the country's long-term process of growth and opening up. The paper argues that China's integration into the world economy will inevitably impose adjustment costs on its trading partners in the short-to-medium term, but the benefits it generates are likely to dominate in the long run |
| Beschreibung: | 1 Online-Ressource (30 p) |
| ISBN: | 145187586X 9781451875867 |
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| spelling | Yang, Yongzheng Verfasser aut China'S Integration Into the World Economy Implications for Developing Countries Yang, Yongzheng Washington, D.C International Monetary Fund 2003 1 Online-Ressource (30 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers Working Paper No. 03/245 Although the rest of the world had waited a long time for China to open up, feelings were mixed when it actually did and began to integrate rapidly with the world economy. With the country's recent accession to the World Trade Organization (WTO), many of its trading partners are increasingly concerned that China's competition in the world goods and capital markets may adversely affect their own growth prospects. This paper examines the implications of China's WTO accession for other developing countries in the context of the country's long-term process of growth and opening up. The paper argues that China's integration into the world economy will inevitably impose adjustment costs on its trading partners in the short-to-medium term, but the benefits it generates are likely to dominate in the long run Online-Ausg http://elibrary.imf.org/view/IMF001/01238-9781451875867/01238-9781451875867/01238-9781451875867.xml Verlag URL des Erstveröffentlichers Volltext |
| spellingShingle | Yang, Yongzheng China'S Integration Into the World Economy Implications for Developing Countries |
| title | China'S Integration Into the World Economy Implications for Developing Countries |
| title_auth | China'S Integration Into the World Economy Implications for Developing Countries |
| title_exact_search | China'S Integration Into the World Economy Implications for Developing Countries |
| title_exact_search_txtP | China'S Integration Into the World Economy Implications for Developing Countries |
| title_full | China'S Integration Into the World Economy Implications for Developing Countries Yang, Yongzheng |
| title_fullStr | China'S Integration Into the World Economy Implications for Developing Countries Yang, Yongzheng |
| title_full_unstemmed | China'S Integration Into the World Economy Implications for Developing Countries Yang, Yongzheng |
| title_short | China'S Integration Into the World Economy |
| title_sort | china s integration into the world economy implications for developing countries |
| title_sub | Implications for Developing Countries |
| url | http://elibrary.imf.org/view/IMF001/01238-9781451875867/01238-9781451875867/01238-9781451875867.xml |
| work_keys_str_mv | AT yangyongzheng chinasintegrationintotheworldeconomyimplicationsfordevelopingcountries |