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Author: Shanghai WTO Affairs Consultation Center
Publisher: World Scientific
ISBN: 1938368088
Category : Business & Economics
Languages : en
Pages : 232
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Book Description
Since its accession to the WTO, China had been enjoying a rapid growth in foreign trade, which has become the major driving force behind its surging economic development. However, the outbreak of the financial crisis at the end of 2008 left China with a fragile international market. Although there has been a gradual improvement in the international trading environment since 2010 following a steady recovery of the world economy, multiple challenges for the global economy still lie ahead with controlled trade protectionism becoming a trend. This book is the latest publication from the Shanghai WTO Affairs Consultation Center and the first report on China''s trade performance. It analyses China''s foreign trade environment, the foreign trade index and the quarterly index, illuminating the reasons behind fluctuating foreign trade. The book provides advice for entrepreneurs working in fast-changing environments, and is an excellent guide to policymakers involved in China''s foreign trade.
Author: Shanghai WTO Affairs Consultation Center
Publisher: World Scientific
ISBN: 1938368088
Category : Business & Economics
Languages : en
Pages : 232
Get Book
Book Description
Since its accession to the WTO, China had been enjoying a rapid growth in foreign trade, which has become the major driving force behind its surging economic development. However, the outbreak of the financial crisis at the end of 2008 left China with a fragile international market. Although there has been a gradual improvement in the international trading environment since 2010 following a steady recovery of the world economy, multiple challenges for the global economy still lie ahead with controlled trade protectionism becoming a trend. This book is the latest publication from the Shanghai WTO Affairs Consultation Center and the first report on China''s trade performance. It analyses China''s foreign trade environment, the foreign trade index and the quarterly index, illuminating the reasons behind fluctuating foreign trade. The book provides advice for entrepreneurs working in fast-changing environments, and is an excellent guide to policymakers involved in China''s foreign trade.
Author: Gee Hee Hong
Publisher: International Monetary Fund
ISBN: 1484368568
Category : Business & Economics
Languages : en
Pages : 46
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Book Description
Asia and China made disproportionate contributions to the slowdown of global trade growth in 2015. China’s import growth slowed starkly, driven by both external and domestic factors, including a rebalancing of demand. Econometric results point to weak investment and rebalancing as the main causes of the import slowdown. Spillover effects from China’s rebalancing are estimated for some 60 countries using value-added trade data, and are found to be more negative on Asia and commodity exporters than others.
Author: World Trade Organization
Publisher:
ISBN: 9789287037398
Category : Commercial policy
Languages : en
Pages : 0
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Book Description
This publication is produced by the WTO on an annual basis to provide a comprehensive overview of worl trade. I t includes details sof merchandise trade by product and trade in commercial services by category as well as a character on essential concepts and the methods used to compile the statistics.
Author: Andrew H. Card
Publisher: Council on Foreign Relations
ISBN: 0876094418
Category : Business & Economics
Languages : en
Pages : 135
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Book Description
From American master Ward Just, returning to his trademark territory of "Forgetfulness "and "The Weather in Berlin," an evocative portrait of diplomacy and desire set against the backdrop of America's first lost war
Author: Cristina Constantinescu
Publisher: International Monetary Fund
ISBN: 1498399134
Category : Business & Economics
Languages : en
Pages : 44
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Book Description
This paper focuses on the sluggish growth of world trade relative to income growth in recent years. The analysis uses an empirical strategy based on an error correction model to assess whether the global trade slowdown is structural or cyclical. An estimate of the relationship between trade and income in the past four decades reveals that the long-term trade elasticity rose sharply in the 1990s, but declined significantly in the 2000s even before the global financial crisis. These results suggest that trade is growing slowly not only because of slow growth of Gross Domestic Product (GDP), but also because of a structural change in the trade-GDP relationship in recent years. The available evidence suggests that the explanation may lie in the slowing pace of international vertical specialization rather than increasing protection or the changing composition of trade and GDP.
Author: World Trade Organization
Publisher:
ISBN: 9789287038159
Category : Business & Economics
Languages : en
Pages : 0
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Book Description
'The World Trade Report 2012' ventures beyond tariffs to examine other policy measures that can affect trade.
Author: United Nations
Publisher:
ISBN: 9789211128222
Category : Business & Economics
Languages : en
Pages : 0
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Book Description
What lessons have policy makers drawn from the global financial and economic crisis to reform the international monetary and financial system and the design of macroeconomic policies? The enthusiasm about system reform and a reorientation of macroeconomic policies has not lasted. Reforms of financial regulations are progressing slowly and only at the national level, monetary system reform is limited. After an interlude that some considered as a return to Keynesianism, the orientation of macroeconomic policy, especially fiscal policy, is back to business as usual. This will hinder a sustained recovery of the world economy and open the door for new financial crises. Thus, the rethinking of policies and reshaping the financial and monetary system remain an urgent task. The Report makes concrete proposals on how, and in which priority areas, to advance with the strengthening regulation of the financial sector and commodity markets, reform of the international monetary system, and the reorientation of fiscal policy.
Author: Congressional Research Service
Publisher: Createspace Independent Publishing Platform
ISBN: 9781976466953
Category :
Languages : en
Pages : 52
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Book Description
Prior to the initiation of economic reforms and trade liberalization 36 years ago, China maintained policies that kept the economy very poor, stagnant, centrally-controlled, vastly inefficient, and relatively isolated from the global economy. Since opening up to foreign trade and investment and implementing free market reforms in 1979, China has been among the world's fastest-growing economies, with real annual gross domestic product (GDP) growth averaging nearly 10% through 2016. In recent years, China has emerged as a major global economic power. It is now the world's largest economy (on a purchasing power parity basis), manufacturer, merchandise trader, and holder of foreign exchange reserves.The global economic crisis that began in 2008 greatly affected China's economy. China's exports, imports, and foreign direct investment (FDI) inflows declined, GDP growth slowed, and millions of Chinese workers reportedly lost their jobs. The Chinese government responded by implementing a $586 billion economic stimulus package and loosening monetary policies to increase bank lending. Such policies enabled China to effectively weather the effects of the sharp global fall in demand for Chinese products, but may have contributed to overcapacity in several industries and increased debt by Chinese firms and local government. China's economy has slowed in recent years. Real GDP growth has slowed in each of the past six years, dropping from 10.6% in 2010 to 6.7% in 2016, and is projected to slow to 5.7% by 2022.The Chinese government has attempted to steer the economy to a "new normal" of slower, but more stable and sustainable, economic growth. Yet, concerns have deepened in recent years over the health of the Chinese economy. On August 11, 2015, the Chinese government announced that the daily reference rate of the renminbi (RMB) would become more "market-oriented." Over the next three days, the RMB depreciated against the dollar and led to charges that China's goal was to boost exports to help stimulate the economy (which some suspect is in worse shape than indicated by official Chinese economic statistics). Concerns over the state of the Chinese economy appear to have often contributed to volatility in global stock indexes in recent years.The ability of China to maintain a rapidly growing economy in the long run will likely depend largely on the ability of the Chinese government to implement comprehensive economic reforms that more quickly hasten China's transition to a free market economy; rebalance the Chinese economy by making consumer demand, rather than exporting and fixed investment, the main engine of economic growth; boost productivity and innovation; address growing income disparities; and enhance environmental protection. The Chinese government has acknowledged that its current economic growth model needs to be altered and has announced several initiatives to address various economic challenges. In November 2013, the Communist Party of China held the Third Plenum of its 18th Party Congress, which outlined a number of broad policy reforms to boost competition and economic efficiency. For example, the communique stated that the market would now play a "decisive" role in allocating resources in the economy. At the same time, however, the communique emphasized the continued important role of the state sector in China's economy. In addition, many foreign firms have complained that the business climate in China has worsened in recent years. Thus, it remains unclear how committed the Chinese government is to implementing new comprehensive economic reforms.China's economic rise has significant implications for the United States and hence is of major interest to Congress. This report provides background on China's economic rise; describes its current economic structure; identifies the challenges China faces to maintain economic growth; and discusses the challenges, opportunities, and implications of China's economic rise.
Author: World Trade Organization
Publisher:
ISBN:
Category :
Languages : en
Pages : 128
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Book Description
Author: Longtao He
Publisher: Springer Nature
ISBN: 9811618801
Category : Social Science
Languages : en
Pages : 282
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Book Description
This book examines the experiences of migrant peasant workers in China who care for parents diagnosed with cancer and explores to what extent contextual changes after the economic reform initiated in 1978 affected practices and experiences of caring. In his own attempt to develop a localized methodology, the author considers identifying similarities between Chinese philosophies and Foucault’s theories as the key step for localizing Foucauldian discourse analysis. Three similarities are located and articulated with regard to filial care. Firstly, the complexity of discursive relations identified by Foucault resembles the complicated Chinese notion of the relationality of the self. Secondly, both sides have a tendency to look back to ancient times for solutions and to critique the notion of ‘progress’ in modernity. For Foucault, the way to attain freedom or agency is through technologies of the self, such as speaking truth (parrhesia). Lastly, both value action and practice in their theories. The book then analyzes, through this localized methodological approach, statements made by migrant peasant workers to take readers through their discursive mechanisms to construct filial piety in relation to their subjective care experiences.
