China and the WTO: Accession, Policy Reform, and Poverty Reduction Strategies

by Oxford University Press USA, Deepak Bhattasali (Editor), Shantong Li (Editor), William J. Martin (Editor)

Overview

China's accession to the WTO requires a great many specific policy reforms. However, if the best results are to be obtained, it is important that these reforms be implemented as part of a consistent development program, rather than simply by treating them as a recipe. To do this, policy makers must understand the range and nature of the policy changes required by accession, their implications for the economy, and the availability and effects of supporting policies. 'China and the WTO' analyzes the nature of the reforms involved in China's accession to the WTO, assesses their implications for the world economy, and examines the implications for individual households, particularly the poor. Its key objective is to provide the information that will allow policy makers to implement WTO commitments and formulate supporting policies to contribute strongly to economic development and poverty reduction. Individual chapters by leading scholars analyze the nature of the reforms in key areas, such as agriculture, services, intellectual property and safeguards and anti-dumping. These chapters form the building blocks for later chapters which analyze the implications of reform for the economy. The book also includes a series of studies that assess the implications for households, taking into account the social safety net policies applying in China, and the impacts of complementary policies in areas such as labor market reform and investments in human capital. Of interest to policymakers, academe and students studying international trade issues and to practitioners in the area of trade and development, 'China and the WTO' is a valuable addition to the wealth of information provided by the World Bank Trade and Development Series.

Product Details

ISBN-13:	9780821356678
Publisher:	World Bank Publications
Publication date:	07/09/2004
Series:	Trade and Development
Pages:	348
Product dimensions:	7.70(w) x 10.60(h) x 0.80(d)

Table of Contents

	Foreword	xi
	Acknowledgments	xii
	About the Editors and Authors	xiii
	Acronyms and Abbreviations	xiv
1.	Impacts and Policy Implications of WTO Accession for China	1
Part I.	Policy Reforms Associated with Accession	19
2.	What China's WTO Accession is All About	21
3.	China in the WTO: Antidumping and Safeguards	29
4.	Intellectual Property Rights in the WTO Accession Package: Assessing China's Reforms	49
5.	China's Agricultural Development and Policy Readjustment After Its WTO Accession	69
6.	The Nature of Distortions to Agricultural Incentives in China and Implications of WTO Accession	81
Part II.	Economic Impacts of Accession	99
7.	The Impacts of WTO Accession on Chinese Agriculture and Rural Poverty	101
8.	The Services Dimension of China's Accession to the WTO	117
9.	Logistics in China: Implications of Accession to the WTO	141
10.	Telecommunications Services in China: Facing the Challenges of WTO Accession	157
11.	Accelerating Financial Market Restructuring in China	181
12.	WTO Accession and the Structure of China's Motor Vehicle Sector	191
13.	Economic Impacts of China's Accession to the WTO	211
Part III.	Impacts on Households and on Poverty	237
14.	Earnings and Labor Mobility in Rural China: Implications for China's Accession to the WTO	239
15.	Welfare Impacts of China's Accession to the WTO	261
16.	Implications of WTO Accession for Poverty in China	283
17.	Coping with and Adapting to Job Losses and Declines in Farm Earnings in China	305
	Index	325
	Boxes
9.1	Local Policies and Their Implications for Logistics Operations	148
10.1	Summary of China's WTO Commitments	166
10.2	Coverage and Definition of China's Telecommunications Sector	167
10.3	Experience of Chile, Peru, South Africa, and Hong Kong (China) with Universal Access	175
11.1	Modeling State Bank Performance: Can the State Banks Survive Liberalization?	188
12.1	Summary of Developments in China's Automotive Sector	193
17.1	Advantages and Disadvantages of Decentralization	312
	Figures
8.1	Country Services Commitments by Mode	119
8.2	Sequence of Telecommunications Reform in Nine Asian Countries, 1989-99	135
9.1	Choice of Transport Modes: China, 1970-2000	143