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China's WTO Entry: Effects on Its Economy and Implications for the Philippines

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  • Palanca, Ellen

Abstract

This paper investigates the implications of China’s accession to the World Trade Organization in December 2001 for the Philippines based on an analysis of Philippine-China bilateral trade structure, a presentation of the commitments made by China for its WTO accession, and a discussion of this significant event on China’s own economy. It points to finer applications of the theory of comparative advantage, e.g., identifying niche markets, building brand images, and engaging in strategic cooperation or competition with international partners, as the ways to survive in, if not profit from, the emerging world order.

Suggested Citation

  • Palanca, Ellen, 2006. "China's WTO Entry: Effects on Its Economy and Implications for the Philippines," Philippine Journal of Development PJD 2004 Vol. XXXI No. 2-, Philippine Institute for Development Studies.
    • Handle: RePEc:phd:pjdevt:pjd_2004_vol__xxxi_no__2-a
    as

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    File URL: https://www.pids.gov.ph/publication/philippine-journal-of-development/china-s-wto-entry-effects-on-its-economy-and-implications-for-the-philippines
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    References listed on IDEAS

    as
    1. Austria, Myrna S., 1998. "The Emerging Philippine Investment Environment," Discussion Papers DP 1998-27, Philippine Institute for Development Studies.
    2. Ianchovichina, Elena, 2001. "Trade Liberalization in China’s Accession to WTO," Journal of Economic Integration, Center for Economic Integration, Sejong University, vol. 16, pages 421-445.
    3. Mr. Harm Zebregs & Ms. Wanda S Tseng, 2002. "Foreign Direct Investment in China: Some Lessons for Other Countries," IMF Policy Discussion Papers 2002/003, International Monetary Fund.
    4. Gerald Epstein & Elissa Braunstein, 2002. "Bargaining Power and Foreign Direct Investment in China: Can 1.3 Billion Consumers Tame the Multinationals?," Working Papers wp45, Political Economy Research Institute, University of Massachusetts at Amherst.
    5. Austria, Myrna S., 1998. "The Emerging Philippine Investment Environment," Philippine Journal of Development JPD 1998 Vol. XXV No. 1-b, Philippine Institute for Development Studies.
    6. Robertson,David (ed.), 1997. "East Asian Trade after the Uruguay Round," Cambridge Books, Cambridge University Press, number 9780521583183.
    Full references (including those not matched with items on IDEAS)

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