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Services Policy Reform in the People’s Republic of China: Before and After the Global Financial Crisis

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  • Fan, Ying

    (Asian Development Bank Institute)

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    Abstract

    Adverse effects of the global financial crisis on international trade include falling demand, increased trade protectionism, and drying up of trade finance. Much attention has focused on the impact of the crisis on goods trade; however literature on its impact on services trade is limited, especially on the services trade in the People’s Republic of China (PRC). This paper analyzes the impact of the global financial crisis on the PRC’s services trade, discusses the government’s policy responses, and raises policy suggestions.

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    File URL: http://www.adbi.org/files/2011.08.16.wp304.services.policy.reform.prc.pdf
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    Bibliographic Info

    Paper provided by Asian Development Bank Institute in its series ADBI Working Papers with number 304.

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    Length: 24 pages
    Date of creation: 15 Aug 2011
    Date of revision:
    Handle: RePEc:ris:adbiwp:0304

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    Keywords: prc services policy; services trade; global financial crisis; international trade;

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    1. Milberg, William & Winkler, Deborah, 2010. "Trade crisis and recovery : restructuring of global value chains," Policy Research Working Paper Series 5294, The World Bank.
    2. Francois, Joseph & Hoekman, Bernard, 2009. "Services Trade and Policy," CEPR Discussion Papers 7616, C.E.P.R. Discussion Papers.
    3. Ingo Borchert & Aaditya Mattoo, 2009. "The crisis-resilience of services trade," The Service Industries Journal, Taylor & Francis Journals, vol. 30(13), pages 2115-2136, August.
    4. Hoekman, Bernard & Mattoo, Aaditya, 2011. "Services trade liberalization and regulatory reform : re-invigorating international cooperation," Policy Research Working Paper Series 5517, The World Bank.
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