China's Integration into the World Economy: implications for developing countries
With China's accession to the World Trade Organization in late 2001, many of its trading partners have become concerned that the resulting increased competition in the world's goods and capital markets will adversely affect their own growth prospects. This paper argues that China's closer integration into the world economy will impose adjustment costs on its trading partners in the short to medium term, but that the benefits it generates are likely to dominate in the long run. Copyright © 2006 The Author Journal compilation © 2006 Asia Pacific School of Economics and Government, The Australian National University and Blackwell Publishing Asia Pty Ltd..
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Volume (Year): 20 (2006)
Issue (Month): (May)
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