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  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
The Employment Impact of China's WTO Accession

The Employment Impact of China's WTO Accession

Bhalla, A. S.
Qiu, Shufang
Qiu, S.

Paperback

Series: Routledge Studies on the Chinese Economy

EconomicsLaborChinese History

ISBN10: 1138371246
ISBN13: 9781138371248
Publisher: Routledge
Published: Aug 23 2018
Pages: 224
Weight: 0.71
Height: 0.48 Width: 6.14 Depth: 9.21
Language: English
The book explores the macroeconomic and sectoral employment implications (in agriculture, industry and services) of China's World Trade Organisation accession. It argues that while short-run employment losses may occur, in the longer term China will be able to generate additional employment particularly in the tertiary sectors; and that it can maintain its comparative advantage in labour-intensive exports by relocating production from high-cost coastal areas to the hinterland with abundant supply of cheap labour. It also argues that, although China is likely to benefit in the long run, in the short and medium term China is likely to face enormous problems, including increased unemployment as weaker links cease to be protected by tariffs, and the problem of restructuring state-owned enterprises.

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