The Employment Impact of China's WTO Accession - Routledge Studies on the Chinese Economy - A. S. Bhalla - Books - Taylor & Francis Ltd - 9781138380233 - September 30, 2020
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A. S. Bhalla
The Employment Impact of China's WTO Accession - Routledge Studies on the Chinese Economy 1st edition

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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.

224 pages

Media Books     Paperback Book   (Book with soft cover and glued back)
Released September 30, 2020
ISBN13 9781138380233
Publishers Taylor & Francis Ltd
Pages 224
Dimensions 150 × 220 × 10 mm   ·   450 g   (Weight (estimated))
Language English  

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