商家名称 | 信用等级 | 购买信息 | 订购本书 |
China and the WTO: Changing China, Changing World Trade | |||
China and the WTO: Changing China, Changing World Trade |
Nov 30, 2001 - Come end of this year, China will become the 143rd member to join the Geneva-based Word Trade Organization. Like a bride about to be unveiled at a wedding ceremony, governments round the world await with bated breath to get their first glimpse of this enigmatic newcomer.
What are the implications and challenges for the world trading order at a moment when free trade and the promise of globalization are under extraordinary stress? A new book co-authored by the WTO's future director-general, Dr Supachai Panitchpakdi, China and the WTO: Changing China, Changing World Trade, published by John Wiley & Sons, examines what lies ahead for this populous country and for the rest of the world.
The authors, Dr Supachai Panitchpakdi and Mark Clifford, give a critique of the world trading system and offer suggestions for reforms. They analyze the impact of China's entry into the WTO from Asia's, as well as China's, point of view. China's rapid economic growth holds out the promise of more buoyant growth for the region. With the September 11 attacks causing global political and economic confusion, coupled with Beijing's successful bid for the 2008 Olympics, China is poised to take its place amongst the world's economic powerhouses. But it also gives rise to a potential backlash, as China lures foreign investment away from other countries, particularly those in Asia. On the other hand, China's WTO membership will force it to live up to the standards and requirements of the international body dealing with the global rules of trade between the nations. Challenges lie ahead, ranging from rising unemployment and industrial disruption to much needed political reform and improvements in human rights.
Through these issues, the authors take a step back and ponder the future role of the WTO and its current shortcomings as well the implications of the Chinese entry for the USA, Europe and other parts of the world. Nothing is sacrosanct in the book. The authors don't shy away from the hard issues, such as political reform and human rights, that China must resolve as it continues its long march toward modernity.
China and the WTO: Changing China, Changing World Trade has already won advance praise from 2001 Nobel Laureate in Economics, Joseph Stiglitz, and former US Undersecretary of Commerce for International Trade (1993-95), Jeffrey E. Garten. Mr. Garten notes, "If you want to appreciate the political, economic and social earthquake that will occur as China enters the World Trade Organization, you'll need to understand not only what will happen inside China, but what the implications will be for world trade, the WTO, East Asia, and globalization itself".
Certainly, businesspeople in Asia and the trade policy community would not want to give this important publication a miss.