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.
| ISBN: | 9781138371248 |
| Publication date: | 23rd August 2018 |
| Author: | A S Bhalla, Shufang Qiu, S Qiu |
| Publisher: | Routledge an imprint of Taylor & Francis Ltd |
| Format: | Paperback |
| Pagination: | 224 pages |
| Series: | Routledge Studies on the Chinese Economy |
| Genres: |
International economics Interdisciplinary studies Sociology: work and labour |
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.
The Employment Impact of China's WTO Accession features in the following genres: International economics, Interdisciplinary studies, Sociology: work and labour
The Employment Impact of China's WTO Accession is available in Paperback, Hardback
The Employment Impact of China's WTO Accession was written by A S Bhalla, Shufang Qiu, S Qiu and published by Routledge an imprint of Taylor & Francis Ltd
The Employment Impact of China's WTO Accession has 224 pages
Yes it is part of Routledge Studies on the Chinese Economy series
£44.09