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Book Long run Impacts of China s WTO Accession on Farm nonfarm Income Inequality and Rural Poverty

Download or read book Long run Impacts of China s WTO Accession on Farm nonfarm Income Inequality and Rural Poverty written by Kym Anderson and published by World Bank Publications. This book was released on 2003 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: Abstract: Many fear China's accession to the World Trade Organization (WTO) will impoverish its rural people by way of greater import competition in its agricultural markets. Anderson, Huang, and Ianchovichina explore that possibility bearing in mind that, even if producer prices of some (land-intensive) farm products fall, prices of other (labor-intensive) farm products could rise. Also, the removal of restrictions on exports of textiles and clothing could boost town and village enterprises, so demand for unskilled labor for nonfarm work in rural areas may grow even if demand for farm labor in aggregate falls. New estimates, from the global economywide numerical simulation model known as GTAP, of the likely changes in agricultural and other product prices as a result of WTO accession are drawn on to examine empirically the factor reward implications of China's WTO accession. The results suggest farm-nonfarm and Western-Eastern income inequality may well rise in China but rural-urban income inequality need not. The authors conclude with some policy suggestions for alleviating any pockets of farm household poverty that may emerge as a result of WTO accession. This paper"a product of the Economic Policy Division, Poverty Reduction and Economic Management Network"is part of a larger effort in the network to assess the impact of China's WTO accession.

Book Long Run Impacts of China s WTO Accession on Farm Nonfarm Income Inequality and Rural Poverty

Download or read book Long Run Impacts of China s WTO Accession on Farm Nonfarm Income Inequality and Rural Poverty written by Elena Ianchovichina and published by . This book was released on 2016 with total page 33 pages. Available in PDF, EPUB and Kindle. Book excerpt: Many fear China's accession to the World Trade Organization (WTO) will impoverish its rural people by way of greater import competition in its agricultural markets. Anderson, Huang, and Ianchovichina explore that possibility bearing in mind that, even if producer prices of some (land-intensive) farm products fall, prices of other (labor-intensive) farm products could rise. Also, the removal of restrictions on exports of textiles and clothing could boost town and village enterprises, so demand for unskilled labor for nonfarm work in rural areas may grow even if demand for farm labor in aggregate falls. New estimates, from the global economywide numerical simulation model known as GTAP, of the likely changes in agricultural and other product prices as a result of WTO accession are drawn on to examine empirically the factor reward implications of China's WTO accession. The results suggest farm-nonfarm and Western-Eastern income inequality may well rise in China but rural-urban income inequality need not. The authors conclude with some policy suggestions for alleviating any pockets of farm household poverty that may emerge as a result of WTO accession.This paper - a product of the Economic Policy Division, Poverty Reduction and Economic Management Network - is part of a larger effort in the network to assess the impact of China's WTO accession.

Book Labor Market Distortions  Rural urban Inequality  and the Opening of People s Republic of China s Economy

Download or read book Labor Market Distortions Rural urban Inequality and the Opening of People s Republic of China s Economy written by Thomas Warren Hertel and published by World Bank Publications. This book was released on 2004 with total page 41 pages. Available in PDF, EPUB and Kindle. Book excerpt: The authors find that reform of the Hukou system has the most significant impact on aggregate economic activity, as well as income distribution. Whereas the land market reform primarily benefits the agricultural households, this reform's primary beneficiaries are the rural households currently sending temporary migrants to the city. By reducing the implicit tax on temporary migrants, Hukou reform boosts their welfare and contributes to increased rural-urban migration. The combined effect of both factor market reforms is to reduce the urban-rural income ratio dramatically, from 2.59 in 2007 under the authors' baseline scenario to 2.27. When viewed as a combined policy package, along with WTO accession, rather than increasing inequality in China, the combined impact of product and factor market reforms significantly reduces rural-urban income inequality. This is an important outcome in an economy currently experiencing historic levels of rural-urban inequality"--Abstract.

Book Agriculture and Food Security in China

Download or read book Agriculture and Food Security in China written by Chunlai Chen and published by ANU E Press. This book was released on 2008-06-01 with total page 440 pages. Available in PDF, EPUB and Kindle. Book excerpt: China's accession to the World Trade Organization (WTO) has had profound consequences for the structure of its economy, and there will many more before the full benefits of an open trading regime will be realised. AGRICULTURE AND FOOD SECURITY IN CHINA explains the background to China's WTO accession and links accession to reforms beginning as far back as 1979. The book highlights China's policymakers' decision to move away from protectionism and grain self-sufficiency and illustrates how China's step away from direct participation in the agricultural sector to indirect regulatory involvement and liberalisation could encourage further economic growth. Yet not all economic growth is cost-free. AGRICULTURE AND FOOD SECURITY IN CHINA explores the short-term impacts of WTO accession as well as the mid and long-term implications of greater market involvement at an economy-wide and regional level. Growing divides between coastal and inland regions - and differences in rural and urban growth - will require a better understanding of the consequences of greater market dependency. AGRICULTURE AND FOOD SECURITY IN CHINA adds to the existing knowledge of China's agricultural growth as well as the impacts and interrelationships between WTO accession and China's participation in other regional free trade agreements.

Book Will China s WTO Accession Worsen Farm Household Incomes

Download or read book Will China s WTO Accession Worsen Farm Household Incomes written by Kym Anderson and published by . This book was released on 2005 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Many fear China's accession to the World Trade Organization (WTO) will impoverish its farmers via greater import competition in its agricultural markets. We explore that possibility bearing in mind that, even if producer prices of some (land-intensive) farm products fall, prices of other (labor-intensive) farm and nonfarm products could rise. New estimates, from the global, economy-wide numerical simulation model known as Global Trade Analysis Project (GTAP), of the likely changes in agricultural and other product prices as a result of WTO accession, are drawn on to examine empirically the real income implications of China's WTO accession. The results suggest farm-nonfarm income inequality may well rise within China but rural-urban income inequality need not. The article concludes with some policy suggestions for alleviating any pockets of farm household poverty that may emerge as a result of WTO accession.

Book China s Rural Economy after WTO

Download or read book China s Rural Economy after WTO written by Aimin Chen and published by Routledge. This book was released on 2019-05-23 with total page 310 pages. Available in PDF, EPUB and Kindle. Book excerpt: China's Rural Economy after WTO discusses and analyses China's rural sector problems in detail, including the areas of poverty, income inequality, the gender gap, barriers of rural-urban migration, discrimination against rural workers, poor rural governance and the impact of WTO membership. It also tackles the important subjects of inadequate infrastructure and discriminatory credit services. Strategies to modernize China's rural economy are proposed and the relevant experiences and lessons of other countries are analyzed.

Book Household Welfare Impacts of China s Accession to the World Trade Organization

Download or read book Household Welfare Impacts of China s Accession to the World Trade Organization written by Martin Ravallion and published by World Bank Publications. This book was released on 2003 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt: Abstract: Chen and Ravallion use China's national household surveys for rural and urban areas to measure and explain the welfare impacts of the changes in goods and factor prices attributed to WTO accession. Price changes are estimated separately using a general equilibrium model to capture both direct and indirect effects of the initial tariff changes. The welfare impacts are first-order approximations based on a household model incorporating own-production activities and are calibrated to the household-level data imposing minimum aggregation. The authors find negligible impacts on inequality and poverty in the aggregate. However, diverse impacts emerge across household types and regions associated with heterogeneity in consumption behavior and income sources, with possible implications for compensatory policy responses. This paper"a product of the Poverty Team, Development Research Group"is part of a larger effort in the group to assess the household welfare impacts of economywide policy changes.

Book China and the WTO

Download or read book China and the WTO written by Deepak Bhattasali and published by World Bank Publications. This book was released on 2004-07-09 with total page 352 pages. Available in PDF, EPUB and Kindle. Book excerpt: China's accession to the WTO requires a great many specific policy reforms. However, if the best results are to be obtained, it is important that these reforms be implemented as part of a consistent development program, rather than simply by treating them as a recipe. To do this, policy makers must understand the range and nature of the policy changes required by accession, their implications for the economy, and the availability and effects of supporting policies. 'China and the WTO' analyzes the nature of the reforms involved in China's accession to the WTO, assesses their implications for the world economy, and examines the implications for individual households, particularly the poor. Its key objective is to provide the information that will allow policy makers to implement WTO commitments and formulate supporting policies to contribute strongly to economic development and poverty reduction. Individual chapters by leading scholars analyze the nature of the reforms in key areas, such as agriculture, services, intellectual property and safeguards and anti-dumping. These chapters form the building blocks for later chapters which analyze the implications of reform for the economy. The book also includes a series of studies that assess the implications for households, taking into account the social safety net policies applying in China, and the impacts of complementary policies in areas such as labor market reform and investments in human capital. Of interest to policymakers, academe and students studying international trade issues and to practitioners in the area of trade and development, 'China and the WTO' is a valuable addition to the wealth of information provided by the World Bank Trade and Development Series.

Book Impact of China s WTO Accession on Farm nonfarm Income Inequality and Rural Poverty

Download or read book Impact of China s WTO Accession on Farm nonfarm Income Inequality and Rural Poverty written by Kym Anderson and published by . This book was released on 2002 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Labor Market Distortions  Rural Urban Inequality  and the Opening of China s Economy

Download or read book Labor Market Distortions Rural Urban Inequality and the Opening of China s Economy written by Thomas Hertel and published by . This book was released on 2013 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: The authors evaluate the impact of two key factor market distortions in China on rural-urban inequality and income distribution. They find that creation of a fully functioning land market has a significant impact on rural-urban inequality. This reform permits agricultural households to focus solely on the differential between farm and non-farm returns to labor in determining whether to work on or off-farm. This gives rise to an additional 10 million people moving out of agriculture by 2007 and lends a significant boost to the incomes of those remaining in agriculture. This off-farm migration also contributes to a significant rise in rural-urban migration, thereby lowering urban wages, particularly for unskilled workers. As a consequence, rural-urban inequality declines significantly. The authors find that reform of the Hukou system has the most significant impact on aggregate economic activity, as well as income distribution. Whereas the land market reform primarily benefits the agricultural households, this reform's primary beneficiaries are the rural households currently sending temporary migrants to the city. By reducing the implicit tax on temporary migrants, Hukou reform boosts their welfare and contributes to increased rural-urban migration. The combined effect of both factor market reforms is to reduce the urban-rural income ratio dramatically, from 2.59 in 2007 under the authors' baseline scenario to 2.27. When viewed as a combined policy package, along with WTO accession, rather than increasing inequality in China, the combined impact of product and factor market reforms significantly reduces rural-urban income inequality. This is an important outcome in an economy currently experiencing historic levels of rural-urban inequality.

Book China and the Challenge of Economic Globalization

Download or read book China and the Challenge of Economic Globalization written by Hung-Gay Fung and published by Routledge. This book was released on 2017-07-28 with total page 422 pages. Available in PDF, EPUB and Kindle. Book excerpt: First Published in 2006.

Book Labor Market Distortions  Rural Urban Inequality  and the Opening of China s Economy

Download or read book Labor Market Distortions Rural Urban Inequality and the Opening of China s Economy written by Thomas W. Hertel and published by . This book was released on 2016 with total page 41 pages. Available in PDF, EPUB and Kindle. Book excerpt: Hertel and Zhai evaluate the impact of two key factor market distortions in China on rural-urban inequality and income distribution. They find that creation of a fully functioning land market has a significant impact on rural-urban inequality. This reform permits agricultural households to focus solely on the differential between farm and nonfarm returns to labor in determining whether to work on or off-farm. This gives rise to an additional 10 million people moving out of agriculture by 2007 and lends a significant boost to the incomes of those remaining in agriculture. This off-farm migration also contributes to a significant rise in rural-urban migration, thereby lowering urban wages, particularly for unskilled workers. As a consequence, rural-urban inequality declines significantly.The authors find that reform of the Hukou system has the most significant impact on aggregate economic activity, as well as income distribution. Whereas the land market reform primarily benefits the agricultural households, this reform's primary beneficiaries are the rural households currently sending temporary migrants to the city. By reducing the implicit tax on temporary migrants, Hukou reform boosts their welfare and contributes to increased rural-urban migration. The combined effect of both factor market reforms is to reduce the urban-rural income ratio dramatically, from 2.59 in 2007 under the authors' baseline scenario to 2.27.When viewed as a combined policy package, along with WTO accession, rather than increasing inequality in China, the combined impact of product and factor market reforms significantly reduces rural-urban income inequality. This is an important outcome in an economy currently experiencing historic levels of rural-urban inequality.This paper - a product of the Trade Team, Development Research Group - is part of a larger effort in the group to evaluate the poverty impacts of trade policy reforms.

Book Agricultural Policies in China After WTO Accession

Download or read book Agricultural Policies in China After WTO Accession written by and published by OECD Publishing. This book was released on 2002 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: China's entry into the World Trade Organisation (WTO) has brought it unprecedented opportunities and challenges, especially with regards to its agricultural development. This publication presents a number of papers which consider how China can manage its reform process under WTO integration, including issues such as the need to raise farmers' incomes; market integration and pricing structures; the development of the rural areas; the role of education in improving rural livelihoods and redeploying rural labour.

Book Economic Impacts of China s Accession to the World Trade Organization

Download or read book Economic Impacts of China s Accession to the World Trade Organization written by Elena Ianchovichina and published by World Bank Publications. This book was released on 2003 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: Abstract: 1 billion) and trade reforms after accession will lead to additional gains of around : Ianchovichina and Martin present estimates of the impact of accession by China and Chinese Taipei to the World Trade Organization. China is estimated to be the biggest beneficiary, followed by Chinese Taipei and their major trading partners. Accession will boost the labor-intensive manufacturing sectors in China, especially the textiles and apparel sector that will benefit directly from the removal of quotas on textiles and apparel exports to North America and Western Europe. Consequently, developing economies competing with China in third markets may suffer relatively small losses. China has already benefited from the reforms undertaken between 1995 and 2001 (US.

Book China

    Book Details:
  • Author : Ross Garnaut
  • Publisher : ANU E Press
  • Release : 2012-12-01
  • ISBN : 192214455X
  • Pages : 500 pages

Download or read book China written by Ross Garnaut and published by ANU E Press. This book was released on 2012-12-01 with total page 500 pages. Available in PDF, EPUB and Kindle. Book excerpt: Twenty-five years of reform have transformed China from a centrally planned and closed system to a predominantly market-driven and open economy. As a consequence, China is emerging as the new powerhouse for the world economy. China: new engine for world growth discusses the impact and significance of this transformation. It points out risks to the growth process and unfinished tasks of reform. It presents conclusions from recent research on growth, trade and investment, the financial sector, income and regional disparities, industrial location and private sector development.