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Vertical Specialization and Trade Surplus in China

Vertical Specialization and Trade Surplus in China
A Book

by Wang Wei

  • Publisher : Elsevier
  • Release : 2013-05-09
  • Pages : 204
  • ISBN : 0857094475
  • Language : En, Es, Fr & De
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The traditional flow of goods from primary production through to manufacturing and consumption has expanded across international borders conterminously with globalization. Vertical specialization (VS) in processing and manufacturing in China has driven export growth. In particular, intra-industry and intra-product trade between China, the US and East Asia has increased China’s trade surplus over the long term. Vertical Specialization and Trade Surplus in China aims to measure the level of VS in the Chinese manufacturing industry to provide a more accurate representation of China’s trade surplus, and gives empirical analysis on provinces and products with important VS activities in order to assess China’s trade value-added. Exploring the vertical division of labour, and foreign direct investment (FDI) driving China’s import and export imbalance, the book is divided into eight chapters, each covering an aspect of VS in China. The first chapter outlines the aims and method of the study. Chapter two covers VS trade pattern and trade surplus. Chapter three looks at FDI and the import and export imbalance, and chapter four covers the relationship between VS and import and export of foreign invested enterprises. The fifth chapter considers the causes and prospects for growth in China-US and China-Japan trade. Chapters six and seven give an empirical analysis of VS and trade surplus, and a breakdown of VS per industry in China’s provinces. Finally, chapter eight considers rebalancing imports and exports in China. Measures VS across China including the developed provinces based on the newest input-output table Presents the main provinces and products closely related to VS Gives evidence on global VS trade patterns from China’s national data

Dragon Versus Eagle

Dragon Versus Eagle
The Chinese Economy and U.S.-China Relations

by Wei-Chiao Huang

  • Publisher : W.E. Upjohn Institute
  • Release : 2012
  • Pages : 210
  • ISBN : 0880994053
  • Language : En, Es, Fr & De
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Achieving Inclusive Growth in China Through Vertical Specialization

Achieving Inclusive Growth in China Through Vertical Specialization
A Book

by Wei Wang

  • Publisher : Chandos Publishing
  • Release : 2016-03-17
  • Pages : 376
  • ISBN : 0081006284
  • Language : En, Es, Fr & De
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Vertical Specialization and Inclusive Growth in China discusses the two interrelated developments that have transformed the Chinese economy in recent years. First, the global community has increased calls to foster inclusive economic growth, with China embracing this trend. Second, the explosive growth in China’s trade resulting from international vertical specialization production and trade networks which has complicated the notion of inclusive growth in the Chinese context. This book assesses these two trends quantitatively, giving evidence of the link between vertical specialization and inclusive growth, and then decomposing the inclusive growth effects of vertically specialized trade into six components: GDP growth, export growth, FDI, environment, employment, and innovation. It further explores the differing impact of conventional trade and processing trade on inclusive growth, providing direction for future policy. This second book by the author to consider vertical specialization stresses the importance of integration in driving inclusive growth. Argues that inclusive growth and vertical specialization analyses must be performed together Gives quantitative evidence for the link between vertical specialization and inclusive growth in China Investigates the different impact of conventional trade and processing trade on transition to inclusive growth in China, using comparative analysis techniques Offers insight on forming future policy in China to increase inclusive growth

Local Consumption and Global Environmental Impacts

Local Consumption and Global Environmental Impacts
Accounting, Trade-offs and Sustainability

by Kuishuang Feng,Klaus Hubacek,Yang Yu

  • Publisher : Routledge
  • Release : 2019-08-13
  • Pages : 118
  • ISBN : 1317577280
  • Language : En, Es, Fr & De
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This book describes how local consumption, particularly in urban areas, is increasingly met by global supply chains. These supply chains often extend over large geographical distances and have greater global environmental impacts, contributing to pollution, climate change, water scarcity, and deforestation. As consumption is increasingly met by globalized supply chains, causing social, economic, and environmental impacts elsewhere, consumption decisions can unknowingly contribute and reinforce global inequality and exploitation. To account for the impacts of consumption and distribution of wealth we need to analyze global supply and value chains. In this volume, the authors provide an overview of key methods of analysis, including Multi-Regional Input-Output analysis and Life Cycle Assessment. Subsequent chapters connect local consumption to the global consequences of different environmental issues, such as water and land use and stress, greenhouse gases emissions, and other forms of air pollution. Each issue is addressed in an individual chapter, including case studies from China, U.S. and UK. The book will be key reading for students taking courses in environmental sciences, sustainability sciences, ecological economies, and geography.

The Future of Asian Trade and Growth

The Future of Asian Trade and Growth
Economic Development with the Emergence of China

by Linda Yueh

  • Publisher : Routledge
  • Release : 2009-12-16
  • Pages : 464
  • ISBN : 1134207581
  • Language : En, Es, Fr & De
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This book presents a comprehensive analysis of current trends of trade and economic growth in Asia, assessing how they are likely to develop in the future. It examines the evolving patterns of Asian economic development with the emergence of China, including since China’s accession to the World Trade Organisation (WTO) in 2001. It is written by experts specialising in economic growth and regional and global trade/investment issues, alongside country specialists who have examined the development path of Asian economies. It discusses the significance of a export-oriented growth strategy on the Asian region, and the likely patterns of intra-regional specialisation given China’s rise. The book examines the degree to which the remarkable growth of China is likely to affect other Asian countries in terms of global market share, and growth prospects. The book explores how the rise of intra-industry trade is affecting patterns of specialisation in the region, and appraises the role of multinational corporations and foreign direct investment. Informed by the latest empirical economic thinking, this book is a rigorous examination of the influence of an emerging economic superpower, and the future for economic growth in Asia. Readers interested in the implications of the rise of China, the effect on the economic development path of the most successful developing nations of our time and the lessons to be heeded from China’s integration with the global economy will find this a thorough yet accessible account of the influence of an emerging economic superpower.

From Trade Surplus to the Dispute Over the Exchange Rate

From Trade Surplus to the Dispute Over the Exchange Rate
Quantitative Analysis of RMB Appreciation

by Li Xin,Dianqing Xu

  • Publisher : World Scientific
  • Release : 2016
  • Pages : 473
  • ISBN : 9814723967
  • Language : En, Es, Fr & De
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On China's Trade Surplus

On China's Trade Surplus
A Book

by Tao Yuan

  • Publisher : Springer Science & Business Media
  • Release : 2013-07-19
  • Pages : 96
  • ISBN : 3642389252
  • Language : En, Es, Fr & De
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China’s trade surplus is an essential question, but there are many popular misconceptions about it, a fact that prompted the creation of this book, On China's Trade Surplus. It will help readers to understand the manner in which China’s foreign trade and China’s role in global trade have developed, and to how to benefit from trade with China. In this book, many hot topics are analyzed, such as: What promotes China’s trade surplus? Why doesn’t it have a trade deficit? What are the relations between trade frictions and China’s trade surplus, and how can trade frictions be reduced? What is the deeper meaning of the U.S. trade deficit with China?

China's WTO Accession Reassessed

China's WTO Accession Reassessed
A Book

by Wang Luolin

  • Publisher : Routledge
  • Release : 2015-02-20
  • Pages : 580
  • ISBN : 131763666X
  • Language : En, Es, Fr & De
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China's accession to the World Trade Organisation in 2001 was a highly significant event both for China and for the wider world. This book argues that, although at the time some people doubted the likely benefits, China's WTO accession has been highly successful. It discusses how China has abided by its commitment to WTO terms and how WTO membership has contributed to China's reform and opening up; explores how vastly increased co-operative exchange with many countries around the world has been mutually beneficial in a range of fields including trade, science and culture; and shows how China's WTO membership has been a great stimulus both for China's economy and the world economy. The book considers the subject from a number of perspectives, and draws out lessons for future reform and development for China, and for China's relations with the rest of the world, emphasising the need to maintain a win-win approach.

Changing Patterns of Global Trade

Changing Patterns of Global Trade
A Book

by Nagwa Riad,Mr. Luca Errico,Christian Henn,Christian Saborowski,Mika Saito,Mr. Jarkko Turunen

  • Publisher : International Monetary Fund
  • Release : 2012-01-15
  • Pages : 87
  • ISBN : 1463973101
  • Language : En, Es, Fr & De
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Changing Patterns of Global Trade outlines the factors underlying important shifts in global trade that have occurred in recent decades. The emergence of global supply chains and their increasing role in trade patterns allowed emerging market economies to boost their inputs in high-technology exports and is associated with increased trade interconnectedness.The analysis points to one important trend taking place over the last decade: the emergence of China as a major systemically important trading hub, reflecting not only the size of trade but also the increase in number of its significant trading partners.

Trade Patterns and Global Value Chains in East Asia

Trade Patterns and Global Value Chains in East Asia
From Trade in Goods to Trade in Tasks

by World Trade Organization

  • Publisher : Unknown Publisher
  • Release : 2011
  • Pages : 128
  • ISBN : 9876543210XXX
  • Language : En, Es, Fr & De
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The increasing internationalization of supply chains is challenging our interpretation of conventional trade statistics, as traditional concepts such as country of origin or the distinction between goods and services become blurred. This publication, jointly produced by the WTO and the Institute of Developing Economies-Japan External Trade Organization (IDE-JETRO), focuses on the factors that have helped to shape global productions.

Shifts in U.S. Merchandise Trade 2007, Inv. 332-345

Shifts in U.S. Merchandise Trade 2007, Inv. 332-345
A Book

by Anonim

  • Publisher : DIANE Publishing
  • Release : 2021
  • Pages : 129
  • ISBN : 1457817179
  • Language : En, Es, Fr & De
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China and India

China and India
A Tale of Two Economies

by Dilip K. Das,Economic Analysis and Research Division Dilip K Das, P.E.

  • Publisher : Routledge
  • Release : 2007-01-24
  • Pages : 224
  • ISBN : 1134134932
  • Language : En, Es, Fr & De
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The economies of the People’s Republic of China and India are emerging-market economies, which account for more than a third of the global population. These two economies share many similarities in that they are large populous neighbours, who were regarded as abjectly poor countries until the 1980s and both are ancient cultures which has both advantages and disadvantages for economic development. However, their political systems are very different. While India is an open democratic society, China is a closed society run in an authoritarian manner by the Chinese Communist Party. This dissimilarity impacts on the economic decision making process in the two economies. This book is the first to systematically compare and contrast the two economies. It takes an objective and dispassionate view and delves into the constructive and favourable side as well as adverse and unfavourable side of the two economies. Written in a comprehensive and authoritative manner, it covers large areas of the two economies, including trade and financial sectors. It also includes other important relevant facets of the two economies.

Asia Beyond the Global Economic Crisis

Asia Beyond the Global Economic Crisis
The Transmission Mechanism of Financial Shocks

by Satoshi Inomata

  • Publisher : Edward Elgar Publishing
  • Release : 2011-01-01
  • Pages : 224
  • ISBN : 0857930508
  • Language : En, Es, Fr & De
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The characteristic feature of the recent Global Economic Crisis is the speed and extent of the shock transmission. The development of cross-national production networks in recent years has significantly deepened the economic interdependency between countries, and a shock that occurs in one region can be swiftly and extensively transmitted to the rest of the globe. The sudden contraction of world trade and output is a negative outcome of this intertwined global economic system. Based on the method known as international input-output analyses, this book provides a detailed examination of the mechanics of shock transmission by probing the labyrinth of complex supply networks among nations.

The Great Trade Collapse: Causes, Consequences and Prospects

The Great Trade Collapse: Causes, Consequences and Prospects
A Book

by Richard E. Baldwin

  • Publisher : CEPR
  • Release : 2009
  • Pages : 237
  • ISBN : 1907142061
  • Language : En, Es, Fr & De
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Global Economic Crisis

Global Economic Crisis
Impacts, Transmission and Recovery

by Maurice Obstfeld,Dongchul Cho,Andrew Mason

  • Publisher : Edward Elgar Publishing
  • Release : 2012-01-01
  • Pages : 304
  • ISBN : 178100630X
  • Language : En, Es, Fr & De
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In 2008, the global economy experienced the most severe crash since World War II. A sharp collapse in international trade followed, leaving no country on the globe immune to a sequence of economic shocks. This timely book explores many of the key issues raised in the wake of the global economic crisis and provides an in-depth analysis of crisis transmission to emerging markets. The expert contributors compare the recent crisis with earlier crises, explore international aspects of the crisis from the perspectives of markets and trade, and examine macroeconomic policy responses. In so doing, they address important questions including: How did this crisis differ from those suffered previously? How and why did flaws in financial markets contribute to the crisis? How important were global imbalances and global overheating in explaining the global meltdown? Did different pre-crisis fundamentals generate different post-crisis performances? And, how severe were the economic shocks to countries such as Korea and other emerging economies? Academics, students and policymakers in the fields of economics, international economics, finance money and banking and Asian studies will find this book to be a thought-provoking and stimulating read.

Sino-Latin American Economic Relations

Sino-Latin American Economic Relations
A Book

by K.C. Fung,Alicia Garcia Herrero

  • Publisher : Routledge
  • Release : 2012-01-30
  • Pages : 320
  • ISBN : 1136503757
  • Language : En, Es, Fr & De
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This book analyses the economic and policy relationships between China and Latin America. Key issues covered by the contributors include international trade and direct investment, empirical analysis of the complementary and intra-industry trade nature of Latin American and Chinese trade, the comparison of the production and trade of parts and components in East Asia and in Latin America and an examination of policy issues such as policies towards small and medium sized enterprises as well as pension reforms.

Outsourcing Economics

Outsourcing Economics
Global Value Chains in Capitalist Development

by William Milberg,Deborah Winkler

  • Publisher : Cambridge University Press
  • Release : 2013-04-29
  • Pages : 349
  • ISBN : 1107026997
  • Language : En, Es, Fr & De
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Outsourcing Economics has a double meaning. First, it is a book about the economics of outsourcing. Second, it examines the way that economists have understood globalization as a pure market phenomenon, and as a result have 'outsourced' the explanation of world economic forces to other disciplines. Markets are embedded in a set of institutions - labor, government, corporate, civil society, and household - that mold the power asymmetries that influence the distribution of the gains from globalization. In this book, William Milberg and Deborah Winkler propose an institutional theory of trade and development starting with the growth of global value chains - international networks of production that have restructured the global economy and its governance over the past twenty-five years. They find that offshoring leads to greater economic insecurity in industrialized countries that lack institutions supporting workers. They also find that offshoring allows firms to reduce domestic investment and focus on finance and short-run stock movements.

China and India in the Age of Globalization

China and India in the Age of Globalization
A Book

by Shalendra D. Sharma

  • Publisher : Cambridge University Press
  • Release : 2009-07-20
  • Pages : 321
  • ISBN : 0521515718
  • Language : En, Es, Fr & De
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This book explores how the interplay of socio-historical, political, and economic forces has transformed China and India into economic powerhouses.

Regional Economic Outlook, April 2007, Asia and Pacific

Regional Economic Outlook, April 2007, Asia and Pacific
A Book

by International Monetary Fund. Asia and Pacific Dept

  • Publisher : International Monetary Fund
  • Release : 2007-04-12
  • Pages : 87
  • ISBN : 1589066413
  • Language : En, Es, Fr & De
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The recent economic and financial developments and trends in Asia and the Pacific are examined in this latest REO, including issues related to Asia’s trade performance, notably in the high-tech sector, and the February-March bout of turbulence in the region’s financial markets. The near-term outlook, key risks, and their related policy challenges are analyzed throughout, as well as in special chapters that look more closely at the evolving nature of capital inflows, housing market developments, and the impact of commodity price booms on lower-income economies.

China's Integration with the Global Economy

China's Integration with the Global Economy
WTO Accession, Foreign Direct Investment and International Trade

by Chunlai Chen

  • Publisher : Edward Elgar Publishing
  • Release : 2009-01-01
  • Pages : 238
  • ISBN : 1848449097
  • Language : En, Es, Fr & De
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This comprehensive collection provides a remarkable wealth of information and a timely assessment of China's economic development and integration with the global economy after WTO accession. Chunlai Chen brings together a distinguished group of scholars who employ economic theories, econometric modelling techniques and the latest statistics to analyze many important issues. These hotly debated topics include China's economic growth, international trade, regional trade arrangements, foreign direct investment, banking sector liberalization, exchange rate reform, agricultural trade and energy demand. Aimed at an international audience, this highly focused book will be of great benefit to academics and postgraduate students involved in Chinese economy and business studies, as well as researchers in international trade and foreign investment.--Publisher.