This publication presents a synthesis of the main findings and policy recommendations of China in the World Economy: Domestic Policy Challenges. After more than two decades of progress in market reforms and trade and investment liberalisation, the entry of China into the World Trade Organisation...

This book analyses the domestic policy challenges facing China in the context of trade and investment liberalisation. The entry of China into the WTO marks a new era for its integration into the world economy. Drawing on the experiences of OECD members over the past 50 years, and the...

Faced with increased unemployment, declining productivity and weak public finances, most OECD countries have adopted policies of fiscal consolidation and structural reform in goods, labour and financial markets. Price stability is now at hand, but progress in improving fiscal positions has been...

The trade liberalisation agreements signed between the European Union and the southern Mediterranean countries carry risks as well as benefits. They reveal structural weaknesses in the partner countries, including continued rent seeking, market segmentation, a weak modern private sector and...

International competition, accelerating technological change and shifting societal concerns are important drivers of structural change, both within and across firms, industries and regions. As well as bringing undoubted opportunities, structural adjustment raises acute challenges. This must be...