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 once booming dynamic economies in Asia were drawn into a whirlpool of business failures and economic devastation following the flotation of the Thai baht in July 1997, and the consequent collapse of asset prices and currency depreciations in several East Asian countries. High growth in these...

OECD's 2000 review of regulatory reform in Korea. It finds that at the end of 1997, Korea suffered one of the worst economic crises ever experienced by an OECD country. An ambitious programme of regulatory, financial, and structural reforms, among the most far-reaching efforts at reform of...