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...

This presentation reviews the following topics: China in the world economy; industrial performance and competitiveness of China; features of trade of major Asian economies and preliminary exploration of regional trade agreement among China, Japan and Korea; globalization and regionalism in a global...

There are currently several ideas on the table for a climate treaty post-Kyoto. We consider the impact on China of three ideas: a cap on the CO2 intensity, a cap on the CO2 level, and a cap on the CO2 intensity in key sectors. We find that a cap on the CO2 intensity gives large environmental...

This paper analyses the impact on China's economy from its accession to the WTO. Using a two-region Chinese CGE model, the analysis shows the gains China would derive from a more efficient allocation of resources and from the elimination of MFA quota. It also indicates that the gains are...

This insightful book collects empirical analyses and case studies to clarify issues and draw policy recommendations for facilitating greater regional trade through increased cooperation.

The latest versions of the Global Trade Analysis Project database and the <sc>Linkage</sc> model of the global economy (projected to 2015) are used to estimate the impact of removing all merchandise trade distortions (including agricultural subsidies). Results suggest that a move to free merchandise...

The Uruguay Round agreement on agriculture was a milestone, bringing this important sector under the disciplines from which it had escaped in the early days of the GATT. The agreement limits the distortions that countries may impose on: market access, on export subsidization and domestic...