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Policymakers increasingly view China’s rapidly growing wealth as a threat. China currently ranks second, or perhaps even first, in the world in gross domestic product (although 78th in per capita GDP), and the fear is that China will acquire military prowess commensurate with its wealth and...
Persistent link: https://www.econbiz.de/10013226955
We review theoretical and empirical work on the economic effects of the United States and China trade relations during the last decades. We first discuss the origins of the China shock, its measurement, and present methods used to study its economic effects on different outcomes. We then focus...
Persistent link: https://www.econbiz.de/10013361989
There is an emerging consensus among American politicians and many citizens that trade and globalization have undermined America's working class, resulting in a rise in U.S. populism. This view frequently targets the 2000 U.S. law that granted China “permanent normal trade relations” (PNTR)...
Persistent link: https://www.econbiz.de/10012827394
This article focuses on the potential trade spillovers of Chinese policies to maintain employment and discusses how nations might work collaboratively at the WTO to address this problem. Chinese leaders are determined to maintain employment and have long ignored Chinese employment laws (as well...
Persistent link: https://www.econbiz.de/10014189401
In this article, I focus on the potential trade spillovers of Chinese policies to maintain employment. Chinese leaders are determined to maintain employment and have long ignored employment laws that could empower workers. But in 2007, China reformed its labor laws and allowed wide public...
Persistent link: https://www.econbiz.de/10009188920
The new global projects put forward by China such as the Silk Road Economic Belt and the 21st Century Maritime Silk Road, which combined make up the One Belt - One Road (OBOR) initiative, create new opportunities for developing of Georgia's economy. Georgia finds its place in one of the...
Persistent link: https://www.econbiz.de/10012931671
The start of the USA – China trade dispute was given on July 6, 2018 – when the United States introduced an additional 25% ad valorem duty on $34 billion of Chinese imports. The official reasons, mentioned in a Statement by the President, were to prevent the unfair transfers of U.S....
Persistent link: https://www.econbiz.de/10013250235
Persistent link: https://www.econbiz.de/10012916378
Promising growth rates, increased trade, and competition among major global players for African resources have boosted the development and bargaining power of sub-Saharan Africa (SSA) in relation to the EU. However, Africa's least developed countries remain vulnerable to external shocks....
Persistent link: https://www.econbiz.de/10010293533
Promising growth rates, increased trade, and competition among major global players for African resources have boosted the development and bargaining power of sub-Saharan Africa (SSA) in relation to the EU. However, Africa's least developed countries remain vulnerable to external shocks....
Persistent link: https://www.econbiz.de/10014216847