China`s Integration into the World EconomyImplications for Developing Countries

China`s Integration into the World EconomyImplications for Developing Countries
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中国融入世界经济对发展中国家的影响

DOI:
10.5089/9781451875867.001
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发表时间:
2003
期刊:
Social Science Research Network
影响因子:
--
通讯作者:
Yongzheng Yang
Yongzheng Yang
中科院分区:
--
文献类型:
--
作者:
Yongzheng Yang

文献摘要

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尽管世界其他国家对中国的开放等待了很长时间,但当中国真正开放并开始迅速融入世界经济时,人们的感受是复杂的。随着中国最近加入世界贸易组织(WTO),许多贸易伙伴越来越担心中国在世界商品和资本市场的竞争可能会对他们自己的增长前景产生不利影响。本文从中国长期增长和开放的角度,探讨了中国加入世贸组织对其他发展中国家的影响。文章认为,中国融入世界经济在中短期内将不可避免地给其贸易伙伴带来调整成本,但从长期来看,其带来的好处可能会占主导地位。
Although the rest of the world had waited a long time for China to open up, feelings were mixed when it actually did and began to integrate rapidly with the world economy. With the country`s recent accession to the World Trade Organization (WTO), many of its trading partners are increasingly concerned that China`s competition in the world goods and capital markets may adversely affect their own growth prospects. This paper examines the implications of China`s WTO accession for other developing countries in the context of the country`s long-term process of growth and opening up. The paper argues that China`s integration into the world economy will inevitably impose adjustment costs on its trading partners in the short-to-medium term, but the benefits it generates are likely to dominate in the long run.