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The unilateral and regional (ASEAN) trade and investment liberalizations pursued by the Lao PDR during the past few years have begun transforming the economy. The next logical step is to join the World Trade Organization, an application for which was submitted in 1998. The WTO legal bindings will give traders and investors increased confidence in the Lao reform programme. This book outlines what the WTO accession process involves, what policies the Lao Government will have to change, and what the economic effects will be, particularly on rural development.
The unilateral and regional ASEAN and now APEC) trade and investment liberalizations pursued by Vietnam during recent years have begun transforming the economy. The next logical step is to join the World Trade Organization, an application for which was submitted in 1995. The WTO legal bindings will give traders and investors increased confidence in the reform programme. This book outlines what the WTO accession process involves, what policies Vietnam will have to change, and what the economic effects will be, particularly on rural development.
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 must understand the range and nature of the policy changes required by accession, their implications for the economy, and the availability and effects of supporting policies. 'China and the WTO' analyzes the nature of the reforms involved in China's accession to the WTO, assesses their implications for the world economy, and examines the implications for individual households, particularly the poor. Its key objective is to provide the information that will allow policy makers to implement WTO commitments and formulate supporting policies to contribute strongly to economic development and poverty reduction. Individual chapters by leading scholars analyze the nature of the reforms in key areas, such as agriculture, services, intellectual property and safeguards and anti-dumping. These chapters form the building blocks for later chapters which analyze the implications of reform for the economy. The book also includes a series of studies that assess the implications for households, taking into account the social safety net policies applying in China, and the impacts of complementary policies in areas such as labor market reform and investments in human capital. Of interest to policymakers, academe and students studying international trade issues and to practitioners in the area of trade and development, 'China and the WTO' is a valuable addition to the wealth of information provided by the World Bank Trade and Development Series.
This article discusses the unparalleled economic, legal and political change that has confronted China during WTO accession. The article focuses on the relationship between China's unique WTO accession process and China's reform over the past two decades. WTO accession has acted as a lever for economic and legal reform by locking in reform and making it irrevocable. The article begins with a historical background of China's long road to accession and the way that this process worked to further the previously instated economic reform program. Next, it analyzes the manner in which WTO accession has initiated profound legal reform. The final section of the article discusses the effects of adhering to WTO-related obligations on the future of political reform, and suggests that the resulting weakened control of the Communist Party may ultimately lead either to continued growth and political liberalization or mass unrest and a backlash of government repression.
Laos has the smallest population, the weakest military, and despite rapid economic growth in recent years, one of the lowest levels of per capita income in mainland Southeast Asia. Yet a glance at the map reveals its strategic location, between China and Cambodia and Thailand and Vietnam. As Laos was formerly a crossroads for trade routes, the socialist government of the Lao People’s Democratic Republic seeks to transform the country into a prosperous crossroads at the heart of this rapidly developing region. Historical Dictionary of Laos, Fourth Edition provides an in-depth examination of one of the least-known countries in Southeast Asia through a detailed chronology, comprehensive introduction, and extensive bibliography. The dictionary section has more than 1,000 cross-referenced entries on important personalities, as well as aspects of the country’s politics, economy, foreign relations, religion, and culture. This book will be an excellent resource for students, researchers, and anyone wanting to know more about Laos.
The Economics discipline at the University of Adelaide has a distinguished 100 year history of which the University and the State of South Australia can be proud. Very few other departments, of any discipline in Australian universities, could claim to have a majority of its lecturer appointments rising to full Professor status over a period as long as 1901 to 1995. Nor would many other university departments be able to say they have had five of their graduates win Rhodes Scholarships in the past 12 years.
Provides a broad overview of economic and social developments in the countries covered (Brunei Darussalam, Cambodia, China, Hong Kong, Indonesia, Japan, Lao, Malaysia, Myanmar, North Korea, The Philippines, Singapore, South Korea, Taiwan, Thailand, Viet Nam).
An introduction to the geography, history, government, people, and economy of Laos.