China and the WTO : why multilateralism still matters / Petros C. Mavroidis and André Sapir.
Mavroidis, Petros C. author.; Sapir, André author.
2021
HF3836.5 .M38 2021 (Map It)
Available at 4th Floor

Items

Details

Author Mavroidis, Petros C. author.
Title China and the WTO : why multilateralism still matters / Petros C. Mavroidis and André Sapir.
Published Princeton, New Jersey : Princeton University Press, [2021]
Call Number HF3836.5 .M38 2021
ISBN 0691206597
9780691206592 (hardcover)
Description xv, 242 pages ; 25 cm
System Control No. (OCoLC)1151067667
Summary China's accession to the World Trade Organization (WTO) in 2001 was rightly hailed as a huge step forward in international cooperation. However, China's participation in the WTO has been anything but smooth, with China alienating some of its trading partners, particularly the United States. The mismatch between the WTO framework and China's economic model has undermined the WTO's ability to mitigate tensions arising from China's size and rapid growth. What has to change? China and the WTO demonstrates that unilateral pressure, by the United States and others, is not the answer. Instead, Petros Mavroidis and André Sapir show that if the WTO enacts judicious reforms, it could induce China's cooperation, leading to a renewed confidence in the WTO system. The WTO and its predecessor, the General Agreement on Tariffs and Trade, are predicated on liberal domestic policies. They managed the previous accessions of socialist countries and big trading nations, but none were as large or powerful as China. Mavroidis and Sapir contend that for the WTO to function smoothly and accommodate China's unique geopolitical position, it needs to translate some of its implicit principles into explicit treaty language. To make their point, they focus on two core complaints--that Chinese state-owned enterprises (SOEs) benefit from unfair trade advantages, and that domestic companies, private as well as SOEs, impose forced technology transfer on foreign companies as a condition for accessing the Chinese market--and they lay out specific proposals for WTO reforms. In an age of global trade disputes, China and the WTO offers a timely exploration of unprecedented challenges to the current multilateral system and fresh ideas for lasting solutions.
Bibliography, etc. Note Includes bibliographical references (pages 219-229) and index.
Record Appears in Onsite Print Resources
Shared Records
All Resources
Variant Title China and the World Trade Organization
Added Author Sapir, André author.
Introduction
1. The rise and rise of China : (and what should be done about it)
2. Complaints against China : (euphoria exits and dysphoria enters)
3. Dealing with heterogeneity in the GATT/WTO : lessons from the past for China
4. Unilateral responses do not work
5. Staying idle is no solution
6. The way forward
7. The time is now
Concluding remarks : this time it is different indeed.

Browse Subjects

Show more subjects...