SUSTAINABLE ECONOMIC GROWTH WITH WTO ACCESSION IN CHINA
Öz
China’s economy has grown remarkably since its adoption of market-oriented reforms in 1978. This reform movement played an important role in China’s growth prospects, and is expressed in a transformation of its economic structure and economic growth model. The economic growth of China has further increased as a result of its accession to the World Trade Organization (WTO) on 11 December 2001, and through its economic openness. This has brought certain opportunities, but also presents risks. However, there is doubt about the issue of sustainability of China’s long-term economic growth. This paper aims to examine the sources of economic growth in China through the literature on the subject, considering expansion of output, which is the sum of the change in consumption, investment, and net exports of goods and services, and then inward foreign direct investment (FDI), and their status as sources of economic growth. It concludes that despite China’s rapid economic growth, there are a number of structural problems in the country’s economy, as well as future challenges facing China.
Anahtar Kelimeler
Kaynakça
- References
- -Agarwal, James and Wu,Terry (2004). China’s entry to WTO: global marketing issues, impact, and implications for China, International Marketing Review, Vol. 21 No. 3, 279-300, Erişim Tarihi: 14.11.2014, http://econ3.upm.edu.my/kelasmaya/sumberkursus/A01960/MGM4136%20EX/CHINA.pdf
- -Bergsten, C. Fred Lardy, Nicholas R. Mitchell and Derek J. (2008). China’s Rise: Challenges and Opportunities, Washington, DC: Peter G. Peterson Institute.
- -Bhattasali, Deepak Li, and Martin, Will (2004). Impacts and Policy Implications of WTO Accession for China’’, China and the WTO: Accession, Policy Reform and Poverty Reduction Strategies, Washington: World Bank and Oxford University Press.
- -Chen, Chunlai (2011). Foreign direct Investment in China: Location, Determinants, Investor Differences and Economic Impacts, Massachusetts, USA: Edward Elgar Publishing, Inc.
- -China, The First Wave of Reform, 1979-84 (2014), Erişim Tarihi: 02.10.2014, http://lcweb2.loc.gov/cgi-bin/query/r?frd/cstdy:@field(DOCID+cn0305)
- -Chinability (2012). China’s economy in figures, GDP growth in China 1952-2011, Erişim Tarihi: 02.10.2014, http://chinability.com/GDP.htm
- -Ching, H. Steve, Hsiao, Cheng and others.( 2011). Economic Benefits of Globalization: The Impact of Entry to the WTO on China’s Growth, Pasific Economic Review, 16:3, 285-301.
Ayrıntılar
Birincil Dil
İngilizce
Konular
Eğitim Üzerine Çalışmalar
Bölüm
Araştırma Makalesi
Yayımlanma Tarihi
23 Şubat 2015
Gönderilme Tarihi
23 Şubat 2015
Kabul Tarihi
-
Yayımlandığı Sayı
Yıl 2015 Cilt: 14 Sayı: 53
Cited By
Composite Index of the World Economy Technological Core Development: Methodological Framework
Review of Business and Economics Studies
https://doi.org/10.26794/2308-944X-2025-13-3-6-26