Spillover Effects Of China Going Global

by Joseph Pelzman

Overview

When the People's Republic of China (PRC) was granted Most Favored Nation (MFN) status by the United States in 1979, no one imagined the massive transformation the Chinese economy would make within a few decades. China's remarkable transition from merely being a “world factory”, to the source of the world's new R&D and product design and innovation since the 1980s is the key focus of Spillover Effects of China Going Global. In this insightful and unique book, Joseph Pelzman shows how the second largest world economy triggered off many spillover effects beyond mass-labour production of durable and non-durable goods — such as the provision of foreign aid to African, Latin American and Asian economies, and increasing focus on internal endogenous innovation, research and development. He provides a comprehensive look at these spillover effects and analyzes how they will undoubtedly bring positive opportunities for others within the rest of the world in the 21st Century.

Product Details

ISBN-13:	9789814603348
Publisher:	World Scientific Publishing Company, Incorporated
Publication date:	09/21/2016
Pages:	388
Product dimensions:	6.00(w) x 9.00(h) x 0.88(d)

Table of Contents

China's Export Growth: The Evolution from “World Factory” to “Source of Product Design and Innovation”China's Shift from Trade in Goods to Trade in Skills: The Rise in the Value Added Chain; China's use of the Value Added Chain in Outsourcing to Other Developing Countries; China's Growth in Human Capital: The Evolution from Unskilled to a More Productive Labor Force under a Demographic Constraint; China's Growth and its Major Negative Spillover: Environmental Degradation and Pollution; Constraints on China's Growth by Internal Migration Constraints, Urbanization and Supply of Low Wage Labor; China's Achilles Heel: The Overeducated Unemployed: The Pressure to Create High Skilled Employment and avoid the ' Hollowing Out' Problem; China's Growth and its New Foreign Aid Policy in Africa and Latin America: Is the PRC becoming the New Colonial Power?; The Spillover Effects of Internal Foreign and External Domestic Investment Flow: The Flow of Innovation in Capital and Human Capital; China's Ten-Year Experience at the WTO: Antidumping, Countervailing, Safeguards, and Dispute Settlement; China's — US Relations: The Issue of Intellectual Property Rights; China and the Trans-Pacific Partnership (TPP); The Expansion of China Trade Interests in Asia and the Pacific; China's Experience in a Quota-Free World in Textiles and Apparel; China's Growth, Agricultural Trade Reform and Improved Prosperity; Lessons to Others Protecting Agriculture; China's Growth: Lessons to Other Former Communist States in Asia