Achieving Inclusive Growth in China Through Vertical Specialization

Inbunden, Engelska, 2016

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Beskrivning

Vertical Specialization and Inclusive Growth in China discusses the two interrelated developments that have transformed the Chinese economy in recent years. First, the global community has increased calls to foster inclusive economic growth, with China embracing this trend. Second, the explosive growth in China's trade resulting from international vertical specialization production and trade networks which has complicated the notion of inclusive growth in the Chinese context.

This book assesses these two trends quantitatively, giving evidence of the link between vertical specialization and inclusive growth, and then decomposing the inclusive growth effects of vertically specialized trade into six components: GDP growth, export growth, FDI, environment, employment, and innovation. It further explores the differing impact of conventional trade and processing trade on inclusive growth, providing direction for future policy. This second book by the author to consider vertical specialization stresses the importance of integration in driving inclusive growth.

Argues that inclusive growth and vertical specialization analyses must be performed together
Gives quantitative evidence for the link between vertical specialization and inclusive growth in China
Investigates the different impact of conventional trade and processing trade on transition to inclusive growth in China, using comparative analysis techniques
Offers insight on forming future policy in China to increase inclusive growth

Produktinformation

Utgivningsdatum:2016-03-22
Mått:152 x 229 x 24 mm
Vikt:520 g
Format:Inbunden
Språk:Engelska
Antal sidor:376
Förlag:Elsevier Science
ISBN:9780081006276

Utforska kategorier

Mikroekonomi inom Ekonomi och Ledarskap
Ledarskapsböcker inom Ekonomi och Ledarskap
Redovisning inom Ekonomi och Ledarskap

Mer om författaren

Wei Wang is the Professor of Economics at the Tianjin University of Commerce in the People’s Republic of China. Having written two books and over 20 academic articles and chapters, he remains interested in China’s foreign trade theory and policy.

Innehållsförteckning

1. Introduction and Overview2. Structural Change and the Evolving Pattern of China’s Free Trade in a Vertically Specialized Perspective3. Vertical Specialization and Expanding Exports during the Transition to Inclusive Growth in China: Comparing Impacts of Conventional Imports and Processing Imports on Exports4. Vertical Specialization and Changing Engines of Economic Growth during the Transition in China: Comparing Impacts of Conventional Trade and Processing Trade Pattern on GDP Growth5. Vertical Specialization and Rising Employment during the Transition to Inclusive Growth in China: Comparing Impacts of Conventional Trade and Processing Trade Pattern on Labor Market6. Vertical Specialization and Increasing Income during the Transition to Inclusive Growth in China: Comparing Impacts of Conventional Trade and Processing Trade Pattern on Wage7. Vertical Specialization and Lowering Environmental Damage during the Transition to Inclusive Growth in China: Comparing Impacts of Conventional Trade and Processing Trade Pattern on Energy Consumption8. Vertical Specialization and Strengthening Indigenous Innovation during the Transition to Inclusive Growth in China: Comparing Impacts of Conventional Trade and Processing Trade Pattern on Innovation9. Vertical Specialization and Upgrading Utilization of Foreign Capital during the Transition to Inclusive Growth in China: Comparing Impacts of Conventional Trade and Processing Trade Pattern on Foreign Investment10. Concluding Remarks