Achieving Inclusive Growth in China Through Vertical Specialization
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...
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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.
Bibliographische Angaben
- Autor: Wei Wang
- Verlag: Chandos Publishing
- EAN: 9780081006276
Autoren-Porträt von Wei Wang
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.
Inhaltsverzeichnis zu „Achieving Inclusive Growth in China Through Vertical Specialization “
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 Transitionto 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
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