China, Globalisation and the World Trade Organization
By: Deckers, Wolfgang.
Material type:
ArticlePublisher: 2004Description: p.102-19.Subject(s): World Trade Organization | Globalization - China | Globalization
In:
Journal of Contemporary AsiaSummary: This article claims that membership of the WTO will help industrialisation, rather than make China more dependent. Hedley Bull's realist paradigm helps to understand why China joined this organisation, any counter arguments are wishful thinking. Friedrich List's ideas for self-reliant industrialisation were used successfully by Mao Zedong, but globalisation has changed development strategy. Globalisation, if handled wrongly can make China jobless, voiceless, rootless, ruthless and futureless. If handled right, it can strengthen independence, sovereignty and self-reliance. The Chinese government needs stable external as well as internal economic conditions. There are benefits for the vast majority of Chinese, but there are also possible disadvantages. David Ricardo's "comparative advantage" has not really helped Less Developed Countries, on the other hand, China should not become a crumbled "Somalia", this means that China has to engage with globalisation, and this means also the WTO. After all, agency does exist and globalisation is a "two-edged sword". - Reproduced.
| Item type | Current location | Call number | Vol info | Status | Date due | Barcode |
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Articles
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Indian Institute of Public Administration | Volume no: 34, Issue no: 1 | Available | AR62422 |
This article claims that membership of the WTO will help industrialisation, rather than make China more dependent. Hedley Bull's realist paradigm helps to understand why China joined this organisation, any counter arguments are wishful thinking. Friedrich List's ideas for self-reliant industrialisation were used successfully by Mao Zedong, but globalisation has changed development strategy. Globalisation, if handled wrongly can make China jobless, voiceless, rootless, ruthless and futureless. If handled right, it can strengthen independence, sovereignty and self-reliance. The Chinese government needs stable external as well as internal economic conditions. There are benefits for the vast majority of Chinese, but there are also possible disadvantages. David Ricardo's "comparative advantage" has not really helped Less Developed Countries, on the other hand, China should not become a crumbled "Somalia", this means that China has to engage with globalisation, and this means also the WTO. After all, agency does exist and globalisation is a "two-edged sword". - Reproduced.
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