Impact of China's WTO Accession on East Asia

17 Pages Posted: 27 May 2006

See all articles by Elena Ianchovichina

Elena Ianchovichina

World Bank

Terrie Louise Walmsley

Purdue University - Center for Global Trade Analysis

Date Written: April 2005

Abstract

The industrialized and newly industrializing economies (NIEs) in East Asia will benefit from China`s WTO accession, and the developing economies in the region may incur small welfare losses. China will increase its demand for high-end manufacturing products from Japan and the NIEs and farm products, natural resources, and manufactured goods from developing East Asia. New foreign investment may flow into these expanding sectors. The overall impact on foreign investment is likely to be positive in the NIEs but negative in developing East Asia. The NIEs may face heightened competition in global markets as China`s comparative advantage shifts into high-end products. (JEL F11, F13, F15)

Suggested Citation

Ianchovichina, Elena and Walmsley, Terrie Louise, Impact of China's WTO Accession on East Asia (April 2005). Contemporary Economic Policy, Vol. 23, Issue 2, pp. 261-277, 2005. Available at SSRN: https://ssrn.com/abstract=904743

Elena Ianchovichina (Contact Author)

World Bank ( email )

1818 H. Street, N.W.
MSN3-311
Washington, DC 20433
United States
202-458-8910 (Phone)
202-522-1159 (Fax)

Terrie Louise Walmsley

Purdue University - Center for Global Trade Analysis ( email )

1145 Krannert Building
West Lafayette, IN 47907
United States

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