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.
By:
Wei Wang (Professor of Economics Tianjin University of Commerce China) Imprint: Chandos Publishing (Oxford) Ltd Country of Publication: United Kingdom Dimensions:
Height: 229mm,
Width: 152mm,
Spine: 25mm
Weight: 520g ISBN:9780081006276 ISBN 10: 0081006276 Pages: 376 Publication Date:22 March 2016 Audience:
Professional and scholarly
,
Undergraduate
Format:Hardback Publisher's Status: Active
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.