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- W3205010868 abstract "China’s accession to the World Trade Organisation in 2001 was hailed as thenatural conclusion of a long march that started with the reforms of DengXiaoping in the 1970s. However, China’s participation in the WTO has beenanything but smooth. Its self-proclaimed socialist market economy systemhas alienated its trading partners. Two diametrically opposite approacheshave been proposed to deal with the emerging problems. One is to demandthat China changes its economic regime. Th e other is to stay idle and acceptthat the WTO must accommodate different economic regimes, no matterhow idiosyncratic. In this paper, we argue that there is a more promisingthird way. In our view, the problems posed by China arise from the fact that,while in the past the GATT/WTO had to address the accession of socialistcountries or of big trading nations, it never had to deal with a big, socialistcountry like China. In order to retain its principles while accommodatingChina, the WTO needs to translate some of its implicit legal understandinginto explicit treaty language. We advance specific proposals to this effect." @default.
- W3205010868 created "2021-10-25" @default.
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- W3205010868 date "2019-06-01" @default.
- W3205010868 modified "2023-09-24" @default.
- W3205010868 title "CHINA AND THE WORLDTRADE ORGANISATION:TOWARDS A BETTER FIT. WORKING PAPER | ISSUE 06 | 11 JUNE 2019. Bruegel" @default.
- W3205010868 hasPublicationYear "2019" @default.
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