Impacts of the Doha Development Agenda on China : The Role of Labor Markets and Complementary Education Reforms

The authors assess the implications of multilateral trade reforms for poverty in China. They do so by combining results from a global modeling exercise with a national CGE model that features disaggregated households in both the rural and urban sectors. They examine two trade reform scenarios: one i...

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Bibliographic Details
Main Authors: Zhai, Fan, Hertel, Thomas
Format: Policy Research Working Paper
Language:English
Published: World Bank, Washington, DC 2012
Subjects:
CPI
GDP
OIL
WTO
Online Access:http://documents.worldbank.org/curated/en/2005/09/6259368/impacts-doha-development-agenda-china-role-labor-markets-complementary-education-reforms
http://hdl.handle.net/10986/8594
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Summary:The authors assess the implications of multilateral trade reforms for poverty in China. They do so by combining results from a global modeling exercise with a national CGE model that features disaggregated households in both the rural and urban sectors. They examine two trade reform scenarios: one involving global trade liberalization, and one involving possible Doha Development Agenda reforms. Using the World Bank's $2 a day poverty line, the authors find that multilateral trade reforms do in fact reduce poverty in China. The biggest reductions occur in the rural areas-largely as a result of higher prices for farm products.