Protocol on the accession of the people’s republic of china

Preamble The World Trade Organization (“WTO“), pursuant to the approval of the Ministerial Conference of the WTO accorded under Article Ⅻ of the Marrakesh Agreement Establishing the World Trade Organization (“WTO Agreement“), and the People‘s Republic of China (“China“). Recalling that China was an original contracting party to the General Agreement on Tariffs and Trade 1947. Taking note that China is a signatory to the Final Act Embodying the Results of the Uruguay Round of Multilateral Trade Negotiati...     

Economic Implications of China‘s Accession to the WTO

I. IntroductionChina's accession to the World Trade Organization (WTO) on 11 December 2001 was a monumental event. Never has an accession to the WTO stirred up such intense emotions throughout the world: euphoria, envies, and, above all, fears. Workers on both sides of the Pacific Ocean and beyond have genuine fears of losing their jobs. Governments and entrepreneurs from both developing and developed countries are afraid of     

Causes of people’s death in peacetime and economic assessment of the value of losses

The paper gives information on the number of people, who died and were injured as a result of external causes in Russia. Traffic accidents, plane crashes, terrorism, and emergencies worsen the demographic situation in Russia, which is unfavorable even without it, and also creates severe economic consequences. An assessment of the value of lives lost due to mortality from accidents is presented.     

Review of the EU’s Preliminary Assessment of China’s Market Economy Status

I. Introduction In late June 2004, the EUmade a decision on its Preliminary Assessment of the People’s Republic of China’s Request for Graduation to Market Economy Statusin Trade DefenseInvestigations. This preliminary result came out after China lodged the request in June2003. The EU assessment report holdsthatbefore it can be granted thestatus, China needsto make substantialprogress in fourfields:government intervention, corporate governance,property and bankruptcy laws, and the f…     

Basic Evaluation of the Process of China’s Industrial Modernization

I. Introduction The oretically, industrial modernization may bedescribed asa process in which modernityof industry is constantly enhanced and the traditional elements are steadily reduced. Interms of industrialdevelopment, it can bedefined asa process in which, pulled by modernscience and technology, rising industrial sectors have constantly emerged and grown andoriginalindustrialsectorshave undergonesustained changes and development,thusleadingto changes in industrial structure and a rise in …     

The Research on the Relation between China＇s Accession to WTO and China＇s Economic Development under the Theory of Comparative Advantage

According to the theory of comparative advantage, the relation between China＇s accession to WTO and China＇s economic development is studied. And a positive conclusion is presented in this article.     

Viability and the Development of China’s Capital Markets

I. Some Facts about Chinas Capital MarketsThe official stock markets of Mainland China were set up in Shanghai and Shenzhen respectivelyin1990 and 1991. The original intent was to improve the reform of Chinas SOEs. Theoretically,it was held that absence of owner is the main problem of SOEs; after being listed, the smallshareholders who buy stocks with their own money will care about the value of their assets, sothey will actively supervise the listed enterprises managers and thus the gov…     

Law of the People’s Republic of China on Bid Invitation and Bidding

在中华人民共和国招标投标法施行一周年之际,应广大读者要求,本刊发表《中华人民共和国招标投标法》英文译本,供读者参考。在使用时应以全国人民代表大会审议通过的中文版为准。     

Long-Term Development Trend of China’s Economy and Importance of the Circular Economy

In 2003, China’seconomy grew at a rateof over 9 percent with per capita GDP hittingUS$ 1,090 for the first time, which means that China’s economy and socialdevelopment have entered a high-growth cycle characterized by rapid structuralchanges. However, this round of high growth is based on resources and an ecologicalenvironment completely different from those of twenty five years ago. Based on ananalysis of the new features of future economic development in China, as well as theresource an…     

Implications for Indonesia of Asia’s Rise in the Global Economy

This article projects Indonesia's production and trade patterns to 2020 and 2030 in the course of global economic development under various growth and policy scenarios. We support our projections of the global economy by employing the Global Trade Analysis Project (GTAP) model and version 8.1 of the GTAP database, along with supplementary data from a range of sources. Our baseline projection assumes that trade-related policies do not change in each region, but that endowments and real GDP do change, at exogenously selected rates. We use this baseline and its assumptions to analyse how potential global changes may affect the Indonesian economy over this and the next decade. We then consider the potential impacts of three policy reforms by 2020: an increase in global rice exports, associated with the opening of Myanmar; the recently imposed export taxes in Indonesia on unprocessed primary products; and the implementation of Indonesia's new food law.     

Analysis of the Changes in the Growth of Japan’s Direct Investment in and Trade with China

I. Relative Drop in the Proportion of Japan’s Direct Investment in ChinaCompared with the United States and the EU, Japan’s direct investment in China hasslowed down since 1999, with the relative real size of investment dropping. Table 1 shows that Japan’s direct investment in China was slightly more than that of the USA and much more than that of the EU before 1998. But in the ensuing five years from 1999 onward, the situation was reversed. The US direct investment in China rose …     

India’s Color Complex: One Day’s Worth of Matrimonials

Lighter skin complexions may function as a form of capital, particularly for women, in marriage markets. The existence of a preference for light skin for marital partners is an index of the presence of colorism or color bias in a given society. This paper reports on a detailed examination of marital advertisements that appeared in India’s Sunday Times on a single day in March 2013. It asks how often skin shade is mentioned in the advertisements placed among those seeking grooms and those seeking brides, how those mentions are distributed by the reported age of the prospective marital partner, and the type of language used to describe the individual’s complexion. The study finds that skin shade is described far more often in advertisements placed by prospective brides or their families than prospective grooms or their families, and, whenever complexion is mentioned, the possession of lighter skin shades.     

Did the RIAA’s Prosecution of Music Piracy Impact Music Sales?

Between 2004 and 2009 it is estimated that over 30 billion songs were downloaded illegally on different peer-to-peer sharing networks according to the Recording Industry Association of America (RIAA). In an attempt to stop this during the late 1990’s and early 2000s the RIAA and other music labels engaged in a very public and vigorous campaign of prosecution of firms, such as Napster and Limewire, for copyright violations in order to reduce piracy. Due to the public backlash, in late 2008 the RIAA announced that they would begin to stop litigation on a grand scale. This paper examines the impact that this model of piracy prosecution had on music sales. We find evidence that the RIAA’s model of litigation actually backfired and led to decreased legitimate album sales. Additionally, we find that variation in per capita seasonally adjusted album sales cannot be explained by the existence of both Limewire and Napster file sharing services.