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China's Accession to WTO: Implications for China and India
Pradeep Agrawal and Pravakar Sahoo
Economic and Political Weekly
Vol. 38, No. 25 (Jun. 21-27, 2003), pp. 2544-2551
Published by: Economic and Political Weekly
Stable URL: http://www.jstor.org/stable/4413713
Page Count: 8
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This paper attempts to evaluate the implications of China's accession to the WTO in terms of its impact on the country's exports, imports and foreign investment inflows, and also discusses the likely effect of these developments for the Indian economy. The paper argues that in case of China, the changes consequent to accession to WTO will see an increase in economic activity, leading to a higher GDP growth rate. For India, the Chinese challenge can be met only if we strengthen the competitiveness of our economy further by undertaking additional reforms and improving infrastructure.
Economic and Political Weekly © 2003 Economic and Political Weekly