Since its entry into the WTO ten years ago, China has been increasingly involved in building new rules to make multilateral trading systems more development- oriented. In the past decade, both developing and developed...Since its entry into the WTO ten years ago, China has been increasingly involved in building new rules to make multilateral trading systems more development- oriented. In the past decade, both developing and developed WTO member nations have debated whether the TRIPS agreement should expand its definition to cover new areas such as genetic resources and traditional knowledge. This article argues that although the genetic resources-based market is huge, developing countries have benefited little from it. Specifically, the current market mechanism and system provide little incentive to developing countries to protect biodiversity. Expanding TRIPS to cover new areas such as genetic resources and traditional knowledge can make multilateral trade fairer and more balanced and will enable developing members to better protect biodiversity.展开更多
This paper analyzes whether the slowdown of China＇s trade in 2012-2015 was cyclical or structural, and further discusses the effects of structural factors, including trade structure, trade protectionism and global va...This paper analyzes whether the slowdown of China＇s trade in 2012-2015 was cyclical or structural, and further discusses the effects of structural factors, including trade structure, trade protectionism and global value chain participation, Using the national panel data from 2000 to 2015, based on the error correction model and import-intensity- adjusted demand model, our results show that the slowdown of China＇s trade growth in 2012-2015 was mainly a result of cyclical factors. Using 2000-2015 industry- level data, we also find that the structure of trade goods had an inhibitory effect on the import slowdown but a positive effect on the export slowdown. Trade protectionism had an adverse effect on the trade growth slowdown. The global value chain participation marginally contributed to the slowdown in trade growth. Therefore, the impacts of structural factors on trade growth slowdown cannot be ignored, and related policies should receive greater attention from policy-makers.展开更多
文摘Since its entry into the WTO ten years ago, China has been increasingly involved in building new rules to make multilateral trading systems more development- oriented. In the past decade, both developing and developed WTO member nations have debated whether the TRIPS agreement should expand its definition to cover new areas such as genetic resources and traditional knowledge. This article argues that although the genetic resources-based market is huge, developing countries have benefited little from it. Specifically, the current market mechanism and system provide little incentive to developing countries to protect biodiversity. Expanding TRIPS to cover new areas such as genetic resources and traditional knowledge can make multilateral trade fairer and more balanced and will enable developing members to better protect biodiversity.
文摘This paper analyzes whether the slowdown of China＇s trade in 2012-2015 was cyclical or structural, and further discusses the effects of structural factors, including trade structure, trade protectionism and global value chain participation, Using the national panel data from 2000 to 2015, based on the error correction model and import-intensity- adjusted demand model, our results show that the slowdown of China＇s trade growth in 2012-2015 was mainly a result of cyclical factors. Using 2000-2015 industry- level data, we also find that the structure of trade goods had an inhibitory effect on the import slowdown but a positive effect on the export slowdown. Trade protectionism had an adverse effect on the trade growth slowdown. The global value chain participation marginally contributed to the slowdown in trade growth. Therefore, the impacts of structural factors on trade growth slowdown cannot be ignored, and related policies should receive greater attention from policy-makers.
