Description
Rosen (visiting fellow, Institute for International Economics), Rozelle (agricultural and resource economics, U. of California at Davis), and Huang (Center for Chinese Agricultural Policy, Chinese Academy of Sciences) analyze and evaluate Chinese reforms in the agricultural sector and their relationship to China's behavior in World Trade Organization and other trade forums. The authors argue that Chinese reforms have been largely successful and are likely to lead to increased competitiveness and Chinese support for liberalization in agriculture. Annotation ©2004 Book News, Inc., Portland, OR (booknews.com)
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It is a cliché that China is the world's manufactured goods factory, but most observers are just as certain that China's farmers are a serious burden on growth. Yet China in fact has the makings of an internationally competitive agricultural sector, with the market setting most prices, farmers shifting quickly toward what they produce best, and significant research and development focused on biotechnology and other promising areas. China's trade interests are changing as its farmers become more competitive, and this transformation will have major implications for world trade talks and global economic welfare. This study traces the steps China has taken to make agriculture a winning sector, the evidence that its initiatives are working, and the course the country is likely to take.
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