This is the nineteenth volume in an annual series in which leading economists provide a concise and accessible evaluation of major developments in trade and trade policy. Examines key issues pertinent to the multinational trading system, as well as regional trade arrangements and policy developments at the national levelIncludes chapters exploring WTO issues, and agricultural trading issuesProvides up-to-date assessments of the World Trade Organization's current Trade Policy ReviewsAnalyses global trade policy in areas such as Australia and Sri Lanka, and includes special sections on both China and MalaysiaA vital resource for researchers, analysts and policy-advisors interested in trade policy and other open economy issues
David Greenaway is Vice-Chancellor of the University of Nottingham, where he is also Professor of Economics and Research Fellow in the Leverhulme Centre for Research on Globalisation and Economic Policy.’
Notes on Contributors viTRADE POLICY REVIEWS1 Australian Trade Policy Strategy Contradictions SHIRO ARMSTRONG 12 Trade Policy Review for China: Continuing Globalisation Amidst the World Financial CrisisSHUJIE YAO AND CHANG LIU 133 Sri Lanka’s Trade Policy: Reverting to Dirigisme?PREMA-CHANDRA ATHUKORALA 31SPECIAL FEATURE ON MALAYSIA4 Malaysia: A Success Story Stuck in the Middle?HAL HILL, THAM S. YEAN AND RAGAYAH H. M. ZIN 57CURRENT ISSUES IN CHINA5 Zhu Rongji Might Be Right: Understanding the Mechanism of Fast Economic Development in China JUN ZHANG 836 China and the World Trading SystemAADITYA MATTOO AND ARVIND SUBRAMANIAN 1037 Chinese Networks and Tariff EvasionLORENZO ROTUNNO AND PIERRE-LOUIS VÉZINA 1438 Trading Partners, Traded Products and Firm Performances of China’s Exporter-Importers: Does Processing Trade Make a Difference?ZHENG WANG AND ZHIHONG YU 165Index 195