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Essay / Research Paper Abstract
This 14 page paper examines the phenomenon of globalization, China's increasing participation in the global economy and the implications of that participation. Bibliography lists 17 sources.
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14 pages (~225 words per page)
File: D0_HVGloChi.rtf
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being an enormously helpful trading partner. But the road to globalization isnt an easy one; in fact, the assumption that globalization is always a good thing should, I think,
be examined with some care. This paper examines that and other aspects of the emergence of China as a global economy. Globalization Considered The first point that
should be addressed is one that is usually not even considered: whether or not globalization is necessarily the good thing that its represented to be. For example, Ellen
Frost, in a paper for the Institute for International Economics, says: "After fifteen years of effort, China appears poised to join the World Trade Organization this year. This hard-won
triumph is a milestone in the march of globalization" (Frost, 2001). The pejorative terms "triumph," "milestone" and "march" combine to give the reader the feeling that not only is
globalization an unquestioned good, but it is inevitable and any country that doesnt leap on the bandwagon will go down to defeat (defeat being the opposite of "triumph"). Globalization
has its critics and they are making themselves heard-look at the demonstrations against the WTO in Seattle-so that the question of whether or not the entire process is worthwhile is
quite relevant. In her article, Frost outlines the things that the WTO demands of its members, and then summarizes "what could go wrong-and a plea for careful management
to ensure that it doesnt" (Frost, 2001). This seems as a good a place as any to start our analysis of China and the opportunities it presents and challenges
it faces in the area of globalization. The WTO, according to Frost, is "founded on two core principles: non-discrimination and national treatment" (Frost, 2001). The first means that China cannot
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