Impact of WTO on China's Economic Growth
1500words
Has joining WTO been a positive force for China's economic growth
Transcription of explanation of the bibliography
Task:
To write an annotated bibliography of sources linked to your research project ideas.
What is an annotated bibliography?
An annotated bibliography is an organised list of the sources you have read with an annotation (short explanation) of what the source was about and its usefulness.
There are different types of annotated bibliographies. You will be writing a Descriptive Annotated Bibliography (sometimes called an Informative Bibliography). This is where you summarise the source and describe why it is useful for researching a particular topic.
How are they different to ordinary bibliographies?
An ordinary bibliography is simply a list of the sources you have used and cited in your work. The purpose is to allow the reader to know that a. you are not plagiarising and b. be able to find the sources for themselves.
In an annotated bibliography, you are not just giving the source list but also offering details about what the source is about. The purpose is to guide other people in deciding whether the source is useful for them to read and why.
Write an annotated bibliography for 3 sources (approx. 300 words per source),
Format: – citation first, then annotation underneath. The structure of the annotation should be:
- Reference
- Purpose of the source and comment on the author.
- Summary of the content
- Who the source is meant for (the audience)
- How relevant it is for your research project (how does it inform/influence your research?)
- For high distinction: any strengths/ weaknesses of the source
Step 3: Methods
(suggested word count: up to 300words)
Think about how you will attempt to find the answer to your research question. Will you be doing primary/ secondary research? Will it be quantitative or qualitative? Which research methods will be appropriate?
Which method(s) I have chosen and why? [write in long prose]:
My next steps:
Conducting your research (suggested: up to 300 words)
Reflect on your pilot study:
What went well? Are there any changes you need to make to your data collection tool? If so: what and why?
Skills:
What have you learnt from the research process so far? (Reflect on the skills you have gained/ used/ improved, knowledge/ understanding of a topic and/or learning about yourself and your interpersonal skills).
What skills do you need to improve on further to complete your project successfully?
IMPACT OF WTO ON CHINA’S ECONOMIC GROWTHby (Name)
Class (Course) Professor (Tutor) School (University) City and State
Date
Research question: Has joining WTO been positive for China?
Search Engine (Advanced) Search criteria Titles of articles accessed Google scholar • Economic benefits of China’s entry into WTO • China’s accession to the WTO: Economic benefits. Google Scholar • How entry into the WTO led to China’s economic growth • Sustainable Economic Growth with WTO Accession in China Google Scholar • Trends And Issues In China's WTO Accession • China’s foreign trade: Trends and issues after WTO accession. Google Scholar • Mixed methods: Quantitative and Qualitative • Research design: Qualitative, quantitative, and mixed methods approaches.Google Scholar • Secondary research methods • Qualitative secondary research: A step-by-step guide Annotated Bibliography Boden, G. (2012). China’s accession to the WTO: Economic benefits. The Park Place Economist, 20 (1), 13-17. Purpose of the Source and Comment on the Authors: This article aimed to identify the economic benefits of China’s entry into the World Trade Organizations (WTO). The source’s author is Boden Graham, a professor and a researcher at Illinois Wesleyan University. Summary of the Content: The article indicates that China’s accession to the WTO in 2001 has reduced barriers to trade by decreasing investment restrictions and domestic tariffs. Reducing these tariffs has lowered efficiency loss triggered by the misallocation of resources. It has also reduced consumer prices while reducing costs and providing market access for foreign producers. Boden’s findings agree with a study by Li and Wang (2009, P. 34) that also showed a significant connection between Chinese economic growth and entry into WTO. Lin and Wang’s (2012, p. 20) study indicated that joining the WTO allowed China to enter a period of so-called ‘miraculous’ economic growth, propelling it to become one of the world’s largest economy. Relevance to the Research Project: This source is useful to my project as it directly addresses how Joining WTO has been a positive force for China’s economic growth. According to the source, China’s Foreign Direct Investment (FDI) enlarged after joining WTO. The increase in FDI caused by reduced restrictions on FDI in China has accelerated export growth. The Chinese export economy's growth and FDI inflows have led to an increase in the domestic Chinese capital Audience: The source targeted Policymakers, journalists, and students of the economy who need to understand the significance of WTO to the economy. Strengths/Weaknesses of the Source: The strength of the article is that it explains the subject matter, making it easier for the audience to know how entry into WTO changed China’s economy. Also, the article is current and contains useful information about the topic. However, it does not test or verify the research question statistically, subjecting the study results to certain bias levels. Ertekin, M. S., & Dural, B. Y. (2015). Sustainable Economic Growth with WTO Accession in China. Electronic Journal of Social Sciences, 14 (53), 88-103. Purpose of the Source and Comment on the Authors: The authors, professors at Anadolu University, Turkey, examined the forces behind China’s economic growth by reviewing the country’s economic performance after joining the WTO. Summary of the Content: The authors found that WTO accession in 2001 created modern and international best-practice regulations that changed the investment climate in China. Due to WTO, making investments have become more transparent, secure, and law-binding. This has increased imports and exports and has also attracted more FDI into the country. According to the authors, China’s remarkable economic growth has been driven largely by export and investments, which have experienced significant growth (Ertekin & Dural, 2015, p. 90). These findings are similar to Boden’s findings that China’s accession to WTO was a trade victory and economic liberalization (Boden, 2012, p.16 ). They noted that the nation experienced explosive trade growth after joining WTO. Relevance to the Research Project: This source is useful because it answers my research question. The researcher is interested in knowing whether joining the WTO has been positive for China, and the article provides answers to the question. Since its WTO accession, China has become the largest world trader due to an expansion of total trade and a rapid upgrade of China’s export structure. The authors also reported that the entry of China into the WTO has made it emerge as the second economic superpower Audience: The source’s target audience includes policymakers, economists, scholars, and economic enthusiasts. Strengths/Weaknesses of the Source: The source’s strength is that it analyzes both the opportunities and risks associated with China’s entry into the WTO. The article is also updated since it was written about seven years ago. However, the source indicated that China’s entry into the WTO presented with both opportunities and risks, but it does not explain these risks comprehensively. The only risk highlighted is that trade and investment liberation under WTO strengthen competition between Chinese and foreign companies. Li, K., & Wang, X. (2009). China’s foreign trade: Trends and issues after WTO accession. China’s Integration with the Global Economy, 20 (2), 19-36. Purpose of the Source and Comment on the Authors: The source was chosen because it discusses the trends and issues in China after WTO accession. The authors, Li Kunwang and Xiaosong Wang are Chinese economics professors. Summary of the Content: The source indicates that after WTO accession, China recorded an increase in the total value of foreign trade from about $620.7 billion to $2173.8 billion, with a corresponding surge in exports from around $325.6 billion to $1218.0 billion and imports from about $295.1 billion to $ 955.8 billion (Li & Wang, 2009, p. 20). Due to t...