China's G8 Impact

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In The Media

China's G8 Impact

By Dr. Albert Keidel

Published on Mar 18, 2005

Source: Paper presented at the International Symposium

There is little question that China's global economic emergence will have significant effect on developed countries like the G8. But, in a recent paper, Albert Keidel, senior associate at the Carnegie Endowment, notes that questions of just how great an impact and just how soon the G8 will feel its full force can only be answered with the phrase, "it depends." In particular, China's G8 impact depends most critically on how effectively G8 countries respond to the opportunities and challenges that China represents, especially in terms of labor force restructuring, corporate deregulation, attention to G8 domestic demand, openness to foreign visitors, and moderation of politically motivated efforts to demonize China's influence. G8 countries could lose potential benefits if their responses in these and other areas are inadequate.

To view full text of the paper, click on the link to the right.

About the Author

Dr. Albert Keidel

Former Senior Associate, China Program

Keidel served as acting director and deputy director for the Office of East Asian Nations at the U.S. Department of the Treasury. Before joining Treasury in 2001, he covered economic trends, system reforms, poverty, and country risk as a senior economist in the World Bank office in Beijing.

Recent Work

Article
As China's Exports Drop, Can Domestic Demand Drive Growth?
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Article
China’s Fourth Quarter 2008 Statistical Record
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Economy Trade China

Carnegie India does not take institutional positions on public policy issues; the views represented herein are those of the author(s) and do not necessarily reflect the views of Carnegie, its staff, or its trustees.

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