1. Describe the country (China) you have chosen to study in terms of pre-globalization levels (circa 1970 or 1980) and subsequent evolution of
• Size (population, GDP)
• Level of development (GDP per capita, life expectancy, caloric intake)
• Inequality and poverty (Gini coefficients, percent below poverty line, income share of top 10
• Product mix and factor endowments
• Trading patterns: how much, what, and with whom?
• Inward and outward FDI
• Degree of macro volatility (variances, crisis periods)
• Share of labor force that is foreign born, share that has emigrated.
The list above is meant to give you a place to start. You are not limited to the indicators listed above, and you do not necessarily need to include every indicator listed above. It will be helpful to do research on part 2. (below) to guide you when choosing which indicators to focus on in your paper.
2. Discuss the possible ways your country might have been affected by globalization. This should include a description of any free trade agreements or other trade policy that your country has engaged in. Please just do the Part 2, discuss one possible way with details. This should include a description of any free trade agreements or other trade policy that your country has engaged in. The country is China.