Download or read book The Great Decoupling written by Nigel Inkster and published by . This book was released on 2023-05-25 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: For much of recorded history, China was a leading science and technology power. But just as the West rose, China turned in on itself, and missed the Industrial Revolution. The result was the 'Hundred Years of Humiliation', and a long struggle for a modern, yet distinctly Chinese, civilisational identity. Today, technological innovation has returned to the core of national pride and ambition.Since the 1980s, reforms have transformed China into the world's second largest economy and a major global power. Cyber space and other advanced technologies have become a battleground for international dominance; but today's world relies on global supply chains and interstate collaboration--at least, for now. Growing tension between the USA and China could result in the two superpowers decoupling their technology--with significant consequences for humanity's future.The Great Decoupling shows that this technology contest, and how it plays out, will shape the geopolitics of the twenty-first century.

Download or read book Sizing Up the Effects of Technological Decoupling written by Diego A. Cerdeiro and published by International Monetary Fund. This book was released on 2021-03-12 with total page 39 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper proposes channels through which technological decoupling can affect global growth, and embeds these different layers in a global dynamic macroeconomic model. Multiple scenarios are considered that differ along two dimensions: (i) the coalition of countries (hubs) that initiate the decoupling, and (ii) whether non-hub countries are also forced to decouple via ‘preferential attachment’ – i.e. by aligning themselves with the hub they trade most with. All global technology hubs lose across scenarios, and losses are largest under preferential attachment. Smaller countries with relations that straddle multiple hubs generally lose, whereas those whose trade is heavily concentrated with one hub may gain due to reduced competition under some scenarios. Technological fragmentation can lead to losses in the order of 5 percent of GDP for many economies.

Download or read book China and the WTO written by Henry Gao and published by Cambridge University Press. This book was released on 2023-09-28 with total page 571 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides an original systematic assessment of China's twenty years in the WTO. Combining insights from law, economics, political science, and international relations, it offers rich, multifaceted analyses of the opportunities and challenges China presents to the world trading system and the responses from other WTO Members. This title is also available as Open Access on Cambridge Core.

Download or read book US Trade Policy China and the World Trade Organisation written by Nerina Boschiero and published by Taylor & Francis. This book was released on 2023-06-05 with total page 184 pages. Available in PDF, EPUB and Kindle. Book excerpt: The last few years have been "anni horribiles" for in International Economic Law in general and in particular for the World Trade Organization, since its inception in 1995 the guarantor of the world multilateral trade system. The increasing trade tensions, a high level of US security tariffs on steel and aluminium, the US boycott of the WTO Appellate Body, the US-China "trade war" and the reasons underlining it, only aggravated a disastrous world-wide economic situation at a time of tremendous global health and societal emergency, due to the persistent devastating spread of the COVID-19 pandemic. The book critically discusses the most salient past US administration’s unilateralist and protectionist practices. At the same time investigating the new Biden Administration’s trade approaches in order to assess whether the precedent trade trajectory is likely to continue, or there is hope of reviving the US commitment to the rule-based multilateral trading system. The book’s goal consists in distilling from current legal events the reasoning that might help the next generations in obtaining what the world needs most. These are a conscious and voluntary return to multilateralism, the search of new forms of effective global cooperation, better trade policies, a more equitable globalization, sound legal arguments, and solid economic reasons to combat rising nationalisms. If enacted, these elements hopefully would contribute to defeat new risks of political conflicts and long-lasting "trade wars". The book will be helpful to students and scholars in international and trade law, political science, and also professionals working in international and EU institutions.

Download or read book The Rise of China s Innovation Economy written by CICC Research, CICC Global Institute and published by Springer Nature. This book was released on with total page 237 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Technological Decoupling Can US Lose the Pre Eminence Race to China written by Simon Lacey and published by Trends Research & advisory. This book was released on 2021-01-01 with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt: Various efforts by US lawmakers and the executive during the Trump administration to move toward technological decoupling with China betray a deep-rooted and pathological misunderstanding of how the global technology industry works. They also risk backfiring on five counts. First, it is too little too late. If the United States was serious about policing what it refers to as China’s “innovation mercantilism,” it should have taken steps in this direction almost 15 years ago when China first got serious about increasing “indigenous innovation.” Second, efforts to contain China by cutting off its companies’ access to western technologies and markets are bound to be counterproductive. Chinese firms are sure to gain access sooner or later to these technologies and thereby succeed in their global ambitions anyway. Third, a policy of uncompromising confrontation only strengthens hawkish elements in China and further undercuts China’s case to embrace deeper market opening and structural reforms. Fourth, technological decoupling undermines the US’s relative position and its technology companies’ ability to maintain pre-eminence across a range of advanced technologies. Fifth and finally, US efforts to contain China for the sole purpose of retaining unchallenged hegemony essentially cedes the moral high ground to the Chinese leadership and undermines the US’s position globally as the so-called “city upon a hill.” Instead, the new Biden administration should use the US’s still formidable market power and geopolitical influence to both gently coerce and actively incentivize China into shouldering more responsibilities with its newfound economic power. Indeed, the carnage that the Trump administration has wreaked on the US-China relationship and the many trade and investment restrictions imposed on Chinese firms and imports provide a great starting point for the Biden administration to negotiate with China. They should focus on a more balanced and reciprocal relationship of mutual market openness and competitive opportunities for each nation’s firms and their respective domestic markets.

Download or read book China on the Rise written by Efe Can Gürcan and published by Taylor & Francis. This book was released on 2024-07-23 with total page 190 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book analyses China’s multidimensional rise in the context of the international political economy, drawing on Susan Strange’s concept of "structural power." Examining the sources of Chinese power along with its geopolitical, economic, and cultural reflections, the authors consider how China’s rise is linked with the incremental process of multipolarization in world politics. Providing a systematic, analytical, and empirically rich account of China's surge in the international political economy, this study will appeal to scholars, policy-makers, and students with interests in China studies, international political economy, and international relations.

Download or read book Tech Wars US China Technology Competition and What it Means for Australia written by Brendan Thomas-Noone and published by United States Studies Centre at the University of Sydney. This book was released on 2020-06-16 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt: Technology is now the defining element of the Trump administration’s self-professed “strategic competition” with China. Washington is highly attuned to the long-term consequences and links between scientific progress, technological adaptation and national power in burgeoning US-China competition. Policymakers are attempting to balance efforts to maintain the open and global foundations of US and allied research and development systems, while deterring those that abuse its accessible and integrated nature. While President Donald Trump has been highly inconsistent on technological issues, Congress and the executive branch have slowly moved forward in executing the 2017 National Security Strategy and protecting what it termed the US National Security Innovation Base. Congress and the Trump administration have embarked on a ponderous — and at times heavy-handed — effort to protect America’s technological advantage across multiple domains and through actions by several branches of government. Congress has expanded the powers of the Committee of Foreign Investment to review non-controlling investments in technology companies. New export controls are being rolled out which feature vastly more expansive definitions of “foundational” and “emerging” technologies, broadening their scope and potential reach. The Department of Justice has launched a major criminal justice campaign labelled the “China Initiative”, with the goal of prosecuting technology theft and enforcing existing regulations in every US state. Draft bills indicate the likely expansion of Congressional reform to halting the flow of US government funds flowing to overseas partners also involved in joint high-tech research and development (R&D) with China, affecting third parties like Australia. Australia will be significantly affected by Washington’s unravelling of the US-China technological relationship, owing to its deep enmeshment with America’s scientific infrastructure. To navigate these changes in the national interest, Canberra must consider the following. Australia will face growing pressure to limit its science and technology interaction with China in critical dual-use fields in order to maintain technological collaboration with the United States in some emerging technologies, and may even be required to adopt restrictive export control policies. Australian research by universities, defence industry, business and government agencies will be seriously impacted by the United States’ expanded export control reform. Canberra should continue to lobby US policymakers on solutions, such as providing exemptions under the National Technology and Industrial Base framework. As the global technological ecosystem becomes more nationalised, securitised and difficult to navigate for industry and governments alike, Australia should implement a national research and development strategy that builds its own technological ‘counterweight.’

Download or read book Hedge Fund Activism written by Alon Brav and published by Now Publishers Inc. This book was released on 2010 with total page 76 pages. Available in PDF, EPUB and Kindle. Book excerpt: Hedge Fund Activism begins with a brief outline of the research literature and describes datasets on hedge fund activism.

Download or read book Unilateral Sanctions in International Law and the Enforcement of Human Rights written by Iryna Bogdanova and published by BRILL. This book was released on 2022-07-11 with total page 378 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Open Access publication of this book has been published with the support of the Swiss National Science Foundation. Are unilateral economic sanctions legal under public international law? How do they relate to the existing international legal principles and norms? Can unilateral economic sanctions imposed to redress grave human rights violations be subjected to the same legal contestations as other unilateral sanctions? What potential contribution can the recently formulated doctrine of Common Concern of Humankind make by introducing substantive and procedural prerequisites to legitimise unilateral human rights sanctions? Unilateral Sanctions in International Law and the Enforcement of Human Rights by Iryna Bogdanova addresses these complex questions while taking account of the burgeoning state practice of employing unilateral economic sanctions.

Download or read book Leadership and the Rise of Great Powers written by Yan Xuetong and published by Princeton University Press. This book was released on 2020-12-22 with total page 278 pages. Available in PDF, EPUB and Kindle. Book excerpt: A leading foreign policy thinker uses Chinese political theory to explain why some powers rise as others decline and what this means for the international order Why has China grown increasingly important in the world arena while lagging behind the United States and its allies across certain sectors? Using the lens of classical Chinese political theory, Leadership and the Rise of Great Powers explains China’s expanding influence by presenting a moral-realist theory that attributes the rise and fall of great powers to political leadership. Yan Xuetong shows that the stronger a rising state’s political leadership, the more likely it is to displace a prevailing state in the international system. Yan shows how rising states like China transform the international order by reshaping power distribution and norms, and he considers America’s relative decline in international stature even as its economy, education system, military, political institutions, and technology hold steady. Leadership and the Rise of Great Powers offers a provocative, alternative perspective on the changing dominance of states.

Download or read book China 2049 written by David Dollar and published by Brookings Institution Press. This book was released on 2020-06-09 with total page 444 pages. Available in PDF, EPUB and Kindle. Book excerpt: How will China reform its economy as it aspires to become the next economic superpower? It's clear that China is the world's next economic superpower. But what isn't so clear is how China will get there by the middle of this century. It now faces tremendous challenges such as fostering innovation, dealing with ageing problem and coping with a less accommodative global environment. In this book, economists from China's leading university and America's best-known think tank offer in depth analyses of these challenges. Does China have enough talent and right policy and institutional mix to transit from input-driven to innovation-driven economy? What does ageing mean, in terms of labor supply, consumption demand and social welfare expenditure? Can China contain the environmental and climate change risks? How should the financial system be transformed in order to continuously support economic growth and keep financial risks under control? What fiscal reforms are required in order to balance between economic efficiency and social harmony? What roles should the state-owned enterprises play in the future Chinese economy? In addition, how will technological competition between the United States and China affect each country's development? Will the Chinese yuan emerge as a major reserve currency, and would this destabilize the international financial system? What will be China's role in the international economic institutions? And will the United States and other established powers accept a growing role for China and the rest of the developing world in the governance of global institutions such as the World Trade Organization and the International Monetary Fund, or will the world devolve into competing blocs? This book provides unique insights into independent analyses and policy recommendations by a group of top Chinese and American scholars. Whether China succeeds or fails in economic reform will have a large impact, not just on China's development, but also on stability and prosperity for the whole world.

Download or read book The Avoidable War written by Kevin Rudd and published by PublicAffairs. This book was released on 2022-03-22 with total page 403 pages. Available in PDF, EPUB and Kindle. Book excerpt: A war between China and the US would be catastrophic, deadly, and destructive. Unfortunately, it is no longer unthinkable. The relationship between the US and China, the world’s two superpowers, is peculiarly volatile. It rests on a seismic fault—of cultural misunderstanding, historical grievance, and ideological incompatibility. No other nations are so quick to offend and be offended. Their militaries play a dangerous game of chicken, corporations steal intellectual property, intelligence satellites peer, and AI technicians plot. The capacity for either country to cross a fatal line grows daily. Kevin Rudd, a former Australian prime minister who has studied, lived in, and worked with China for more than forty years, is one of the very few people who can offer real insight into the mindsets of the leadership whose judgment will determine if a war will be fought. The Avoidable War demystifies the actions of both sides, explaining and translating them for the benefit of the other. Geopolitical disaster is still avoidable, but only if these two giants can find a way to coexist without betraying their core interests through what Rudd calls “managed strategic competition.” Should they fail, down that path lies the possibility of a war that could rewrite the future of both countries, and the world.

Download or read book World Bank East Asia and Pacific Economic Update April 2023 written by World Bank and published by World Bank Publications. This book was released on 2023-03-31 with total page 120 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economic activity in developing East Asia and Pacific has recovered from the recent shocks and is growing. However, output remains below pre-pandemic levels in many countries and inflation remains higher than target ranges in some countries. Near-term growth will depend on the dynamics of global growth and commodity prices, and financial tightening, which is likely to continue in the face of high inflation in the US. Taking a long-term view, growth in EAP has been faster and more stable than in much of the rest of the world. The result has been a striking decline in poverty and, in the last decade, also a decline in inequality. But it would be a mistake to let these achievements obscure vulnerabilities, past, present, and future. The region must implement structural, macro-financial, and climate-related reforms to address the problems of slowing productivity growth and scars from the pandemic, even as it faces up to the major challenges of deglobalization, aging and climate change.

Download or read book Global Trends 2040 written by National Intelligence Council and published by Cosimo Reports. This book was released on 2021-03 with total page 158 pages. Available in PDF, EPUB and Kindle. Book excerpt: "The ongoing COVID-19 pandemic marks the most significant, singular global disruption since World War II, with health, economic, political, and security implications that will ripple for years to come." -Global Trends 2040 (2021) Global Trends 2040-A More Contested World (2021), released by the US National Intelligence Council, is the latest report in its series of reports starting in 1997 about megatrends and the world's future. This report, strongly influenced by the COVID-19 pandemic, paints a bleak picture of the future and describes a contested, fragmented and turbulent world. It specifically discusses the four main trends that will shape tomorrow's world: - Demographics-by 2040, 1.4 billion people will be added mostly in Africa and South Asia. - Economics-increased government debt and concentrated economic power will escalate problems for the poor and middleclass. - Climate-a hotter world will increase water, food, and health insecurity. - Technology-the emergence of new technologies could both solve and cause problems for human life. Students of trends, policymakers, entrepreneurs, academics, journalists and anyone eager for a glimpse into the next decades, will find this report, with colored graphs, essential reading.

Download or read book Danger Zone The Coming Conflict with China written by Michael Beckley and published by W. W. Norton & Company. This book was released on 2022-08-16 with total page 211 pages. Available in PDF, EPUB and Kindle. Book excerpt: A provocative and urgent analysis of the U.S.–China rivalry. It has become conventional wisdom that America and China are running a “superpower marathon” that may last a century. Yet Hal Brands and Michael Beckley pose a counterintuitive question: What if the sharpest phase of that competition is more like a decade-long sprint? The Sino-American contest is driven by clashing geopolitical interests and a stark ideological dispute over whether authoritarianism or democracy will dominate the 21st century. But both history and China’s current trajectory suggest that this rivalry will reach its moment of maximum danger in the 2020s. China is at a perilous moment: strong enough to violently challenge the existing order, yet losing confidence that time is on its side. Numerous examples from antiquity to the present show that rising powers become most aggressive when their fortunes fade, their difficulties multiply, and they realize they must achieve their ambitions now or miss the chance to do so forever. China has already started down this path. Witness its aggression toward Taiwan, its record-breaking military buildup, and its efforts to dominate the critical technologies that will shape the world’s future. Over the long run, the Chinese challenge will most likely prove more manageable than many pessimists currently believe—but during the 2020s, the pace of Sino-American conflict will accelerate, and the prospect of war will be frighteningly real. America, Brands and Beckley argue, will still need a sustainable approach to winning a protracted global competition. But first, it needs a near-term strategy for navigating the danger zone ahead.

Download or read book The US China Rift and Its Impact on Globalisation written by Raffaele Sciortino and published by BRILL. This book was released on 2024-02-12 with total page 326 pages. Available in PDF, EPUB and Kindle. Book excerpt: Today, globalisation has entered a critical phase of slowdown. The asymmetrical US-China relationship that has been the fundamental axis up to now has entered into crisis. The financial imperialism of the dollar proves to be increasingly burdensome and destabilizing. The rise of capitalist China is questioning US imperialist levy. This book offers a comprehensive analysis of the looming confrontation, while identifying potential points of no return in the intertwined dynamics of the world market, geopolitical configurations, and class relationships. Neither contender can give up the game. Will there be a de-globalisation? Is a multipolar order realistic? Are we facing a Chinese hegemonic challenge or rather first signs that hint at the potential for systemic disintegration?