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Full-Text Articles in Political Economy

The Shifting Dynamics Of International Reserve Currencies, Robert J. Righi Oct 2019

The Shifting Dynamics Of International Reserve Currencies, Robert J. Righi

Undergraduate Economic Review

With the recognition by the IMF of the Chinese renminbi as an international reserve currency in 2015, it is important to understand the modern influence of reserve currencies. We use currency exchange rate data and apply modified workhorse regression models to assign each country’s gross domestic product at purchasing power parity to a reserve currency bloc in order to obtain a global sphere of influence for each reserve currency. We find that the United States retains its dominance but faces challenges from the renminbi and the euro in recent years as the international monetary system becomes tri-polar.


Disruptive Innovation: The Rise Of The Knowledge-Sharing Market In China, Yaqing Lan Apr 2019

Disruptive Innovation: The Rise Of The Knowledge-Sharing Market In China, Yaqing Lan

International Studies Honors Projects

Innovation is a major subject of international political economy, but mainstream discussions focus on scientific research and development and detach innovation development from their social contexts. In response to this view, this project reveals the importance of cultural and social factors in influencing innovation development by examining the rise of the knowledge-sharing market (KSM) -- a social-network-site-based economy in China. It suggests the KSM is a disruptive innovation not only because it is pioneered by a latecomer in the global innovation market, China, but also because its emergence from the changing Chinese consumer demands disrupts the mainstream thinking of innovation.


The Wealth Of Nations And The Advancement Of Collective Security, Kerry Daniel Good Apr 2019

The Wealth Of Nations And The Advancement Of Collective Security, Kerry Daniel Good

Senior Honors Theses

This thesis will address the economic development of countries from the strategic perspective of the United States, and consider how this development will progress overlaid in the context of the Chinese framework for the projection of national power. Using an inter-disciplinary approach, this research will synthesize sources on national security policy and economics, while seeking a Christian apologetic framework to answer these questions: How can the United States promote the economic development of countries in the Asia-Pacific region using a biblical economic-development model, as a part of its national strategy? This thesis focuses on some of the political and socio-economic ...


Governing Chinese Engagement With The Hydrocarbon-Rich Countries; Examining Chinese Investment In The Hydrocarbon Sector Of Canada And Russia, Anastasia Ufimtseva Jan 2019

Governing Chinese Engagement With The Hydrocarbon-Rich Countries; Examining Chinese Investment In The Hydrocarbon Sector Of Canada And Russia, Anastasia Ufimtseva

Theses and Dissertations (Comprehensive)

China’s global quest for energy has been one of the most fascinating developments of the past twenty years. As Chinese state-owned enterprises (SOEs) have increasingly gone ‘global’ in search of energy resources, scholars have explored the rationale and implications of China’s investment abroad. However, existing studies have yet to examine the ability of Chinese SOEs to complete the intended investment projects. Several studies that have noted this gap suggest that researchers should examine the ability of Chinese SOEs to adapt to different institutional environments (Smith and D’Arcy 2013) and to analyze the responses of local stakeholders to ...


Eyes On The Money: How Realist Economic Policy Facilitates The Modern Surveillance State In The Usa And The Prc, Benjamin Warder Dec 2018

Eyes On The Money: How Realist Economic Policy Facilitates The Modern Surveillance State In The Usa And The Prc, Benjamin Warder

Channels: Where Disciplines Meet

This paper examines the manner in which the United States of America and the People’s Republic of China, as the world’s leading economic superpowers, pursue a generally realist international relations approach to maintaining and securing their bases of economic power, and how this purpose translates into the development and proliferation of Closed Circuit Television (CCTV) camera networks in major cities as a means of protecting those cities as economic hubs crucial to the national economy. Two research questions guide the paper. First, how does each state demonstrate realist policies in the process of securing economic centers and the ...


Strategic Puzzle In The South China Sea: Perception, Power, And Money. Chinese Plans For Hegemony?, Robert Kelly Stewart Nov 2018

Strategic Puzzle In The South China Sea: Perception, Power, And Money. Chinese Plans For Hegemony?, Robert Kelly Stewart

International Political Economy Theses

The South China Sea is home to one of the world’s most contentious territorial disputes. Sovereignty of overlapping parts of the Sea is contested by seven littoral states, and the United States maintains an influential naval presence. Rich in fish and hydrocarbons and militarily valuable for power projection, the South China Sea is strategically important. One-third of global trade passes through the South China Sea annually. This paper looks to uncover what the South China Sea conflict indicates about Chinese strategic outlook and approaches the topic through three theoretical lenses: constructivism, realism, and disaggregation. This paper concludes with an ...


Chinese Government’S Inability To Use Film – One Of The Most Powerful Cultural Tools Of Soft Power Expansion – To Achieve Its Soft Power Expansion Goals: Lessons For China To Tackle Its Soft Power-Deficit Problem, Kyungin Kim Nov 2018

Chinese Government’S Inability To Use Film – One Of The Most Powerful Cultural Tools Of Soft Power Expansion – To Achieve Its Soft Power Expansion Goals: Lessons For China To Tackle Its Soft Power-Deficit Problem, Kyungin Kim

International Political Economy Theses

Many scholars of Chinese soft power commonly believe that despite the fact that China has been working hard to achieve successful soft power expansion, one of the biggest factors that leads to Chinese soft power deficit or failure of the Chinese government to effectively trump “China threat” is its inability to use its cultural industries as a tool to fulfill its soft power expansion goals. This is a major obstacle to China in achieving its goal of successful Chinese soft power expansion, as it is said that culture is the most traditional and powerful source of soft power expansion. This ...


International Energy Geopolitics, Bert Chapman Jun 2018

International Energy Geopolitics, Bert Chapman

Libraries Faculty and Staff Presentations

Overview of international energy geopolitical trends. Emphasizes the importance of the Persian Gulf, South China Sea, East China Sea, Russia, and the Arctic to U.S. and international economic and strategic developments. Stresses the continuing importance of fossil fuels in domestic and international energy consumption, the variety of energy sources being used by various global regions, the potential for military conflict over access to natural resources, and how emerging energy leaders will determine global energy, environmental, and international security developments.


China As A Low-Carbon Energy Leader: Successes And Limitations, Philip Andrews-Speed, Sufang Zhang May 2018

China As A Low-Carbon Energy Leader: Successes And Limitations, Philip Andrews-Speed, Sufang Zhang

Journal of Asian Energy Studies

China has come to be seen as a global clean energy champion on account of its success in building the world’s largest fleet of renewable energy – wind power and solar photovoltaics (PV), as well as hydro-electricity. In addition, it has become a major player in international renewable energy markets. In other words, it has shown a remarkable ability to adapt to environmental challenges and market opportunities. In this way, China provides a counter-example to the neo-institutional argument that limited-access social orders possess less adaptive capacity than open-access orders. This paper briefly examines the central government’s efforts to promote ...


The Environmental Effects Of Economic Growth Of China And India Its Impact On Brazil, Russia, India, China, And South Africa (Brics), Shonjira Chaiwat May 2018

The Environmental Effects Of Economic Growth Of China And India Its Impact On Brazil, Russia, India, China, And South Africa (Brics), Shonjira Chaiwat

Capstone Projects and Master's Theses

This capstone discusses the environmental effects of economic growth, focusing on China and India and its relations with the BRICS pact. China and India have an impacted increasing population within their borders. With the increase of population and struggles for economic growth, these countries are creating a detrimental environment. In this capstone, I review the theory of ecological civilization as well as the Kuznet Curve Hypothesis. Although within the past few decades the BRICS have used unsustainable practices, they have signed the Paris Climate Agreement in order to combat climate change, which means they will use more sustainable methods for ...


Unveil The Mysterious Reality Of Management Healthcare In China: A Case Study On Institutional Arrangement, Yasha Zhang Jan 2018

Unveil The Mysterious Reality Of Management Healthcare In China: A Case Study On Institutional Arrangement, Yasha Zhang

Scripps Senior Theses

This thesis identifies and analyzes current problems in the healthcare market in China. Although many health indicators of China such as life expectancy and child mortality rates have improved significantly and suggest that the healthcare reform in China is successful, there have been many more reports of patient's violent attack towards the doctor, the sudden death of doctors, and decreasing doctor supplies that suggest otherwise. I observed that the relationship between doctors and patients are intense, doctors experience enormous working pressure, and many doctors are leaving the market. It makes me wonder how did government fail to improve its ...


Coal-To-Liquid Technology: A Look At The Geopolitical Tension Behind China's Energy Strategy, Kaela Cote-Stemmermann Jan 2018

Coal-To-Liquid Technology: A Look At The Geopolitical Tension Behind China's Energy Strategy, Kaela Cote-Stemmermann

Scripps Senior Theses

As interest in renewable energy development continues to rise around the globe, the alignment of China’s capabilities and incentive to invest in the green energy sector position the country in a leading role. However, China’s recent investment in coal-to-liquid (CTL) technology raises questions as to the direction of China’s energy policy and reflects broader geopolitical tensions within the Chinese government. Although CTL technology has been widely criticized as being environmentally unfriendly and economically unsustainable, China continues to invest in it at an astounding pace. Research proposes several possible explanations, such as corruption or local conflicts of interest ...


Geopolitics Of Rare Earth Elements, Bert Chapman Oct 2017

Geopolitics Of Rare Earth Elements, Bert Chapman

Libraries Faculty and Staff Presentations

Rare earth elements (REE) contain unique chemical physical properties such as lanthamum, are found in small concentrations, need extensive precise properties to separate, and are critical components of modern technologies such as laser guidance systems, personal electronics such as IPhones, satellites, and military weapons systems as varied as Virginia-class fast attack submarines, DDG-51 Aegis destroyers, the F-35 Joint Strike Fighter, and precision guided munitions. The U.S. has some rare earth resources, but is heavily dependent on access to them from countries as varied as Afghanistan, Bolivia, and China. Losing access to these resources would have significant adverse economic, military ...


Determinants Of Urban Land Supply In People's Republic Of China: How Do Political Factors Matter?, Wen-Tai Hsu, Xiaolu Li, Yang Tang, Jing Wu Sep 2017

Determinants Of Urban Land Supply In People's Republic Of China: How Do Political Factors Matter?, Wen-Tai Hsu, Xiaolu Li, Yang Tang, Jing Wu

Research Collection School Of Economics

This paper explores whether and how corruption and competition-for-promotion motives affect urban land supply in the People's Republic of China. Conditional on demand-side factors, we find that corruption is highly correlated with an increase in land supply. The corruption effects are strongest for commercial land, followed by residential land, and then industrial land. To shed light on the competition motives among prefectural leaders, we examine how the number of years in office affects land supply and distinguish among different hypotheses. Our empirical results show robust rising trends in land sales. These results are consistent with the hypothesis that among ...


Do Politically Connected Directors Affect Accounting Quality? Evidence From China's Anti-Corruption Campaign (Rule 18), Ole-Kristian Hope, Heng Yue, Qinlin Zhong Apr 2017

Do Politically Connected Directors Affect Accounting Quality? Evidence From China's Anti-Corruption Campaign (Rule 18), Ole-Kristian Hope, Heng Yue, Qinlin Zhong

Research Collection School Of Accountancy

We examine the impact of politically connected directors on accounting quality using a quasi experiment in China. In October 2013, “Rule 18” was issued to prohibit government and party officials, who were concurrently holding public offices or had recently retired from such positions within the last three years, from serving as directors for publicly listed firms. The regulation is part of China’s anti-corruption campaign, and it has led to a large number of politically connected directors resigning from their roles as directors involuntarily. As such, Rule 18 has effectively weakened, if not fully discontinued, the political connections of the ...


Determinants Of Urban Land Supply In China: How Do Political Factors Matter?, Wen-Tai Hsu, Xiaolu Li, Yang Tang, Jing Wu Mar 2017

Determinants Of Urban Land Supply In China: How Do Political Factors Matter?, Wen-Tai Hsu, Xiaolu Li, Yang Tang, Jing Wu

Research Collection School Of Economics

This paper explores two political factors for their potential effects on urban land supply in China: corruption, and competition for promotion. We find that standard urban economic predictions hold in the sense that both population and income increases are strongly significant determinants for the increase in urban land supply. Conditional on these demand-side factors, we find that the usage of two-stage auctions (as a proxy for corruption) is highly correlated with the increase in land supply. The corruption effects are strongest for commercial land, followed by residential land and then industrial land. To shed light on the competition motives among ...


Failure Or Adjustment?: An Analysis Of The Slowing Growth Of The Chinese Economy, Kay G. Degraw Jan 2017

Failure Or Adjustment?: An Analysis Of The Slowing Growth Of The Chinese Economy, Kay G. Degraw

Honors Theses

With GDP growth for the 2016 fiscal year reported at 6.7%, it appears that the Chinese economy has departed from the three-decade period in which GDP growth averaged plus-10%. While both academic journals and media outlets have accredited this slowdown to a variety of factors, existing research has failed to conflate the economic and political factors into a comprehensive explanation. Consequently, this thesis examines the causative factors behind the slowing of the Chinese economy though the analysis of three contesting plausibility probes centered on the impact of corruption, statism, and structural economic change. The results of the plausibility probes ...


The Political Impact Of Rising Trade Exposure: Evidence From 2000 - 2016 U.S. Presidential Elections, Xiaoyang Qian Jan 2017

The Political Impact Of Rising Trade Exposure: Evidence From 2000 - 2016 U.S. Presidential Elections, Xiaoyang Qian

CMC Senior Theses

In this paper we analyze the impact of global imports on regional labor markets, and how such impact translates to changes in voting patterns in the U.S. Presidential elections from 2000 to 2016. We find that imports from different U.S. trading partners influence voting patterns in different ways. In particular, we observe an anti-incumbent effect caused by import competition from OECD countries. Such an effect cannot be observed for imports from low-income countries. There is also evidence that suggests high exposure to import competition tends to drive voters toward the Democratic candidate, who typically proposes better social welfare ...


Achieving And Maintaining Food Security In The Prc: The Impact On Foreign Policy, Paul D. Rittenhouse Dec 2016

Achieving And Maintaining Food Security In The Prc: The Impact On Foreign Policy, Paul D. Rittenhouse

FIU Electronic Theses and Dissertations

The purpose of this dissertation is to examine how the People’s Republic of China has used domestic and foreign policy to achieve and maintain food security. This is a formidable task for the PRC given that it has 20% of the world’s population and only 7% of its arable land. It has been made more formidable by domestic policy errors and its changing position within the international system.

The PRC has evolved from a Marxist revisionist state to one that mixes state capitalism and free enterprise and has become a combination of revisionist and status quo. Such changes ...


China's Contradictory Grand Strategy Manifestations: Examining The Rare Earths Export Restrictions And The One Belt, One Road Initiative, Lukas K. Danner Jun 2016

China's Contradictory Grand Strategy Manifestations: Examining The Rare Earths Export Restrictions And The One Belt, One Road Initiative, Lukas K. Danner

Dr. Lukas K. Danner

In the past few years, China has exhibited a rising assertiveness in international relations, including trade, although its official grand strategy remains "Peaceful Development." Examples of this contradictory trajectory are China's rare earth elements export restrictions (assertive) and the One Belt, One Road initiative (peaceful). This article seeks to establish, on the one hand, whether or not these examples are conforming to or diverging from "Peaceful Development," and therefore actually a manifestation of the alleged rising assertiveness on China's part, and on the other hand, identify the reason why China is acting ambivalently. To accomplish this, this article ...


Patterns Of Growth And The Economic Development Of China, Adam C. Watson Jun 2016

Patterns Of Growth And The Economic Development Of China, Adam C. Watson

All Dissertations, Theses, and Capstone Projects

By looking at the historical rise of modern China, starting with the end of the First Opium War (1842) through to the start of the war with Japan (1937), and then from the beginning of Deng Xiaoping’s economic reforms (1979) to the present, this work reveals the striking similarities between the earlier and the later periods of capitalist development. If the country had not been able to draw on the deep-rooted knowledge and skills which originated in Shanghai and the port cities in the mid-nineteenth century, and instead pursued only uninformed free market principles without the training to make ...


The Planner In Action: China’S Influence As A Developing And Non-Market Economy On The Wto, Lauren Shapiro Apr 2016

The Planner In Action: China’S Influence As A Developing And Non-Market Economy On The Wto, Lauren Shapiro

CUREJ - College Undergraduate Research Electronic Journal

Chinese accession to the World Trade Organization in 2001 forever altered the international economy as it marked the political-economic diversification of international trade negotiations and law. Before the implications of Chinese accession became apparent, scholars predicted that Chinese WTO membership would greatly affect the Organization. While this thesis agrees with this general sentiment, it insists that China’s effect on the WTO is not wholly negative or positive and requires a nuanced, sub-institutional assessment to understand. Qualifying and expanding upon scholars’ pre-2001 predictions, this thesis argues that for the most part, China did not proactively cause instances of institutional weakness ...


Agents Of Change: The Role Of Foreign Financial Institutions In China’S Financial Transformation Since The Early 1990s, Anton Malkin Jan 2016

Agents Of Change: The Role Of Foreign Financial Institutions In China’S Financial Transformation Since The Early 1990s, Anton Malkin

Theses and Dissertations (Comprehensive)

What role have foreign financial institutions (FFIs) played in China’s financial evolution since the early 1990s? My research finds that FFIs, which include foreign commercial and investment banks, as well as private equity (PE) firms, have played a role in China’s financial evolution in three respects. First, US financial institutions have leveraged their influence in the US government, their ties to other business groups, and mobilized connections with the Chinese elite, to help China to join the World Trade Organization in 2001. This outcome created a relatively open formal, legal environment to foreign actors—helping in the cause ...


Pushing The Limits: International Land Acquisitions In Comparative Perspective, Ariane Goetz Jan 2015

Pushing The Limits: International Land Acquisitions In Comparative Perspective, Ariane Goetz

Theses and Dissertations (Comprehensive)

The role of investor countries in large-scale land acquisitions is poorly understood in the contemporary “land grab” literature. Orthodox explanations largely build on deductive analyses that deviate from the emerging empirical evidence, and/or face analytical difficulties when trying to capture why large-scale land acquisitions happen. This thesis investigates the global phenomenon of “land grabbing” from the comparative perspective of two major investor countries: the UK and China. The regional focus is on Sub-Saharan Africa, a major target of land-consuming investments since 2000.

The dissertation advances three arguments: Firstly, the specific details of the home country’s industrial set-up, development ...


Review: Yueh, Linda. China’S Growth: The Making Of An Economic Superpower. New York, Ny: Oxford University Press, 2013. 384 Pp., Lukas K. Danner Mar 2014

Review: Yueh, Linda. China’S Growth: The Making Of An Economic Superpower. New York, Ny: Oxford University Press, 2013. 384 Pp., Lukas K. Danner

Dr. Lukas K. Danner

No abstract provided.


Blue Growth In The Middle Kingdom: An Analysis Of China’S Ocean Economy, Rui Zhao, Stephen Hynes, Guang Shun He Jun 2013

Blue Growth In The Middle Kingdom: An Analysis Of China’S Ocean Economy, Rui Zhao, Stephen Hynes, Guang Shun He

Working Papers

This paper builds on the work carried out by OEAS in China, which established the framework of ocean economy accounting in China. It also demonstrates how it is possible to compile ocean economy data, from the existing government databases in China. The Chinese ocean economy was divided into two separate parts for the purpose of the analysis presented; the ocean industry and ocean-related industry. Data was collected for 12 major ocean industries. Using a similar methodology to that developed in previous international studies, it was found that the major ocean industries produced US$239.09 billion in value added output ...


The Rise Of Agrarian Capitalism With Chinese Characteristics: Agricultural Modernization, Agribusiness And Collective Land Rights, Qian Forrest Zhang, John Andrew Donaldson May 2013

The Rise Of Agrarian Capitalism With Chinese Characteristics: Agricultural Modernization, Agribusiness And Collective Land Rights, Qian Forrest Zhang, John Andrew Donaldson

John Donaldson

The article discusses the agricultural transformation taking place in the rural areas of China. Details about the Chinese laws regarding rural reform and the effect they have had on rural Chinese farmers and families are included. The authors examine the expansion of agrarian capitalism in China and describe the rise of agribusiness in rural Chinese areas. The practices of Chinese agribusinesses and the Chinese land rights laws are explored. The relationships between individual farmers and agribusinesses is also examined.


The Sino-Centric Fault-Lines Of Turkish Geopolitics, Oğuz Dilek Dr. Apr 2013

The Sino-Centric Fault-Lines Of Turkish Geopolitics, Oğuz Dilek Dr.

Oğuz Dilek Dr.

Turkey has recently started to situate its security into a new geographical expanse with borders inching closer to the emerging China-centered world, and away from the European Peninsula. China by forming voluminous trade links with energy-rich Middle Eastern and Caucasian states has made the economic geography around Turkey’s borders appealing more than ever. Two outcomes lying face-to-face transpired from this new neighborhood. First, Turkey now enjoys an economic shelter that provides additional export outlets and foreign financial resources at a time of great distress in the West. Second, now Turkey’s material wellbeing is contingent on countries, such as ...


Can The Hong Kong Icac Help Reduce Corruption On The Mainland?, Bryane Michael Jan 2013

Can The Hong Kong Icac Help Reduce Corruption On The Mainland?, Bryane Michael

Bryane Michael (bryane.michael@stcatz.ox.ac.uk)

Hong Kong’s Independent Commission Against Corruption (ICAC) serves as the example par excellence of a successful anti-corruption agency. Yet, the Agency works in one of the more corrupt jurisdictions world-wide (the People’s Republic of China). To what extent can the ICAC – and the Prevention of Bribery Ordinance (POBO) which regulates its work – contribute to reductions in corruption on the Mainland? In this paper, we look at the ways in which the ICAC – technically a Chinese agency (albeit operating in a legally independent jurisdiction) – can help to reduce and prevent corruption on the Mainland. We find that with the ...


Un-Obtainium: The Quest For Rare Earth Elements, Brahm Heyman Jul 2012

Un-Obtainium: The Quest For Rare Earth Elements, Brahm Heyman

International Political Economy Theses

The 17 "rare earth elements" are essential for the development of new technologies. Over the last several decades, China has established a virtual monopoly on the rare earth industry, producing over 97% of the world's current demand. This was achieved by effectively undercutting other producers who stopped competing in this market. In 2010, in an effort to bolster its domestic market, China decided to reduce the amount of rare earth elements that it would export. This situation can be used to consider China's relations with the rest of the world from two perspectives. (1) The realist perspective views ...