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2031. The State's Response to the Crisis of Neoliberalism: A Comparison of the Net Social Wage in China and the United States, 1992-2017

Author:
Katherine Moos and Hao Qi
Publication Date:
08-2020
Content Type:
Working Paper
Institution:
Political Economy Research Institute (PERI), University of Massachusetts Amherst
Abstract:
We compare the welfare states and taxation regimes of the two largest economies in the world, China and the United States, from 1992 to 2017. We begin with a comparison of each country’s net social wage—that is, the difference between total benefits received by and taxes paid by labor—using two established methods. While the net social wage in the two countries exhibited similar trends, the increasing net social wage has distinctly different implications in the two countries due to their specific historical trajectories in the neoliberal era. In the US, the increasing net social wage reflects an ambivalent and reluctant response to workers’ social reproduction. In China, it reflects institutional changes in the welfare state, which we interpret as the Chinese state’s attempt to resolve the social-reproduction crisis caused by neoliberal reforms of the 1990s.
Topic:
Political Economy, Economy, Neoliberalism, Crisis Management, and Welfare
Political Geography:
China and United States of America

2032. The U.S.–China Trade Imbalance and the Theory of Free Trade: Debunking the Currency Manipulation Argument

Author:
Anwar Shaikh and Isabella Weber
Publication Date:
03-2020
Content Type:
Working Paper
Institution:
Political Economy Research Institute (PERI), University of Massachusetts Amherst
Abstract:
The U.S.–China trade imbalance is commonly attributed to a Chinese policy of currency manipulation. However, empirical studies failed to reach consensus on the RMB misalignment. We argue that this is not a consequence of poor measurement but of theory. At the most abstract level the conventional principle of comparative cost advantage suggests real exchange rates will adjust so as to balance trade. Therefore, the persistence of trade imbalances tends to be interpreted as arising from currency manipulation facilitated by foreign exchange interventions. By way of contrast, the absolute cost theory explains trade imbalances as the outcome of free trade among nations that have unequal real costs. We argue that a disparity in real costs is the root cause of the U.S.–China trade imbalance.
Topic:
Exchange Rate Policy, Free Trade, Trade, and Purchasing Power
Political Geography:
China, Asia, North America, and United States of America

2033. Policy Papers by Women of Color: Diverse Voices on Chemical, Biological, Radiological & Nuclear Security, and Global Health Security Policy

Author:
Wardah Amir, Sara Z. Kutchesfahani, Jennyfer Ambe, Rahwa Osman, Seema Gahlaut, Nomsa Ndongwe, Togzhan Kassenova, Kimberly Ma, Jasmine Owens, Celeste Rogers, Sylvia Mishra, Liza Arias, Sumaya Malas, Jessica J. Lee, Jessica Gott, April Arnold, and Takiva Pierce
Publication Date:
10-2020
Content Type:
Policy Brief
Institution:
Women of Color Advancing Peace, Security and Conflict Transformation (WCAPS)
Abstract:
This edition features articles from member sin two of the WCAPS working groups: Chemical, Biological, Radiological & Nuclear Security; and Global Health Security. A critical goal of WCAPS is to cultivate a new generation of women of color in the areas of peace and security, foreign policy, and national security.
Topic:
Security, Nuclear Weapons, Treaties and Agreements, Infrastructure, Disarmament, Nonproliferation, Biological Weapons, Chemical Weapons, COVID-19, and Global Health
Political Geography:
China, North Korea, Global Focus, and United States of America

2034. Beware Chinese Anger

Author:
Tuvia Gering
Publication Date:
12-2020
Content Type:
Working Paper
Institution:
Jerusalem Institute for Strategy and Security (JISS)
Abstract:
The growing friction between China and Australia is a function of Beijing’s swagger and self-confidence. Israel must take note of Beijing’s aggressive behavior, and cautiously navigate its own relations with China.
Topic:
Diplomacy, Hegemony, Conflict, and Regionalism
Political Geography:
China, Asia, and Australia

2035. China’s Alternative Vision for Gulf Security

Author:
Tuvia Gering
Publication Date:
11-2020
Content Type:
Working Paper
Institution:
Jerusalem Institute for Strategy and Security (JISS)
Abstract:
Trump’s Middle East peace plan and the recent Israel-Arab peace accords limit Chinese influence in the region. Countering this, China is advancing a collective security concept for the region based on the JCPOA. The US and Israel must stymie this Chinese gambit and reinforce the Abraham Accords.
Topic:
Security, International Cooperation, Military Strategy, Hegemony, Peace, and Regionalism
Political Geography:
China, Middle East, Israel, Asia, North America, and United States of America

2036. China’s View of the Abraham Accords

Author:
Tuvia Gering
Publication Date:
10-2020
Content Type:
Working Paper
Institution:
Jerusalem Institute for Strategy and Security (JISS)
Abstract:
China aims to play a more proactive role in the Middle East, maintaining cordial relations with all rival countries. Beijing attaches great importance to its ties with Saudi Arabia, the Emirates and Egypt, and therefore has welcomed the Abraham Accords (albeit in lukewarm fashion, because of tensions with the Trump administration).
Topic:
Security, Diplomacy, International Cooperation, Hegemony, Peace, and Intervention
Political Geography:
China, Middle East, and Asia

2037. The China-Iran Agreement is not a Strategic Shift

Author:
Tuvia Gering and Yossi Mansharof
Publication Date:
08-2020
Content Type:
Working Paper
Institution:
Jerusalem Institute for Strategy and Security (JISS)
Abstract:
The long-term agreement between the two countries has not been finalized, and its scope and security implications seem to be limited. It is unlikely to force Israel into a complete reconsideration of its economic ties to China.
Topic:
Security, Diplomacy, Bilateral Relations, Hegemony, and Economic Cooperation
Political Geography:
China, Iran, Israel, and Asia

2038. Israel Shouldn’t Draw Fixed Lines Between Itself and China

Author:
Eran Lerman
Publication Date:
12-2020
Content Type:
Working Paper
Institution:
Jerusalem Institute for Strategy and Security (JISS)
Abstract:
The Jewish state’s relationship with the U.S. is stronger for resting on an informal basis; replacing it with a formal alliance would do no good and only anger the world’s other major power.
Topic:
Diplomacy, International Cooperation, Conflict, Peace, and Rivalry
Political Geography:
China, Middle East, Israel, Asia, North America, and United States of America

2039. An International Intellectual Property and Digital Trade Strategy for Canada

Author:
Jeremy de Beer
Publication Date:
10-2020
Content Type:
Working Paper
Institution:
Centre for International Governance Innovation (CIGI)
Abstract:
To remain competitive on a global scale, Canada needs to enhance its domestic intellectual property (IP) and digital trade strategies with an international approach that can respond to constantly changing global economic conditions. Although Canada launched its Intellectual Property Strategy in 2018 — focusing on IP awareness, strategic tools and legislation — its data initiative, known as the Digital Charter, remains a work in progress. Both policies would benefit from an outward-looking, interconnected, international strategic vision. As a member of various international trade agreements, Canada has framed its IP laws to align with these agreements and its trade partners. Canada should expand its trade relationships with Africa before other countries, such as China, take advantage of the continent’s rapidly growing economies and trade opportunities. Building strategic alliances with the right global partners, combined with the use of hard and soft laws to promote Canadian interests, will help Canada strengthen its international IP and digital trade strategy.
Topic:
International Cooperation, Intellectual Property/Copyright, Digital Economy, and Trade
Political Geography:
China, Canada, Asia, and North America

2040. Public Transfers and Inequality in China

Author:
Wang Feng
Publication Date:
11-2020
Content Type:
Video
Institution:
Weatherhead East Asian Institute, Columbia University
Abstract:
On October 7, 2020, Wang Feng, Professor of Sociology at UC Irvine joined Columbia's Qin Gao, Professor of Social Policy and Social Work and director of the China Center for Social Policy for an event: "Public Transfers and Inequality in China." With expanded fiscal capacity and rising concerns over economic inequality, the Chinese government in the last decade and a half has vastly rebuilt and expanded its social welfare regime. Using the National Transfer Accounts (NTA) methodology and both micro-level survey data and macro-level government statistics, this study examines the distribution of public transfers in education, health care and pension across generations and income groups in 2014 and compare it with those in 2010. While per capita public transfers in absolute terms remained in favor of higher-income groups and the elderly in 2014, as in 2010, the gap in receiving public transfers between the rich and the poor was reduced notably in this short time period. Public transfers also became more progressive in relative terms, with the bottom income group receiving much higher public transfers relative to their per capita household income than the wealthier groups. These results reveal that although the unequal distribution of public transfers continues and it in part results from the fragmented program design and the legacies of socialist inequalities, China’s expanded social welfare programs have contributed to narrowing the vast income inequality in this country.
Topic:
Economics, Government, Inequality, and Welfare
Political Geography:
China and Asia