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21. “Triple punch” policies to bring years of trade tensions

Author:
Su Qingyi
Publication Date:
07-2018
Content Type:
Policy Brief
Abstract:
US President Donald Trump has adopted a hard-line trade policy and recklessly instigated the trade conflict with China. This is the result of a combination of adjustments to his trade, foreign, and fiscal policies. These intertwined policies will likely stretch China-US trade frictions throughout Trump's presidency. First of all, the adjustment to the trade policy includes a shift from multilateral free trade to regional free trade and pressuring other countries to open their markets.
Topic:
International Trade and Finance, Markets, Trade Wars, Trade, and Economic Development
Political Geography:
China, Asia, North America, and United States of America

22. Digital Fiat Currency, SDR and New Cross-Border Payment System

Author:
Liu Dongmin and Song Shuang
Publication Date:
03-2018
Content Type:
Policy Brief
Abstract:
Emerging economies have played more and more important roles in the world, and have become a significant drive in the reform of global financial governance to push it towards the direction of inclusiveness and resilience. As a key part of the international financial architecture, the dollarized cross-border payment system has not been changed correspondingly. Along with the rapid development of digital currency, the digital fiat currency (DFC) endorsed by national credit shows great potential in improving the current cross-border payment system. We propose that the new system based on DFC can be done in three patterns and the third one is most feasible: IMF-leading pattern, countries-leading pattern and the coexisting pattern. The new system will effectively reduce the transmission time and cost of cross-border payment services due to DFC’s peer-to-peer mode. Moreover, as the new system becomes more open, more flexible and more inclusive, all the developing countries will get fair and easy access to these services.
Topic:
Finance, Currency, and Economic Development
Political Geography:
China, Global Focus, and Global Markets

23. How Does Environmental Regulation Shape Economic Development? A Tax Competition Model of China

Author:
Pedro Naso and Tim Swanson
Publication Date:
10-2017
Content Type:
Working Paper
Institution:
Centre for International Environmental Studies, The Graduate Institute (IHEID)
Abstract:
We propose a novel theoretical framework to study how environmental regulation shapes economic development in a developing country such as China. We develop a dynamic tax competition model in which local governments, located in development zones, use variation in taxes to attract workers to their jurisdictions. Their objective is to maximize tax revenue less local health costs that are proportional to local pollution. Our main result is that competition generates a reallocation of productive factors when national regulation is introduced. Local governments in more productive regions set greater production taxes than in other regions. This makes workers and output to shift from more to less developed regions of the country.
Topic:
Environment, Regulation, Tax Systems, Economic Development, and Competition
Political Geography:
China and Asia

24. Baku Dialogues

Author:
Zaur Shiriyev
Publication Date:
09-2014
Content Type:
Journal Article
Journal:
Baku Dialogues
Institution:
ADA University
Abstract:
“Baku Dialogues” is a series of events featuring leading world personalities who will address subjects of current international interest by presenting their views and participating in discussion of these subjects with interested Azerbaijani and international figures. These presentations and discussions, along with other submissions, will be recorded in the “Baku Dialogues”, ADA University’s new journal of record for academic and policy research.
Topic:
International Security, European Union, Geopolitics, Millennium Development Goals, Entrepreneurship, Innovation, and Economic Development
Political Geography:
China, Europe, Middle East, Palestine, and Global Focus

25. The “Rise” of China in the Eyes of Russia: A Source of Threats or New Opportunities?

Author:
Anastasia Solmentseva
Publication Date:
12-2014
Content Type:
Journal Article
Journal:
Connections
Institution:
Partnership for Peace Consortium of Defense Academies and Security Studies Institutes
Abstract:
At the moment, the center of global economic and political gravity is rapidly shifting to the Asia-Pacific Region. This region possesses vast financial, resource-related, industrial and human potential. As the center of global development rapidly shifts to the East, Rus-sia regards the Asia-Pacific Region as the engine of the world economy, the key to which is a burgeoning China. In contemporary international relations the fast-moving rise of the PRC has become a crucial issue that concerns both Western and Russian political leaders, scholars and common citizens. The true intentions of the Chinese leadership as it pursues its foreign policy course remain quite nebulous and ambiguous. In various spheres and at a various levels of Russian society there are quite a few discussions and disputes about what, in fact, lies behind the global phenomenon of the “rise” of China, what consequences it entails for Russia, and how Moscow should organize its relations with Beijing.
Topic:
International Relations, Foreign Policy, Global Political Economy, and Economic Development
Political Geography:
Russia, China, Europe, and Asia

26. China’s Energy Security Dilemma

Author:
Jenny Lin
Publication Date:
02-2012
Content Type:
Policy Brief
Institution:
Project 2049 Institute
Abstract:
China’s “economic miracle” and its energy dilemma stem from the Chinese Communist Party’s (CCP) 30 year old policy to achieve “wealth for country first.” Beijing has bundled economic development, energy, science & technology-related policies as matters of national security. As a result, China’s current sense of energy and economic insecurity may be analyzed as a product of its decades-long off-balanced policies towards development.
Topic:
Economics, Energy Policy, National Security, Science and Technology, Economic Development, and Chinese Communist Party (CCP)
Political Geography:
China and Asia

27. China and World Development beyond the Crisis

Author:
Dic Lo
Publication Date:
10-2010
Content Type:
Working Paper
Institution:
School of Oriental and African Studies - University of London
Abstract:
Recent international opinions on China and world development have focused on the Sino-US economic nexus. The neo-liberal theory of “China causing global imbalances” claims that the particular way through which China has integrated itself into the world market is to the detriment of the economies of the advanced countries. The critical theory of “China facing internal and external dependence”, in contrast, claims that the real victim has been the economic development of China itself and the majority of developing economies. The objective of this paper is to clarify the analytical efficacy of these two theories, and, on that basis, to assess the validity of their implied policies. The paper also seeks to explore into the construction of an alternative policy line that suits better the needs of the social and economic development of China and the developing world.
Topic:
Development, Inequality, Social Policy, and Economic Development
Political Geography:
China and Asia

28. The Limits of Sino-Russian Strategic Partnership in Central Asia

Author:
Brian Carlson
Publication Date:
05-2007
Content Type:
Journal Article
Journal:
Journal of Public and International Affairs (JPIA)
Institution:
School of Public and International Affairs (SPIA), Princeton University
Abstract:
U.S. foreign policy has recently suffered setbacks in Central Asia, where its role had expanded dramatically following the terrorist attacks of September 11, 2001. Recent events appear to indicate growing Sino-Russian cooperation to limit U.S. influence in the region. Although Russia and China have grown closer together in recent years based on convergent strategic views, a number of factors will limit their strategic partnership at the global level. Likewise, their interests in Central Asia mix elements of cooperation with competition, reducing the likelihood of a Sino-Russian condominium in the region. Prudent U.S. foreign policy can prevent anti-American, Sino-Russian power balancing in Central Asia. In order to achieve its goal of a stable, independent Central Asia, the United States should seek to promote a regional concert with Russia, China, and the Central Asian states. If this is not fully achievable, the United States should promote maximum cooperation to address shared interests on issues of security and economic development.
Topic:
Security, Foreign Policy, Partnerships, Economic Development, and Strategic Interests
Political Geography:
Russia, China, Central Asia, Asia, and United States of America