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121. New Trends in China's Foreign Investment Strategy

Author:
Lorenzo Sasso
Publication Date:
09-2007
Content Type:
Journal Article
Journal:
The International Spectator
Institution:
Istituto Affari Internazionali
Abstract:
China now holds the world's largest foreign exchange reserves mainly thanks to dynamic export activities. In order to invest and manage these foreign exchange reserves, the Chinese government recently announced the constitution of a new State Foreign Exchange Investment Company (SFEIC) aimed at improving the yield on them. This new investment vehicle will face multiple challenges ranging from showing solid financial gains to establishing effective rules for corporate governance that guarantee transparency in company management. In addition to the legal aspects, numerous economic and political implications will arise from this new government-controlled tool.
Topic:
Government and Governance
Political Geography:
China

122. Legacy Agenda: The Future of the Bush Doctrine, Part II: The Bush Doctrine and the Long War

Author:
Thomas Donnelly and Colin Monaghan
Publication Date:
03-2007
Content Type:
Policy Brief
Institution:
American Enterprise Institute for Public Policy Research
Abstract:
The White House has recently taken important steps to ensure that the tenets of the Bush Doctrine endure beyond the end of President George W. Bush's administration, including a new strategy in Iraq and an increase in the size of U.S. land forces. But as time grows short, the president needs to attend closely to three matters. The first of these—a surge in U.S. efforts in Afghanistan—was discussed in the February 2007 edition of National Security Outlook, is a need as obvious and pressing as Iraq and an important factor in the urgency of rebuilding land forces, especially the Army. The second and third factors are less frequently discussed but essential for the long-term viability of the Bush Doctrine and the continuation of the Pax Americana: articulating a strategy for the “Long War” in the greater Middle East and devising a genuinely global response to the rise of China. This issue of National Security Outlook is devoted to the second factor, the strategy for winning the Long War in the Middle East.
Topic:
Government, National Security, and War
Political Geography:
Afghanistan, United States, China, Iraq, America, Middle East, and Asia

123. Legacy Agenda: The Future of the Bush Doctrine, Part I

Author:
Thomas Donnelly
Publication Date:
02-2007
Content Type:
Policy Brief
Institution:
American Enterprise Institute for Public Policy Research
Abstract:
With the recent announcements of a new strategy for Iraq and a commitment to begin increasing the size of U.S. land forces, the White House has taken two important steps to ensure that the tenets of the Bush Doctrine endure beyond the end of President George W. Bush's administration. Since 9/11 and indeed since the beginning of this administration, strategy has been made by an odd combination of ad hoc improvisation and expansive rhetoric. The day-to-day business of fitting means to ends and filling in the policy blanks has either been delegated to subordinates, left to the bureaucracy, or put in the “too hard” box. As time grows short, Bush needs to attend closely to three further matters. The first is as obvious and pressing as Iraq and an important factor in the need to rebuild land forces, especially the Army: a surge in U.S. efforts in Afghanistan. The second and third factors are less frequently discussed but essential for the long-term viability of the Bush Doctrine and the continuity of the Pax Americana: articulate a strategy for the “long war” in the greater Middle East and devise a genuinely global response to the rise of China. This issue of National Security Outlook begins a series devoted to these three measures of the enduring meaning of the Bush Doctrine.
Topic:
International Relations, Government, and National Security
Political Geography:
Afghanistan, United States, China, Iraq, America, and Asia

124. EU Commercial Policy in a Multipolar Trading System

Author:
Simon Evenett
Publication Date:
04-2007
Content Type:
Working Paper
Institution:
Centre for International Governance Innovation
Abstract:
In recent years, the bipolar multilateral trading system of the post-war years has given way to a multipolar alternative. Although many specifics have yet to be determined, some contours of this new trade policy landscape are coming into focus and in this short paper I examine their implications for the European Union's external commercial policy. Particular attention is given to both the state of business-government relations and the propensity to liberalise under the auspices of reciprocal trade agreements by Brazil, India, and China; the potential new poles of the world trading system. I consider the likely consequences of these developments, plus factors internal to both the European Union and the United States, for the possible con-tent of future multilateral trade initiatives.
Topic:
Development, Government, and International Trade and Finance
Political Geography:
United States, China, Europe, India, and Brazil

125. Narrativas del cambio: Cultura y desarrollo económico regional.

Author:
David Goodman
Publication Date:
04-2007
Content Type:
Working Paper
Institution:
CONfines de Relaciones Internacionales y Ciencia Política
Abstract:
China's economic growth since the late 1970s challenges economic theory so strongly that cultural explanations are often sought. A prime difficulty in such approaches is the operationalisation of the concept of Chinese culture. Culture is more readily and usefully analysed at the local rather than the national level. Local culture has been demonstrated to be important to politics and the emergence of modern Chinese nationalism. The relationship between local culture and economic development is more complex. Local culture provides ideology and often organisation that supports entrepreneurship and the development of specifically local economic activity. Through local studies in three Chinese provinces – Shanxi, Qinghai and Hainan – it is argued that local culture is not only a significant factor of production but also helps explain the trajectory and organisation of local business.
Topic:
Development, Economics, and Government
Political Geography:
China and Asia

126. Challenging Party Hegemony: Identity Work in China's Emerging Virreal Places

Author:
Karsten Giese
Publication Date:
01-2006
Content Type:
Working Paper
Institution:
German Institute of Global and Area Studies
Abstract:
The Chinese Communist Party has chosen to base the legitimacy of its rule on its performance as leading national power. Since national identity is based on shared imaginations of and directly tied to territory – hence place, this paper analyses both heterodox models for identification on the national and potentially competing place-based collective identities on the local level. This analysis, based on communication within a number of popular communication forums and on observation of behavior in the physical reality of today's urban China, shows that communication within the virtual and behavior in the real world are not separated realities but form a new virreal spatial continuum consisting of imagined places both online and offline. I argue that ties to place are stronger and identities constructed on shared imaginations of place are more salient the more direct the experience of place is – be the place real, virtual or virreal. Hence in China challenges to one-party rule will probably accrue from competing localized collective identities rather than from heterodox nationalism.
Topic:
Democratization, Government, and Politics
Political Geography:
China and Asia

127. Ideological Reform and Political Legitimacy in China: Challenges in the Post-Jiang Era

Author:
Heike Holbig
Publication Date:
03-2006
Content Type:
Working Paper
Institution:
German Institute of Global and Area Studies
Abstract:
As a Socialist country undergoing rapid social and economic transition, China presents a revealing case study on the role of ideology in the process of institutional change. Based on Douglass North's theory of institutional change and on David Beetham's theory of political legitimation, this paper argues that recent ideological reforms have been a crucial factor in sustaining the legitimacy of Communist party rule. Ideological change is conceived as a path-dependent process which helps to stabilize the social perception of transition and to frame the party's modernization achievements. At the same time, the dominant role of ideology makes the Chinese party-state, despite its economic success, more vulnerable to legitimacy crises compared to other authoritarian regimes.
Topic:
Government and Politics
Political Geography:
China and Asia

128. In Medias Res: The Development of Shanghai Cooperation Organisation as a Security Community

Author:
Marc Lanteigne
Publication Date:
12-2006
Content Type:
Journal Article
Institution:
University of British Columbia
Abstract:
As the Shanghai Cooperation Organisation observed its fifth anniversary in June 2006, the question of where the regime fits within the expanding area of international strategic institutions in Asia and elsewhere assumes an even greater importance. The SCO has begun to establish itself as a more formal actor in the complex area of Eurasian security, and has evolved from a largely consultative grouping into a security community. As well, the SCO has become the cornerstone of China's Central Asian diplomacy and its promotion of "non-alliance" forms of strategic cooperation. However, despite the SCO's endeavours to portray itself as a forum for information-sharing and confidence-building, as well as political and economic cooperation, hard power considerations remain an important part of the organisation's policymaking. Although the SCO was seen as marginalized when Western forces entered Central Asia after September 2001, the organisation plays key roles and should not be dismissed as a strategic actor and source of regional cooperation. Moreover, with American forces remaining in Central Asia for the foreseeable future and Central Asian governments becoming increasingly concerned about the potential after-shocks of the recent "colour revolutions" in the former USSR, there is the greater possibility that a more mature SCO may engage in overt power-balancing behaviour vis-à-vis the West, resulting in rivalries rather than cooperation. To prevent this scenario, it is argued that the international community should take the opportunity to better engage the SCO in the name of promoting peace and stability in Eurasia.
Topic:
Government
Political Geography:
China, America, Central Asia, and Eurasia

129. Dilemmas Confronting Social Entrepreneurs: Care Homes for Elderly People in Chinese Cities

Author:
Linda Wong and Jun Tang
Publication Date:
12-2006
Content Type:
Journal Article
Institution:
University of British Columbia
Abstract:
In socialist China, rapid aging, severe shortage of public provisions for frail elders, and the state's admitted failure to meet vast unmet needs have led the state to promote the use of non-profits as a key peg of welfare policy for the elderly. To this end, the Chinese government passed the Provisional Regulation on the Registration and Management of Civilian-run Non-enterprise Units in 1998 to set out the legal framework. Using tax exemption and preferential utility charges as baits, the 1998 decree encourages the birth of nonprofits to meet the shortfall in social services. The sharp rise in nonprofit organizations (NPOs) after 1998 suggests the policy is achieving its intended effect. However, the insistence on self-sufficiency and ban on profit taking means that such agencies have to operate as social enterprises, combining their social mission with an entrepreneurial mode of management as they rely on fee charges as the primary income source. The paper begins by examining the policy and demographic contexts for old age care and the concepts of NPOs, social enterprises and social entrepreneurship. It then presents research findings on the agency profiles and operational experiences of 137 non-state care homes in three Chinese cities. This is followed by an analysis of the motives for social entrepreneurship, namely family circumstances, personal attributes, social commitment, and entrepreneurial drive. The final part discusses the link between the nonprofit policy, NPO attributes and social entrepreneurship. It is argued that it is the peculiarity of the existing policy that attracted a very special group of social investors into the old age care business.
Topic:
Government
Political Geography:
China

130. The Long March in Hong Kong: Continuing Steps in the Transition from Colony to Democracy

Author:
Herman B. Leonard and Thomas S. Axworthy
Publication Date:
08-2006
Content Type:
Working Paper
Institution:
The John F. Kennedy School of Government at Harvard University
Abstract:
Avowedly apolitical, Hong Kong is in the midst of the most rapid political transition in China and the success of this transition is crucial not only for the seven million residents of Hong Kong, but also for the future of China itself. How the authorities in Beijing respond to democratic demands from Hong Kong, and how the government of Hong Kong treads a democratic pathway within the boundaries of the Basic Law, are two of the most important questions in international politics today. China's decisions about Hong Kong will tell us much about the prospects of democratic transformation in China itself, and on that crucible the future of the 21 st century might turn.
Topic:
International Relations, Globalization, and Government
Political Geography:
China, Israel, Beijing, and Hong Kong