Making Of An Economic Superpower, The: Unlocking China's Secret Of Rapid Industrialization

Making Of An Economic Superpower, The: Unlocking China's Secret Of Rapid Industrialization

Author: Yi Wen

Publisher: World Scientific

Published: 2016-05-13

Total Pages: 336

ISBN-13: 9814733741

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The rise of China is no doubt one of the most important events in world economic history since the Industrial Revolution. Mainstream economics, especially the institutional theory of economic development based on a dichotomy of extractive vs. inclusive political institutions, is highly inadequate in explaining China's rise. This book argues that only a radical reinterpretation of the history of the Industrial Revolution and the rise of the West (as incorrectly portrayed by the institutional theory) can fully explain China's growth miracle and why the determined rise of China is unstoppable despite its current 'backward' financial system and political institutions. Conversely, China's spectacular and rapid transformation from an impoverished agrarian society to a formidable industrial superpower sheds considerable light on the fundamental shortcomings of the institutional theory and mainstream 'blackboard' economic models, and provides more-accurate reevaluations of historical episodes such as Africa's enduring poverty trap despite radical political and economic reforms, Latin America's lost decades and frequent debt crises, 19th century Europe's great escape from the Malthusian trap, and the Industrial Revolution itself.


AI Superpowers

AI Superpowers

Author: Kai-Fu Lee

Publisher: Harper Business

Published: 2018

Total Pages: 275

ISBN-13: 132854639X

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AI Superpowers is Kai-Fu Lee's New York Times and USA Today bestseller about the American-Chinese competition over the future of artificial intelligence.


The Return of Bipolarity in World Politics

The Return of Bipolarity in World Politics

Author: Øystein Tunsjø

Publisher: Columbia University Press

Published: 2018-02-27

Total Pages: 283

ISBN-13: 0231546904

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Since the collapse of the Soviet Union, the international system has been unipolar, centered on the United States. But the rise of China foreshadows a change in the distribution of power. Øystein Tunsjø shows that the international system is moving toward a U.S.-China standoff, bringing us back to bipolarity—a system in which no third power can challenge the top two. The Return of Bipolarity in World Politics surveys the new era of superpowers to argue that the combined effects of the narrowing power gap between China and the United States and the widening power gap between China and any third-ranking power portend a new bipolar system that will differ in crucial ways from that of the last century. Tunsjø expands Kenneth N. Waltz’s structural-realist theory to examine the new bipolarity within the context of geopolitics, which he calls “geostructural realism.” He considers how a new bipolar system will affect balancing and stability in U.S.-China relations, predicting that the new bipolarity will not be as prone to arms races as the previous era’s; that the risk of limited war between the two superpowers is likely to be higher in the coming bipolarity, especially since the two powers are primarily rivals at sea rather than on land; and that the superpowers are likely to be preoccupied with rivalry and conflict in East Asia instead of globally. Tunsjø presents a major challenge to how international relations understands superpowers in the twenty-first century.


Superpower Interrupted

Superpower Interrupted

Author: Michael Schuman

Publisher: PublicAffairs

Published: 2020-06-09

Total Pages: 379

ISBN-13: 154178832X

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This global history as the Chinese would write it gives brilliant and unconventional insights for understanding China's role in the world, especially the drive to "Make China Great Again." We in the West routinely ask: "What does China want?" The answer is quite simple: the superpower status it always had, but briefly lost. In this colorful, informative story filled with fascinating characters, epic battles, influential thinkers, and decisive moments, we come to understand how the Chinese view their own history and how its narrative is distinctly different from that of Western civilization. More important, we come to see how this unique Chinese history of the world shapes China's economic policy, attitude toward the United States and the rest of the world, relations with its neighbors, positions on democracy and human rights, and notions of good government. As the Chinese see it, for as far back as anyone can remember, China had the richest economy, the strongest military, and the most advanced philosophy, culture, and technology. The collision with the West knocked China's historical narrative off course for the first time, as its 5,000-year reign as an unrivaled superpower came to an ignominious end. Ever since, the Chinese have licked their wounds and fixated on returning their country to its former greatness, restoring the Chinese version of its place in the world as they had always known it. For the Chinese, the question was never if they could reclaim their former dominant position in the world, but when.


The Hundred-Year Marathon

The Hundred-Year Marathon

Author: Michael Pillsbury

Publisher: Henry Holt and Company

Published: 2015-02-03

Total Pages: 397

ISBN-13: 162779011X

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One of the U.S. government's leading China experts reveals the hidden strategy fueling that country's rise – and how Americans have been seduced into helping China overtake us as the world's leading superpower. For more than forty years, the United States has played an indispensable role helping the Chinese government build a booming economy, develop its scientific and military capabilities, and take its place on the world stage, in the belief that China's rise will bring us cooperation, diplomacy, and free trade. But what if the "China Dream" is to replace us, just as America replaced the British Empire, without firing a shot? Based on interviews with Chinese defectors and newly declassified, previously undisclosed national security documents, The Hundred-Year Marathon reveals China's secret strategy to supplant the United States as the world's dominant power, and to do so by 2049, the one-hundredth anniversary of the founding of the People's Republic. Michael Pillsbury, a fluent Mandarin speaker who has served in senior national security positions in the U.S. government since the days of Richard Nixon and Henry Kissinger, draws on his decades of contact with the "hawks" in China's military and intelligence agencies and translates their documents, speeches, and books to show how the teachings of traditional Chinese statecraft underpin their actions. He offers an inside look at how the Chinese really view America and its leaders – as barbarians who will be the architects of their own demise. Pillsbury also explains how the U.S. government has helped – sometimes unwittingly and sometimes deliberately – to make this "China Dream" come true, and he calls for the United States to implement a new, more competitive strategy toward China as it really is, and not as we might wish it to be. The Hundred-Year Marathon is a wake-up call as we face the greatest national security challenge of the twenty-first century.


China and the World Since 1945

China and the World Since 1945

Author: Chi-kwan Mark

Publisher: Routledge

Published: 2013-03

Total Pages: 161

ISBN-13: 1136644776

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China and the World since 1945 offers an overview of China’s involvement in the Korean War, the Sino-Soviet split, Sino-American rapprochement, the end of the Cold War, and globalization. It assesses the roles of security, ideology, and domestic politics in Chinese foreign policy and provides a synthesis of the latest archival-based research on China’s diplomatic history and Cold War international history.


China and the United States

China and the United States

Author: Shixiong Cheng

Publisher: Cambridge Scholars Publishing

Published: 2018-11-12

Total Pages: 277

ISBN-13: 1527521389

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In recent decades, China has been increasingly seen as a land of seemingly limitless opportunity for transnational corporations and economic growth. In the early 1990s, China’s late leader, Deng Xiaoping, welcomed multinationals into many strategic industries. Since then, this country has grown to become the world’s second largest economy, behind only the United States. This book uses the latest economic and business information to show how the business and economic environments of China and the United States are intertwined, and offers a detailed account of how multinationals from the United States have been incorporated into the Chinese economy. Bringing together contributions by a number of well-known scholars from both China and abroad, this volume, as part of the Transnational Corporations Council of Studies series, allows the reader to navigate multinationals’ interactions with the Sino-American economy.


The Paradox of Power

The Paradox of Power

Author: David C. Gompert

Publisher: Government Printing Office

Published: 2020

Total Pages: 236

ISBN-13: 9780160915734

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The second half of the 20th century featured a strategic competition between the United States and the Soviet Union. That competition avoided World War III in part because during the 1950s, scholars like Henry Kissinger, Thomas Schelling, Herman Kahn, and Albert Wohlstetter analyzed the fundamental nature of nuclear deterrence. Decades of arms control negotiations reinforced these early notions of stability and created a mutual understanding that allowed U.S.-Soviet competition to proceed without armed conflict. The first half of the 21st century will be dominated by the relationship between the United States and China. That relationship is likely to contain elements of both cooperation and competition. Territorial disputes such as those over Taiwan and the South China Sea will be an important feature of this competition, but both are traditional disputes, and traditional solutions suggest themselves. A more difficult set of issues relates to U.S.-Chinese competition and cooperation in three domains in which real strategic harm can be inflicted in the current era: nuclear, space, and cyber. Just as a clearer understanding of the fundamental principles of nuclear deterrence maintained adequate stability during the Cold War, a clearer understanding of the characteristics of these three domains can provide the underpinnings of strategic stability between the United States and China in the decades ahead. That is what this book is about.


China 2049

China 2049

Author: David Dollar

Publisher: Brookings Institution Press

Published: 2020-06-09

Total Pages: 444

ISBN-13: 0815738064

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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.