A Review of “The Rise of China: Essays on the Future Competition”

2010 ◽  
Vol 39 (2) ◽  
pp. 121-121
Author(s):  
Mark P. Lagon
2020 ◽  
Vol 16 (7) ◽  
pp. 1
Author(s):  
Syed Muhammad Saad Zaidi ◽  
Adam Saud

In contemporary times, the geo-political agenda and geo-economic strategy of the world is being dominated by the ongoing US-China hegemonic competition. Where the United States is trying to prolong the ‘unipolar moment’ and deter the rise of China; China is trying to establish itself as the hegemon in the Eastern hemisphere, an alternate to the US. The entirely opposite interests of the two Great Powers have initiated a hostile confrontational competition for domination. This paper seeks to determine the future nature of the US-China relations; will history repeat itself and a bloody war be fought to determine the leader of the pack? or another prolonged Cold War will be fought, which will end when one side significantly weakens and collapses? Both dominant paradigms of International Relations, Realism and Liberalism, are used to analyze the future nature of the US-China relations.


Ekonomika ◽  
2014 ◽  
Vol 93 (3) ◽  
pp. 7-24
Author(s):  
Karina Jędrzejowska

The main goal of the paper is to examine the key features of the current international monetary system and provide an overview of scenarios for the future global monetary arrangements. It is noted that just a few years back there seemed to be a bipolar monetary system based on the U.S. dollar and the euro in the making. The rise of China and the possible emergence of the Chinese renminbi as an international currency gave way to a debate on a tripolar monetary system. Today, the future of the international monetary system is still open. It needs reforming in order to meet the requirements of the new global order with multiple growth centers, the growing role of transnational actors, and the increasing global influence of the major emerging economies.The analysis reveals that the relations among the major international currencies are changing, and today at least three scenarios for the future monetary order seem possible. These are the maintenance of the U.S. dollar domination, a shift towards a multipolar currency order, and the gradual regionalization of the currency order. The concept of a single currency – though theoretically attracting – seems impossible to be implemented in the foreseeable future. The analysis is based on monetary and economic theories, historical patterns of the development of monetary regimes, and an extensive literature overview backed by the data provided by the International Monetary Fund (IMF) and the Bank for International Settlements (BIS). 


2017 ◽  
Author(s):  
Bentley Allan ◽  
Srdjan Vucetic ◽  
Ted Hopf

Existing theories predict that the rise of China will trigger a hegemonic transition and the current debate centers on whether or not the transition will be violent or peaceful. This debate largely sidesteps two questions that are central to understanding the future of international order: how strong is the current Western hegemonic order and what is the likelihood that China can or will lead a successful counter-hegemonic challenge? We argue that the future of international order is shaped not only by material power but also by the distribution of identity across the great powers. We develop a constructivist account of hegemonic transition that theorizes the role of the distribution of identity in international order. In our account, hegemonic orders depend on a legitimating ideology that must be consistent with the distribution of identity at both the level of elites and masses. We map the distribution of identity across nine great powers and assess how this distribution supports the current Western neoliberal democratic hegemony. We conclude that China is unlikely to become the hegemon in the near-term. First, the present order is strongly supported by the distribution of identity in both Western states and rising powers like India and Brazil. Second, China is unlikely to join the present order and lead a transition from within because its authoritarian identity conflicts with the democratic ideology of the present order. Finally, China is unlikely to lead a counter-hegemonic coalition of great powers because it will be difficult to build an appealing, universal ideology consistent with the identities of other great powers.


Author(s):  
Ji-Young Lee

The concluding chapter begins by offering a succinct summary of the book’s overall arguments and elaborates how they contribute to the fields of international relations, Asian Studies, and social science more broadly. It then discusses the relevance of the book’s arguments for ongoing policy debates regarding the future of American hegemony with the rise of China. From a meta-theoretical point of view, I end the book with a caveat that one cannot predict the future with certainty.


2019 ◽  
pp. 265-288
Author(s):  
Anu Bradford

Chapter 9 concludes this book by looking into the future. It addresses both external and internal challenges to EU’s regulatory hegemony and examines whether and how the Brussels Effect will persist, given these challenges. The impending departure of the United Kingdom from the EU may appear to weaken the EU’s regulatory power. The growing concerns over the future of multilateral institutions and international cooperation may also challenge the EU’s ability to shape the global regulatory environment. Additional challenges loom on the horizon. These include the rise of China and other emerging powers that will gradually erode the relative market power of the EU. Technological change may revolutionize industrial processes, allowing for greater customization and thereby reducing the need to produce to a single global (often European) standard. Finally, the EU’s internal political struggles may compromise its ability to engage in effective rule making as the anti-EU sentiment grows. This chapter will consider each of these challenges in turn, offering an account of not just the EU’s regulatory power but the persistence of that power.


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