Not Chinese exceptionalism, but comparative institutionalism!

2018 ◽  
Vol 8 (3) ◽  
pp. 289-293 ◽  
Author(s):  
Jun Zhang

In this commentary, I endorse Töpfer’s critique on the conceptual centrality of ‘lead firms’ in the existing global production network/global financial network analyses and her argument to restore the primary role of the state in theorizing global financial integration. I suggest that the next step on the research agenda is to go beyond Chinese exceptionalism and develop an integrated politico-institutional framework that can enable critical, comparative studies of territorially variegated economic globalization.

2021 ◽  
pp. 187-213
Author(s):  
Dan Taylor

Chapter 7 turns to the state, and Spinoza’s ideas in the TP about the role of the state in establishing the conditions for peace, piety and mutual assistance. Does Spinoza champion a proto-liberal sovereignty of reduced scale, founded in deliberation, toleration and free speech, or should the state actively intervene in the lives of its subjects? If he seems to emphasise both, why, and are the two compatible? What late and new role does the multitude play in the establishment and maintenance of social cohesion? The TP itself has been under-appreciated in providing a deeper exposition of the pre-eminence of the affects to political life. Here the multitude appear on stage, and their common feelings and desires take a primary role in the freedom and security of the state. The chapter identifies Spinoza’s aim in this late, unfinished work as one to describe a reasonable republic, that is, an optimum state whose foundation and laws are strictly, scientifically reasonable. I then critically assess Spinoza’s attempt to load the burden of becoming freer onto the state itself, resulting in some potentially unresolvable paradoxes for individual freedom


2011 ◽  
Vol 19 (1) ◽  
pp. 69-91 ◽  
Author(s):  
Jacobus Delwaide

Massive government-financed rescue operations for banking and insurance industries in the United States and in Europe, seeking to contain the financial crisis that culminated in 2008, amounted to ‘the biggest, broadest and fastest government response in history.’1This ‘great stabilisation,’ asThe Economistcalled it, resulting in ‘quasi’ or ‘shadow nationalization,’2cast doubt on the notion, fashionable at the height of the neoliberal wave, that the state was essentially on its way out, as many of its tasks and responsibilities were oozing steadily and irreversibly toward the market. The state and, by the same token, the political seemed back – with a vengeance, triggering solemn announcements of ‘the return of the state’ and ‘the end of the ideology of public powerlessness.’3Observers concurred. ‘Free-market capitalism, globalization, and deregulation’ had been ‘rising across the globe for 30 years,’ yet that era now had ended: ‘Global economic and financial integration are reversing. The role of the state, together with financial and trade protectionism, is ascending.’4Triggering a perceived ‘paradigm shift towards a more European, a more social state,’ even in the United States and in China, the crisis was seen to herald a move ‘back towards a mixed economy.’5The question, meanwhile, remained: had the state indeed withdrawn as much during the neoliberal era as is often assumed?


1981 ◽  
Vol 13 (10) ◽  
pp. 1191-1196 ◽  
Author(s):  
M Dear

This essay is intended as an informal introduction to the papers and commentaries on the state contained in this special issue of Environmental and Planning A. It is presented in the form of a research agenda, which itself may provoke further debate on the role of the state in sociospatial processes. Two main themes are identified. The first concerns the form of the capitalist state and its historical evolution. The second addresses the functions of the state apparatus.


Author(s):  
Henry Wai‐chung Yeung

This chapter highlights and evaluates the most significant economic–geographical research that examines the logic and role of production networks in facilitating global–local economic integration. It first explains how the global production network (GPN) approach describes and explains the logic of this global–local economic integration. Advocating a network understanding of the economic–geographical process of value transformation in a global mosaic of local and regional economies, this approach has deployed or developed three central concepts—power relations, network and territorial embeddedness, and strategic coupling. The chapter then considers the significance of this GPN literature, its key controversies, and the prospects and future directions for research in, what might be termed, GPN 2.0 research in economic geography in the next ten to fifteen years.


2017 ◽  
Author(s):  
Jacobus Delwaide

Massive government-financed rescue operations for banking and insurance industries in the United States and in Europe, seeking to contain the financial crisis that culminated in 2008, amounted to ‘the biggest, broadest and fastest government response in history.’ This ‘great stabilisation,’ as The Economist called it, resulting in ‘quasi’ or ‘shadow nationalization,’ cast doubt on the notion, fashionable at the height of the neoliberal wave, that the state was essentially on its way out, as many of its tasks and responsibilities were oozing steadily and irreversibly toward the market. The state and, by the same token, the political seemed back – with a vengeance, triggering solemn announcements of ‘the return of the state’ and ‘the end of the ideology of public powerlessness.’ Observers concurred. ‘Free-market capitalism, globalization, and deregulation’ had been ‘rising across the globe for 30 years,’ yet that era now had ended: ‘Global economic and financial integration are reversing. The role of the state, together with financial and trade protectionism, is ascending.’ Triggering a perceived ‘paradigm shift towards a more European, a more social state,’ even in the United States and in China, the crisis was seen to herald a move ‘back towards a mixed economy.’ The question, meanwhile, remained: had the state indeed withdrawn as much during the neoliberal era as is often assumed?


2018 ◽  
Vol 19 (4) ◽  
pp. 829-851 ◽  
Author(s):  
Moritz Breul ◽  
Javier Revilla Diez ◽  
Maxensius Tri Sambodo

Abstract The Global Production Network (GPN) approach has not yet considered the importance of territorial intermediaries for strategic coupling. This article demonstrates how the prospects of strategic coupling for the case of Vietnam and Indonesia with the oil and gas GPN are affected by the gateway role of Singapore. Based on interviews, the analysis reveals how Singapore influences regional economic development along the GPN through different filtering mechanisms, limiting the potential for strategic coupling for Vietnam and Indonesia. For GPN research, the identified filtering mechanisms illustrate how the territoriality of GPNs contributes to differentiated territorial outcomes. The findings therefore indicate the need to intensify the appreciation of the particular territorial configuration of GPNs as this yields considerable explanatory power for understanding the unequal contours of the global economy.


2017 ◽  
Vol 42 (4) ◽  
pp. 509-528 ◽  
Author(s):  
Siobhan McGrath

In spite of serving as the purported goal of the global production network (GPN) approach, development has been left undefined in the GPN literature, with ‘GPN 2.0’ now offering an impoverished understanding of development. This article reviews the elaboration of the ‘core concepts’ of the GPN approach: value, power, embeddedness – and development. I argue that the dis/articulations perspective is useful in offering a critical interrogation of d/Development, and that this has implications for value, power and embeddedness. The disarticulations perspective takes the determination of value into account and highlights the role of borders and discursive boundaries in structuring power relations


2020 ◽  
pp. 030913252091199
Author(s):  
Marion Werner

As corporate power strains the liberal hegemony that has stabilized the globalization project, it is no wonder that scholars of global production are increasingly turning their attention to the role of the state. While the long-held assumption that the state primarily acted to facilitate capital’s priorities remains accurate, it is nonetheless incomplete. I discuss studies that focus on other state roles (regulator, buyer and producer) and pay particular attention to the ways that restrictive trade regulations and state-owned enterprises shape production arrangements. Turning from state roles (i.e. what states do), I go on to examine critical scholarship that focuses on why states act in the ways that they do and how social forces and class dynamics shape these institutional arrangements. Recent studies of labor regimes, the political economy of smallholder value chains, and the dialectic of geoeconomic/geopolitical logics offer useful insights into the role states play to stabilize (or not) global production arrangements. Overall, examining the state-production network nexus can shed light on the possibilities to work with, through or against the state in order to transform the relations of power materialized in and through global production networks.


Author(s):  
Topher L. McDougal

This chapter will outline some conceptual frameworks for understanding why and under what circumstances rural dwellers might take up their pitchforks against urban centers. Section 2.1 establishes common definitions of the terms and concepts employed. Section 2.2 explains the advantages of using a production network lens to examine the economy. Section 2.3 places the following chapters in a unifying theoretical framework, introduce the role of the state and mechanisms and processes of economic governance more generally. It describes the twin processes of production and predation as aspects of a broader dialectic between intensification and extensification. Section 2.4 constructs a simple model of the rural-urban relationship in conflict to theorize when predators will attempt to prey on the cities, versus when they remain in hinterlands.


Author(s):  
Karen Lai

This chapter identifies three key research themes for investigating the financialization of everyday life, whereby individual subjectivity, aspiration, and forms of conduct at the level of individuals and households are increasingly tied to financial structures and logics. The first theme analyses how new intermediaries of finance have increased the influence and pervasiveness of financial instruments and solutions in everyday life. The second examines the discourse of risk taking and self-management that has shaped the formation of financial subjects. The third concerns the role of the state in financialization and considers whether it is a distant or reactionary agent in ‘context’ or a strategic actor who mobilizes financialization scripts for political–economic purposes. A research agenda is put forward that highlights the household as a key site from which to explore the constructions and practices of financialization and proposes specific areas for future research.


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