1. The Rise and Rise of China: (And What Should Be Done About It)

2021 ◽  
pp. 14-37
Keyword(s):  
Author(s):  
Roberts Cynthia ◽  
Leslie Armijo ◽  
Saori Katada

This chapter evaluates multiple dimensions of the global power shift from the incumbent G5/G7 powers to the rising powers, especially the members of the BRICS (Brazil, Russia, India, China, and South Africa). Taking note of alternative conceptualizations of interstate “power,” the text maps the redistribution of economic capabilities from the G7 to the BRICS, most particularly the relative rise of China and decline of Japan, and especially Europe. Given these clear trends in measurable material capabilities, the BRICS have obtained considerable autonomy from outside pressures. Although the BRICS’ economic, financial, and monetary capabilities remain uneven, their relative positions have improved steadily. Via extensive data analysis, the chapter finds that whether one examines China alone or the BRICS as a group, BRICS members have achieved the necessary capabilities to challenge the global economic and financial leadership of the currently dominant powers, perhaps even the United States one day.


2019 ◽  
Vol 75 (2) ◽  
pp. 137-154
Author(s):  
Sanjeev Kumar

In recent years, there has been a rise in China’s profile in South Asia. It is no surprise that Chinese experts have used terms, such as ‘new springtime’ in China–South Asia relations, ‘rediscovery of the strategic status of South Asia’ and ‘most relevant region with regard to the rise of China’.    The objective of this article is to examine the nature and drivers of China’s South Asia policy, especially under the leadership of Xi Jinping vis-à-vis China’s policy towards the region in the past. It is not sufficient to only examine international factors or foreign and security policy in the context of the neighbouring region, such as South Asia. China’s ‘domestic periphery’ presents a significant threat to its national security. These areas are linked to neighbouring countries of South Asia and Central Asia. The announcement by Chinese President Xi Jinping of a ‘New Era’ or ‘third era’ in the history of Communist Party of China (CPC) represents a China which is known for its dictum ‘striving for achievement’ ( fenfa youwei). This is different from the second era’s policy of ‘keeping a low profile and biding the time’ proposed by Deng Xiaoping. Of course, the name of Mao Zedong is synonymous with the first era beginning from 1949.


Author(s):  
Matteo Marenco

Abstract This article reviews three books that offer thought-provoking insights on a central political science question, namely the relationship between capitalism and democracy in the twenty-first century. First, ‘Democracy and Prosperity’ by Iversen and Soskice posits a symbiotic relationship between capitalism and democracy. Advanced capital thrives on nationally rooted institutions, hence it needs democratic politics. A majority of voters ask for pro-advanced-capital reforms, hence democratic politics needs advanced capital. Second, ‘Capitalism, Alone’ by Milanovic depicts a troubled coexistence between capitalism and democracy. The former's tendency to concentrate economic and political power in the hands of the few is the main reason why democratic politics is under pressure. Third, ‘The Age of Surveillance Capitalism’ by Zuboff suggests a negative relationship between digital capitalism and democracy. Surveillance capitalism increasingly acts as a control means of individuals' behaviour, which undermines democracy at its roots. The last section brings the three contributions together. It maintains that a mutually beneficial coexistence between capitalism and democracy currently faces both internal (from within) and external (from without) challenges. In line with Milanovic and Zuboff, it argues that the concentration of economic and political power in the hands of the few is the most apparent from-within challenge. Drawing on Milanovic, it contends that rise of China as a global power combining capitalism with non-democracy challenges the relationship between capitalism and democracy from without. Finally, it contends that the environmental question and the pandemic represent two windows of opportunity for democracy to recover lost ground and re-establish a more balanced relationship with capitalism.


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