China and the United States in the Andes

2017 ◽  
Author(s):  
Ruben Gonzalez-Vicente
Keyword(s):  
United States ◽  
Global Economy ◽  
The United States ◽  
National Politics ◽  
Economic Competition ◽  
Environmental Pressures ◽  
Post Cold War ◽  
Environmentally Sustainable ◽  
The Andes ◽  
Economic Trends

Politics in the Andes in the post–Cold War era are not at the mercy of “inter-national” dynamics but are mostly affected by global economic trends. While the United States and China have somewhat distinct approaches—in part determined by their own positions in the global economy—they both deepen the entrance of global markets in the region. Economic competition within a U.S.- and China-centric business-led globalization poses important challenges for industrialization and socially and environmentally sustainable development in the Andes. The four countries here analyzed (Chile, Peru, Ecuador, and Colombia) are thus in a curious position. Their civil societies are as vibrant as ever, and their national politics more immune to foreign intervention, yet they increasingly face similar economic and environmental pressures through their investment, trade, and finance links with the world’s two largest economies.

scholarly journals US-China Economic Confrontation: Ideology, Chronology, Meaning

2019 ◽  
Vol 19 (1) ◽  
pp. 35-46 ◽  
Author(s):  
Andrei Olegovich Vinogradov ◽  
Alexander Igorevich Salitsky ◽  
Nelli Kimovna Semenova
Keyword(s):  
United States ◽  
International Trade ◽  
Global Economy ◽  
The United States ◽  
Economic Competition ◽  
Economic Relations ◽  
The World ◽  
History Of ◽  
World Economic ◽  
Trade War

In summer 2018 the United States launched a trade war against China. Before that, there was a chance that both sides would find a compromise, some hopes were still in place during bilaterial negotiations in May. However, new US tariffs on import from China were imposed in July and August with the total of $50 billion. Beijing responded proportionally. September brought another round of US tariffs worth $200 billion. The successful economic growth of China leads to the transformation of the world economic space, where the leading positions are still occupied by the countries of the West. The new US administration, fearing economic competition, announced a policy of containing China. In this case, Washington is going to violate the existing rules of international trade. The tension in the economic relations of the United States and China is growing. The authors look into the history, ideology and details of the conflict between two major powerhouses of the global economy. They try to investigate how both countries will be affected by the emerging trade war, which is also challenging the whole system of international trade regulation. Besides, the conflict between Washington and Beijing is understood as a fundamental shift in the world economy and politics where rising powers take the lead in globalization. For the first time in the history of Sino-American relations economic tensions between the two sides have reached such a scale. Analysis of their consequences far exceeds the standard methods of assessment of trade policy measures.

scholarly journals OS ESTADOS UNIDOS, A AMÉRICA LATINA E O MUNDO DO SÉCULO XXI: FORJANDO UM NOVO ESPAÇO GEOPOLÍTICO

2016 ◽  
Vol 4 (8) ◽  
Author(s):  
Severino Cabral
Keyword(s):  
United States ◽  
Cold War ◽  
Global Economy ◽  
The United States ◽  
Post Cold War ◽  
New Era ◽  
International Environment ◽  
America Latina ◽  
Relationship Of ◽  
The Relationship

The paper aims to analyze the relationship of the United States and Cuba considering the post-Cold War international environment, characterized by the rise of a multipolar order and Chinese influence, and the emergence of the Latin world and other relevant regional actors in a new era of global economy.       

Ocena antykryzysowej polityki gospodarczej Stanów Zjednoczonych i wybranych państw członkowskich Unii Europejskiej w latach 2005–2014

2016 ◽  
pp. 26-46
Author(s):  
Marcin Jan Flotyński
Keyword(s):  
United States ◽  
European Union ◽  
Financial Markets ◽  
Global Economy ◽  
Global Financial Crisis ◽  
The United States ◽  
The European Union ◽  
High Volatility ◽  
The Global Financial Crisis ◽  
Domestic Products

The global financial crisis in 2007–2009 began a period of high volatility on the financial markets. Specifically, it caused an increased amplitude of fluctuations of the level of gross domestic products, the level of investment and consumption and exchange rates in particular countries. To address the adverse market circumstances, governments and central banks took actions in order to bolster the weakening global economy. The aim of this article is to present the anti-crisis actions in the United States and selected member states of the European Union, including Poland, and an assessment of their efficiency. The analysis conducted indicates that generally the actions taken in the United States in response to the crisis were faster and more adequate to the existing circumstances than in the European Union.

Restraints on Conflict in the China-US Relationship

2017 ◽  
Author(s):  
Rosemary Foot
Keyword(s):  
United States ◽  
World Order ◽  
The United States ◽  
State Agency ◽  
Power Transition ◽  
Insufficient Attention ◽  
Historical Awareness ◽  
Economic Trends ◽  
Military Budget

Like the study of China itself, theorists of power transition have lately experienced a resurgence of interest in their arguments. As China has emerged as the world’s second-largest economy, with the second-largest military budget, and has become more assertive internationally under a seemingly more powerful president, the picture painted is one of growing morbidity: war between China, the putative rising dissatisfied power, and the United States, the declining hegemon, has allegedly become highly probable. This chapter critiques these arguments and highlights the restraints on conflict that generally are given insufficient attention in power transition approaches that deal with the Sino-American relationship. The chapter argues that historical awareness among leaders, state agency, and complex economic trends that are central to the understanding of this hybrid world order, together with the domestic preoccupations of these two central protagonists, are factors that work to inhibit the outbreak of war.

The United States, China, and the Politics of Hegemonic Ordering in East Asia

2021 ◽  
Author(s):  
Beverley Loke
Keyword(s):  
United States ◽  
East Asia ◽  
The United States ◽  
English School ◽  
Post Cold War ◽  
Regional Dynamics ◽  
Regional Order ◽  
Us Hegemony ◽  
Power Position ◽  
Hybrid Forms

Abstract China's rise has raised important questions about the durability of US hegemony in East Asia. Much of the debate, however, has generally been cast in fairly simplistic terms, suggesting the durability or end of US regional hegemony. Such framings nevertheless fail to fully capture regional dynamics and complexity. Advancing an English School conception of hegemony, this paper examines the politics, contestation, and renegotiation of the post–Cold War US hegemonic order in East Asia. It maps out four logics of hegemonic ordering in the existing literature, outlines their shortfalls and advances a twofold argument. First, although regional order will not disintegrate into binary “order versus disorder” or “US versus Chinese hegemony” scenarios, the politics of hegemonic ordering—the interactive discourses, processes, relations, and practices that underpin hegemony—will intensify as the United States and China continue to both cooperate and compete for power, position, and influence in East Asia. Second, I argue that the East Asian regional order will evolve in ways that resemble hybrid forms of hegemony in a complex hierarchy. Specifically, I develop a new logic—“coalitional and collaborative hegemonies in a complex hierarchy”—that is anchored in assertiveness, fluidity, and compartmentalization. It demonstrates that Washington and Beijing will not only form coalitional hegemonies, seeking legitimation from multiple and often overlapping constituencies, but also engage in a collaborative hegemony on shared interests. This better reflects evolving regional dynamics and yields theoretical insights into examining hegemonic transitions less as clearly delineated transitions from one distinct hegemonic order to the next, and more as partial and hybrid ones.

United States and Its Challenge to Multilateralism in the Global Economy

2018 ◽  
Vol 74 (4) ◽  
pp. 402-419
Author(s):  
Krishnakumar S.
Keyword(s):  
United States ◽  
Global Economy ◽  
World Economy ◽  
Foreign Exchange Market ◽  
Bilateral Trade ◽  
Developing Economies ◽  
The United States ◽  
The Us ◽  
The World ◽  
Merchandise Trade

With Donald Trump as President of United States, multilateralism in the world economy is facing an unprecedented challenge. The international economic institutions that have evolved since the fifties are increasingly under the risk of being undermined. With the growing assertion of the emerging and developing economies in the international fora, United States is increasingly sceptical of its ability to maneuvre such institutions to suit its own purpose. This is particularly true with respect to WTO, based on “one country one vote” system. The tariff rate hikes initiated by the leader country in the recent past pose a serious challenge to the multilateral trading system. The paper tries to undertake a critical overview of the US pre-occupation of targeting economies on the basis of the bilateral merchandise trade surpluses of countries, through the trade legislations like Omnibus Act and Trade Facilitation Act. These legislations not only ignore the growing share of the United States in the growing invisibles trade in the world economy, but also read too much into the bilateral trade surpluses of economies with United States and the intervention done by them in the foreign exchange market.

scholarly journals China’s AI experience: industrial digitalization

2020 ◽  
Vol 28 (3) ◽  
pp. 536-546
Author(s):  
Marina S. Reshetnikova
Keyword(s):  
Artificial Intelligence ◽  
United States ◽  
Global Economy ◽  
The United States ◽  
High Tech ◽  
Global Innovation ◽  
Innovative Products ◽  
Fundamental Research ◽  
The Moment

The rapid acceleration of scientific and technological progress, which started at the beginning of the 21st century, has become a decisive factor in influencing the global economy. Who will lead the global innovation race? This problem is especially relevant in the field of artificial intelligence (AI). At the moment, the United States and China are the main participants in the battle for dominance in this area. The author assesses Chinas innovative potential in the field of AI and identifies its achievements in this area. Based on the statistics provided, Chinas AI leadership has reached a critical point. China is confidently leading the new fundamental research of artificial intelligence, forming its theoretical base and applied research and development, which will contribute to the creation of new high-tech innovative products and services. However, in terms of the number and quality of AI specialists (AI Talents) and the number of companies engaged in AI, China is still lagging behind its main rival, namely the United States. The author proved that, despite the obvious successes of China, the United States still has an equal lead in the global innovation race.

scholarly journals Is It Time for the Beaver to Hop off the Eagle? A Case for Canada to Reconsider Its Geopolitical Alignment with the United States

2018 ◽  
Vol 1 (1) ◽  
Author(s):  
Kevin Zhou
Keyword(s):  
United States ◽  
Cold War ◽  
International System ◽  
Economic Cost ◽  
The United States ◽  
Islamic State ◽  
Post Cold War ◽  
The Us ◽  
The Korean War ◽  
International Diplomacy

Canada is known for its close relations with the United States in the domains of economic affairs, defence and international diplomacy. This arrangement, however, was a product of the great changes brought about by the Second World War. The combination of British decline, Ottawa’s desire to achieve full independence from London, and the looming Soviet threat during the Cold War created a political environment in which Canada had to become closely integrated with the United States both militarily and economically. Canada did so to ensure its survival in the international system. With the exception of a few controversial issues like US involvement in Vietnam (1955) and Iraq (2003) as well as Ballistic Missile Defence (BMD), Ottawa has been Washington’s closest ally since 1945. On numerous occasions like the Korean War, the Cuban Missile Crisis, and as recently as the War in Afghanistan and the War Against IS (Islamic State), Canada had provided staunch military and diplomatic support to Washington in its engagements around the globe. In an era of relative peace, stability, and certainty, particularly during the Post-Cold War period and the height of American power from 1991 to 2008, this geopolitical arrangement of continental integration had greatly benefited Canada. This era of benefits, however, is arguably drawing to a close. The Great Recession of 2007-09, the situations in Iraq and Afghanistan, and the insistence on pursuing a foreign policy of global primacy despite its significant economic cost, are sending the US down an uncertain path. Due to its close relations and geographical proximity with the US, Canada now faces a hostile international environment that is filled with uncertainty as a result of superpower decline, great power rivalries, environmental degradation, and failed US interventions.

scholarly journals Prediction and comparison of the impact of COVID-19 epidemic on the financial industry of major countries based on neural intelligent algorithm

2020 ◽  
Vol 39 (6) ◽  
pp. 8831-8838
Author(s):  
Bin Wang ◽  
Qingyuan Zhou
Keyword(s):  
United States ◽  
Global Economy ◽  
Mutual Influence ◽  
The United States ◽  
Household Consumption ◽  
Intermediate Input ◽  
Financial Industry ◽  
Government Consumption ◽  
The Impact ◽  
The Relationship

The global economy appears the trend of anti-globalization under the influence of COVID-19. Based on the input-output table of lead database from 2006 to 2020, this paper divides the factors that affect the development of financial industry in China, the United States and Russia into six aspects: price, intermediate input, household consumption, government consumption, export and import. ADGA-BP neural network model is proposed in this paper, which is based on six aspects of price, intermediate input, consumer, government consumption, export and import. The intermediate input is decomposed from the perspective of industrial structure to study the interrelationship between financial industry and other industries in the three countries. The results show that the intermediate input is the main factor in the development of financial industry in the three countries, but the source industries of the intermediate input are not the same; the two factors of household consumption and price are closely related to the development of financial industry in the three countries, and they all play a role in promoting China, while the relationship between household consumption and the United States and between price and Russia is reverse; Government consumption only has a significant impact on Russia; from the perspective of mutual influence, the mutual investment between the financial industry of China and the United States is relatively large, while the relationship between the Russian financial industry and the two countries is relatively weak. It shows that under the background of covid-19, the development of financial industry is affected.

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