Economic Patriotism, Foreign Takeovers, and National Champions

2011 ◽  
Keyword(s):  
National Champions ◽  
Economic Patriotism

scholarly journals External governance and economic patriotism in European policies

2013 ◽  
pp. 35-39
Author(s):  
Zoltán Eperjesi
Keyword(s):  
European Union ◽  
The European Union ◽  
International Organisations ◽  
Regulation Mechanisms ◽  
External Governance ◽  
European Policies ◽  
National Champions ◽  
Theoretical Foundations ◽  
Economic Patriotism ◽  
The Eu

The concept of external governance tries to define the expanding scope of EU rules beyond EU borders. This article presents the theoretical foundations of the concept, differentiating the various institutional modes according to which external governance may take place. Due to the financial and economic crisis the European Union is forced to strengthen its competitiveness opposite to cohesion. In the second part of the study I present the five mechanisms by which the European Union may foster its position in the global competition. The five mechanisms are as follows: extension of the political space of the EU, expansion of the regulation mechanisms of the EU, active coaching of international organisations, territorial extension of the EU’s influence, division of the costs of globalization. After that I deal with the different forms of economic patriotism. Economic patriotism plays crucial role in maintaining the performance and strengthening the position of some preferred domestic industries, ‘national champions’. Tools of economic patriotism differ due to ideological affinities.

Sounds without borders: Exploring the cross-national expansion of commercial European Radio Groups

2021 ◽  
pp. 026732312110121
Author(s):  
Montse Bonet ◽  
David Fernández-Quijada
Keyword(s):  
Political Economy ◽  
The Political ◽  
Cultural Industries ◽  
Cross Border ◽  
National Market ◽  
The Cross ◽  
National Champions ◽  
Cross National ◽  
Expansion Strategies

This article aims to study how private European radio is becoming commercially international through the expansion of radio brands beyond their national market. It is the first ever analysis of the expansion strategies of radio groups across Europe, including their footprint in each market in which they operate, from the political economy of cultural industries. The article maps the main radio groups in Europe, analyses cross-national champions in depth and establishes three main types. This study shows that, thanks to the possibilities of a deregulated market, strengthening the role of the brand and the format, and the agreements with other groups, broadcasting radio has overcome the obstacles that, historically, hindered its cross-border expansion.

scholarly journals Central Protectionism in China: The “Central SOE Problem” in Environmental Governance

2017 ◽  
Vol 231 ◽  
pp. 685-704 ◽  
Author(s):  
Sarah Eaton ◽  
Genia Kostka
Keyword(s):  
Electricity Generation ◽  
Environmental Governance ◽  
Oil And Gas ◽  
Governance System ◽  
Central State ◽  
Environmental Guidelines ◽  
Regulatory Capacity ◽  
National Champions ◽  
Central Management ◽  
Regulatory Challenges

AbstractThis article examines the so-called “central State Owned Enterprise (SOE) problem” in China's environmental governance system, namely central SOEs' defiance of environmental regulation. We present evidence showing that, in the last decade, central SOEs have been the source of a large number of serious pollution incidents and have often failed to comply with environmental guidelines and regulations. Central SOEs in the electricity generation and oil and gas industries are particularly culpable, with six firms alone accounting for 62 per cent of all 2,370 reported violations (2004–2016). We argue that a combination of “central protectionism” of state-owned national champions and insufficient regulatory capacity in the environmental bureaucracy have provided state firms under central management with both incentives and opportunities to shirk on environmental regulations. Yet, while the institutions of central protectionism are deeply rooted, countervailing forces within the complex Chinese state are also gaining momentum. In spite of the considerable regulatory challenges, officials in the environment bureaucracy display increasing resolve and ingenuity in trying to strengthen their enforcement capacity.

Facing off on the Final Frontier: The WTO Accession and the Rebranding of China's National Champions

2002 ◽  
Vol 105 (1) ◽  
pp. 130-146 ◽  
Author(s):  
Michael Keane
Keyword(s):  
World Trade ◽  
World Trade Organisation ◽  
Marketplace Of Ideas ◽  
Industry Development ◽  
Chinese Nation ◽  
Cultural Sovereignty ◽  
The World ◽  
Wto Accession ◽  
National Champions ◽  
Open Markets

This paper examines ramifications of China's entry into the World Trade Organisation (WTO) in the context of the increasing internationalization of its audio-visual industry landscape. The paper begins with a discussion of the concept of sovereignty. This is juxtaposed against the proposition advanced by US content industry spokesperson Jack Valenti that liberalisation of markets and openness to ‘ideas' is in China's greater interest. The point is made that a leap of faith between open markets and the ‘marketplace of ideas' is viewed suspiciously by Chinese elites, despite their declaration that WTO accession represents a win-win outcome for the Chinese nation. The second section of the paper looks at how China might respond to reassert cultural sovereignty through industry development, in particular the use of branding and localisation. The conclusion reframes the utility of the idea of sovereignty in the light of China's celebration of national champions.

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