Technological Decoupling Can Us Lose The Pre Eminence Race To China

Author : Simon Lacey
Publisher : Trends Research & advisory
ISBN 13 : 9948874102
Total Pages : 54 pages
Book Rating : 4.02/5 ( download)

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Download or read book Technological Decoupling: Can US Lose the Pre-Eminence Race to China? written by Simon Lacey and published by Trends Research & advisory. This book was released on 2021-01-01 with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt: Various efforts by US lawmakers and the executive during the Trump administration to move toward technological decoupling with China betray a deep-rooted and pathological misunderstanding of how the global technology industry works. They also risk backfiring on five counts. First, it is too little too late. If the United States was serious about policing what it refers to as China’s “innovation mercantilism,” it should have taken steps in this direction almost 15 years ago when China first got serious about increasing “indigenous innovation.” Second, efforts to contain China by cutting off its companies’ access to western technologies and markets are bound to be counterproductive. Chinese firms are sure to gain access sooner or later to these technologies and thereby succeed in their global ambitions anyway. Third, a policy of uncompromising confrontation only strengthens hawkish elements in China and further undercuts China’s case to embrace deeper market opening and structural reforms. Fourth, technological decoupling undermines the US’s relative position and its technology companies’ ability to maintain pre-eminence across a range of advanced technologies. Fifth and finally, US efforts to contain China for the sole purpose of retaining unchallenged hegemony essentially cedes the moral high ground to the Chinese leadership and undermines the US’s position globally as the so-called “city upon a hill.” Instead, the new Biden administration should use the US’s still formidable market power and geopolitical influence to both gently coerce and actively incentivize China into shouldering more responsibilities with its newfound economic power. Indeed, the carnage that the Trump administration has wreaked on the US-China relationship and the many trade and investment restrictions imposed on Chinese firms and imports provide a great starting point for the Biden administration to negotiate with China. They should focus on a more balanced and reciprocal relationship of mutual market openness and competitive opportunities for each nation’s firms and their respective domestic markets.

Author : Diego A. Cerdeiro
Publisher : International Monetary Fund
ISBN 13 : 1513572679
Total Pages : 39 pages
Book Rating : 4.73/5 ( download)

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Download or read book Sizing Up the Effects of Technological Decoupling written by Diego A. Cerdeiro and published by International Monetary Fund. This book was released on 2021-03-12 with total page 39 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper proposes channels through which technological decoupling can affect global growth, and embeds these different layers in a global dynamic macroeconomic model. Multiple scenarios are considered that differ along two dimensions: (i) the coalition of countries (hubs) that initiate the decoupling, and (ii) whether non-hub countries are also forced to decouple via ‘preferential attachment’ – i.e. by aligning themselves with the hub they trade most with. All global technology hubs lose across scenarios, and losses are largest under preferential attachment. Smaller countries with relations that straddle multiple hubs generally lose, whereas those whose trade is heavily concentrated with one hub may gain due to reduced competition under some scenarios. Technological fragmentation can lead to losses in the order of 5 percent of GDP for many economies.

Author : Cheng Li
Publisher : Brookings Institution Press
ISBN 13 : 0815739109
Total Pages : 488 pages
Book Rating : 4.04/5 ( download)

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Download or read book Middle Class Shanghai written by Cheng Li and published by Brookings Institution Press. This book was released on 2021-05-11 with total page 488 pages. Available in PDF, EPUB and Kindle. Book excerpt: The United States may be headed toward a disastrous conflict with China unless Washington updates its understanding of contemporary Chinese society After four decades of engagement, the United States and China now appear to be locked on a collision course that has already fomented a trade war, seems likely to produce a new cold war, and could even result in dangerous military conflict. The current deterioration of the bilateral relationship is the culmination of years of disputes, disillusionment, disappointment, and distrust between the two countries. Washington has legitimate concerns about Beijing's excessive domestic political control and aggressive foreign policy stances, just as Chinese leaders believe the United States still has futile designs on blocking their country's inevitable rise to great-power status. Cheng Li's Middle Class Shanghai argues that American policymakers must not lose sight of the expansive dynamism and diversity in present-day China. The caricature of the PRC as a monolithic Communist apparatus set on exporting its ideology and development model is simplistic and misguided. Drawing on empirical research in the realms of higher education, avant-garde art, architecture, and law, this unique study highlights the strong, constructive impact of bilateral exchanges. Combining eclectic human stories with striking new data analysis, this book addresses the possibility that the development of China's class structure and cosmopolitan culture—exemplified and led by Shanghai—could provide a force for reshaping U.S.-China engagement. Both countries should build upon the deep cultural and educational exchanges that have bound them together for decades. The author concludes that U.S. policymakers should neither underestimate the role and strength of the Chinese middle class, nor ostracize or alienate this force with policies that push it toward jingoistic nationalism to the detriment of both countries and the global community. With its unique focus, this book will enlighten policymakers, scholars, business leaders, and anyone interested in China and its increasingly fraught relations with the United States.

Author : Martin Jacques
Publisher : Penguin
ISBN 13 : 1101151455
Total Pages : 631 pages
Book Rating : 4.57/5 ( download)

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Download or read book When China Rules the World written by Martin Jacques and published by Penguin. This book was released on 2009-11-12 with total page 631 pages. Available in PDF, EPUB and Kindle. Book excerpt: Greatly revised and expanded, with a new afterword, this update to Martin Jacques’s global bestseller is an essential guide to understanding a world increasingly shaped by Chinese power Soon, China will rule the world. But in doing so, it will not become more Western. Since the first publication of When China Rules the World, the landscape of world power has shifted dramatically. In the three years since the first edition was published, When China Rules the World has proved to be a remarkably prescient book, transforming the nature of the debate on China. Now, in this greatly expanded and fully updated edition, boasting nearly 300 pages of new material, and backed up by the latest statistical data, Martin Jacques renews his assault on conventional thinking about China’s ascendancy, showing how its impact will be as much political and cultural as economic, changing the world as we know it. First published in 2009 to widespread critical acclaim - and controversy - When China Rules the World: The End of the Western World and the Birth of a New Global Order has sold a quarter of a million copies, been translated into eleven languages, nominated for two major literary awards, and is the subject of an immensely popular TED talk.

Author : Ross Garnaut
Publisher : ANU E Press
ISBN 13 : 1921536977
Total Pages : 486 pages
Book Rating : 4.77/5 ( download)

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Download or read book China's New Place in a World in Crisis written by Ross Garnaut and published by ANU E Press. This book was released on 2009-07-01 with total page 486 pages. Available in PDF, EPUB and Kindle. Book excerpt: The world and China's place in it have been transformed over the past year. The pressures for change have come from the most severe global financial crisis ever. The crisis has accelerated China's emergence as a great power. But China and its global partners have yet to think or work through the consequences of its new position for the governance of world affairs. China's New Place in a World in Crisis discusses and provides in-depth analysis of the following questions. How have China's growth prospects been affected by the global crisis? How will the crisis and China's response to it impact China's major domestic issues, such as industrialisation, urbanisation and the reform of the state-owned sector of the economy? How will the crisis and the international community's response to it affect the rapidly emerging new international order? What will be China's, and other major developing countries', new role? Can China and the world find a way of breaking the nexus between economic growth and environmental sustainability - especially on the issue of climate change?

Author : Fredrik deBoer
Publisher : All Points Books
ISBN 13 : 1250200385
Total Pages : 272 pages
Book Rating : 4.89/5 ( download)

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Download or read book The Cult of Smart written by Fredrik deBoer and published by All Points Books. This book was released on 2020-08-04 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: Named one of Vulture’s Top 10 Best Books of 2020! Leftist firebrand Fredrik deBoer exposes the lie at the heart of our educational system and demands top-to-bottom reform. Everyone agrees that education is the key to creating a more just and equal world, and that our schools are broken and failing. Proposed reforms variously target incompetent teachers, corrupt union practices, or outdated curricula, but no one acknowledges a scientifically-proven fact that we all understand intuitively: Academic potential varies between individuals, and cannot be dramatically improved. In The Cult of Smart, educator and outspoken leftist Fredrik deBoer exposes this omission as the central flaw of our entire society, which has created and perpetuated an unjust class structure based on intellectual ability. Since cognitive talent varies from person to person, our education system can never create equal opportunity for all. Instead, it teaches our children that hierarchy and competition are natural, and that human value should be based on intelligence. These ideas are counter to everything that the left believes, but until they acknowledge the existence of individual cognitive differences, progressives remain complicit in keeping the status quo in place. This passionate, voice-driven manifesto demands that we embrace a new goal for education: equality of outcomes. We must create a world that has a place for everyone, not just the academically talented. But we’ll never achieve this dream until the Cult of Smart is destroyed.

Author : Nicolai S. Mladenov
Publisher : Springer Nature
ISBN 13 : 303066452X
Total Pages : 477 pages
Book Rating : 4.27/5 ( download)

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Download or read book China's Rise to Power in the Global Order written by Nicolai S. Mladenov and published by Springer Nature. This book was released on 2021-02-13 with total page 477 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines the foundations of China’s grand strategy as it is critical to any assessment of current and future Chinese regional and global strategic behavior, especially Beijing’s policies toward the USA. This eclectic study aims to analyze the current Chinese and American flexible grand strategies, based on present complexity and disorder. It identifies the major building blocks of both strategies, their major material, and ideational drivers and assesses how they might evolve in the future. Additionally, the author looks at China’s relations with important international players such as Russia, ASEAN, UN, EU, and BRICS.

Author : Arnulf Grübler
Publisher : Cambridge University Press
ISBN 13 : 9780521543323
Total Pages : 468 pages
Book Rating : 4.20/5 ( download)

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Download or read book Technology and Global Change written by Arnulf Grübler and published by Cambridge University Press. This book was released on 2003-10-16 with total page 468 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is the first book to comprehensibly describe how technology has shaped society and the environment over the last 200 years. It will be useful for researchers, as a textbook for graduate students, for people engaged in long-term policy planning in industry and government, for environmental activists, and for the wider public interested in history, technology, or environmental issues.

Author : Daron Acemoglu
Publisher : Penguin Books
ISBN 13 : 0735224382
Total Pages : 594 pages
Book Rating : 4.84/5 ( download)

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Download or read book The Narrow Corridor written by Daron Acemoglu and published by Penguin Books. This book was released on 2019 with total page 594 pages. Available in PDF, EPUB and Kindle. Book excerpt: How does history end? -- The Red Queen -- Will to power -- Economics outside the corridor -- Allegory of good government -- The European scissors -- Mandate of Heaven -- Broken Red Queen -- Devil in the details -- What's the matter with Ferguson? -- The paper leviathan -- Wahhab's children -- Red Queen out of control -- Into the corridor -- Living with the leviathan.

Author : Shiro Armstrong
Publisher : ANU Press
ISBN 13 : 1760461768
Total Pages : 315 pages
Book Rating : 4.68/5 ( download)

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Download or read book Asian Economic Integration in an Era of Global Uncertainty written by Shiro Armstrong and published by ANU Press. This book was released on 2018-01-08 with total page 315 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Pacific Trade and Development (PAFTAD) conference series has been at the forefront of analysing challenges facing the economies of East Asia and the Pacific since its first meeting in Tokyo in January 1968. The 38th PAFTAD conference met at a key time to consider international economic integration. Earlier in the year, the people of the United Kingdom voted to leave the European Union and the United States elected Donald Trump as their next president on the back of an inward-looking ‘America First’ promise. Brexit and President Trump represent a growing, and worrying, trend towards protectionism in the North Atlantic countries that have led the process of globalisation since the end of the Second World War. The chapters in the volume describe the state of play in Asian economic integration but, more importantly, look forward to the region’s future, and the role it might play in defending the global system that has underwritten its historic rise. Asia has the potential to stand as a bulwark against the dual threats of North Atlantic protectionism and slowing trade growth, but collective leadership will be needed regionally and difficult domestic reforms will be required in each country.