Political Economy Commons^™

The Political Economy Of Mandatory Disclosure: A Literature Review, Hao Liang, Hanyu Zhang

Research Collection Lee Kong Chian School Of Business

Reviewing the literature on mandatory corporate disclosure from a political economy perspective, we synthesize the classic justifications for disclosure regulations while emphasizing why voluntary disclosure often fails to achieve socially efficient transparency. We also highlight how legal institutions, enforcement capacity, and political forces shape the design, credibility, and effectiveness of disclosure mandates. Drawing on evidence from international and China-focused studies, we review empirical findings on how mandatory disclosure affects investor protection, information environments, and firm behavior, showing that similar reporting rules yield different outcomes across institutional settings. We further extend the discussion to ESG and climate-related disclosure to examine emerging …

A De-Dollarizing World: How Sanctions Catalyze De-Dollarizing Efforts In Russia And China, Karina S. Amaach

Senior Theses

For nearly a century, the United States has occupied the title as the world’s leading superpower nation. Such power has granted the US great economic responsibility, particularly highlighting the dollar’s dominant role as the international reserve and trade currency. However, the rise of competing powers– most notably China and Russia– have posed great threats to this continued economic dominance of the United States. This thesis examines how U.S. economic sanctions– often described as America’s greatest financial tool– have inadvertently motivated de-dollarization efforts led by these two nations. Drawing on interdisciplinary scholarship in foreign affairs, international political economy, and intergovernmental financial …

China-Canada Resource Diplomacy: New Era Of Land Grabbing, Valdrin Dragusha

Bridges: An Undergraduate Journal of Contemporary Connections

This paper examines the evolving economic relationship between China and Canada, particularly in the context of China's transition from a strictly social economy to an authoritarian socialist market economy. It highlights the implications of China's Going Out Policy initiated in 2000, aimed at securing vital natural resources amidst growing domestic demands driven by rapid economic expansion. The paper analyzes China's significant demand for resources, its sustainable development policies, and the changing dynamics of land acquisitions, particularly in relation to Canada, which is perceived as a strategic investment destination due to its abundant natural resources and technological advancements in clean energy. …

Analyzing The Role And Impact Of Energy Resources On The South China Sea Dispute, Adam Opp

Liberty University Journal of Statesmanship & Public Policy

The South China Sea is a critical but contested body of water that has been the source of much international debate and focus. The sea is a strategic maritime route and one of the most important waterways for regional and global trade. The South China Sea features rich natural resources such as fisheries and hydrocarbons, especially unknown amounts of oil and natural gas remaining untapped throughout the sea. Geological surveys estimate extremely lucrative quantities of oil and natural gas in the South China Sea, which drives the conflict, as nations with competing territorial claims seek to control not just the …

Towards All-Under-Heaven: China’S Geoeconomic Strategy In The Asia-Pacific Region, Alfariza Dika Azzani

Global: Jurnal Politik Internasional

This research aims to understand China’s geoeconomic strategy in reshaping the alternative international order in the Asia-Pacific region. China’s economic rise increased its geopolitical influence and significance as a global great power. The Chinese Communist Party (CCP) government, under Xi Jinping, has adopted classical ideas in its foreign policymaking, including tianxia. Tianxia is a classical concept of a hierarchical Sinocentric international order. An empirical study was conducted on several cases of China’s economic policy and analysed with the congruence method to determine the correlation between the tianxia concept and China’s economic policy. Tianxia served as a paradigm and justification for …

A Red Awakening: An Analysis Of China’S Quest For Global Dominance Through Economic Alternative Warfare Methods, Sarah Beddingfield

Senior Honors Theses

In the 2023 annual meeting of China’s parliament, Chinese President Xi made it clear to his political leaders and the world that he was preparing for war. This should come as no surprise after analysis of China's grand strategy points clearly to the intent to surpass the U.S. as the premier global superpower in all respects. China has been building towards this goal for years through untraditional methods of warfare, forcing the national security community to reevaluate its own strategy and assess the Chinese threat through a different lens. This thesis seeks to address one specific area in which China …

Economic Anomalies Following The Handover Of Hong Kong, Nathan Martin

Economics Undergraduate Honors Theses

This paper seeks to examine and provide a possible explanation for economic anomalies in Hong Kong following its handover to China. Hong Kong was on a 99-year lease to the United Kingdom from China before being handed back over July 1^st, 1997. Due to the “one country, two systems” policy espoused in the handover agreement that was to be implemented for fifty years, this event marks a rare natural experiment of a peaceful regime change without a significant change in governance. This paper seeks to understand the impact of the act of regime change on selected key macroeconomic …

Fear Of China's Economic Power: Media And Party Affiliation On Public Opinion, Cloe Hughes

Student Scholar Symposium Abstracts and Posters

The United States and China are the world’s two greatest economic rivals. The US-China trade war–which started in 2018–is a result of this battle for economic hegemony and has raged on for the past six years. While trade decisions are ultimately up to policymakers, public opinion is a large factor in international policy decisions, and American biases against the Chinese may adversely affect both the American and Chinese economies. In this paper, I will examine how factors including media consumption and partisanship impact American attitudes towards China’s economy overtaking the United States’ economy. Previous research has studied the effects of …

Navigating The Threat Posed By The Chinese Communist Party, Adam Opp

Helm's School of Government Conference - 2021-2024

For decades, the Chinese Communist Party (CCP) and the economic growth of China has become a threat to the United States. Beginning in 1978, the CCP issued a series of economic, market-oriented reforms which led to a period of economic growth and productivity increase in China. The CCP turned to diplomacy with the United States and other nations to increase foreign investment and implemented the Belt and Road initiative. The impressive scale of Chinese economic growth poses an economic and hegemonic threat to the United States, as China’s economy is projected to outpace the United States and the CCP has …

Emerging Giants And Lessons For Development: China, India, And Their Different Paths To Progress, Eskander Alvi Editor, Wei-Chiao Huang Editor

Upjohn Press

This book explores the differences and commonalities in growth experiences of two looming economic giants, China and India—countries that follow often-contrasting economic, social, and political paths as they struggle to achieve long-term prosperity for their billion-plus populations. The papers included within show that the economic and political realities in the two countries are quite different, and that these realities are deeply embedded in each country’s social framework. China and India are at markedly different stages of economic development but the challenges facing the two countries, unsurprisingly, diverge—not only because of the different stage of development each has reached, but also …

Chinese Political Rhetoric And Ideology: Tension And Pretension, Israel Paredes

Honors Theses

This changing nature of the Chinese government’s ideology leads one to believe that its core beliefs are not dogmatic, despite the foundation for their ideology being rooted in specific societal and economic theories. Starting with Mao Zedong to modern day, the Chinese government officials will continue to support the original tenets (and, no doubt, future presidents’ additions to the tenets). However, the interpretation of their ideology over time is fluid and is used to support policies and actions during a political cycle. Chinese political leaders are unlikely to disagree with a past leaders, and will rather use their own interpretation …

Global Trade Implications Of A Russia And Ukraine-Like Conflict Between China And Taiwan, Jay Morris

CMC Senior Theses

This paper examines the effects of global trade in general from a Russia-Ukraine-like conflict between China and Taiwan as well as the consequences to the worldwide semiconductor industry. A main component of these effects comes from two assumptions: trade between Taiwan and the rest of the world will cease when the conflict occurs and a group of geopolitically aligned and developed countries called the “Allies” will sanction China across a range of product categories. The main effect of the sanctions is the reduction in imports to China in key strategic goods that help in winning military battles and or promote …

Money Moves: An Analysis Of Chinese Foreign Direct Investment In Europe, Susan Soh

Honors Theses

In recent years, China has begun engaging in outward foreign direct investment (FDI). There is a significant amount of literature dedicated to understanding China’s FDI in developing nations. However, very little research has been conducted over Chinese FDI in advanced economies. As a result of this gap in existing literature, the question arises, what explains Chinese FDI in Europe?

As FDI is a transaction to which both the donor and recipient countries must agree, this thesis has a dual focus. One chapter of the thesis analyzes the effects of and motivations for Chinese FDI on European nations. In this chapter, …

Urban Utopia Or Pipe Dream? Examining Chinese-Invested Smart City Development In Southeast Asia, Yujia He, Angela Tritto

Patterson School of Diplomacy and International Commerce Faculty Publications

With increasing public–private partnership and international cooperation in smart city development across the Global South, Chinese firms are poised to take advantage of growing business opportunities, a situation that few studies have examined. This empirical case study of the Forest City, a Chinese-invested greenfield smart city project in Iskandar Malaysia, begins to fill that gap. This megaproject represents the coming together of overlapping economic development interests of the local authorities and the profit motivations of the Chinese investor. However, the project’s use of the ‘smart city’ discourse contrasts with the reality of limited technology adoption. Its visibility and considerable socio-economic …

Chinese Neoglobalization In East Africa: Logics, Couplings And Impacts, Pádraig R. Carmody, James T. Murphy

Geography

The most significant case of transnational state capitalism today is China's Belt and Road Initiative (BRI) which seeks to expand/extend the country's geoeconomic and geopolitical integrations globally. We conceptualise the BRI as manifest principally through industrial offshoring, infrastructure investments and exports from China. These vectors articulate with particular places, forming transnational couplings that shape development outcomes. We examine the BRI's couplings and their development implications in the East African countries of Djibouti, Ethiopia and Kenya where China has engaged significantly. We demonstrate the contingent manner of BRI's variegations; its pragmatism, flexibility, and limitations as a hegemonic or developmental project.

Buying-Up Europe No More? How The European Union Has Responded To The Challenges Of Chinese Foreign Direct Investment, Ethan Kable

Claremont-UC Undergraduate Research Conference on the European Union

towards Chinese outward foreign direct investment (OFDI) has evolved over the past decade. I contend that the EU was quite receptive to Chinese OFDI at the beginning of the decade, due to both ideological leanings and the economic context of a post-crisis Europe. I then illustrate how the EU slowly adopted a more guarded and critical approach towards Chinese OFDI. This paper will focus specifically on four key issues surrounding Chinese OFDI policy: national security, technology transfers and IP theft, state support for Chinese firms, and market access, ultimately arguing that bilateral investment treaty (BIT) negotiations and the new EU …

Biden Administration U.S. Space Force Policy Literature, Bert Chapman

Libraries Faculty and Staff Presentations

Provides details on U.S. Space Force policy literature produced by the Biden Administration during its first eight months. Includes announcements that the Biden Administration will continue this new armed services branch begun during the Trump Administration. Features congressional testimony of Biden Administration officials such as Secretary of Defense Lloyd Wilson and Air Force Space Command leader General James Dickinson, the text of Space Force's 2021 Digital Force Vision document, congressionally approved FY 2022 space force budget figures, congressional committee comments and report requirements contained in emerging defense spending legislation, the emergence of collaboration between Space Force and universities such as …

The Evolutionary Global Vision Of Chinese Political Philosophy; China's Socio-Economic Transformation In The 21st Century, Meryem Gurel

Master's Projects and Capstones

Evolving relations of East Asia due to trade liberalization raised the search for financial stability for institutional development. It also increased the importance of China integrating the global economy into renewing its political philosophy in the new century. This capstone project aims to examine why China has transformed its socio-economic structure by generating outward investments and how it has affected international political relations in terms of the role of the economic institution Asian Infrastructure Investment Bank (AIIB). Quantitative methodology aims to examine the impact of China’s export trade on income distribution and economic growth through linear regression analysis for the …

The Impact Of Chinese Investments On The Kenyan Economy, Candice Newcomb

International Studies (MA) Theses

The involvement of China in Kenya has been increasing in recent years. China’s investments in Kenya are still impacting the Kenyan economy significantly. This thesis will examine the positive and negative impacts that the Chinese investments have had on the Kenyan economy.

This thesis will also address the role that the Kenyan government plays in the facilitating of the Chinese investments. It will highlight the importance the Kenyan government has in prioritizing policies such as labor laws for the Kenyan people. The Kenyan government has a responsibility to protect its citizens from the negative impacts of Chinese investments such as …

The Effect Of The Second-Stage Anti-Corruption Campaign On Provincial Development In China, 2015-2017, Zhenyao Yuan

Master's Theses

China had experienced long-term economic growth since the reform in 1978. With the communism system shifts in the socialist market economy, the country's legal institution and administration are facing corruption's challenge. President Xi Jinping takes action against deep corruption in China after coming to power in 2013. To observe the impact of the second stage of the anti-corruption campaign on provincial economic development since the Fifth Plenary Session of the 18th Central Committee of the Communist Party of China in 2015 to the 19th National Congress of the Communist Party of China in 2017, this project downloads and extracts public …

Currency Internationalization: The Case Of The Rmb, Daniel Powell

Business and Economics Honors Papers

Currency internationalization could be considered as one of the primary facets of globalization in the modern world. Today, the US dollar accounts for nearly eighty-five percent of all global transactions, both in trade and finance. However, as China’s power has risen in the past few decades, many have pondered whether the Chinese currency, the RenMinBi (RMB), can internationalize. This study examines the literature on what components create an international currency. Then, we examine the characteristics of China’s financial markets and international relations to become familiar with the scholarly discourse surrounding China’s financial markets, international influence, and monetary stability. We then …

A Thumb On The Scale: Chinese Investment And Influence In Ecuador And Colombia, Christina Pendergrast

Honors Theses

Over the past two decades, Chinese involvement in the developing world has increased dramatically, raising concerns over the intentions behind the provision of development packages. Critics have accused China of a practice known as debt-trap diplomacy, a method of ensnaring less developed nations by providing more loans than those nations have the ability to feasibly pay back. While China denies that their loan and investment packages are provided with any ulterior motive, the influence held by an investor like China has the potential to impact these partner countries for decades to come. In light of the scope of China’s role …

Buying Influence? An Analysis Of The Political And Economic Impacts Of Chinese Foreign Direct Investment In The European Union, Ethan Kable

CMC Senior Theses

This thesis analyzes the economic and political impacts of the recent influx of Chinese outward foreign direct investment (OFDI) into the European Union (EU). I consider the ways in which EU perceptions of Chinese OFDI have evolved over the course of the past decade as well as what attempts the EU has made at an institutional level to address challenges posed by Chinese investment. I contend that despite institutional efforts to respond to these perceived challenges – namely losing a technological edge, security concerns, and unreciprocated market access – Chinese OFDI in the EU has had a divisive effect. Not …

Essays On The Political Economy Of Governance, Yang Zhou

Graduate Theses, Dissertations, and Problem Reports (ETD)

This dissertation studies the governance structure and its economic impacts in the Chinese context. Specifically, I use a public choice framework to analyze how institutions influence economic and political activities of both public officials and private sectors. Chapter 1 employs the synthetic control method to investigate the effects of institutions to regional economic development. Chongqing Municipality, a province-level region in China, had a unique leader from late 2007 to early 2012 who conducted red ideology movements and legal intervention. The empirical results reveal that although the economic policies promoted the Chongqing economy, the Maoist political policies partially undermined its economic …

The Shifting Dynamics Of International Reserve Currencies, Robert J. Righi

Undergraduate Economic Review

With the recognition by the IMF of the Chinese renminbi as an international reserve currency in 2015, it is important to understand the modern influence of reserve currencies. We use currency exchange rate data and apply modified workhorse regression models to assign each country’s gross domestic product at purchasing power parity to a reserve currency bloc in order to obtain a global sphere of influence for each reserve currency. We find that the United States retains its dominance but faces challenges from the renminbi and the euro in recent years as the international monetary system becomes tri-polar.

Disruptive Innovation: The Rise Of The Knowledge-Sharing Market In China, Yaqing Lan

International Studies Honors Projects

Innovation is a major subject of international political economy, but mainstream discussions focus on scientific research and development and detach innovation development from their social contexts. In response to this view, this project reveals the importance of cultural and social factors in influencing innovation development by examining the rise of the knowledge-sharing market (KSM) -- a social-network-site-based economy in China. It suggests the KSM is a disruptive innovation not only because it is pioneered by a latecomer in the global innovation market, China, but also because its emergence from the changing Chinese consumer demands disrupts the mainstream thinking of innovation.

The Wealth Of Nations And The Advancement Of Collective Security, Kerry Daniel Good

Senior Honors Theses

This thesis will address the economic development of countries from the strategic perspective of the United States, and consider how this development will progress overlaid in the context of the Chinese framework for the projection of national power. Using an inter-disciplinary approach, this research will synthesize sources on national security policy and economics, while seeking a Christian apologetic framework to answer these questions: How can the United States promote the economic development of countries in the Asia-Pacific region using a biblical economic-development model, as a part of its national strategy? This thesis focuses on some of the political and socio-economic …

Given Today's New Wave Of Protectionsim, Is Antitrust Law The Last Hope For Preserving A Free Global Economy Or Another Nail In Free Trade's Coffin?, Allison Murray

Loyola of Los Angeles International and Comparative Law Review

No abstract provided.

Governing Chinese Engagement With The Hydrocarbon-Rich Countries; Examining Chinese Investment In The Hydrocarbon Sector Of Canada And Russia, Anastasia Ufimtseva

Theses and Dissertations (Comprehensive)

China’s global quest for energy has been one of the most fascinating developments of the past twenty years. As Chinese state-owned enterprises (SOEs) have increasingly gone ‘global’ in search of energy resources, scholars have explored the rationale and implications of China’s investment abroad. However, existing studies have yet to examine the ability of Chinese SOEs to complete the intended investment projects. Several studies that have noted this gap suggest that researchers should examine the ability of Chinese SOEs to adapt to different institutional environments (Smith and D’Arcy 2013) and to analyze the responses of local stakeholders to Chinese SOEs’ engagement …

International Energy Geopolitics, Bert Chapman

Libraries Faculty and Staff Presentations

Overview of international energy geopolitical trends. Emphasizes the importance of the Persian Gulf, South China Sea, East China Sea, Russia, and the Arctic to U.S. and international economic and strategic developments. Stresses the continuing importance of fossil fuels in domestic and international energy consumption, the variety of energy sources being used by various global regions, the potential for military conflict over access to natural resources, and how emerging energy leaders will determine global energy, environmental, and international security developments.