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Industrial Policy and the Great Power Competition 被引量:1
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作者 Lei Shaohua 《China Economist》 2020年第5期57-65,共9页
Since the end of the Cold War,major powers have avoided direct military confrontation,wary of the devastating consequences of nuclear warfare.Yet the arms race and regional conflicts remain important forms of power co... Since the end of the Cold War,major powers have avoided direct military confrontation,wary of the devastating consequences of nuclear warfare.Yet the arms race and regional conflicts remain important forms of power competition.Nonetheless,in the era of globalization,rapid advancements in new technologies and industries have eclipsed the utility of geopolitical maneuvers and military competition.In today’s world,the great power competition goes beyond the arms race and GDP aggregates.What matters more is the race to innovate and apply new technologies through a complete range of industrial sectors.In a world where technology has a controlling influence,industrial security has become the linchpin of national security.As globalization reshapes the world’s industrial landscape,a country’s economic influence,military might and national security depend increasingly on its industrial structure.National security is contingent upon industrial strength.In the era of globalization,industrial policy,cutting-edge technologies and market size are dominant factors influencing a country’s competitive position.The essence of the great power competition are industrial policies that fully unlock a country’s industrial potential and implementation of the policies. 展开更多
关键词 GLOBALIZATION GEOPOLITICS industrial policy great power competition late mover advantage
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Trade,Power,and Welfare:An International Economic Political Analysis of Great Power Competition
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作者 Zhang Yuyan Xia Guangtao 《Social Sciences in China》 2024年第3期57-75,共19页
Traditional international trade theories seldom consider the pursuit of power as maintaining and enlarging a country's relative strength in the process of interstate competition.However,in the context of great pow... Traditional international trade theories seldom consider the pursuit of power as maintaining and enlarging a country's relative strength in the process of interstate competition.However,in the context of great power competition,the importance of power in the trade between advanced and latecomer countries has become more pronounced.Given this situation,we can establish a tractable and generalized international economic political framework for analyzing great power competition by introducing the power factor into classic two-country trade theory,treating the absolute welfare and relative welfare emphasized by economics and political science respectively as actors'dual objectives,and making use of game theory methods.It can be found that in a two-country game composed of an advanced and a latecomer country,the latter will prefer a strategy of"enhancing its own strength and rectifying its own weak points,"while the former will favor a strategy that""worsens the other's weak points and enhances the other's strengths."Once the technological gap that determines comparative advantage narrows,the advanced country will tend to totally suppress the latecomer and even"decouple"from it. 展开更多
关键词 great power competition TRADE POWER WELFARE dual efficiency
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