"China is the rising power of the early 21st century. In recent years, its economy has turned into a driving locomotive for the entire Asian continent. Undoubtedly, the country has become an important factor in global politics and economics with a tremendous impact on the political, social and economic development of all other states on our planet. Today's emerging new world order is unimaginable without China playing a crucial role in it. The general aim of this book is to study in detail this transformation process and the respective changes in China's relationship with other major political and economic powers. The articles compiled in the book were written by researchers from think-tanks, diplomatic institutions and academia. This publication easily guides interested readers through the general landscape of Chinese external relations"--Page 4 of cover
AbstractA prominent explanation of war claims that international conflict can result when shifts in bargaining power induce the declining power to behave aggressively today because the rising power cannot credibly commit to not behave aggressively tomorrow. This paper asks whether individuals respond to shifting power in ways assumed by these models. Rather than use abstract laboratory-based bargaining games as in other work, I use vignettes describing the United States in an international bargaining situation to explore the microfoundations of power transitions models empirically. The vignettes vary whether the individual is a member of a declining or a rising power and whether there are previous public commitments to the status quo division of territory. Subjects propose a response the United States should make and then explain their decision in their own words. I apply new methods for analyzing these open-ended responses. Consistent with predictions from the behavioral literature, I find important asymmetries in behavior across these conditions as well as substantial heterogeneities in individuals' motivations for their decisions. The results of the experiments suggest potential ways that power-transition models should be refined to have a firmer behavioral basis.
In: Yamin , M & Sinkovics , R R 2015 , ' Rising power firms - The developmental promises and challenges ' Critical Perspectives on International Business , vol 11 , no. 3/4 , pp. 210-215 . DOI:10.1108/cpoib-04-2015-0016
Purpose - The purpose of this paper is to introduce the notion of "rising power firms" and how these firms offer developmental promises and challenges to the face of international business (IB). We suggest that rising power firms offer novel capabilities, connect IB to global value chains (GVCs) and then introduce the papers in the special issue. Design/methodology/approach - The papers in the special issue are grouped under two distinct themes, one considering the capabilities of rising power firms and how these are shaped broadly by the economic and socio political features of their home countries. The second theme clusters papers that have a GVC dimension in so far as they highlight failures in upgrading, flag the disconnect between economic and social upgrading and provide a novel conceptualisation of social value creation. Findings - The international business literature has paid growing attention to the emergence of multinational enterprises (MNEs) from rising powers, notably the 'BRICS'. One perspective, a dominant perspective in IB, sees RP MNEs as a manifestation of catch–up efforts by firms from emerging economies, another perspective suggests that rising power firms compete with distinct capabilities and business models. This special issue highlights the latter perspective. Originality/value - This paper introduces five diverse papers that deal with issues pertaining to rising power firms and developmental perspectives. Keywords - Rising powers, emerging multinational enterprises (EMNEs), global value chains, development, upgrading, social value creation. Paper type - General review
China's foreign policy has been isolationist for most of the past 100 years.During the past 30 years it has gradually shifted to becoming a global power in international relations; in the process it has joined several multilateral organisations and played a key role in establishing its prominence within these organisations.This article focuses on China's use of "soft power" to conscientiously and strategically enhance its global appeal. China's diplomatic strategy uses multilateralism, economic diplomacy and a good-neighbour policy as three forms of soft power in order to increase its attractiveness in the international community and, together with its hard power, to manage its rise as a world power.