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ID157886
Title ProperHow stalled global reform is fueling regionalism
Other Title InformationChina’s engagement with the G20
LanguageENG
AuthorMcKinney, Jared
Summary / Abstract (Note)In the Chinese view, the architecture of contemporary global governance – especially that of the Bretton Woods institutions – is flawed and in need of reform. Developing nations (like China), the argument runs, need to be given a role proportionate to their global economic influence. Since the Group of Twenty (G20) became a leaders’ summit in 2008, China has used the forum to push for such reform. But today, despite some supposed progress, reform has stalled. Recognising this fact, China is increasingly emphasising regional integration in its strategy for overcoming the middle-income trap. Global reform has not been abandoned, but – given its infeasibility – is no longer a short-term priority.
`In' analytical NoteThird World Quarterly Vol. 39, No.4; 2018: p.709-726
Journal SourceThird World Quarterly Vol: 39 No 4
Key WordsGlobalisation ;  Regionalism ;  Global Governance ;  Chinese Foreign Policy ;  G2 ;  Middle-Income Trap


 
 
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