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Modern View
SAMPSON, MICHAEL
(2)
answer(s).
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Item
1
ID:
177680
Evolution of China’s regional trade agreements: power dynamics and the future of the Asia-Pacific
/ Sampson, Michael
Sampson, Michael
Journal Article
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Summary/Abstract
There is a widespread consensus that China’s growing network of regional trade agreements in the Asia-Pacific has crucial strategic and economic implications for states in the region. Yet despite the recognition that China’s agreements are initially limited and then expanded substantially over time, few accounts explore the strategic and economic implications of this aspect of China’s approach. This article addresses this flaw by drawing attention to the relation between regional power dynamics and China’s gradualist approach to negotiating regional trade agreements. It presents a new framework which suggests that due to China’s steadily improving economic position vis-à-vis its regional counterparts and the growing economic dependence of these partners on it, China’s negotiating approach increases opportunities to maximize its growing bargaining leverage and influence over time and thereby improve its regional position still further. This article concludes by drawing out the implications of this for the region.
Key Words
Trade
;
China
;
Regional Integration
;
Institutional Design
;
Institutional Selection
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2
ID:
193225
Status-quo enhancing versus status-quo challenging change in global economic governance: the case of China in finance and trade
/ Sampson, Michael ; Wang, Jue
Wang, Jue
Journal Article
0 Rating(s) & 0 Review(s)
Summary/Abstract
When a state is dissatisfied with an international institution it has different strategies available to it to secure change. These strategies are increasingly well understood due to research in the areas of regime complexity and institutional selection. But while there is an understanding of how the structure of a regime can influence the chances of success of different change proposals, there is less clarity on how the content of proposed changes impacts their success. In this article we decompose proposed institutional changes into two sub-types: Status-quo challenging and status-quo enhancing. Status-quo enhancing changes promote reforms that advance the objectives of the existing regime and so serve to drive change that would otherwise be limited by the inertia of existing institutions. Conversely, status-quo challenging changes undermine the stated goals of the existing regime. We develop these sub-types by comparing China’s attempts to secure changes in the global finance and trade regimes and find that for China status-quo enhancing changes have met with more success than status-quo challenging approaches because they have created more opportunities for productive coalition building.
Key Words
Finance
;
Trade
;
China
;
International Institutions
;
Global Economic Governance
;
Regime Complexity
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