Beijing’s Bismarckian Ghosts: how great powers compete economically

2018/10/01 wwchu 中國經改模式

Mark Brunnermeier, Rush Doshi, and Harold James

Washington Quarterly, Fall 2018

https://twq.elliott.gwu.edu/sites/g/files/zaxdzs2121/f/downloads/41-3%20Brunnermeier%20et%20al.pdf

But great power economic competition is nothing new. Indeed, the rivalry between China and the United States in the twenty-first century holds an uncanny resemblance to the one between Germany and Great Britain in the nineteenth. Both rivalries take place amidst the emergence of economic globalization and explosive technological innovation. Both feature a rising autocracy with a state-protected economic system challenging an established democracy with a free-market economic system. And both rivalries feature countries enmeshed in profound interdependence wielding tariff threats, standard-setting, technology theft, financial power, and infrastructure investment for advantage.

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