Who Leads Global Capitalism? The Unlikely Rise of China

The Rise of Global Capitalism in an Era of Environmental Turmoil: Democracy Under the Influence

The Trend of Global Capitalism

All sovereign societies on earth can be put roughly into two categories: developed and under-developed countries. The developed countries, including the United States, Canada, most of west Europe countries, Japan and Australia, are all free capitalist society with a well functioned democratic government and a free market economic system. The under-developed countries, including Russia and east ...

Political Capitalism and the Rise of Sovereign Wealth Funds

Sovereign wealth funds are neither novel nor constitute any decisive shift towards state control. States and markets are co-constitutive, but states have power precisely because of their ability to define property rights and thus draw the boundary between public and private activity. The way they draw that boundary determines the nature of capitalism in any specific market. ‘Sovereign wealth fu...

The Domestic Segment of Global Supply Chains In China under State Capitalism

Abstract This paper proposes methods to incorporate firm heterogeneity in the standard IO-table based approach to portray the domestic segment of global value chains in a country. Using Chinese firm census data for both manufacturing and service sectors, along with constrained optimization techniques, we split the conventional IO table into sub-accounts, which are used to estimate direct and in...

Global Capitalism and Sustainable Development

This paper was prepared as a background paper for the panel on “Global Capitalism and Sustainable Development” in the International Conference on Global Ethos to be held at the United Nations University in Tokyo, Japan, in October 2000. It surveys the major issues involved in defining sustainability, and the relationship thereof to development and the behaviour of capitalist economies. A partic...