Decentralization, Globalisation And China's Partial Re Engagement With The Global Economy

9560 words - 38 pages

IntroductionThere is a tendency for research on processes of regional economic integration to be built on national-based paradigms and levels of analysis. Even those approaches that move away from intergovernmental processes of state-led regionalism and instead emphasise non-state directed regionalisation are often concerned with integration between two or more national economies. But, in many cases, real integration is taking place below the national scale. This is reflected in the growing number of formal agreements between subnational political administrations, and also by the uneven geographic spread of international economic relations in many states.This notion of partial or microregional(n1) economic integration is particularly important in understanding the processes and implications of China's re-engagement with the global economy. Indeed, national-based perspectives of regional integration are all but inapplicable in the Chinese context. This article assesses two case studies of microregional integration involving subnational territories of the People's Republic of China (PRC)--growing economic integration across the border between Guangdong Province and Hong Kong in the south, and the development of the North East Asian microregion (NEA) in the Chinese northeast.Using wider theoretical concepts and approaches not only facilitates our understanding of the political economy of specific case studies, but also allows us to test the validity of those concepts and approaches themselves. Thus this article has two main aims. On a domestic level, it aims to assess both the importance and implications of microregional integration for economic governance within China. The dual processes of decentralisation and globalisation are reconfiguring loci of decision making and authority and, in combination, are simultaneously strengthening and weakening the relevance of political administratively defined territories for economic activity. This apparently contradictory statement is explained by distinguishing between local and national political administrative boundaries. On the one hand, decentralisation has consolidated the importance of provincial(n2) boundaries as determinants of economic activity. On the other hand, China's transition from relative isolationism has increased the importance of external economic relations for parts of China and reduced the importance of national boundaries for economic activity. The consolidation of provincialism suggests the importance of subnational regions, while the importance of international linkages suggests the declining relevance of national political boundaries for economic exchange.On a wider level, the article explores four key issues of interest to students of regionalism in general. First, the comparison between the two microregional processes draws attention to the efficacy of state-led and non-state directed processes in engendering regional integration. Second, and very much related to this, it also...

Find Another Essay On Decentralization, Globalisation and China's Partial Re-Engagement with the Global Economy

Globalisation and Indonesia's Economy Essay

2145 words - 9 pages simple: it is expected that such policies will result ultimately in goods and services becoming cheaper to consumers, or that the quality of those goods and services will improve. In short, policies that are in harmony with the natural, market-driven tendency to globalisation are expected to improve standards of living.Globalisation and the Indonesian EconomyWe shall focus here on four phases of Indonesia's modern economic history, starting from the

Globalisation of The Economy and The Nation State

9788 words - 39 pages situation at hand, the efficiency and distribution effects of global economic integration need to be analysed in detail -- a task that the economics profession has attended to with great zeal over the last few years.The literature on globalisation falls into two categories. The first strand deals with the effects of globalisation on the primary distribution of (labour and capital) income. This literature, which has its roots in the 'trade and

Brazil and the Global Economy

1804 words - 7 pages per cent of GDP in the same period. Between 1990 and 2004 the Brazilian government made huge changes to its economic strategies, shifting its focus to an outward-oriented development plan. In this time the average levels of tariffs fell from 32.2 to 10.8 per cent and all quota restrictions were abolished. Following these reforms Brazil's integration into the global economy has greatly increased with foreign trade increasing from 10 per cent of

China's Relationship with the West

3721 words - 15 pages China's Relationship with the West There are various ways in which a country can put pressure on another country, and many such ways were used by the West regarding the poor standards of human rights in China. The main tactic used by the West was to send an authoritative figure such as the Head of State to raise the issue in hand within the country. Both Britain and America sent representatives, however each

China's Relations With The US

782 words - 3 pages along while they support these, until recently, feuding countries. To solve this, the smartest thing to do would be to change who the U.S. supports. Not change and support the countries that China do, just don't support the countries that conflict with China's interests. There's only a few countries that we'd have to withdraw support from, and it's worth it to gain China's trust and understanding.The W.T.O. also plays a large role in our relationship

International HRM With the Context of Global Economy

810 words - 3 pages International HRM with the context of global economy It would be very easy to refer to international human resource management as little more than HRM on a national scale with some additional features that indeed similarities in the role of human resource management within national and international organizations; however, there are also some significant differences, not least of which is the development and deployment of staff in different

Globalisation-Relation with the World and the Shipping News

510 words - 2 pages The theoretical premise of Globalisation is the erosion of traditional boundaries and the formation of universal truths through the globalisation of communication. The theory behind global metanarratives is based upon the integration of the best in all societies to bring forth superior ways of life. However in practice it sees the domination of economically superior nations producing hegemony of Western ideas thereby eroding the traditional

Escalating Oil Prices and the Global Economy

2285 words - 9 pages With the current rise in oil prices, many people are asking themselves, "What is going on?" Oil prices are of major interest to everyone not only in this country but everywhere. It seems that everyday gas prices are spiking and haven't been stable for a long time. In order to fully understand this problem and how it is affecting the global economy we need to look at the variety of factors that are involved. These factors include but are not

5 sector model RE the Economy

576 words - 2 pages ovals... this provides the business sector with revenue because the government employs people from the firm sector to fulfil these collective wants (an injection).The overseas sector or the international sector consists of exporting and importing goods and services from anywhere but Australia. Imports are a leakage from the economy since the money is being spent outside of Australia. Exports are an injection into the economy because money is being

How has globalisation affected the world economy?

2802 words - 11 pages How has globalisation affected the world economy? Discuss.Globalisation what is it? How has it affected the world's economics? How will it continue to affect the global village? Is anyone being adversely affected?Globalisation - is the movement of goods, services and money capital or investment across international boundaries and in this way becomes a predominately economic phenomenon sweeping the world. Throughout which, what were formerly

The Global Economy

2063 words - 8 pages can be linked back to the industrial revolution between the 1750s-1850s as the economy began to display signs of rapid growth, global population grew by as much as 6 times and average income grew tenfold (Maddison, 2003). This occurred through the advancement of machinery and an actual economy as factories, mills and new technologies provided the British population with new products more quickly and cheaply. The industrial revolution was also

Similar Essays

Globalisation & The Global Economy Essay

1176 words - 5 pages •Globalisation the process of increased integration between different economies and the increased impact of intnl influences on economic activity and all areas of life•Global economy the situation where the economies of the world are increasing linked to each other, and changes in one economy have ripple effects on other economiesI) INDICATORS OF GLOBALISATION•Economic integration can be seen inoIntnl trade flows- growing at 2

Globalisation "Examine How Global, Regional, And Bilateral Trade Agreements Can Impact On The Global Economy."

2315 words - 9 pages As globalization becomes increasingly more evident as countries become further integrated with one another, trade agreements have been formed in recent years to ensure trade opportunities can be gained from. These agreements and trading alliances can be large-scaled such as the global agreement World Trade Organisation (WTO), the smaller scale regional agreements such as the European Union (EU) as well as agreements between two specific

Globalisation "Describe The Main Features Of The Global Economy And Examine The Nature And Extent Of Interdependence Between Economies."

2246 words - 9 pages - Business5/11/03 $A drops US1c - but it's only a blip28/10/03RBA talks up US-led global recovery23/10/03US70c a danger sign for earnings11/10/03Heads on the bloc12/10/03IMF finds $32bn for defaulter Argentina12/9/03Employment surges, but rates to followWorld Tibet Network News - cited 24/10/03www.tibet.ca/wtnarchive/2003/10/24_5.htmlAustralia in the Global Economy - 2004 EditionTim Dixon and John O'MahonySession One - The LIFTIT-BINIT Strategy - Leading Edge EducationPlain English Economics - Globalisation - Topic Paper No. 8 (2003)By Angela Choi

Globalisation And The Indonesian Economy Essay

1626 words - 7 pages series of structural adjustments to Indonesia's economy through liberalisation, marketisation, deregulation, and privatisation. It has enhanced Indonesia's international competitiveness through introducing benefits from developments in the global economy. Indonesia's period of rapid globalisation (1987-1996) led to changes in policy direction, progressive economic liberalisation, massive capital inflows, and substantial economic