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There are many studies on the effects of both economic globalisation and the rise of China. These core issues of the contemporary international agenda entail major economic, military, environmental, social and cultural transformations in most nations. While there is also an abundant literature on how globalisation supported the rise of China, there are scarce publications on how China became one of the primary drivers of globalisation. This article assumes that understanding the power of globalisation over countries is as crucial as assessing the power of certain countries over the process. In this sense, it uses the recently created 'theory of globalisers' to analyse how is China transforming contemporary economic globalisation. The conclusion is that China became an 'economic globaliser' in the twenty-first century. As the largest exporter, the second largest importer, the third largest provider of foreign direct investments, and a major supplier of high-tech goods, the Asian giant is a vital partner for several economies in different continents. In this context, Beijing's globalisation strategy aims at both securing the benefits of globalisation and reforming the international economic order, but without a revolutionary stance. [ABSTRACT FROM AUTHOR]

This paper argues that the Chinese government’s ‘belt and road’ initiative – the Silk Roads vision of land and maritime logistics and communications networks connecting Asia, Europe and Africa – has its roots in sub-national ideas and practices, and that it reflects their elevation to the national level more than the creation of substantially new policy content. Further, the spatial paradigms inherent in the Silk Roads vision reveal the reproduction of capitalist developmental ideas expressed particularly in the form of networks, which themselves have become a feature of contemporary global political economy. In other words, the Silk Roads vision is more of a ‘spatial fix’ than a geopolitical manoeuvre. [ABSTRACT FROM PUBLISHER]

It is commonplace for observers to see the increasingly prominent role of the BRICS in international economic and political affairs as a Southern challenge to global capitalism and the power of the core Trilateral nation-states. Extant accounts remain mired in a tenacious realist debate over the extent to which the BRICS are challenging the prevailing international order. I suggest that we shift the paradigmatic focus in discussion of the BRICS phenomenon towards a global capitalism perspective that breaks with such a nation-state/inter-state framework. Global integration and transnational capitalist class formation has advanced significantly in the BRICS. BRICS protagonism is aimed less at challenging the prevailing international order than at opening up space in the global system for more extensive integration and a less asymmetric global capitalism. The article examines agricultural subsidies, US–China relations and international trade agreements as empirical reference points in arguing that the concept of the transnational state provides a more satisfying explanatory framework for understanding the BRICS phenomenon than the variety of realist approaches. By misreading the BRICS critical scholars and the global left run the risk of becoming cheerleaders for repressive states and transnational capitalists in the South. We would be better off by a denouement of the BRICS states and siding with ‘BRICS from below’ struggles of popular and working class forces. [ABSTRACT FROM PUBLISHER]

This article seeks to accomplish four tasks. It explores the historical relationship between the financing instruments that dominated different phases of the evolution of the UN development system and the understanding of the concept of multilateralism. Bearing in mind this historical context, it seeks to analyse the defining characteristics of multilateral finance in the context of the UN, in particular the characteristics that make a financial instrument more or less multilateral. It then explores a number of new financial instruments and their possible impact on the future shape multilateralism takes in the UN system. The article concludes with some thoughts on financing for a new multilateralism. In order to go beyond the core/non-core stalemate, it is necessary to develop a new variable geometry based on function, which brings into play assessed, negotiated pledges, voluntary core and non-core instruments. [ABSTRACT FROM AUTHOR]

Martha Nussbaum raised profound concerns about aid as being conceived out of the self-directed charity of donors and not the expressed concerns of those being aided. Even when the recipients of aid seek to express their concerns, their capabilities may not recognise their own conditions and desirable remedies. This paper agrees that Nussbaum’s questions are profound, but argues that even they do not go far enough. [ABSTRACT FROM PUBLISHER]

In the early 1970s the G77 and the Non Aligned Movement (nam)challenged the material and intellectual pillars of the postwar liberal capitalist system through collective action at the UN to establish a New International Economic Order (NIEO). The aim was to complete the ‘emancipation’ of the ‘global South’ by creating binding institutional frameworks, legal regimes and redistributive mechanisms correcting historically constructed core–periphery disparities. That ambitious effort failed in the face of ‘Northern’ resistance and national segmentation within the NAM. Today re-emerging states of the global South are engaged in a more successful effort to gain voice and alter international hierarchy by claiming a central place in the world capitalist system and restructuring it from within. The vertical late-modern world system centred in the Atlantic and ordered by the ‘West’ is thus gradually giving way to a polycentric international structure in which new regional and transnational ‘South–South’ linkages are being formed. This paper critically reviews the transformation and argues that, while it is creating long sought-for conditions of relative international equality, it has also dampened the emancipatory promise of the anti-colonial struggle. [ABSTRACT FROM PUBLISHER]

Ever-expanding capital accumulation cannot be stable or cumulative without coordination and regulation provided by the state and the system of states, wherein the subset of the most powerful states is vital for establishing stability. There is a hegemonic transition of sorts towards a new quintet of powers in which the USA will remain indispensable as the key coordinator. Pretensions regarding China as the new hegemon are exposed as also are Indian claims. Moreover, it is argued that the brics grouping cannot provide an effective alternative to the quintet. However, the likely failure of the quintet to guarantee future stability raises the issue of the viability of capitalism itself. Transiting towards a post-capitalist order requires as a necessary if insufficient condition confronting the informal empire project of the USA that underpins capitalist globalisation. [ABSTRACT FROM PUBLISHER]

As plentiful and productive as recent empirical work has been, we still know very little about globalisation's long-run impact on economic development. This is only partly because of data limitations. At least as important, this article suggests, have been theoretical limitations: economists and political scientists have yet to resolve a number of key conceptual points. This article brings these remaining theoretical puzzles to the surface, starting with the link between openness and growth. It then turns to the relationship between trade and inequality. Both links-the one from trade to growth, the other from trade to inequality-have been subjects of heated debate among development economists. By contrast, the main focus of this article is the relationship between these two strands of research. How growth and equity interact is a theoretical puzzle which, though no less basic than the others, has to date received far less attention. The article concludes by laying out a back-to-basics research agenda for future-oriented globalisation research in which this growth/equity trade-off is restored to its rightful place at the theoretical centre of the wider development literature. [ABSTRACT FROM AUTHOR]

This article categorises the emerging conceptualisations of Fair Trade and explores which of them offers the best characterisation of the project. It introduces Fair Trade and establishes a set of desiderata to guide the process of conceptualisation. It is argued that the practices and rhetoric of the project suggest it is best characterised as an attempt to establish a form of interim global market justice in a non-ideal world. Three alternative conceptualisations are explored, some including sub-categories. In each section a description of the view is outlined and it is argued that each such alternative is either an unpersuasive account of Fair Trade or cannot better the one already defended. In the final section the normative debate surrounding Fair Trade conceptualised as an attempt to establish interim global market justice in a non-ideal world is introduced. The article suggests that there are avenues for the project's ethical defence but concludes that this can be settled only with further research. [ABSTRACT FROM AUTHOR]