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The geoeconomics of infrastructures: viewing globalization and global rivalry through a lens of infrastructural competition.

Authors :
Abels, Joscha
Bieling, Hans-Jürgen
Source :
Globalizations. Jun2024, Vol. 21 Issue 4, p722-739. 18p.
Publication Year :
2024

Abstract

In the current triad competition between the US, the EU, and China, globalization-relevant infrastructures serve both as the means and ends of conflicts. This paper asks how this historical constellation of geoeconomic competition has changed the infrastructure policy of its centers. Its political-economic perspective discusses infrastructures not just in terms of their strategic instrumentalization, but also of their role in global production and geoeconomic competition. It underlines how infrastructures serve as fixes that counteract internal crisis dynamics and allow for an expansion of productive activity. The paper undertakes an empirical comparison of the triad centers' central infrastructural measures and flagship projects. The results highlight a shared reorientation towards infrastructure policy that is driven by internal crisis dynamics and external competition over contested markets. Yet, it also reveals the varieties of infrastructural approaches as regards political objectives, modes of policy-making, and the role of national businesses. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
14747731
Volume :
21
Issue :
4
Database :
Academic Search Index
Journal :
Globalizations
Publication Type :
Academic Journal
Accession number :
177337906
Full Text :
https://doi.org/10.1080/14747731.2023.2264667