IDEAS home Printed from https://ideas.repec.org/a/bpj/zfwige/v55y2011i1-2p84-102n7.html
   My bibliography  Save this article

Akkumulationszyklen und Hegemonie

Author

Listed:
  • Parnreiter Christof

    (Hamburg)

Abstract

Cycles of accumulation and hegemony. A critical discussion of Giovanni Arrighi’s arguments on the relocation of centre and periphery of the world economy. Based on data on GDP and on stock market capitalization, the paper takes issue with Giovanni Arrighi’s notion of the “terminal crisis” of the US hegemony and the related relocation of the center of the world economy to China. While some indicators support Arrighi’s argument (e.g. the shift of the accumulation dynamic from the material to the financial sphere), others don’t. My analysis in this paper does not yield unambiguous results. Moreover, I question Arrighi’s primary unit of analysis, national economies, maintaining that such a focus downplays the recent fundamental changes in the organization of the world economy. I propose a less state-centric approach to identify centres of the world economy, which is derived from an integration of the concepts of global commodity chains and global cities.

Suggested Citation

  • Parnreiter Christof, 2011. "Akkumulationszyklen und Hegemonie," Zeitschrift für Wirtschaftsgeographie, De Gruyter, vol. 55(1-2), pages 84-102, October.
  • Handle: RePEc:bpj:zfwige:v:55:y:2011:i:1-2:p:84-102:n:7
    as

    Download full text from publisher

    File URL: https://www.degruyter.com/view/j/zfw.2011.55.issue-1-2/zfw.2011.0007/zfw.2011.0007.xml?format=INT
    Download Restriction: For access to full text, subscription to the journal or payment for the individual article is required.

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. John H. Dunning & Sarianna M. Lundan, 2008. "Multinational Enterprises and the Global Economy, Second Edition," Books, Edward Elgar Publishing, number 3215, April.
    2. Harvey, David, 2005. "The New Imperialism," OUP Catalogue, Oxford University Press, number 9780199278084.
    3. Jiandong Chen & Dai Dai & Ming Pu & Wenxuan Hou & Qiaobin Feng, 2010. "The trend of the Gini coefficient of China," Brooks World Poverty Institute Working Paper Series 10910, BWPI, The University of Manchester.
    Full references (including those not matched with items on IDEAS)

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bpj:zfwige:v:55:y:2011:i:1-2:p:84-102:n:7. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Peter Golla). General contact details of provider: https://www.degruyter.com .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.