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How stalled global reform is fueling regionalism: China’s engagement with the G20

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  • Jared McKinney

Abstract

In the Chinese view, the architecture of contemporary global governance – especially that of the Bretton Woods institutions – is flawed and in need of reform. Developing nations (like China), the argument runs, need to be given a role proportionate to their global economic influence. Since the Group of Twenty (G20) became a leaders’ summit in 2008, China has used the forum to push for such reform. But today, despite some supposed progress, reform has stalled. Recognising this fact, China is increasingly emphasising regional integration in its strategy for overcoming the middle-income trap. Global reform has not been abandoned, but – given its infeasibility – is no longer a short-term priority.

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  • Jared McKinney, 2018. "How stalled global reform is fueling regionalism: China’s engagement with the G20," Third World Quarterly, Taylor & Francis Journals, vol. 39(4), pages 709-726, April.
  • Handle: RePEc:taf:ctwqxx:v:39:y:2018:i:4:p:709-726
    DOI: 10.1080/01436597.2017.1374838
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    Cited by:

    1. Borsi, Mihály Tamás & Valerio Mendoza, Octasiano Miguel & Comim, Flavio, 2022. "Measuring the provincial supply of higher education institutions in China," China Economic Review, Elsevier, vol. 71(C).

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