3 results
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2. China, the US and the Security Dimensions of Financial Interdependence.
- Author
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Narine, Shaun
- Subjects
- *
INTERNATIONAL finance , *ECONOMIC development , *INTERNATIONAL security , *INTERNATIONAL economic relations , *INTERNATIONAL conflict ,CHINA-United States relations - Abstract
For the past decade, China has been experiencing phenomenal rates of economic growth. Its continuing development, however, is closely tied to its ability to keep its goods competitive in the international market. Thus, China has kept the value of its currency comparatively low by exporting many of its profits to the industrialized world. In particular, China has used some of its excess financial gain to purchase American treasury instruments and other American dollar assets. This has helped to finance the growing American national debt. China is one of the United State?s major creditors. At the same time that China is helping to artificially maintain the American economy, the US is engaging in security policies which seem to cast China as a threat to American hegemonic power. Considerable time and energy has been spent in the US in evaluating China as a potential threat, and a great deal has been written on how and when the US should respond to this perceived threat. The paradoxical relationship between the US and China is the subject of this paper. In particular, the paper evaluates the mutually-reinforcing economic relationship of the two countries and attempts to evaluate how this affects the evolving security relationship. Theoretically, the paper compares realist and liberal approaches to these questions with more complex constructivist arguments. The paper argues that the US perception of itself as the premiere world power is coming into conflict with the China?s perception of itself as a relatively weak country that is only now starting to attain the level of global prominence that it deserves. These self-identities strongly influence the operation of economic and security factors when the two states assess how to deal with each other. ..PAT.-Conference Proceeding [ABSTRACT FROM AUTHOR]
- Published
- 2006
3. China?s Energy Security Activities: An Emerging Security Dilemma Between China and the United States.
- Author
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Hart, Melanie and Yang, Yi
- Subjects
- *
ENERGY consumption , *ENERGY policy , *INTERNATIONAL conflict , *INTERNATIONAL relations , *INTERNATIONAL cooperation ,CHINA-United States relations - Abstract
China?s impressive economic growth has led to a surge in energy consumption, increasing Chinese dependence on foreign energy resources. US policy analysts disagree over whether China?s increasing dependence on international energy markets conflicts with US energy security interests. Thus far, these debates are occurring within the policy sphere and are not theoretically informed; this paper will improve on those debates by analyzing the energy issue against the backdrop of international relations theory. We argue that the security dilemma best models the emerging energy situation ? although both China and the United States are defensive status quo actors, uncertainty over one another?s intentions may lead to unwanted conflict. Recognizing the presence of security dilemma dynamics is critical for correctly determining which policy actions are most likely to lead to a cooperative outcome. The US must recognize that China is a status quo actor and follow a strategy of reassurance. If the US mistakenly treats China as a revisionist actor in the energy sphere, this may verify Chinese fears of US intentions and trigger avoidable spirals of Sino-US conflict. Maintaining US-China cooperation in the energy sphere is crucial because both the US and China view energy policy as an issue of national security. ..PAT.-Conference Proceeding [ABSTRACT FROM AUTHOR]
- Published
- 2006
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