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The Group of Twenty (G-20) deserves credit for opening up of the “top table†of global governance to a wider representation of countries on a geographic basis in general and Asia in particular. As both a crisis committee in terms of the reverberations from the 2008 financial crisis and...
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This paper examines both the strengths and weaknesses of the Group of Twenty (G-20) from the perspective of input and output legitimacy. Notwithstanding some initial successes the constraints with respect to “output” have become more acute. Moreover, the “input” legitimacy of the G-20...
Persistent link: https://www.econbiz.de/10010991110
The global financial crisis of 2007-2009 exposed flaws and shortcomings in the global economic architecture, and has sparked an international debate about possible remedies for them. The postwar global architecture was essentially guided by the major developed economies, and was centered around...
Persistent link: https://www.econbiz.de/10011172151
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A recent influx of Asian investment is changing the character of the Canadian oil and gas industry and reviving old debates on the regulation of foreign investment. Particular attention has been placed on investment by state-owned enterprises (SOEs), driven in part by public suspicion about...
Persistent link: https://www.econbiz.de/10011134321
The United States and China are at a turning point in their investment relationship. China’s previous investments in the US were predominantly in government securities, while other holdings were negligible. Recently, the accumulation of treasury securities has slowed and direct...
Persistent link: https://www.econbiz.de/10011134322
The dramatic rise of Chinese direct investment into the European Union has sparked a debate about the control that China may be seeking to take over European economies. Quite naturally these concerns have led to repeated calls that action be taken to slow down, if not to halt entirely, this...
Persistent link: https://www.econbiz.de/10011134323
Chinese state-owned enterprises (SOEs) and their overseas direct investment (ODI) have played an important role in China's economic development. But the rapid expansion of SOE-dominated ODI has also raised concerns, including about state capitalism and the need for competitive neutrality. This...
Persistent link: https://www.econbiz.de/10011134324
Foreign investment has played an important role in the Australian economy since the country's foundation. Part of the latest wave of foreign direct investment (FDI) in Australia has been by Chinese firms, and largely by state-owned enterprises with connections to the Chinese state. Despite the...
Persistent link: https://www.econbiz.de/10011134325