Chinese IPE debates on (American) hegemony

ABSTRACT

Reflections on hegemonic power have shaped the contemporary field of international political economy (IPE) within China. Shifts in the thinking of Chinese scholars correlate with China's own changing role and location in a system still most profoundly influenced by the United States. But real and perceived changes in America's position have also influenced the way in which Chinese IPE scholars are now reconceptualizing the nature of global authority and the international position of China. In one generation, the mainstream of China's IPE scholarship has moved away from its rigid Marxist origins and converged in substantial part with Anglo-American ideological traditions, now prominently including liberal institutionalism. Nevertheless, scholarship informed by other traditions, including a re-imagined Confucianism, flourishes. Major policy-changing events clearly affect the work of Chinese IPE scholars, a phenomenon hardly unknown elsewhere.

KEYWORDS:

• China
• United States
• hegemony
• financial crisis
• international political economy

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Erratum

This article was originally published with errors. This has been corrected. Please see Erratum (http://dx.doi.org/10.1080/09692290.2013.875738)

Additional information

Notes on contributors

Wang Yong

Yong Wang is Professor of International Relations at the School of International Studies at Peking University. He is also the Director of the Center for International Political Economy at the University. His most recent publications include ‘Debating the International Currency System’ (with Gregory Chin) in China Security; ‘Seeking a Balanced Approach on the Global Economic Rebalancing: China's Answers to International Policy Cooperation’ in Oxford Review of Economic Policy; and (in Chinese) The Political Economy of International Trade (China Market Press, 2008) and The Political Economy of China-U.S. Trade Relations (China Market Press, 2007).

Louis Pauly

Louis W. Pauly is Professor and Chair of Political Science at the University of Toronto, where he holds the Canada Research Chair in Globalization and Governance. His recent publications include ‘The Political Resonance of Nixon in China’ in University of Toronto Quarterly; ‘Hong Kong's Financial Centre in a Regional and Global Context’ in Hong Kong Journal; and Global Ordering: Institutions and Autonomy in a Changing World (University of British Columbia Press, 2008).