China as a “Quasi-Center” in the World Economic System: Developing a New “Center–Quasi-center–Semi-periphery–Periphery” Theory
<p class="first" id="d55128e86">Based on the “center–periphery” and “center–semi-periphery–periphery” theories, as well as on the analysis of data related to China's GDP, foreign trade, finance, foreign investment and aid, comprehensive competit...
| Main Authors: | , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Pluto Journals
2021-03-01
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| Series: | World Review of Political Economy |
| Online Access: | https://www.scienceopen.com/hosted-document?doi=10.13169/worlrevipoliecon.12.1.0004 |
| _version_ | 1797834163305316352 |
|---|---|
| author | Enfu Cheng Chan Zhai |
| author_facet | Enfu Cheng Chan Zhai |
| author_sort | Enfu Cheng |
| collection | DOAJ |
| description | <p class="first" id="d55128e86">Based on the “center–periphery” and “center–semi-periphery–periphery” theories, as
well as on the analysis of data related to China's GDP, foreign trade, finance, foreign
investment and aid, comprehensive competitiveness, the Belt and Road Initiative, and
so forth, this article explains that while a gap still exists between China and the
major countries at the center of the world economic system, China's tremendous growth
obviously distinguishes it from the countries of the periphery or “semi-periphery.”
If we are to present an objective description and definition of China's status and
role in the world economic system since 2012, we must therefore adopt the concept
of a “quasi-center.” This innovation supplements the dichotomy involved in the “center–periphery”
theory, and requires the formulation of a new theory with a three-tier structure of
“center–quasi-center–periphery,” or even a four-tier structure of “center–quasi-center–
semi-periphery–periphery.”
</p> |
| first_indexed | 2024-04-09T14:34:07Z |
| format | Article |
| id | doaj.art-ce2b18bef2a948f18d4b35fd3b2e51df |
| institution | Directory Open Access Journal |
| issn | 2042-891X 2042-8928 |
| language | English |
| last_indexed | 2024-04-09T14:34:07Z |
| publishDate | 2021-03-01 |
| publisher | Pluto Journals |
| record_format | Article |
| series | World Review of Political Economy |
| spelling | doaj.art-ce2b18bef2a948f18d4b35fd3b2e51df2023-05-03T14:04:29ZengPluto JournalsWorld Review of Political Economy2042-891X2042-89282021-03-0112142610.13169/worlrevipoliecon.12.1.0004China as a “Quasi-Center” in the World Economic System: Developing a New “Center–Quasi-center–Semi-periphery–Periphery” TheoryEnfu ChengChan Zhai<p class="first" id="d55128e86">Based on the “center–periphery” and “center–semi-periphery–periphery” theories, as well as on the analysis of data related to China's GDP, foreign trade, finance, foreign investment and aid, comprehensive competitiveness, the Belt and Road Initiative, and so forth, this article explains that while a gap still exists between China and the major countries at the center of the world economic system, China's tremendous growth obviously distinguishes it from the countries of the periphery or “semi-periphery.” If we are to present an objective description and definition of China's status and role in the world economic system since 2012, we must therefore adopt the concept of a “quasi-center.” This innovation supplements the dichotomy involved in the “center–periphery” theory, and requires the formulation of a new theory with a three-tier structure of “center–quasi-center–periphery,” or even a four-tier structure of “center–quasi-center– semi-periphery–periphery.” </p>https://www.scienceopen.com/hosted-document?doi=10.13169/worlrevipoliecon.12.1.0004 |
| spellingShingle | Enfu Cheng Chan Zhai China as a “Quasi-Center” in the World Economic System: Developing a New “Center–Quasi-center–Semi-periphery–Periphery” Theory World Review of Political Economy |
| title | China as a “Quasi-Center” in the World Economic System: Developing a New “Center–Quasi-center–Semi-periphery–Periphery” Theory |
| title_full | China as a “Quasi-Center” in the World Economic System: Developing a New “Center–Quasi-center–Semi-periphery–Periphery” Theory |
| title_fullStr | China as a “Quasi-Center” in the World Economic System: Developing a New “Center–Quasi-center–Semi-periphery–Periphery” Theory |
| title_full_unstemmed | China as a “Quasi-Center” in the World Economic System: Developing a New “Center–Quasi-center–Semi-periphery–Periphery” Theory |
| title_short | China as a “Quasi-Center” in the World Economic System: Developing a New “Center–Quasi-center–Semi-periphery–Periphery” Theory |
| title_sort | china as a quasi center in the world economic system developing a new center quasi center semi periphery periphery theory |
| url | https://www.scienceopen.com/hosted-document?doi=10.13169/worlrevipoliecon.12.1.0004 |
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