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The overview of the book’s argument provides a framework for understanding the relationship between fiscal policy, sovereignty, and Renaissance English literature. It examines the challenges of sovereign authority in the period, especially the fiscal responsibilities of rulers and the potential for political instability due to taxation. The chapter draws parallels between historical and contemporary debates on taxation, emphasizing fiscal policy’s role in shaping collective security and wellbeing. It delves into the complexities of funding sovereignty in early modern England, highlighting the tension between necessary taxation and perceived fiscal aggression. The chapter introduces the idea of a "fiscal security dilemma," in which efforts to ensure security through taxation can paradoxically create insecurity and concludes with an overview of the book’s chapters and the variety of ways literary writers engaged with the struggle over fiscal policy as central to defining political community and governance in Renaissance England.
Taxation was a central challenge for England's rulers during the Renaissance, and consequently became a major theme for some of the period's greatest writers. Through close readings of works by Thomas More, Christopher Marlowe, William Shakespeare, George Herbert, and John Milton, David Glimp reveals how these writers and others grappled with the period's expanding systems of taxation and changing understandings of collective security. Such debates involved questions of political obligation, what it meant to be safe, and the nature of political community itself. Challenging dominant understandings of Renaissance sovereignty, Glimp explores in greater detail than ever before how early modern authors thought about and engaged the fiscal realities of government. From Utopia to Paradise Lost, his groundbreaking analysis illuminates how Renaissance literature addressed concerns about fiscal policy, state power, and collective wellbeing and will appeal to scholars of Renaissance literature, political theory, and economic history alike.
Extant studies on cross-border venture capital (VC) investment predominantly focus on how country-level formal institutions impact the flow of VCs across borders, but the potential role of country-level sentiments in this process has received less attention. Drawing upon the trust literature, we explore how home country political sentiment affects cross-border VC investment. Using data on Chinese VCs’ cross-border investments from 2000 to 2021, we find that home country political sentiment positively affects the amount of cross-border VC investment. Government VC (GVC) and connected VC (through sentiment transmission) positively, while investor managerial team education and investor host country experience (through sentiment suppression) negatively, moderate the influence of home country political sentiment.
In this book, I have tried to make sense of legitimacy at the international level, especially in relation to international law. I have paid a lot of attention to international law, in particular aligned with the demands of legitimacy and justice. But international law is only one aspect of the forces and the ecosystem that shape international order. Therefore, alone it cannot engineer the change that the international system requires today. This change has to be part of a more comprehensive approach. Here is not the place to offer a full account of the areas on which research could concentrate in the future to further encourage justice and legitimacy at the international level. However, it is worthwhile to present a general overview of these areas. In particular, three domains offer a possible road map for facilitating a constructive path forward: globalization, emotions and passions in social life, and the geopolitics of tomorrow.
The changes at play in the contemporary world bring about challenges that are impacting political legitimacy. They make legitimacy at the same time more problematic and more relevant, at both the national and international levels. From this perspective, how these changes and challenges are going to be addressed in the coming years is likely to determine, to a large extent, the evolution of political legitimacy—nationally and internationally. Among the changes and challenges underway, and their associated events and trends, I highlight the following eight: (1) the challenge of integration and disintegration, (2) the economic and financial challenge, (3) the geopolitical challenge, (4) the normative challenge, (5) the technological challenge, (6) the reassessment of globalization challenge, (7) the crisis of democracy challenge, and (8) the governance challenge. I unpack them in turn and, for each of them, allude to their possible meaning and implications for political legitimacy.
Population is a key factor of national power. Declining fertility rates, especially in major economies, are reshaping global power dynamics by shrinking workforces amidst aging populations. In response, more nations are adopting techno-natalist policies, promoting reproductive technologies (“reprotech”) like IVF to increase birth rates. Advances in genetic embryo selection, gene editing, in vitro gametogenesis, and artificial wombs could further enhance these policies by improving birth rates, health, and human capital. This article examines current and emerging reprotechnologies, the policy landscape, socioeconomic and geopolitical implications, and future research directions. By shaping national and global gene pools, reprotech policies and practices offer a paradigmatic case of gene–culture coevolution. If these technologies prove safe and effective, nations that embrace them are likely to gain geopolitical and evolutionary advantages over those that do not.
This article tries to explain the flourishing of geopolitical alternatives to the nation-state form and foreign policies organized around giant militarized power blocs during the two decades after World War II. The first section presents these new approaches to organizing the world. The first set of alternatives consisted of ideas and practices of the federation and the amalgamation of states into larger political units. These included Senghor’s vision of a postcolonial federation in which France and its former colonies would be equals; Nkrumah’s vision of a United States of Africa; and various short-lived amalgamations of states, including the Mali Federation and the United Arab Republic. These new geopolitical alternatives also included nonalignment, which originated with Jawaharlal Nehru of India and culminated with Josip Broz Tito of Yugoslavia but also encompassed Ireland between 1957 and 1961 and France in the early Fifth Republic. One of the distinctive features of this conjuncture is that these experiments were not limited to the global peripheries, colonies, and recently decolonized states, but also characterized certain nonhegemonic European core countries. The second section examines a set of four factors in this period that created an opportunity structure or space of possibilities for geopolitical experimentation: (1) late colonialism; (2) the Cold War; (3) the character of decolonization; and (4) the United Nations. The coexistence of these factors opened spaces of maneuver and autonomy for a flourishing of geopolitical imaginaries. The final section discusses possible reasons for the end of this period of experimentation.
The rise of antagonism between the German and Czech nationalist activists in the mid-19th century has been neither clearly explained nor convincingly dated. Although this is a topic closely linked to the history of nationalism, the state of research has paradoxically been misguided by the nationalist approach adopted by historians analyzing it. The reason is that nationalism was not the cause but just one response to a greater phenomenon. The aim of the article is therefore to clarify the German-Czech relationship in the broader context of European history and the history of international relations using the perspective of geopolitics and security. As it claims, it was not cultural, linguistic, or constitutional issues but the fear of external threats that caused the mutual distrust of political activists that led to hostility and conflicting policies. Under the impact of international events and within the context of their relations to other international actors this process originated in 1839 by the latest. During subsequent years it developed rapidly and became obvious during the 1848 revolutions. The article thus reveals that this year did not represent the beginning but merely another chapter in a process that had begun nearly a decade earlier.
What explains a preference for one trading partner over another? We present three broad answers to this question that focus on economic interests, geopolitical concerns, and political ideology. Empirically, we address the question by investigating the trade partner preferences of citizens and members of parliament in Latin America. With respect to the former, we rely on data from the Latinobarómetro that asked respondents about their evaluation of trade with the United States and China. In terms of the latter, we use the Latin American Elites Database, which contains data from surveys of legislators since 1994. By combining data gathered from citizens and political elites, we can highlight similarities and differences in trade partner preferences across these two types of actors. The results indicate that political ideology is an important predictor of preferences for trading partners for both political elites and citizens. By contrast, economic considerations only matter for legislators’ preferences and geopolitical considerations only for citizens’ preferences.
This introductory article challenges foundational assumptions that structure how international legal theory conceptualizes “the Global.” The prevailing approach remains anchored in a Eurocentric legacy that conflates the earth with a geometrically spherical, chronometrically linear, and cartographically fixed model of space and time. This triad has rendered “the Global” an ostensibly objective terrain—embodied by an iconic World Map of states that is presumably atheoretical and transhistorical. I argue this is a form of “misplaced concreteness,” which constrains international legal thought as it confronts increasingly fluid and non-contiguous patterns of global ordering that have become difficult to visualize via the reigning cartographic imaginary. Further, it ignores how “the Global” was constructed by multiple and intersecting types of power, which together manifested demarcations, borders, territories and states as proclaimed mimetic reflections of planetary reality. As contemporary challenges—ranging from e.g. climate change to cyber governance—create trans-territorial or planetary scales of consequence, time is ripe to unfold international legal theory beyond the legacy of a priori conceptualization. Accordingly, the special issue encourages bottom-up, practice-oriented approaches, inviting international lawyers to explore how global spatiality and temporality are actively (re)produced across diverse legal contexts—from mobility regimes and global value chains to counterterrorism forums and planetary systems. Rather than treating “the Global” as a fixed totality or singular map, this special issue reframes it as a historically engineered concept, shaped by ongoing practices of geo-political, geo-economic and legal world-making.
This chapter is devoted to global competition for monetary dominance. Correspondent banking, the backbone of international transactions, largely uses Society for Worldwide Interbank Financial Telecommunication (SWIFT), the main messaging system for cross-border payments. Correspondent banks play a role akin to a “central bank” in international transactions. They are trusted intermediaries of transactions on behalf of others. One problem is that correspondent banking leads to dominant positions of some banks in that essential service. There are economies of scale and network externalities here, hence the tendency for concentration and monopoly of power. Can digitalization help solve these problems? In principle, a network of interoperable central bank digital currencies (CBDCs) could be the solution. This would be a very different CBDC from the “retail version” described earlier. Its design would be different, along with the risks involved. We then discuss the geopolitics of money and the advantages and drawbacks of having an international currency that serves as reserve asset or invoicing instrument. At present, the dominance of the US dollar is unchallenged; neither the euro nor the Chinese yuan are plausible contenders. CBDCs are unlikely to change this status quo: The international role of currencies is determined by other factors, such as economic size, the stability of the currency itself, and the breadth of the underlying financial markets.
In an era marked by new challenges – from trade wars and sanctions, to supply chain disruptions and political instability – understanding the relationship between geopolitics and business is more crucial than ever. How are companies impacted and why should they care? This book explores how geopolitical shifts, including the rise of China, the US-China tech competition, and regional conflicts, affect markets, industries, companies, managers, and employees. Uncovering the structural changes reshaping the global business environment, the business risks from an increasing national security focus, and the implications of trade wars and global conflicts on innovation, Srividya Jandhyala offers practical strategies and skills for managers and employees to manage these risks. With a focus on real world case studies and actionable insights for businesses, The Great Disruption is as an essential resource, offering a roadmap for companies to navigate an evolving but unpredictable global business landscape.
The China–Pakistan Economic Corridor (CPEC), a key component of China’s Belt and Road Initiative, has the potential to transform Pakistan’s economy through economic cooperation, large-scale infrastructure projects and other forms of investment. Many observers fear, however, that the CPEC will become the “New East India Company,” effectively turning Pakistan into a Chinese client state. Through extensive interviews with key stakeholders in Pakistan as well as documentary research, we weigh the arguments on both sides of this debate. While the CPEC has the potential to become what many fashionably term a “game changer” for Pakistan, economic and social problems will likely prevent the country from fully realizing the CPEC’s transformative potential. On the other hand, the CPEC seems likely to expand the China–Pakistan relationship beyond its historical military and security emphasis to bring substantial social and economic benefits to Pakistan, while the complexity of the Pakistan case makes comprehensive “colonization” unlikely.
One century ago, US Secretary of State Charles Evan Hughes made the first official statement regarding US policy toward Antarctica by declaring it would not recognise sovereignty in areas that could not actually be settled. The Hughes Doctrine formalised US opposition to countries dividing Antarctica into sovereign territory, a doctrine that has become the bedrock upon which subsequent US decisions toward the region were built. This paper gives a broad overview of the development of US policy toward Antarctica, starting with the Hughes Doctrine, including the period when the United States secretly considered making its own claim to sovereign territory before deciding to champion then maintain the multilateral, sovereign-free region based on the Antarctic Treaty in order to achieve its national goals. This paper also reviews how the policies are working today and considers the significant challenges and costs the United States would incur if it altered its century-old policy toward Antarctica.
To solve contemporary humanitarian, poverty, and climate crises we need to involve new or more actors and come up with innovative forms of collaborations, partnerships, finance, and solutions adapted to local circumstances. This is one of many reasons for growing interest in South–South security cooperation (SSSC). This concluding article seeks to draw parallels between the growing literature on SSSC and the broader body of literature on South–South cooperation to explore how and to what extent they enrich each other and further our understanding of South–South engagements. The article highlights the heterogeneous and relational nature of SSSC and points to a two-speed global South where larger, (geo)politically more potent and richer countries in the global South assist or export models to, or intervene in, smaller, politically and economically less powerful states. It also highlights internal power dynamics in the global South and carves out the complex ways in which traditional, historically informed power relations also affect the actions of Southern actors.
Over the twentieth century, various types of synthetic fibers were invented, mass-produced, and widely distributed across the globe. This article analyzes the political power that was exercised to generate this innovation in musical instrument industries. Synthetics also contributed to the growth of the global garment, textile, sporting goods, and military industries, among many others. This article specifically discusses the politics behind the transition from the use of silk to nylon during the World War II and Cold War eras. Modern cultural industry's tendency in the mid- to late twentieth century to favor synthetic and other “man-made” fibers over natural ones was importantly shaped by political-economic—and political-ecological—conflicts between the United States and Japan, especially during World War II. These conflicts prepared the ground for the rise of global capitalism's synthetic regime.
This case study provides a comprehensive analysis of the intricate political risks faced by TikTok, the Chinese social media giant, within the complex US political landscape. Beginning with an exploration of the security concerns articulated by the US government, the discussion centers on TikTok’s data collection practices and their perceived impact on US national security. The narrative unfolds by elucidating the multifaceted strategies employed by TikTok and its parent company, ByteDance, to address these challenges, including litigation, endeavors toward Americanization, and technological adaptations. It also examines the evolution in the US government’s stance as well as TikTok’s adaptive strategies aimed at sustaining and expanding its presence in the US market. The study depicts the responses of the Chinese government to US policies, unraveling the broader implications of these developments on the global political-economic landscape, exploring the dynamics involved in US-China relations, and providing a deeper understanding of the complexities inherent in such interactions. Finally, this case study invites readers to engage in contemplation on the broader themes of political risks faced by multinational corporations, the challenges inherent in navigating global legal frontiers, and the intricate nature of US-China relations.
World politics has changed, claims Bruno Maçães. Geopolitics is no longer simply a contest to control territory: in this age of advanced technology, it has become a contest to create the territory. Great powers seek to build a world for other states to inhabit, while keeping the ability to change the rules or the state of the world when necessary. At a moment when the old concepts no longer work, this book aims to introduce a radically new theory of world politics and technology. Understood as 'world building', the most important events of our troubled times suddenly appear connected and their inner logic is revealed: technology wars between China and the United States, the pandemic, the wars in Ukraine and the Middle East, and the energy transition. To conclude, Maçães considers the more distant future, when the metaverse and artificial intelligence become the world, a world the great powers must struggle to build and control.
The viability of small island developing states (SIDS) is threatened by three distinct processes – a backlash against globalisation; rising geopolitical competition between powers; and accelerating climate change – which are pulling at the threads binding the liberal international order together. We suggest that this order has been kinder to SIDS than is often acknowledged because its underpinning norms – sovereign equality, non-interference, and right to development – are inherently permissive and thus provide SIDS with choices rather than imperatives. Their leaders should fight for the continuation and enhancement of that order rather than be seduced by alternatives. We provide a rationale for and examples of policies to achieve this, including reforms to the way ODA is measured, debt restructured, climate finance allocated, and global governance organised. These enhancements represent the most plausible pathway for SIDS in a period of significant global upheaval. This title is also available as Open Access on Cambridge Core.
As part of the “Solar Geoengineering: Ethics, Governance, and International Politics” roundtable, this essay examines dilemmas arising in exploring nonideal scenarios of solar geoengineering deployment. Model-based knowledge about solar geoengineering tells us little about possible climatic responses to malicious, self-interested, or competing deployments, and even less about political or cultural responses outside of the climate system. The essay argues that policy for governing solar geoengineering in a world of multiple states and uneven power relations requires a broader base for solar geoengineering knowledge, beyond that offered by modeling, and a better understanding of nonideal scenarios, especially those motivated by logics beyond reducing climate impacts. It highlights the interests of military and security actors in such knowledge, and the potential for it to facilitate securitization and further reduce the prospect of multilateral collaborative governance of geoengineering in the public interest. The essay concludes that further research can be ethically justified but must be comprehensively governed.