LEADER 04238nam 22006615 450 001 9910492138003321 005 20251202145653.0 010 $a9783030747091 010 $a3030747093 024 7 $a10.1007/978-3-030-74709-1 035 $a(CKB)5590000000534285 035 $a(MiAaPQ)EBC6676934 035 $a(Au-PeEL)EBL6676934 035 $a(OCoLC)1287136468 035 $a(DE-He213)978-3-030-74709-1 035 $a(EXLCZ)995590000000534285 100 $a20210712d2021 u| 0 101 0 $aeng 135 $aurcnu|||||||| 181 $ctxt$2rdacontent 182 $cc$2rdamedia 183 $acr$2rdacarrier 200 10$aHow Trade with China Threatens Western Institutions $eThe Economic Roots of a Political Crisis /$fby Robert Gmeiner 205 $a1st ed. 2021. 210 1$aCham :$cSpringer International Publishing :$cImprint: Palgrave Macmillan,$d2021. 215 $a1 online resource (303 pages) 311 08$a9783030747084 311 08$a3030747085 327 $aChapter 1. Introduction -- Chapter 2. China?s Economy and Success without Freedom -- Chapter 3. The American Economy and Institutions with Sino-U.S. Trade -- Chapter 4. Specific Problems in the U.S.-China Trade Relationship -- Chapter 5. Institutional Free Riding, etc. 330 $aThis book evaluates the institutional environments of China and the United States, and the West more broadly, and how they affect their trading relationship, with specific emphasis on intellectual property theft and other allegations of unfair competition. The economic and political characteristics of the two countries affect the balance of power in their trading relationship, with ramifications far beyond jobs and output. The major theme is China?s ability to free ride on Western institutions through intellectual property theft and extortion. This free riding is far more than just infringing patents and reaping profits; it creates a combination of incentives for political pressures in the West that diminish the free market and liberal Western values. The result is the classic result of free riding ? underprovision, or degeneration, of the Western institutions that made the West prosperous and free. At the same time, China?s economic might, military prowess, and global soft power increase, often with deleterious effects for freedom and free markets. This book is distinctive because it integrates public choice ideas about economic institutions, state action, and strategic behavior into international trade. It also takes account of the economic characteristics of China and the West and explains why they present a situation that is fundamentally different from other trade disputes. Institutions and political influence are central to this book?s analysis of trade, which can be more dangerous and more disguised than the welfare gains from trade. Providing a concise and lucid distillation of pressing issues, this book is critical reading for scholars studying trade with China and its effects on both global and Western innovation, economic output, soft power, and freedom more broadly. Robert Gmeiner is Assistant Professor of Economics at Methodist University in Fayetteville, North Carolina, USA. 606 $aInternational economic relations 606 $aSocial choice 606 $aWelfare economics 606 $aEconomic development 606 $aRetail trade 606 $aInternational Economics 606 $aSocial Choice and Welfare 606 $aEconomic Development, Innovation and Growth 606 $aTrade and Retail 615 0$aInternational economic relations. 615 0$aSocial choice. 615 0$aWelfare economics. 615 0$aEconomic development. 615 0$aRetail trade. 615 14$aInternational Economics. 615 24$aSocial Choice and Welfare. 615 24$aEconomic Development, Innovation and Growth. 615 24$aTrade and Retail. 676 $a382.0951073 676 $a382.095101821 700 $aGmeiner$b Robert$01069152 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910492138003321 996 $aHow Trade with China Threatens Western Institutions$92554700 997 $aUNINA