Home / Fellows / Markus TAUBE

Fellows

Markus TAUBE

University of Duisburg-Essen, Germany (EURICS Fellow)
Is Global Economic Governance Becoming More ‘Chinese’? Inventory and Analysis of Institutional Transfers Originating in China
01 May 2022 -
30 June 2022
Economics and finance
FacebookTwitter

Markus Taube holds the Chair for East Asian Economic Studies / China as a faculty member of the Mercator School of Management at the University of Duisburg-Essen, Germany. He is the Vice-Director of the IN-EAST Institute of East Asian Studies at this University as well as a Co-Director of the Confucius Institute Metropolis Ruhr. He is a founding partner of THINK!DESK China Research & Consulting, and has been appointed as Visiting Professor at a number of universities in Europe and China. He also holds various advisory board positions in European academia, business, and politics. He has published extensively in the fields of industrial policy as well as institutional developments and transformation processes in China. In recent years the evolution of the Belt and Road Initiative and its implications for global economic governance have become a major area of his research interests.

In may 2022, he integrates the European Institute for Chinese Studies (EURICS).

Research interests :

Economic institutional developments in China with a focus on the state-business nexus, industrial policy, innovation regime. In recent years the evolution of the Belt and Road Initiative and its implications for global economic governance have become a major research interests.

 

Is Global Economic Governance Becoming More ‘Chinese’?

Inventory and Analysis of Institutional Transfers Originating in China

Since the opening of China to the global economy in the mid-19th century, China’s integration into the global economic system has been mostly determined by an adoption of norms and regulatory principles developed in the “West”. It is only in recent years, as China’s absolute and relative economic might in the global economic system has risen dramatically, that a more active Chinese approach towards the institutional ordering of global economic interaction can be observed.

For decades European economic policy was based on the idea of “change through trade”. This is predicated on the idea that intensive economic exchange can avail itself of European institutions and values and lead to a process of convergence in which China begins to resemble the European model. Today it is apparent that the convergence process in which China has adopted a multitude of Western institutional templates since the 1980s has come to a standstill. Even more, China appears to have become an “originating” country for institutional templates that are being disseminated along the “New Silk Road”. This research project inter alia looks into the specific role played by the more than 80 Chinese-led industrial development and free trade zones as well as special economic zones established in the BRI-region. These may provide focal points for the presentation of Chinese institutional solutions and promote these as a transaction cost minimizing mode for doing business.

Key publications :

The Long Tail Thesis: Conceptualizing China’s Entrepreneurial Practices in Fintech and Electric Vehicles, in: Chinese Management Studies, Vol. 14 (2020), No. 2, pp. 433-454. (with Dai Shuanping), DOI: 10.1108/CMS-03-2019-0109

The Global Economic Regime at a Critical Juncture – The “Belt & Road Initiative” as a Means to Leverage Chinese Interests, in: Nösselt, Nele (ed.) (2020): China’s New Silk Road Dreams, Berliner China-Hefte / Chinese History and Society, Vol. 52, pp. 7-20.

China’s Integration into the Global Economic System: Institutional Idiosyncrasies and Emerging Patterns, in: Brousseau, Eric; Glachant, Jean-Michel; Sgard, Jérôme (ed.) (2020): The Oxford Handbook of Institutions of International Economic Governance and Market Regulation, Oxford: Oxford University Press. – online first –  (with Li Yuan), DOI: 10.1093/oxfordhb/9780190900571.013.19

27014
2021-2022
Contemporary period (1789-…)
Eastern Asia