Chinese Neoglobalisation as Webpower: Conceptualizing and comparing its variegations
The world economy is transforming as a result of new variegations of transnational state capitalism. Arguably the most significant is China’s Belt and Road Initiative (BRI) which seeks to expand, extend, and diversify the country’s global integrations via infrastructure, offshoring, trade, and geopolitical alliances. There has been a substantial debate on the extent to which China’s global strategy is centrally coordinated or whether it is more diffuse and heterogeneous in nature.
This talk explores this issue through the concept of webpower, a framework that strives to captures the diverse vectors and realms of impact that China is having on the world system today. Webpower operates through four principal vectors: industrial power, financial power, integrative power (infrastructure), and regulatory power that are helping to reshape the governance of economic systems, particularly in the Global South. The talk unpacks the constitutive features of webpower, illustrates its implications in Africa, and calls for global, comparative research to assess its implications for the world system in the 21st century.
This event is hybrid and will be held online or in-person at Hums_Bridge_St_G7.
To Register for the event please visit - https://zoom.us/meeting/register/tJ0oduiqpjgpHt0pDrGAVS7iqKfOEqa_yS28
Speaker
Jim Murphy
Role: Professor of Geography
Organisation: Clark University
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G7
Humanities Bridgeford Street
Manchester
