Skip to main content
SpringerLink
Log in
Palgrave Macmillan

How Trade with China Threatens Western Institutions

The Economic Roots of a Political Crisis

  • Book
  • © 2021

Overview

Authors:
  1. Robert Gmeiner

    1. Methodist University, Fayetteville, USA

    View author publications

    You can also search for this author in PubMed   Google Scholar

  • Evaluates the institutional environments of the United States and China and how they affect the two countries’ trading relationship, with specific emphasis on intellectual property theft
  • Gives a concise, lucid understanding of issues surrounding trade with China and its effects on both global and American innovation, economic output, soft power, and freedom more generally
  • Integrates public choice ideas about economic institutions, state action, and strategic behavior into international trade

This is a preview of subscription content, log in via an institution to check access.

Access this book

Log in via an institution
eBook USD 99.00
Price excludes VAT (USA)
  • Available as EPUB and PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book USD 129.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info
Hardcover Book USD 129.99
Price excludes VAT (USA)
  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Other ways to access

Licence this eBook for your library

Institutional subscriptions

Table of contents (8 chapters)

  1. Front Matter

    Pages i-xvi
    Download chapter PDF

  2. Introduction

    • Robert Gmeiner
    Pages 1-6

  3. China’s Economy and Success Without Freedom

    • Robert Gmeiner
    Pages 7-53

  4. The American Economy and Institutions with Sino-US Trade

    • Robert Gmeiner
    Pages 55-98

  5. Specific Problems in the US-China Trade Relationship

    • Robert Gmeiner
    Pages 99-139

  6. Institutional Free Riding

    • Robert Gmeiner
    Pages 141-180

  7. Institutional Change in the West

    • Robert Gmeiner
    Pages 181-229

  8. Confronting the Threat

    • Robert Gmeiner
    Pages 231-276

  9. Conclusion

    • Robert Gmeiner
    Pages 277-281

  10. Back Matter

    Pages 283-293
    Download chapter PDF
Back to top

Keywords

About this book

This 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.

Authors and Affiliations

  • Methodist University, Fayetteville, USA

    Robert Gmeiner

About the author

Robert Gmeiner is Assistant Professor of Economics at Methodist University in Fayetteville, North Carolina, USA.

Bibliographic Information

  • Book Title: How Trade with China Threatens Western Institutions

  • Book Subtitle: The Economic Roots of a Political Crisis

  • Authors: Robert Gmeiner

  • DOI: https://doi.org/10.1007/978-3-030-74709-1

  • Publisher: Palgrave Macmillan Cham

  • eBook Packages: Economics and Finance, Economics and Finance (R0)

  • Copyright Information: The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Switzerland AG 2021

  • Hardcover ISBN: 978-3-030-74708-4Published: 13 July 2021

  • Softcover ISBN: 978-3-030-74711-4Published: 14 July 2022

  • eBook ISBN: 978-3-030-74709-1Published: 12 July 2021

  • Edition Number: 1

  • Number of Pages: XVI, 293

  • Number of Illustrations: 1 b/w illustrations

  • Topics: International Economics, Social Choice/Welfare Economics/Public Choice/Political Economy, R & D/Technology Policy, Trade

Publish with us

Policies and ethics

Back to top

Search

Navigation