The Future of Multilateralism and Globalization in the Age of the U.S.–China Rivalry

"""The Future of Multilateralism and Globalisation in the Age of US-China Rivalry is a fascinating and timely volume of the highest quality. The volume brings together a group of leading scholars with policy expertise to examine the political economy of China’s challenge to the liberal order and the response of the US and other powers in the cases of manufacturing, finance, trade, institutions, standards, development assistance, supply chains, climate change and regional political and security cooperation. There is no other volume with this range of coverage and expertise that tackles these pressing contemporary issues with such insight and critique. The volume is required reading for academics, policy analysts and advanced students."" Christopher W. Hughes, Professor of International Politics & Japanese Studies, Department of Politics and International Studies, University of Warwick ""A serious book from expert scholars and financial practitioners, exploring how the most pivotal relationship in the world, the US-China rivalry, is reshaping the world economy and the international order. It provides new insight into how US-China economic interdependence has turned into tension and rivalry – for instance how a convergence of US and China’s capitalisms has given rise to the US-China tensions, not their purported differences. A valuable resource on how reckless financialization of the US economy, China’s unconventional role in the WTO, Chinese development lending and debt restructuring practices, and US-China competition and cooperation in global standard setting are recasting the global economy. This comprehensive study draws attention to the major dilemmas posed by geopolitics, pandemics, and climate change, and it invites us to reflect on how the US, China and others should respond."" Gregory T. Chin, Associate Professor, Department of Politics, York University & Mayling Birney Global Scholar (2022-23), The London School of Economics and Political Science ""This volume provides a clear account of the challenges the liberal international order has to face in a context of a rising US-China rivalry. More importantly it also offers recommendations as to how to shift to a ""post-globalized"" world. A must read for people interested in understanding the present international economic system and where it is heading."" Françoise Nicolas, Center for Asian Studies, Ifri, Paris."