Archiv für Oktober 2017

An Unlikely Champion of Global Finance: Why Is China Exceeding International Banking Standards?

As a G20 member, China has been engaged in financial reform since the end of the global financial crisis. A core piece of this reform is Basel III, the new prudential standard issued by the Basel Committee. Rather than being merely compliant, China’s banking regulation is stricter than the global standard and being implemented ahead of the international timetable. Why is China voluntarily subjecting itself to tougher regulatory standards than the rest of the world? This article shows that low adjustment costs, factional politics, and, above all, an unusual alignment of domestic interests in the quest for international reputation are driving this phenomenon. The troubled institutional history of China’s financial system motivates all relevant stakeholders to seek external validation in order to address a credibility gap abroad, albeit for different reasons. The article examines the power of reputation as a driver of regulatory positioning in the context of China’s integration into international financial institutions.

Tackling Chinese Upgrading Through Experimentalism and Pragmatism: The Case of China’s Wind Turbine Industry

This paper examines the development of China’s wind turbine industry, shedding light on the Chinese mode of disruptive industrial upgrading through policy pragmatism and fragmented, experimental governance. Based on a historical analysis of China’s wind turbine industry, the paper highlights three distinct phases, which are all marked by their own inbuilt and potentially self-disruptive impasses and associated crises. In turn, these impasses have forced the Chinese government into radical and flexible interventions, which have spurred on Chinese companies to creatively find new ways to develop and upgrade. The paper illustrates the transformation of Sino–foreign relations by China’s non-linear upgrading approach, particularly during the Chinese wind power industry’s quality crisis, and its development model. It also discusses the implications this examination of China’s approach has for the literatures on China, upgrading, and catch-up. Finally, the paper calls on future studies to enquire further into China’s distinct mode of industrial upgrading and its embeddedness in China’s institutional context.

Editorial

Editorial JCCA 2/2017

A Hole in the Head. Directed by Robert Kirchhoff. Produced by Hitchhiker Cinema (Slovakia), Czech Television, Slovak Television and atelier.doc (Slovakia). 2016, 90 minutes. Slovak, Czech, German, Polish, French, Serbian, Croatian, Sinti with English Subtitles

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‘Nothing could be more pernicious’: King James II and parliament at King’s Inns, Dublin, 1689

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Rechte Homestory

Im Journalismus hat sich ein neues Genre etabliert, der Besuch bei Götz und Ellen Kubitschek.

Der Beitrag Rechte Homestory erschien zuerst auf der rechte rand.

Let’s play war. Directed by Meelis Muhu. Produced by Oy-In Ruum (Estonia). 2016, 74 minutes. Estonian and Russian with English subtitles.

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Two post-war paths: popular violence in the Bohemian lands and in Austria in the aftermath of World War I

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Liberation: the user’s guide (Manuel de libération). Directed by Alexander Kuznetsov. Produced by Rebecca Houzel, Petit à petit production (Paris). 2016, 80 minutes. Russian with English subtitles

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Ukrainian Sheriffs, directed by Roman Bondarchuk. Produced by Uldis Cekulis and Dar’ya Averchenko. Ukraine, Germany, 2015, 85 min. In Russian and Ukrainian with English subtitles

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