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Those who study China's domestic economics tend to focus on its businesses, industries, supply chains, and energy … views of international relations scholarship, much of which focuses on system-level analyses and tends to predict that China … will inevitably achieve ever-greater global power. It is no wonder that so many long-held assumptions about China have an …
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The last two centuries witnessed the rise and fall of empires. We construct a model which rationalises this in terms of the changing trade gains from empires. In the model, empires are arrangements that reduce trade cost between an industrial metropole and the agricultural periphery. During...
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