The study aims to explore whether internationalization by state-owned enterprises is a curse or blessing in the context of aspirant industrial economies, such as China. What do state-owned enterprises' global production aspirations, such as outward foreign direct investment, bring into their...

This work details the growing phenomenon of state capitalism, a system in which governments drive local economies through ownership of market-dominant companies. This trend, Bremmer argues, threatens America's competitive edge and the conduct of free markets everywhere.