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China and the Future of Globalization


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Table of Contents

List of diagrams List of maps List of tables Initial reflections Chapter One: Economy and security 1. Cold War Two 2. Cascade of threats 3. Technology and politics Chapter Two: The century of Asia with China leading the way? 1. A country in the middle of Asia 2. New Silk Road instead of exporting revolution 3. Nobody likes a hard landing Chapter Three: People and goods in the changing world 1. Between a demographic explosion and a population deficit 2. How long, how fast? 3. Where is the East, where is the West? 4. Myth of the free market being perfect Chapter Four: Socialism, capitalism or Chinism? 1. Economy - society - state 2. In search of equilibrium 3. Socialism with Chinese characteristics or corrupt crony capitalism? 4. Whither China and what business is it to others 5. Tertium datur Chapter Five: Recipe for crisis 1. At the expense of many for the benefit of few 2. Legally but immorally Chapter Six: What do the Chinese ask about? 1. Right questions at the right time 2. What students want to know 3. Chinese panoply of questions Chapter Seven: New pragmatism with Chinese characteristics 1. Vision rather than illusions 2. 16+1 initiative 3. China coming to our rescue? Final reflections References Index

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A new and engaging guide to China's economic rise, and what it means for the future of International Relations

About the Author

Grzegorz W. Kolodko is Professor of Economics at Kozminski University in Warsaw, and founder and Director of the TIGER Institute of Economic Affairs. He is a former Deputy Prime Minister of Poland and Minister of Finance, where he was a key architect of the economic reforms that brought Poland into the OECD in the 1990s. He is the author of Whither the World: The Political Economy of the Future (Palgrave, 2014) and of Truth, Errors and Lies: Economics and Politics in a Volatile World (Columbia University Press, 2011). He has written widely for international media and his books have been translated into 16 different languages.


Grzegorz Kolodko has written a concise, erudite, balanced and perceptive book on the global implications of China's unstoppable rise. We are moving, inescapably, into a multi-polar and multi-cultural world. * Martin Wolf, Associate Editor and Chief Economics Commentator, Financial Times *
A thought-provoking book on the consequences of the rise of China for the world economy. A plethora of interesting questions are proposed and investigated. In terms of current economic development, China and Poland are the most interesting, and the book has much to say about them. Given this, China and the Future of Globalization: The Political Economy of China's Rise is a must-read for any student of development. * Professor Edward C. Prescott, Nobel Prize Laureate in Economic Sciences *
A fine reflection on China's rise, offered with neither fear nor favor but in the pragmatic spirit that is Professor Kolodko's stock-in-trade. * James K. Galbraith, The University of Texas at Austin *
Greg Kolodko analyzes in this insightful book the economic, political and social implications of China's rejuvenation... The book is essential reading on a subject of the highest importance in the early 21st century. -- Justin Yifu Lin, Dean, Institute of New Structural Economics, Peking University, Former Chief Economist, the World Bank

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