An Emprical Critique of the Notion “Power Shift” from the US-Led West to the China-Led East

Year 2013, Volume: 2 Issue: 4, 97 - 115, 01.12.2013

Muhammed Kürşad Özekin

Abstract

The primary aim of this article is to demystify the notion of a hegemonic shift from the US-led West to the China-led East in an economic sense. In this regard, this study presents an emprical critique of the power-shift hypothesis in the light of a range of economic indicators as comparison criteria of global economic leadership. In parallel with this purpose, this study suggests that the way in which * University of Cambridge, Centre of Development Studies PHD Student. [e-mail] China has integrated into the global economy has brought her high rates of economic growth and increasing amount of inward foreing direct investment (FDI) flows, but, despite its growing economic scale, China still lags behind the US in genuine economic terms such as the capability in knowledge- and technology-based production, the global share in high added value production, the level of global competitiveness, and leading position in science and technology.

Keywords

Power Shift, Hegemony, China, Globalization, Global Economy.

ABD Liderliğindeki Batıdan Çin Liderliğindeki Doğuya “Güç Kayması” Kanısının Ampirik Bir Eleştirisi

Abstract

Bu makelenin başlıca amacı ABD liderliğindeki Batıdan Çin liderliğindeki Doğuya doğru bir hegemonik güç kaymasının olduğu fikrine ekonomik bakımdan açıklık getirmektir. Bu bağlamda, çalışma küresel ekonomik liderliğin karşılaştıma kriterleri olarak bir dizi ekonomik gösterge ışığında güç kayması varsayımının ampirik bir eleştirisini sunacaktır. Bu amaç doğrultusunda bu çalışma, küresel ekonomi ile bütünleşme tarzının Çin‘e yüksek büyüme oranları ve artan yabancı sermaye yatırımları getirdiğini, fakat büyüyen ekonomik ölçeğe rağmen Çin‘in, bilgi ve teknoloji tabanlı üretim kapasitesi, yüksek katma değerli üretim, küresel rekabet düzeyi ve bilim/teknoloji alanındaki liderlik gibi asli ekonomik alanlarda hala ABD‘nin gerisinde kaldığını öne sürecektir.

Keywords

Güç Kayması, Hegemonya, Çin, Küreselleşme, Küresel Ekonomi.

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