Study of China and the Use of Coercive Economics.

摘要

China has the fastest growing economy in the world. It has expanded approximately 10 percent per year for the last three decades and recently surpassed Japan as the world's second largest economy. However, the rise of economic power in an authoritative state comes with a price and a challenge to the international system. Globalization has introduced a paradigm shift in the balance of power through the expanded use of coercive economics. Historically, coercive economic influence has been exercised through the use of sanctions, blockades, and embargoes. Today, economic power and the effective use of coercive economics have transcended to an effective element of national power by leveraging globalization. China has become an integrated player in the world economic market and has leveraged its economic influence within the international system.