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dc.contributor.authorBabić, Milan
dc.description.abstractThe past two decades have seen a rapid rise in large-scale, state-led transnational investment from countries as different as China, Norway and Russia. By bundling economic resources, these countries have entered global markets through massive state-led investments. This transformation of states into global economic actors is historically unprecedented and presents a major challenge for how states relate to each other in the international system. Milan Babic examines how states have become major corporate owners in the global economy and unpacks the lasting effects of this on our understanding of the state and international politics. Drawing on research into the largest firm-level dataset on state ownership to date, in combination with in-depth historical and conceptual analysis, the book offers a comprehensive analysis of the rise of the state in the global economy and its present and future consequences for international relations.
dc.relation.ispartofseriesComparative Political Economy
dc.rightsopen access
dc.subject.classificationbic Book Industry Communication::K Economics, finance, business & management::KC Economics::KCP Political economy
dc.subject.classificationbic Book Industry Communication::J Society & social sciences::JP Politics & government::JPS International relations
dc.subject.classificationbic Book Industry Communication::K Economics, finance, business & management::KF Finance & accounting::KFF Finance
dc.subject.othersovereign wealth funds; globalization; state capitalism; foreign direct investment; financial markets; cross-border shareholding; transnational state ownership
dc.titleThe Rise of State Capital
dc.title.alternativeTransforming Markets and International Politics
oapen.collectionEuropean Research Council (ERC)
oapen.pages184 upon Tyne

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open access
Except where otherwise noted, this item's license is described as open access