New Research: The CIC

Ashby Monk

Gordon and I have a new draft paper out entitled, “Nation-State Legitimacy, Trade, and the China Investment Corporation.” It offers a unique interpretation of the rise of the CIC.

Specifically, we explore the nature of the “deal” that was struck when American markets were opened up to China. In effect, the origins of the CIC can be found, in part, in an American commitment to “normalise” China’s role in the global economy.

Comments on the paper are more than welcome. I’m sure there will be many revisions yet to come.

Get it here or on our Resources page.

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This website is a project of Professor Gordon L. Clark and Dr. Ashby Monk of the School of Geography and the Environment at the University of Oxford. Their research on sovereign wealth funds is funded by the Leverhulme Trust and The Rotman International Centre for Pension Management.

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