April 11, 2024
AnalysisThe Electric Vehicle Developmental State
BYD exemplifies transformations in Chinese industrial policy
The rise of the Chinese EV industry has been enabled not only by generous government subsidies but also by profound changes in strategy and organization, and in particular by a distinctive revival of vertical integration—at both individual firm and national…
The Dollar and Climate
How US dollar hegemony fuels the climate crisis
The climate crisis offers a new angle from which to evaluate US dollar hegemony, since carbon emissions are tied to economic activity.