ABSTRACT
Problem: Consequences of the New Globalization for US-China relations.
Research problem: What characterizes the New Globalization?
Research questions:
RQ1: What is the impact of the innovation economy on the New Globalization?
RQ2: What is the impact of the new economic world order on the New Globalization?
Objective: To develop models and policy for the various consequences of the innovation economy and New Globalization for US-China relations.
Methods: Conceptual generalization, literature review, scenario thinking, and economic-historical methods.
Findings:
Key points in this chapter
The Old Globalization (1980-–2013) was characterized by competition for costs in general and labour costs in particular
The New Globalization (2013–) is characterized by competence in general and technological competence in particular.
