ElevationandDisparity.PDF

90 International Journal of Area Studies 8:1, 2013 DOI: 10.2478/ijas-2013-0005 Falin Zhang MCmASTER UNIVERSITY China and Global Financial Governance: Centripetalism, Elevation and Disparity Abstract In the post-2008 global financial crisis era, the global financial governance system has experienced dramatic changes and a comparatively new network system comes into the fore. Meanwhile, China’s extraordinary performance during the crisis by virtue of its unique political and economic systems urged the elevation of its role in the new system. Against this backdrop, three words are appropriate to describe the new system and China’s role in it in the post-crisis era–centripetalism (rather than centrifugalism), elevation (rather than domination) and disparity (rather than coherence). Centripetalism means that patched global financial governance network system has more force to coordinate states and related international organizations. Elevation refers to a relatively more important role of China in the new system, but, by no means, a dominant (or hegemonic) role. China is an indispensable participant rather than a leading power in global financial governance. Disparity indicates the differed strategies of China in various global financial governance institutions or toward different events. 摘要 后危机时代，国际金融管理系统经历了巨大的变革，一个新的网状系统逐渐形成。 同时, 凭借独特的政治和经济体系以及在此次金融危机中的优异表现, 中国在此新管理 体系中的地位得到大幅提升。鉴于此, 国际金融管理和中国在其中的地位可以概括为三 个词---向心 (而非离心)、提升 (而非主导) 和差异 (而非一致)。“向心”是指新的国 际金融管理网络体系能更好的协调主权国家和相关的国际金融管理机构。“提升”指的是 中国在新体系中的地位更加重要, 对稳定国际金融体系的作用更为明显。尽管如此，中 国依然只是一个重要的参与者, 而非领导者或者霸权。“差异”是指中国在国际金融管理体 系中的政策和策略并不是一致的, 尤其是对不同的国际金融管理机构