IDEAS home Printed from https://ideas.repec.org/a/nea/journl/y2022i55p212-217.html
   My bibliography  Save this article

From technological sanctions to Tech Wars: Impact of the U.S. - China confl ict on sanctioning policies and the high-tech markets

Author

Listed:
  • Danilin, I.

    (Primakov National Research Institute of World Economy and International Relations, Russian Academy of Sciences, Moscow, Russia)

Abstract

The U. S. "Technology War" with intensive sanctions against Chinese digital sector marked changes in the American and global sanctioning policy. Historically, tech sanctions are well known practice, negatively affecting defense and total capacity of opponents/adversaries. But case of the "Tech War" is very specifi c: scale of sanctions was unexpected, as was the choice of highly internationalized digital sector as their target. Key groups of the U.S. tech sanctions since 2018 seem to fi t existing practices - taking into account realities of the modern high-tech markets (for example, sanctions against Chinese venture investments in the U.S.A. or against Chinese startups). However, deeper analysis of the motives and content of the "Tech War" reveals changes in the ideology of the sanctioning policy. From blocking all forms of technology transfer in order to weaken the opponent (restrictionism) it is evolving toward strengthening U.S. leadership in high-tech markets through technological expansionism (blocking competition). This convergence of trade/investment national strategies with sanctioning policies is also determined by high-tech market specifi cs, as well as by features of the digital economy (i. e., access to the global raw data). Other nations are also considering these new practices which imply further increase of the technological component in the sanctioning policy (despite re-actualization of the hard power in international relations). At the same time, geopolitical factor also forces changes in the organization of high-tech markets - a challenge that will remain for the future.

Suggested Citation

  • Danilin, I., 2022. "From technological sanctions to Tech Wars: Impact of the U.S. - China confl ict on sanctioning policies and the high-tech markets," Journal of the New Economic Association, New Economic Association, vol. 55(3), pages 212-217.
    • Handle: RePEc:nea:journl:y:2022:i:55:p:212-217
    DOI: 10.31737/2221-2264-2022-55-3-13
    as

    Download full text from publisher

    File URL: http://www.econorus.org/repec/journl/2022-55-212-217r.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.31737/2221-2264-2022-55-3-13?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Kaempfer, William H. & Lowenberg, Anton D., 2007. "The Political Economy of Economic Sanctions," Handbook of Defense Economics, in: Keith Hartley & Todd Sandler (ed.), Handbook of Defense Economics, edition 1, volume 2, chapter 27, pages 867-911, Elsevier.
    2. Hufbauer, Gary Clyde & Jung, Euijin, 2020. "What's new in economic sanctions?," European Economic Review, Elsevier, vol. 130(C).
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Joshi, Sumit & Mahmud, Ahmed Saber, 2018. "Unilateral and multilateral sanctions: A network approach," Journal of Economic Behavior & Organization, Elsevier, vol. 145(C), pages 52-65.
    2. Felbermayr, Gabriel & Morgan, T. Clifton & Syropoulos, Constantinos & Yotov, Yoto V., 2021. "Understanding economic sanctions: Interdisciplinary perspectives on theory and evidence," European Economic Review, Elsevier, vol. 135(C).
    3. Afesorgbor, Sylvanus Kwaku & Mahadevan, Renuka, 2016. "The Impact of Economic Sanctions on Income Inequality of Target States," World Development, Elsevier, vol. 83(C), pages 1-11.
    4. Onialisoa Mirana Rakotoarivelo & Hanitriniaina Sammy Gr´egoire Ravelonirina, 2019. "On the Dynamic of Country Development," Journal of Mathematics Research, Canadian Center of Science and Education, vol. 11(2), pages 1-19, April.
    5. Felbermayr, Gabriel & Kirilakha, Aleksandra & Syropoulos, Constantinos & Yalcin, Erdal & Yotov, Yoto V., 2020. "The global sanctions data base," European Economic Review, Elsevier, vol. 129(C).
    6. Klomp, Jeroen, 2024. "Targeting profits: The economic impact of arms embargoes on defense companies," Journal of Policy Modeling, Elsevier, vol. 46(2), pages 391-416.
    7. William Seitz & Alberto Zazzaro, 2020. "Sanctions and public opinion: The case of the Russia-Ukraine gas disputes," The Review of International Organizations, Springer, vol. 15(4), pages 817-843, October.
    8. Matthias Efing & Stefan Goldbach & Volker Nitsch & Manju Puri, 2023. "Freeze! Financial Sanctions and Bank Responses," The Review of Financial Studies, Society for Financial Studies, vol. 36(11), pages 4417-4459.
    9. Oechslin, Manuel, 2014. "Targeting autocrats: Economic sanctions and regime change," European Journal of Political Economy, Elsevier, vol. 36(C), pages 24-40.
    10. Alexandra Lukyanova & Ayaz Zeynalov, 2022. "Russian Agricultural Industry under Sanction Wars," Papers 2211.09205, arXiv.org, revised Nov 2022.
    11. Tibor Besedeš & Stefan Goldbach & Volker Nitsch, 2018. "Cheap Talk? Financial Sanctions and Non-Financial Activity," CESifo Working Paper Series 7069, CESifo.
    12. Mirkina, Irina, 2018. "FDI and sanctions: An empirical analysis of short- and long-run effects," European Journal of Political Economy, Elsevier, vol. 54(C), pages 198-225.
    13. Mavrigiannakis, Konstantinos & Sakkas, Stelios, 2024. "EU sanctions on Russia and implications for a small open economy: the case of Cyprus," LSE Research Online Documents on Economics 125336, London School of Economics and Political Science, LSE Library.
    14. CARAMAN Cristian, MAHA Liviu-George, 2020. "The Short-Term Effects Of Economic Sanctions On Trade Activity. Case Study: Moldova'S Exports Of Wine," Revista Economica, Lucian Blaga University of Sibiu, Faculty of Economic Sciences, vol. 72(1), pages 37-45, April.
    15. Brzoska Michael, 2008. "Measuring the Effectiveness of Arms Embargoes," Peace Economics, Peace Science, and Public Policy, De Gruyter, vol. 14(2), pages 1-34, July.
    16. Ankudinov, Andrei & Ibragimov, Rustam & Lebedev, Oleg, 2017. "Sanctions and the Russian stock market," Research in International Business and Finance, Elsevier, vol. 40(C), pages 150-162.
    17. Tibor Besedeš & Stefan Goldbach & Volker Nitsch, 2017. "You’re banned! The effect of sanctions on German cross-border financial flows," Economic Policy, CEPR, CESifo, Sciences Po;CES;MSH, vol. 32(90), pages 263-318.
    18. Afontsev, S., 2022. "Political paradoxes of economic sanctions," Journal of the New Economic Association, New Economic Association, vol. 55(3), pages 193-198.
    19. Philippe Delacote, 2009. "Boycotting a dictatorship: who does it really hurt?," Economics Bulletin, AccessEcon, vol. 29(3), pages 1856-1862.
    20. Andreea – Emanuela Drǎgoi & Napoleon Pop, 2016. "Scenario Analysis for the Perspectives of the EU-Russian Federation Relationship," Global Economic Observer, "Nicolae Titulescu" University of Bucharest, Faculty of Economic Sciences;Institute for World Economy of the Romanian Academy, vol. 4(2), pages 66-73, November.

    More about this item

    Keywords

    sanctions; high-technology markets; technology war; U.S.A.; China;
    All these keywords.

    JEL classification:

    • F51 - International Economics - - International Relations, National Security, and International Political Economy - - - International Conflicts; Negotiations; Sanctions
    • F52 - International Economics - - International Relations, National Security, and International Political Economy - - - National Security; Economic Nationalism
    • O38 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Government Policy

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:nea:journl:y:2022:i:55:p:212-217. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Alexey Tcharykov (email available below). General contact details of provider: https://edirc.repec.org/data/nearuea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.