Contrasting perspectives on China's rare earths policies: Reframing the debate through a stakeholder lens
This article critically compares China's rare earth policy with perspectives upheld in the rest of the world (ROW). We introduce rare earth elements and their importance for energy and present how China and the ROW are framing the policy debate. We find strongly dissonant views with regards to...
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sg-smu-ink.lkcsb_research-59462017-11-29T04:01:21Z Contrasting perspectives on China's rare earths policies: Reframing the debate through a stakeholder lens HAYES-LABRUTO, Leslie Simon J.D. SCHILLEBEECKX, WORKMAN, Mark SHAH, Nilay This article critically compares China's rare earth policy with perspectives upheld in the rest of the world (ROW). We introduce rare earth elements and their importance for energy and present how China and the ROW are framing the policy debate. We find strongly dissonant views with regards to motives for foreign direct investment, China's two-tiered pricing structure and its questionable innovation potential. Using the metaphor of "China Inc.", we compare the Chinese government to a socially responsible corporation that aims to balance the needs of its internal stakeholders with the demands from a resource-dependent world. We find that China's internal stakeholders have more power and legitimacy in the REE debate than the ROW and reconceptualise various possible mitigation strategies that could change current international policy and market dynamics. As such, we aim to reframe the perspectives that seem to govern the West and argue in favor of policy formation that explicitly acknowledges China's triple bottom line ambitions and encourages the ROW to engage with China in a more nuanced manner. 2013-12-01T08:00:00Z text application/pdf https://ink.library.smu.edu.sg/lkcsb_research/4947 info:doi/10.1016/j.enpol.2013.07.121 https://ink.library.smu.edu.sg/context/lkcsb_research/article/5946/viewcontent/ContrastingPerspectivesChinaRareEarthsPolicies_2013__1_.pdf http://creativecommons.org/licenses/by-nc-nd/4.0/ Research Collection Lee Kong Chian School Of Business eng Institutional Knowledge at Singapore Management University Rare earth elements China Stakeholders Business Law, Public Responsibility, and Ethics Energy Policy Strategic Management Policy |
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Rare earth elements China Stakeholders Business Law, Public Responsibility, and Ethics Energy Policy Strategic Management Policy HAYES-LABRUTO, Leslie Simon J.D. SCHILLEBEECKX, WORKMAN, Mark SHAH, Nilay Contrasting perspectives on China's rare earths policies: Reframing the debate through a stakeholder lens |
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This article critically compares China's rare earth policy with perspectives upheld in the rest of the world (ROW). We introduce rare earth elements and their importance for energy and present how China and the ROW are framing the policy debate. We find strongly dissonant views with regards to motives for foreign direct investment, China's two-tiered pricing structure and its questionable innovation potential. Using the metaphor of "China Inc.", we compare the Chinese government to a socially responsible corporation that aims to balance the needs of its internal stakeholders with the demands from a resource-dependent world. We find that China's internal stakeholders have more power and legitimacy in the REE debate than the ROW and reconceptualise various possible mitigation strategies that could change current international policy and market dynamics. As such, we aim to reframe the perspectives that seem to govern the West and argue in favor of policy formation that explicitly acknowledges China's triple bottom line ambitions and encourages the ROW to engage with China in a more nuanced manner. |
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text |
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HAYES-LABRUTO, Leslie Simon J.D. SCHILLEBEECKX, WORKMAN, Mark SHAH, Nilay |
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HAYES-LABRUTO, Leslie Simon J.D. SCHILLEBEECKX, WORKMAN, Mark SHAH, Nilay |
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HAYES-LABRUTO, Leslie |
title |
Contrasting perspectives on China's rare earths policies: Reframing the debate through a stakeholder lens |
title_short |
Contrasting perspectives on China's rare earths policies: Reframing the debate through a stakeholder lens |
title_full |
Contrasting perspectives on China's rare earths policies: Reframing the debate through a stakeholder lens |
title_fullStr |
Contrasting perspectives on China's rare earths policies: Reframing the debate through a stakeholder lens |
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Contrasting perspectives on China's rare earths policies: Reframing the debate through a stakeholder lens |
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contrasting perspectives on china's rare earths policies: reframing the debate through a stakeholder lens |
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Institutional Knowledge at Singapore Management University |
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2013 |
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https://ink.library.smu.edu.sg/lkcsb_research/4947 https://ink.library.smu.edu.sg/context/lkcsb_research/article/5946/viewcontent/ContrastingPerspectivesChinaRareEarthsPolicies_2013__1_.pdf |
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