Univ of Nottingham 
The recent global financial crisis almost certainly marks a turning-point in the evolution of the global economic order: it is a result of the failure of a financialized model of development in the western world and has seen Asian economies that suffered from the resultant downturn in world trade achieve much greater degrees of success in restoring economic growth (Dunford and Yeung, 2010). Should these trends in comparative development endure increasing convergence of western developed and Asian economies is highly probable.
The aim of this project (funded mainly by the UK ESRC) is to examine some of the regional dimensions of these differences in the trajectories of western and Asian economies through a study of the European and Chinese cases.