Markets or Mercantilism? How China Secures Its Energy ...
2018-5-1u2002·u2002These critics, however, misunderstand the logic of energy mercantilism, which is rooted in the economics and business literatures on supply chain management. Firms and states are correct to worry about access to critical supplies under four conditions: imperfect contracting, supplier collusion, geographic concentration, and high risk of conflict.
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