China's Global Monopoly on Rare-Earth Elements
Parameters
; 52(1):57-72, 2022.
Article
in English
| ProQuest Central | ID: covidwho-1755686
ABSTRACT
This article delivers a novel economic analysis of US dependence on China for rare-earth elements and sheds lights on how Western nations may exploit "limit pricing" to break China's global monopoly in rare-earth element production and refinement. This analytical framework, supported by a comprehensive literature review, the application of microeconomic and industrial organization concepts, and two case-study scenarios, provides several policy recommendations to address an important foreign policy challenge for the United States.
Political Science; Strategic materials; Minerals; Geopolitics; Literature reviews; National security; Cooperation; Politics; Industrial organization; Mineral reserves; Trade disputes; Supply chains; Economic reform; Industrial enterprises; Mining; Executive orders; Medical supplies; Foreign policy; Monopolies; COVID-19; Beijing China; United States--US; China; Japan
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Collection:
Databases of international organizations
Database:
ProQuest Central
Language:
English
Journal:
Parameters
Year:
2022
Document Type:
Article
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