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Mike Larsen

Biographic Data

ID142147
NAMEMike Larsen
GIVEN NAMESMike
FAMILY NAMELarsen
SIGNATURELARSEN M
AFFILIATIONSBrown University
ORCID0000-0002-0442-7066
VERIFIEDYes
TOTAL WORKS24
TOTAL CITATIONS101
AUTHOR COUNT24
EDITOR COUNT0
FIRST PUBLICATION YEAR2009
LATEST PUBLICATION YEAR2026
H-INDEX6
  • The states–markets–decarbonization nexus: Reviewing an emerging political economy agenda

    Open Access•Daniel Driscoll, Mike Larsen et al.•ARTICLE•Socio-Economic Review•2026

    The problem of climate change further confounds the already complex relationship between states and markets in modern capitalism. In this state of the art article, we argue that current political economy scholarship is making sense of this occasion by incorporating decarbonization into the “return of the state” and “financialization” literatures and thus creating a “states–markets–decarbonization nexus.” We categorize this nexus into three core t…

  • The political economy of China’s green transition

    Open Access•James Jackson, Mike Larsen et al.•ARTICLE•Review of International Political…•2026

    As China increasingly leads the world in green industries, the country is a critical case for the debate on climate change in political economy. While climate change is now less of a blind spot than previously, the debate is obstructed by an inadequate grasp of the complexities of China, stemming from the disciplinary isolation of ‘China studies’ and the political isolation of the country itself. In this commentary, we address this problem by pre…

  • Internationalizing Industrial Policy: How China and the United States Use State Capacity to Secure Critical Minerals for Electric Vehicles

    Open Access•Daniel Driscoll, Max Kiefel et al.•ARTICLE•Politics & Society•2026•Cited by: 1

    Industrial policies are resurging across the world in response to climate change and geopolitical challenges. Current scholarship predominantly argues that state capacity for industrial policy depends on nationally oriented features, such as bureaucratic efficiency, financial resources, and expertise. However, the increasing uncertainties in globalized industrial supply chains mean that today, industrial policies must often expand into other coun…

  • Reimagining growth futures: Overcoming the false binary between green growth and degrowth

    Open Access•Jacob Hasselbalch, Mike Larsen et al.•ARTICLE•Ecological Economics•2025•Cited by: 1•References: 6

  • Green industrial policy under financial constraints: Insights from India’s state-led decarbonization

    Open Access•Mike Larsen•ARTICLE•World Development•2025•References: 10

  • The archetype of a ‘big green state’? What China tells us about green macrofinancial regimes

    Mike Larsen•ARTICLE•Review of International Political…•2025•References: 13

  • Green financial planning: A state-capital relationship meta-governed through the Paris agreement

    Open Access•James Jackson, Mike Larsen•ARTICLE•New Political Economy•2025•References: 8

  • Financialization and an emerging “green investor state: Examining China's use of state‐backed funds for green transition

    Open Access•Kasper Ingeman Beck, Mike Larsen•ARTICLE•Regulation & Governance•2025•Cited by: 7•References: 59

    China is simultaneously enacting a state‐led financialization of governance and a prioritization of environmental objectives. Resultingly, dedicated state‐backed green funds have grown in scale beyond US$70 billion. Drawing on interviews, policies, and financial databases, we examine these funds through policy document analysis, descriptive statistics, and three case studies. Tying together the literature on “financialization” and the “green stat…

  • The pullback of Chinese overseas financing and its implications for a post-neoliberal global financial order

    Open Access•Mike Larsen, Mathias Larsen•ARTICLE•Socio-Economic Review•2025•References: 39

    Over the past 15 years, Chinese overseas financing has reached a staggering $2 trillion. Differing from neoliberal principles, Chinese finance is characterized by longer time horizons, less conditionality, and more state capital. Consequently, a consensus has emerged that China is gradually reshaping the global financial architecture toward a post-neoliberal order. Through a mixed-methods analysis, I draw from three statistical databases and 132 …

  • Reconsidering the 'China model' through structure and agency: The hybrid realities of Chinese capitalism and 'socialism with Chinese characteristics

    Open Access•Alexander L Q Chen-Florea, Mike Larsen•ARTICLE•Capital & Class•2025•References: 82

    This article reframes the conventional discourse on China's political and economic identity by examining contrasting perspectives on its status as either a capitalist or socialist. Through a critical juxtaposition between capitalist conceptualizations of the Chinese political economy and the parallel perspective of socialism with Chinese characteristics, we explore the meaningful sense in which China can be said to exhibit traits of both capitali…

  • Catching up with climate priorities: Understanding multilateral development banks' evolving approach to biodiversity

    Open Access•Christoph Nedopil, Mike Larsen et al.•ARTICLE•Global Policy•2024

    A global consensus now recognises biodiversity as equal to climate change in its importance to sustainable development. While multilateral development banks (MDBs) have developed a strong emphasis on climate change, how do they approach biodiversity as a new priority? Current literature on MDBs' approach to climate change is prolific, but scholarship on biodiversity is scarce. Here, we compare MDBs' climate and biodiversity efforts in order to id…

  • The future of fossil fuels, chemicals, and feedstocks: Outlining a research agenda on the role of China in the global petrochemical industry

    Open Access•Mike Larsen, Joachim Peter Tilsted•ARTICLE•Energy Research & Social Science•2024•Cited by: 1•References: 10

    Petrochemical production is tightly entangled with fossil fuel extraction and constitutes the primary driver of oil demand growth. Therefore, scholars have increasingly started exploring the linkages between fossil fuels and chemicals, tracing their importance for the political economy of energy transitions. A defining feature in the global petrochemical industry is that the majority of the recent and ongoing build-out of production capacity is l…

  • How to integrate the Global South into the ‘green state’ concept

    Mike Larsen, Mathias Larsen•ARTICLE•Third World Quarterly•2024•Cited by: 1•References: 46

    Globally, the state apparatus is increasingly used towards green ambitions. While the ‘green state’ concept captures this universal phenomenon, the literature on it is largely limited to Western countries. Here, I assess the green state concept’s ability to reflect the global plurality of potential green states. I do so by testing the two assumed preconditions that currently delimit the green state’s scope to the West: mature democratic instituti…

  • How to resist the Wall Street Consensus: The maneuverability of a Vietnamese green state within international financial subordination

    Mike Larsen•ARTICLE•Review of International Political…•2024•Cited by: 6•References: 9

  • Any alternative to the Wall Street Consensus? Comparing the infrastructure financing models of the US, the EU, and China

    Open Access•Mike Larsen•ARTICLE•New Political Economy•2024•Cited by: 11•References: 2

    Global South countries (excluding China) need USD 40 trillion in infrastructure finance by 2035. Most of this must be sourced externally. The US's Partnership on Global Infrastructure and Investment, the EU's Global Gateway, and China's Belt and Road Initiative all aim to provide parts of this capital. Conceptualising the state-capital relation of the US's approach, the 'Wall Street Consensus' appoints host countries to catalyse private capital b…

  • Chinese overseas development funds: An assessment of their sustainability approaches

    Open Access•Mike Larsen, Tancrède Voituriez et al.•ARTICLE•Journal of International…•2023

    A growing number of emerging economies receive significant parts of their overseas finance and investment from Chinese state‐owned or state‐linked institutions. While academic research has focused on how Chinese policy and state‐owned banks approach sustainable development issues, Chinese sovereign‐backed overseas development funds are a critical yet overlooked component. This paper addresses this knowledge gap by providing the first comprehensiv…

  • Adding ‘origination’ to diffusion theory: Contrasting the roles of China and the EU in green finance

    Mike Larsen•ARTICLE•Review of International Political…•2023•Cited by: 6•References: 13

    The diffusion of liberal economic ideas has been challenged by three global shifts: a bipolar tilt, nationalism, and climate change. One consequence is that policy norms are originating from new places and carry new content. To date, diffusion theory in International Political Economy (IPE) explains how liberal policy norms spread through ‘adaptation’ to local circumstances, but less why they diffuse from particular origins. The three global shif…

  • Driving Global Convergence in Green Financial Policies: China as Policy Pioneer and the EU as Standard Setter

    Open Access•Mike Larsen•ARTICLE•Global Policy•2022

    Although policies for green financial systems are proliferating across the globe, the dynamics shaping such policies remain inadequately understood. With China and the EU at the global forefront of green financial policies, this paper demonstrates how they each influence global policy norms through their distinct policy models. This contributes to the literature, first, by improving our understanding of the global green financial policy processes…

  • Prospects of the Multilateral Cooperation Center for Development Finance (MCDF) to catalyse infrastructure financing

    Open Access•Christoph Nedopil, Mike Larsen et al.•ARTICLE•Asia & the Pacific Policy Studies•2022•Cited by: 1•References: 1

    Initiated in 2017 and formally established in 2020, the Multilateral Cooperation Center for Development Finance (MCDF) is the latest addition to the development finance landscape in Asia. This article provides an in‐depth analysis of MCDFʼs potential to offer additionality in development finance and its political legitimacy by comparing it to 18 development finance and capacity‐building organisations. The article finds that while the MCDF contrib…

  • Which firms leave multi‐stakeholder initiatives? An analysis of delistings from the United Nations Global Compact

    Open Access•Andreas Rasche, Wencke Gwozdz et al.•ARTICLE•Regulation & Governance•2022•Cited by: 5•References: 64

    This study analyzes which firms leave multi‐stakeholder initiatives (MSIs) for corporate social responsibility. Based on an analysis of all active and delisted business participants from the United Nations Global Compact between 2000 and 2015 (n = 15,853), we find that small and medium‐sized enterprises are more likely to leave than larger and publicly traded firms; that early adopters are less likely to leave than late adopters; and that the pre…

  • Indefinitely Pending: Security Certificates and Permanent Temporariness

    Mike Larsen•CHAPTER•Liberating Temporariness?•2014

  • Access to Information and Freedom of Information Requests: Neglected Means of Data Production in the Social Sciences

    Open Access•Kevin Walby, Mike Larsen et al.•ARTICLE•Qualitative Inquiry•2012•Cited by: 34•References: 33

    Access to information (ATI) and freedom of information (FOI) mechanisms are now relevant features of governments in many liberal democracies today. Citizens, organizations, and permanent residents in several countries across the globe can request unpublished information from federal, provincial, state, county, and municipal government agencies. However, most qualitative researchers appear to be unfamiliar with ATI/FOI or write it off as an approa…

  • Getting at the Live Archive: On Access to Information Research in Canada

    Open Access•Kevin Walby, Mike Larsen et al.•ARTICLE•Canadian Journal of Law and…•2011•Cited by: 15•References: 6

    Most of the draft documents, memoranda, communications, and other textual materials amassed by government agencies do not become public record unless efforts are taken to obtain their release. One mechanism for doing so is “access to information” (ATI) or “freedom of information” (FOI) law. Individuals and organizations in Canada have a quasi-constitutional right to request information from federal, provincial, and municipal levels of government.…

  • Exceptional State, Pragmatic Bureaucracy, and Indefinite Detention: The Case of the Kingston Immigration Holding Centre

    Open Access•Mike Larsen, Michael Larsen et al.•ARTICLE•Canadian Journal of Law and…•2009•Cited by: 12•References: 6

    Situé sur le site de l'Établissement de Millhaven à Bath en Ontario, le Centre de surveillance de l'immigration de Kingston (CSIK) est une prison spécialement construite pour détenir des individus sujets à des certificats de sécurité. Le CSIK fut créé en 2006 en réponse à la controverse concernant l'utilisation des établissements correctionnels de l'Ontario pour la détention à long-terme des individus en vertu d'un certificat de sécurité. Bien qu…

  • Access to Information and Freedom of Information Requests: Neglected Means of Data Production in the Social Sciences

    Open Access•Kevin Walby, Mike Larsen et al.•ARTICLE•Qualitative Inquiry•2012•Cited by: 34•References: 33

    Access to information (ATI) and freedom of information (FOI) mechanisms are now relevant features of governments in many liberal democracies today. Citizens, organizations, and permanent residents in several countries across the globe can request unpublished information from federal, provincial, state, county, and municipal government agencies. However, most qualitative researchers appear to be unfamiliar with ATI/FOI or write it off as an approa…

  • Getting at the Live Archive: On Access to Information Research in Canada

    Open Access•Kevin Walby, Mike Larsen et al.•ARTICLE•Canadian Journal of Law and…•2011•Cited by: 15•References: 6

    Most of the draft documents, memoranda, communications, and other textual materials amassed by government agencies do not become public record unless efforts are taken to obtain their release. One mechanism for doing so is “access to information” (ATI) or “freedom of information” (FOI) law. Individuals and organizations in Canada have a quasi-constitutional right to request information from federal, provincial, and municipal levels of government.…

  • Exceptional State, Pragmatic Bureaucracy, and Indefinite Detention: The Case of the Kingston Immigration Holding Centre

    Open Access•Mike Larsen, Michael Larsen et al.•ARTICLE•Canadian Journal of Law and…•2009•Cited by: 12•References: 6

    Situé sur le site de l'Établissement de Millhaven à Bath en Ontario, le Centre de surveillance de l'immigration de Kingston (CSIK) est une prison spécialement construite pour détenir des individus sujets à des certificats de sécurité. Le CSIK fut créé en 2006 en réponse à la controverse concernant l'utilisation des établissements correctionnels de l'Ontario pour la détention à long-terme des individus en vertu d'un certificat de sécurité. Bien qu…

  • Any alternative to the Wall Street Consensus? Comparing the infrastructure financing models of the US, the EU, and China

    Open Access•Mike Larsen•ARTICLE•New Political Economy•2024•Cited by: 11•References: 2

    Global South countries (excluding China) need USD 40 trillion in infrastructure finance by 2035. Most of this must be sourced externally. The US's Partnership on Global Infrastructure and Investment, the EU's Global Gateway, and China's Belt and Road Initiative all aim to provide parts of this capital. Conceptualising the state-capital relation of the US's approach, the 'Wall Street Consensus' appoints host countries to catalyse private capital b…

  • Financialization and an emerging “green investor state: Examining China's use of state‐backed funds for green transition

    Open Access•Kasper Ingeman Beck, Mike Larsen•ARTICLE•Regulation & Governance•2025•Cited by: 7•References: 59

    China is simultaneously enacting a state‐led financialization of governance and a prioritization of environmental objectives. Resultingly, dedicated state‐backed green funds have grown in scale beyond US$70 billion. Drawing on interviews, policies, and financial databases, we examine these funds through policy document analysis, descriptive statistics, and three case studies. Tying together the literature on “financialization” and the “green stat…

  • How to resist the Wall Street Consensus: The maneuverability of a Vietnamese green state within international financial subordination

    Mike Larsen•ARTICLE•Review of International Political…•2024•Cited by: 6•References: 9

  • Adding ‘origination’ to diffusion theory: Contrasting the roles of China and the EU in green finance

    Mike Larsen•ARTICLE•Review of International Political…•2023•Cited by: 6•References: 13

    The diffusion of liberal economic ideas has been challenged by three global shifts: a bipolar tilt, nationalism, and climate change. One consequence is that policy norms are originating from new places and carry new content. To date, diffusion theory in International Political Economy (IPE) explains how liberal policy norms spread through ‘adaptation’ to local circumstances, but less why they diffuse from particular origins. The three global shif…

  • Which firms leave multi‐stakeholder initiatives? An analysis of delistings from the United Nations Global Compact

    Open Access•Andreas Rasche, Wencke Gwozdz et al.•ARTICLE•Regulation & Governance•2022•Cited by: 5•References: 64

    This study analyzes which firms leave multi‐stakeholder initiatives (MSIs) for corporate social responsibility. Based on an analysis of all active and delisted business participants from the United Nations Global Compact between 2000 and 2015 (n = 15,853), we find that small and medium‐sized enterprises are more likely to leave than larger and publicly traded firms; that early adopters are less likely to leave than late adopters; and that the pre…

  • Internationalizing Industrial Policy: How China and the United States Use State Capacity to Secure Critical Minerals for Electric Vehicles

    Open Access•Daniel Driscoll, Max Kiefel et al.•ARTICLE•Politics & Society•2026•Cited by: 1

    Industrial policies are resurging across the world in response to climate change and geopolitical challenges. Current scholarship predominantly argues that state capacity for industrial policy depends on nationally oriented features, such as bureaucratic efficiency, financial resources, and expertise. However, the increasing uncertainties in globalized industrial supply chains mean that today, industrial policies must often expand into other coun…

  • Reimagining growth futures: Overcoming the false binary between green growth and degrowth

    Open Access•Jacob Hasselbalch, Mike Larsen et al.•ARTICLE•Ecological Economics•2025•Cited by: 1•References: 6

  • The future of fossil fuels, chemicals, and feedstocks: Outlining a research agenda on the role of China in the global petrochemical industry

    Open Access•Mike Larsen, Joachim Peter Tilsted•ARTICLE•Energy Research & Social Science•2024•Cited by: 1•References: 10

    Petrochemical production is tightly entangled with fossil fuel extraction and constitutes the primary driver of oil demand growth. Therefore, scholars have increasingly started exploring the linkages between fossil fuels and chemicals, tracing their importance for the political economy of energy transitions. A defining feature in the global petrochemical industry is that the majority of the recent and ongoing build-out of production capacity is l…

  • How to integrate the Global South into the ‘green state’ concept

    Mike Larsen, Mathias Larsen•ARTICLE•Third World Quarterly•2024•Cited by: 1•References: 46

    Globally, the state apparatus is increasingly used towards green ambitions. While the ‘green state’ concept captures this universal phenomenon, the literature on it is largely limited to Western countries. Here, I assess the green state concept’s ability to reflect the global plurality of potential green states. I do so by testing the two assumed preconditions that currently delimit the green state’s scope to the West: mature democratic instituti…

  • Prospects of the Multilateral Cooperation Center for Development Finance (MCDF) to catalyse infrastructure financing

    Open Access•Christoph Nedopil, Mike Larsen et al.•ARTICLE•Asia & the Pacific Policy Studies•2022•Cited by: 1•References: 1

    Initiated in 2017 and formally established in 2020, the Multilateral Cooperation Center for Development Finance (MCDF) is the latest addition to the development finance landscape in Asia. This article provides an in‐depth analysis of MCDFʼs potential to offer additionality in development finance and its political legitimacy by comparing it to 18 development finance and capacity‐building organisations. The article finds that while the MCDF contrib…

  • Exceptional State, Pragmatic Bureaucracy, and Indefinite Detention: The Case of the Kingston Immigration Holding Centre

    Open Access•Mike Larsen, Michael Larsen et al.•ARTICLE•Canadian Journal of Law and…•2009•Cited by: 12•References: 6

    Situé sur le site de l'Établissement de Millhaven à Bath en Ontario, le Centre de surveillance de l'immigration de Kingston (CSIK) est une prison spécialement construite pour détenir des individus sujets à des certificats de sécurité. Le CSIK fut créé en 2006 en réponse à la controverse concernant l'utilisation des établissements correctionnels de l'Ontario pour la détention à long-terme des individus en vertu d'un certificat de sécurité. Bien qu…

  • Getting at the Live Archive: On Access to Information Research in Canada

    Open Access•Kevin Walby, Mike Larsen et al.•ARTICLE•Canadian Journal of Law and…•2011•Cited by: 15•References: 6

    Most of the draft documents, memoranda, communications, and other textual materials amassed by government agencies do not become public record unless efforts are taken to obtain their release. One mechanism for doing so is “access to information” (ATI) or “freedom of information” (FOI) law. Individuals and organizations in Canada have a quasi-constitutional right to request information from federal, provincial, and municipal levels of government.…

  • Access to Information and Freedom of Information Requests: Neglected Means of Data Production in the Social Sciences

    Open Access•Kevin Walby, Mike Larsen et al.•ARTICLE•Qualitative Inquiry•2012•Cited by: 34•References: 33

    Access to information (ATI) and freedom of information (FOI) mechanisms are now relevant features of governments in many liberal democracies today. Citizens, organizations, and permanent residents in several countries across the globe can request unpublished information from federal, provincial, state, county, and municipal government agencies. However, most qualitative researchers appear to be unfamiliar with ATI/FOI or write it off as an approa…

  • Indefinitely Pending: Security Certificates and Permanent Temporariness

    Mike Larsen•CHAPTER•Liberating Temporariness?•2014

  • Driving Global Convergence in Green Financial Policies: China as Policy Pioneer and the EU as Standard Setter

    Open Access•Mike Larsen•ARTICLE•Global Policy•2022

    Although policies for green financial systems are proliferating across the globe, the dynamics shaping such policies remain inadequately understood. With China and the EU at the global forefront of green financial policies, this paper demonstrates how they each influence global policy norms through their distinct policy models. This contributes to the literature, first, by improving our understanding of the global green financial policy processes…

  • Prospects of the Multilateral Cooperation Center for Development Finance (MCDF) to catalyse infrastructure financing

    Open Access•Christoph Nedopil, Mike Larsen et al.•ARTICLE•Asia & the Pacific Policy Studies•2022•Cited by: 1•References: 1

    Initiated in 2017 and formally established in 2020, the Multilateral Cooperation Center for Development Finance (MCDF) is the latest addition to the development finance landscape in Asia. This article provides an in‐depth analysis of MCDFʼs potential to offer additionality in development finance and its political legitimacy by comparing it to 18 development finance and capacity‐building organisations. The article finds that while the MCDF contrib…

  • Which firms leave multi‐stakeholder initiatives? An analysis of delistings from the United Nations Global Compact

    Open Access•Andreas Rasche, Wencke Gwozdz et al.•ARTICLE•Regulation & Governance•2022•Cited by: 5•References: 64

    This study analyzes which firms leave multi‐stakeholder initiatives (MSIs) for corporate social responsibility. Based on an analysis of all active and delisted business participants from the United Nations Global Compact between 2000 and 2015 (n = 15,853), we find that small and medium‐sized enterprises are more likely to leave than larger and publicly traded firms; that early adopters are less likely to leave than late adopters; and that the pre…

  • Chinese overseas development funds: An assessment of their sustainability approaches

    Open Access•Mike Larsen, Tancrède Voituriez et al.•ARTICLE•Journal of International…•2023

    A growing number of emerging economies receive significant parts of their overseas finance and investment from Chinese state‐owned or state‐linked institutions. While academic research has focused on how Chinese policy and state‐owned banks approach sustainable development issues, Chinese sovereign‐backed overseas development funds are a critical yet overlooked component. This paper addresses this knowledge gap by providing the first comprehensiv…

  • Adding ‘origination’ to diffusion theory: Contrasting the roles of China and the EU in green finance

    Mike Larsen•ARTICLE•Review of International Political…•2023•Cited by: 6•References: 13

    The diffusion of liberal economic ideas has been challenged by three global shifts: a bipolar tilt, nationalism, and climate change. One consequence is that policy norms are originating from new places and carry new content. To date, diffusion theory in International Political Economy (IPE) explains how liberal policy norms spread through ‘adaptation’ to local circumstances, but less why they diffuse from particular origins. The three global shif…

  • Catching up with climate priorities: Understanding multilateral development banks' evolving approach to biodiversity

    Open Access•Christoph Nedopil, Mike Larsen et al.•ARTICLE•Global Policy•2024

    A global consensus now recognises biodiversity as equal to climate change in its importance to sustainable development. While multilateral development banks (MDBs) have developed a strong emphasis on climate change, how do they approach biodiversity as a new priority? Current literature on MDBs' approach to climate change is prolific, but scholarship on biodiversity is scarce. Here, we compare MDBs' climate and biodiversity efforts in order to id…

  • The future of fossil fuels, chemicals, and feedstocks: Outlining a research agenda on the role of China in the global petrochemical industry

    Open Access•Mike Larsen, Joachim Peter Tilsted•ARTICLE•Energy Research & Social Science•2024•Cited by: 1•References: 10

    Petrochemical production is tightly entangled with fossil fuel extraction and constitutes the primary driver of oil demand growth. Therefore, scholars have increasingly started exploring the linkages between fossil fuels and chemicals, tracing their importance for the political economy of energy transitions. A defining feature in the global petrochemical industry is that the majority of the recent and ongoing build-out of production capacity is l…

  • How to integrate the Global South into the ‘green state’ concept

    Mike Larsen, Mathias Larsen•ARTICLE•Third World Quarterly•2024•Cited by: 1•References: 46

    Globally, the state apparatus is increasingly used towards green ambitions. While the ‘green state’ concept captures this universal phenomenon, the literature on it is largely limited to Western countries. Here, I assess the green state concept’s ability to reflect the global plurality of potential green states. I do so by testing the two assumed preconditions that currently delimit the green state’s scope to the West: mature democratic instituti…

  • How to resist the Wall Street Consensus: The maneuverability of a Vietnamese green state within international financial subordination

    Mike Larsen•ARTICLE•Review of International Political…•2024•Cited by: 6•References: 9

  • Any alternative to the Wall Street Consensus? Comparing the infrastructure financing models of the US, the EU, and China

    Open Access•Mike Larsen•ARTICLE•New Political Economy•2024•Cited by: 11•References: 2

    Global South countries (excluding China) need USD 40 trillion in infrastructure finance by 2035. Most of this must be sourced externally. The US's Partnership on Global Infrastructure and Investment, the EU's Global Gateway, and China's Belt and Road Initiative all aim to provide parts of this capital. Conceptualising the state-capital relation of the US's approach, the 'Wall Street Consensus' appoints host countries to catalyse private capital b…

  • Reimagining growth futures: Overcoming the false binary between green growth and degrowth

    Open Access•Jacob Hasselbalch, Mike Larsen et al.•ARTICLE•Ecological Economics•2025•Cited by: 1•References: 6

  • Green industrial policy under financial constraints: Insights from India’s state-led decarbonization

    Open Access•Mike Larsen•ARTICLE•World Development•2025•References: 10

  • The archetype of a ‘big green state’? What China tells us about green macrofinancial regimes

    Mike Larsen•ARTICLE•Review of International Political…•2025•References: 13

  • Green financial planning: A state-capital relationship meta-governed through the Paris agreement

    Open Access•James Jackson, Mike Larsen•ARTICLE•New Political Economy•2025•References: 8

  • Financialization and an emerging “green investor state: Examining China's use of state‐backed funds for green transition

    Open Access•Kasper Ingeman Beck, Mike Larsen•ARTICLE•Regulation & Governance•2025•Cited by: 7•References: 59

    China is simultaneously enacting a state‐led financialization of governance and a prioritization of environmental objectives. Resultingly, dedicated state‐backed green funds have grown in scale beyond US$70 billion. Drawing on interviews, policies, and financial databases, we examine these funds through policy document analysis, descriptive statistics, and three case studies. Tying together the literature on “financialization” and the “green stat…

  • The pullback of Chinese overseas financing and its implications for a post-neoliberal global financial order

    Open Access•Mike Larsen, Mathias Larsen•ARTICLE•Socio-Economic Review•2025•References: 39

    Over the past 15 years, Chinese overseas financing has reached a staggering $2 trillion. Differing from neoliberal principles, Chinese finance is characterized by longer time horizons, less conditionality, and more state capital. Consequently, a consensus has emerged that China is gradually reshaping the global financial architecture toward a post-neoliberal order. Through a mixed-methods analysis, I draw from three statistical databases and 132 …

  • Reconsidering the 'China model' through structure and agency: The hybrid realities of Chinese capitalism and 'socialism with Chinese characteristics

    Open Access•Alexander L Q Chen-Florea, Mike Larsen•ARTICLE•Capital & Class•2025•References: 82

    This article reframes the conventional discourse on China's political and economic identity by examining contrasting perspectives on its status as either a capitalist or socialist. Through a critical juxtaposition between capitalist conceptualizations of the Chinese political economy and the parallel perspective of socialism with Chinese characteristics, we explore the meaningful sense in which China can be said to exhibit traits of both capitali…

  • The states–markets–decarbonization nexus: Reviewing an emerging political economy agenda

    Open Access•Daniel Driscoll, Mike Larsen et al.•ARTICLE•Socio-Economic Review•2026

    The problem of climate change further confounds the already complex relationship between states and markets in modern capitalism. In this state of the art article, we argue that current political economy scholarship is making sense of this occasion by incorporating decarbonization into the “return of the state” and “financialization” literatures and thus creating a “states–markets–decarbonization nexus.” We categorize this nexus into three core t…

  • The political economy of China’s green transition

    Open Access•James Jackson, Mike Larsen et al.•ARTICLE•Review of International Political…•2026

    As China increasingly leads the world in green industries, the country is a critical case for the debate on climate change in political economy. While climate change is now less of a blind spot than previously, the debate is obstructed by an inadequate grasp of the complexities of China, stemming from the disciplinary isolation of ‘China studies’ and the political isolation of the country itself. In this commentary, we address this problem by pre…

  • Internationalizing Industrial Policy: How China and the United States Use State Capacity to Secure Critical Minerals for Electric Vehicles

    Open Access•Daniel Driscoll, Max Kiefel et al.•ARTICLE•Politics & Society•2026•Cited by: 1

    Industrial policies are resurging across the world in response to climate change and geopolitical challenges. Current scholarship predominantly argues that state capacity for industrial policy depends on nationally oriented features, such as bureaucratic efficiency, financial resources, and expertise. However, the increasing uncertainties in globalized industrial supply chains mean that today, industrial policies must often expand into other coun…

Economics (14 works) · Political science (14 works) · Business (12 works) · China (9 works) · State (computer science (8 works) · Law (6 works) · State Capitalism and Financial Governance (6 works) · Finance (5 works) · Housing, Finance, and Neoliberalism (5 works) · International Development and Aid (5 works)

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