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"ABSTRAKGlobal City merupakan salah satu bukti bahwa terdapat perkembangan isu kemunculan aktor internasional non-negara dalam kajian studi Hubungan Internasional. Tulisan ini bertujuan untuk menganalisis berbagai faktor yang mendorong Kota Hangzhou mampu mencapai predikat Global City. Dipilihnya Kota Hangzhou sebagai salah satu contoh kota yang mampu menggambarkan fenomena Global City saat ini karena penulis memiliki tujuan untuk melihat perkembangan Global City di negara berkembang dan kota lapis kedua. Dalam melakukan analisis, penulis menggunakan kerangka kerja analisis entrepreneurial city dan dibantu dengan pemahaman konsep diplomasi kota. Berdasarkan analisis yang dilakukan menggunakan kerangka kerja analisis tersebut, penulis menemukan bahwa faktor internal dan eksternal yang berperan dalam meningkatkan daya saing Kota Hangzhou saling bersinergi dan memengaruhi satu sama lain. Hal penting yang dapat dipelajari dari berkembangnya Global City di Cina khususnya di Kota Hangzhou adalah faktor historis Cina pada masa proses keterbukaan menjadi dasar kuat kota-kota mereka untuk beradaptasi terhadap perkembangan. Secara umum tulisan ini menyimpulkan bahwa tidak ada karakteristik tunggal yang mampu menggambarkan Global City yang berkembang di seluruh kota-kota di dunia. Tren yang terjadi dalam isu perkembangan Global City saat ini telah menggambarkan bahwa Global City tidak lagi menjadi status yang otomatis melekat pada kota-kota di negara besar seperti apa yang dipahami oleh kota-kota di negara Barat. Namun, saat ini kota-kota lapis kedua di negara berkembang pun mampu bergerak ke arah integrasi perekonomian global dan memiliki peran dalam dinamika ekonomi politik global.

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ABSTRACTGlobal City is one proof that the emergence of non-state international actors is one of the most discussed issue in the study of International Relations. Hangzhou City is one of the cities that characterized the development of the Global City issue nowadays. This paper aims to analyze various factors that have encouraged Hangzhou City to achieve the Global City status to explain the development of Global City issue in developing countries and second tier cities. In conducting the analysis in this paper, the author uses Entrepreneurial City as a framework thinking and assisted by understanding the concept of City Diplomacy. Based on the analysis carried out using the analytical framework, the authors found that internal and external factors in increasing the competitiveness of Hangzhou City work together and influence each other. The important thing that can be learned from the development of Global City issue in China, especially in Hangzhou City, is that China's historical factors in the process of openness have become a strong foundation for their cities to adapt to development. In general, this paper concludes that there is no single characteristic can describe Global City that develops in all cities in the world. Current trends in the issue of Global City have illustrated that Global City is no longer a status that automatically attached to cities in big countries as what is understood by cities in Western countries. However, nowadays the second tier cities in developing countries are able to move towards global economic integration and have a role in the dynamics of the global political economy."

"Volume 17 of International Finance Review focusses on a variety of issues relating to the political economy of Chinese finance, including: The pattern of government ownership and control of Chinese firms; The role of government in corporate governance of industrial and financial firms; The interaction of culture, law and institutions in Chinese governance systems; Corporate social responsibility, stakeholders and sustainable growth; The effect of political connections on corporate performance and society; Privatization, IPOs, exchange listing and firm valuation; The role of government in banking and financial markets; Practice of corporate risk management and insurance; Foreign-exchange policy and its effect on firms and markets; Foreign direct and portfolio investments in China; International investments and operations of Chinese firms; Chinese economic relations with the US and other countries."