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Coins have both sides : Revealing the structure and pattern of global interdependence network for five critical metals

Xia, Qifan LU ; Du, Debin ; Yu, Zihao ; Li, Xiya and Zhang, Qiang (2024) In Resources Policy 88.
Abstract

Evaluating the trade interdependence among countries is the key to understanding critical metal minerals security. By constructing a novel interdependence network, this paper reveals a more comprehensive world hierarchy and risk system of critical metals, and focuses on the interdependencies between China and the US-led MSP countries before and after the Sino-US trade disputes. The results indicate that the global interdependence network of critical metals has declined, with antimony interdependence being the loosest. China and the U.S. are gradually separating into different communities and driving the camp-based world pattern. In addition, the world is increasingly less dependent on China, but China is increasingly dependent on the... (More)

Evaluating the trade interdependence among countries is the key to understanding critical metal minerals security. By constructing a novel interdependence network, this paper reveals a more comprehensive world hierarchy and risk system of critical metals, and focuses on the interdependencies between China and the US-led MSP countries before and after the Sino-US trade disputes. The results indicate that the global interdependence network of critical metals has declined, with antimony interdependence being the loosest. China and the U.S. are gradually separating into different communities and driving the camp-based world pattern. In addition, the world is increasingly less dependent on China, but China is increasingly dependent on the world. China only remains the world's most indispensable in both lithium and tungsten alone, but it is the most world-dependent country in all four critical metal interdependence networks except tungsten. Meanwhile, China and Western countries such as the U.S. are at high risk of dependence on critical metal chains, while most of the others are gradually getting better. Interestingly, MSP countries and China maintain strong interdependencies. MSP countries' dependencies on China have significantly decreased, While China's dependence on MSP has gradually deepened.

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author
; ; ; and
organization
publishing date
type
Contribution to journal
publication status
published
subject
keywords
Complex network, Critical metals, Geopolitics, Interdependence, MSP
in
Resources Policy
volume
88
article number
104453
publisher
Elsevier
external identifiers
  • scopus:85178149267
ISSN
0301-4207
DOI
10.1016/j.resourpol.2023.104453
language
English
LU publication?
yes
additional info
Funding Information: This paper was funded by Fundamental Research Funds for the Central Universities ( YBNLTS2023-001 ). Publisher Copyright: © 2023 Elsevier Ltd
id
8fac2d7e-1267-4ec7-a37c-2c065bd29d13
date added to LUP
2023-12-21 12:10:44
date last changed
2023-12-21 12:11:32
@article{8fac2d7e-1267-4ec7-a37c-2c065bd29d13,
  abstract     = {{<p>Evaluating the trade interdependence among countries is the key to understanding critical metal minerals security. By constructing a novel interdependence network, this paper reveals a more comprehensive world hierarchy and risk system of critical metals, and focuses on the interdependencies between China and the US-led MSP countries before and after the Sino-US trade disputes. The results indicate that the global interdependence network of critical metals has declined, with antimony interdependence being the loosest. China and the U.S. are gradually separating into different communities and driving the camp-based world pattern. In addition, the world is increasingly less dependent on China, but China is increasingly dependent on the world. China only remains the world's most indispensable in both lithium and tungsten alone, but it is the most world-dependent country in all four critical metal interdependence networks except tungsten. Meanwhile, China and Western countries such as the U.S. are at high risk of dependence on critical metal chains, while most of the others are gradually getting better. Interestingly, MSP countries and China maintain strong interdependencies. MSP countries' dependencies on China have significantly decreased, While China's dependence on MSP has gradually deepened.</p>}},
  author       = {{Xia, Qifan and Du, Debin and Yu, Zihao and Li, Xiya and Zhang, Qiang}},
  issn         = {{0301-4207}},
  keywords     = {{Complex network; Critical metals; Geopolitics; Interdependence; MSP}},
  language     = {{eng}},
  publisher    = {{Elsevier}},
  series       = {{Resources Policy}},
  title        = {{Coins have both sides : Revealing the structure and pattern of global interdependence network for five critical metals}},
  url          = {{http://dx.doi.org/10.1016/j.resourpol.2023.104453}},
  doi          = {{10.1016/j.resourpol.2023.104453}},
  volume       = {{88}},
  year         = {{2024}},
}