China's Belt and Road Initiative: Changing the Rules of Globalization

China's Belt and Road Initiative: Changing the Rules of Globalization

Edited by Wenxian Zhang · Ilan Alon · Christoph Lattemann
Palgrave Macmillan_ June 2018

Specifications

ISBN-13
9783319754345
Publisher
Palgrave Macmillan_
Publication
June 2018
Format
Hardback , 358 pages
Jurisdiction
China, International ? Countri(es) for reference only

Details

  • Examines the nature and motivations behind China’s expanding economic, aid and diplomatic activities in the South Pacific
  • Analyses how the Silk Road initiative could influence foreign policy orientations of Central Asian countries
  • Explores the global economic and geo-political implications of the BRI and explores the opportunities and challenges of BRI in the areas that will be mostly affected

 

Since the introduction of the One Belt, One Road initiative (OBOR), first proposed in late 2013, international scholars have begun to study this new policy and its implications in the global age. While OBOR provides new opportunities for China in terms of regional cooperation and global development, many also raise concerns about China’s intentions of using economic means to achieve strategic and foreign policy objectives. Hailing from the West and the East, the authors reflect on the wide-ranging impacts of OBOR on specific countries, regions, economic policies, and geopolitical considerations. Including both theoretical research and empirical studies that explore opportunities and challenges related to OBOR, this edited volume will allow readers to gain a more comprehensive understanding of this ambitious undertaking and its long-term impact on the rest of the world.

Table of Contents

Introduction

Alon, Ilan (et al.)

Pages 1-13
China and the Twenty-First-Century Silk Roads: A New Era of Global Economic Leadership?

Schortgen, Francis

Pages 17-33
The Global Strategic Environment of the BRI: Deep Interdependence and Structural Power

Lairson, Thomas D.

Pages 35-53
One Belt, One Road, One World: Where is US Business Connectivity?

Yang, Xiaohua (et al.)

Pages 55-72
Free Trade Agreements as BRI’s Stepping-Stone to Multilateralism: Is the Sino–Swiss FTA the Gold Standard?

Casas i Klett, Tomas (et al.)

Pages 75-93
Belt, Road, and Circle: The Arctic and Northern Europe in China’s Belt and Road Initiative

Sørensen, Camilla T. N.

Pages 95-113
China’s Strategy Toward Central and Eastern Europe Within the Framework of 16 + 1 Group: The Case of Poland

Górski, Jędrzej

Pages 115-134
The Impact of the Belt and Road Initiative on Central Asia: Building New Relations in a Reshaped Geopolitical Scenario

Indeo, Fabio

Pages 135-153
Live and Let Live: Africa’s Response Options to China’s BRI

Kodzi, Emmanuel

Pages 155-178
Small State, Smart Influence: China’s Belt and Road Extended to New Zealand

Lin, Jake

Pages 179-197
The Overall Development of the Belt and Road Countries: Measurement, Ranking, and Assessment

Hu, Biliang (et al.)

Pages 201-225
Effects of Trade Facilitation Measures on Trade Between China and Countries Along the Belt and Road Initiative

Zhang, Juan (et al.)

Pages 227-241
How the Belt and Road Initiative Affects China’s Outward FDI: Comparing Chinese Independent Firms and Business Group Affiliates

Lv, Ping (et al.)

Pages 243-263
Competitive Advantages of China’s Agricultural Exports in the Outward-Looking Belt and Road Initiative

Erokhin, Vasilii (et al.)

Pages 265-285
The Role of China’s Sovereign Wealth Funds in President Xi Jinping’s Ambitious Belt and Road Initiative

Thomas, Stephen (et al.)

Pages 289-303
The Changing Rules of International Dispute Resolution in China’s Belt and Road Initiative

Tao, Jingzhou (et al.)

Pages 305-320
Globalization 5.0 Led by China: Powered by Positive Frames for BRI

Gao, May Hongmei

Pages 321-335
Final Reflections

Lattemann, Christoph (et al.)

About the Author

Wenxian Zhang is a member of Rollins College faculty, and a recipient of the Cornell Distinguished Faculty Service Award, as well as an Arthur Vining Davis Fellow. His recent books include China Visualized by Americans and The Entrepreneurial and Business Elites of China.

Ilan Alon is Professor of Strategy and International Marketing at the University of Agder, Norway, and the Editor-in-Chief of the International Journal of Emerging Markets and European Journal of International Management. Previously, he was visiting scholar at Georgetown University, Harvard University and both the University of International Business and Economics and JiaoTong University in China.  Ilan is the President of the Chinese Globalization Association and has published over 100 peer-reviewed articles and 30 books including China Rules: Globalization and Political Transformation. 

Christoph Lattemann is Professor of Business Administration and Information Management at Jacobs University Bremen, Germany. He is the Director of the Jacobs Center for the Research on China and Globalization, Vice-Director of the Confucius Institute Bremen, and Vice President of the Chinese Globalization Association. Previously a visiting scholar at Harvard University and Stanford University, Christoph has published over 150 scientific publications and ten books. He is currently senior editor for the International Journal of Emerging Markets.

Reviews

“The One Belt One Road initiative (OBOR) is a state-led undertaking involving multiple countries and many organizations of various types with an unprecedented scale and different objectives covering political, economic, and social aspects. So far the business academic community has not paid sufficient attention to such a project that may exert great impacts on international business. Thus the effort by the editors and authors of this volume to examine OBOR with breadth and depth is much welcomed.” (Shaomin Li, Eminent Scholar and Professor of International Business, Old Dominion University, USA)

“This book provides comprehensive insights into the potential impacts of OBOR on the world economy from multiple cultural perspectives.” (Shuming Bao, Director of the China Data Center & Spatial Data Center, University of Michigan, USA)

“This is a well-crafted and timely book which provides essential multidisciplinary perspectives on the new Chinese paradigm in investing globally. The text offers unique multi-level, state-of-the-art analyses on the complex range of issues and consequences engendered by the deployment of the most extensive long-term global initiative,  impacting over sixty per cent of the world population. Organized through four lenses, the carefully selected materials constitute an essential research tool as well as a reference for policy-makers and students of China and the world economy.  It is one of the premier books currently on the market on this critical topic  by virtue of  its coverage depth,  notable quality of scholarship , well executed multidisciplinarity,  and insightful forecast.” (John R. Mcintyre,  Professor of Management and International Affairs,  Executive Director, GT CIBER National Center, Georgia Institute of Technology)

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