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Inclusive globalization: unpacking China's Belt and Road Initiative

Inclusive globalization: unpacking China's Belt and Road Initiative China’s Belt and Road Initiative (BRI) is a call for an open and inclusive (mutually beneficial) model of cooperative economic, political and cultural exchange (globalization) that draws on the deep-seated meanings of the ancient Silk Roads. While it reflects China’s rise as a global power, and its industrial redeployment, increased outward investment and need to diversify energy sources and routes, the BRI involves the establishment of a framework for open cooperation and new multilateral financial instruments designed to lay the infrastructural and industrial foundations to secure and solidify China’s relations with countries along the Silk Roads and to extend the march of modernization and poverty reduction to emerging countries. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Area Development and Policy Taylor & Francis

Inclusive globalization: unpacking China's Belt and Road Initiative

Liu, Weidong; Dunford, Michael
Area Development and Policy , Volume 1 (3): 18 – Nov 3, 2016
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Inclusive globalization: unpacking China's Belt and Road Initiative

Abstract

China’s Belt and Road Initiative (BRI) is a call for an open and inclusive (mutually beneficial) model of cooperative economic, political and cultural exchange (globalization) that draws on the deep-seated meanings of the ancient Silk Roads. While it reflects China’s rise as a global power, and its industrial redeployment, increased outward investment and need to diversify energy sources and routes, the BRI involves the establishment of a framework for open cooperation and new...
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Publisher
Taylor & Francis
Copyright
© 2016 Regional Studies Association
ISSN
2379-2957
eISSN
2379-2949
DOI
10.1080/23792949.2016.1232598
Publisher site
See Article on Publisher Site

Abstract

China’s Belt and Road Initiative (BRI) is a call for an open and inclusive (mutually beneficial) model of cooperative economic, political and cultural exchange (globalization) that draws on the deep-seated meanings of the ancient Silk Roads. While it reflects China’s rise as a global power, and its industrial redeployment, increased outward investment and need to diversify energy sources and routes, the BRI involves the establishment of a framework for open cooperation and new multilateral financial instruments designed to lay the infrastructural and industrial foundations to secure and solidify China’s relations with countries along the Silk Roads and to extend the march of modernization and poverty reduction to emerging countries.

Journal

Area Development and Policy – Taylor & Francis

Published: Nov 3, 2016

Keywords: Silk Road; inclusive globalization; developmental state; foreign direct investment (FDI); China; Eurasia; F02; F5; F21; H1 L9; O1; 丝绸之路; 包容性全球化; 发展型国家; 外商直接投资; 中国; 欧亚大陆; Ruta de la Seda; globalizació; n integradora; estado de desarrollo; inversió; n extranjera directa (IED); China; Eurasia; Шелковый путь; всеохватывающая глобализация; государство развития; прямые зарубежные инвестиции (ПЗИ); Китай; Евразия

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