Palgrave studies of internationalization in emerging markets
Includes bibliographical references and index.
1. Introduction / Ilan Alon, Wenxian Zhang, and Christoph Lattemann -- Part I. Contextual Overview of the Belt and Road Initiative : 2. China and the Twenty-First-Century Silk Roads: A New Era of Global Economic Leadership? / Francis Schortgen -- 3. The Global Strategic Environment of the BRI: Deep Interdependence and Structural Power / Thomas D. Lairson -- 4. One Belt, One Road, One World: Where is US Business Connectivity? / Xiaohua Yang, Donald J. Lewis, Stephen Roddy, and Diana Moise -- Part II. Regional and Geopolitical Perspectives : 5. Free Trade Agreements as BRI's Stepping-Stone to Multilateralism: Is the Sino-Swiss FTA the Gold Standard / Tomas Casas i Klett and Omar Ramon Serrano Oswald -- 6. Belt, Road, and Circle: The Arctic and Northern Europe in China's Belt and Road Initiative / Camilla T.N. Sørensen -- 7. China's Strategy Toward Central and Eastern Europe Within the Framework of 16 + 1 Group: The Case of Poland / Jȩdrzej Górski -- 8. The Impact of the Belt and Road Initiative on Central Asia: Building New Relations in a Reshaped Geopolitical Scenario / Fabio Indeo -- 9. Live and Let Live: Africa's Response Options to China's BRI / Emmanuel Kodzi -- 10. Small State, Smart Influence: China's Belt and Road Extended to New Zealand / Jake Lin -- Part III. International Trade, Foreign Direct Investment, and BRI : 11. The Overall Development of the Belt and Road Countries: Measurement, Ranking, and Assessment : Biliang Hu, Qingzhong Pan, and Shuyu Wu -- 12. Effects of Trade Facilitation Measures on Trade Between China and Countries Along the Belt and Road Initiative / Juan Zhang and Zhouhong Wu -- 13. How the Belt and Road Initiative Affects China's Outward FDI: Comparing Chinese Independent Firms and Business Group Affiliates / Ping Lv, Chenxi Guo, and Xuchang Chen -- 14. Competitive Advantages of China's Agricultural Exports in the Outward-Looking Belt and Road Initiative / Vasilii Erokhin and Tianming Gao -- Part IV. Financial, Legal, and Cultural Perspectives on BRI : 15. The Role of China's Soveriegn Wealth Funds in President Xi Jinping's Ambitious Belt and Road Initiative / Stephen Thomas and Ji Chen -- 16. The Changing Rules of International Dispute Resolution in China's Belt and Road Initiatives / Jingzhou Tao and Marianna Zhong -- 17. Globalization 5.0 Led by China: Powered by Positive Frames for BRI / May Hongmei Gao -- 18. Final Reflections / Christoph Lattemann, Ilan Alon, and Wenxian Zhang -- Index.
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Since the introduction of the Belt & Road Initiative (BRI) or One Belt One Road (OBOR), proposed in late 2013, international scholars have begun to study this new policy and its implications in the global age. While BRI 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 BRI on specific countries, regions, economic policies, and geopolitical considerations. Including both theoretical research and empirical studies that explore opportunities and challenges related to BRI, this edited volume allows readers to gain a more comprehensive understanding of this ambitious undertaking and its long-term global impact--back cover.