China’s Belt and Road Initiative: A Step toward Shared Globalization

Imran Ali Sandano, Syed Faisal Hyder Shah, Irfan Ahmed Shaikh

Abstract


Globalization is facing a major test of sustainability with growing populism and trade protectionism. West, which always endorsed for globalization has left their hands back. ‘America First’ and ‘Brexit’ has changed and challenged the original concept of globalization.  China which always remained isolated from globalizations, has started to talk about globalization with its Chinese characteristics - called ‘Shared Globalization’. This study investigates that what kind of characteristics China has applied to get momentum for shared globalization. It is a descriptive study which has taken “One Belt, One Road” (BRI) as case study with the theoretical observation of shared development, shared future, and peaceful coexistence. The study has found that the new trends of shared globalization are emerging in Asia. It has created new opportunities for joint economic cooperation and deeper regional ntegration. The BRI policy framework is providing new drivers to the sustainable economic growth to the BRI counties and would work as a common cause for the world to restore the correct balance of globalization by making it more universally beneficial and inclusive. This study claims that shared globalization is pivotal to Eurasia with the shared attitude of new opportunities that could untangle the regions towards deeper socio-economic integration of shared development toward the community of common destiny.


Keywords


One Belt One Road; Shared Globalization; Shared Development; Share Future

Full Text:

PDF

References


Ahearn, RJ. (2006). Europe: Rising Economic Nationalism? Congressional Research Service. Paper presented at the Library of Congress: Washington, DC, USA.

Amin, A., & Thrift, N. (1995). Globalization, institutions, and regional development in Europe: Oxford university press.

Assadi, MZ. (2017, March 9). One Belt One Road is a new form of globalization: China, The Caspian Times. Retrieved from http://www.thecaspiantimes.com/one-belt-one-road-new-form-globalization-china/

Bao, X. De. (2016). One Belt, One Road: China's reconstruction for global communication and international discourse power. International Institute for Asian Studies(Summer ).

Brands, H. (2017). US grand strategy in an age of nationalism: fortress America and its alternatives. The Washington Quarterly, 40(1), 73-94.

Brandt, L., & Rawski, T. G. (2008). China's great economic transformation: Cambridge university press.

Cho, Y. N., & Jeong, J. H. (2008). China's soft power: Discussions, resources, and prospects. Asian survey, 48(3), 453-472.

Crouch, C. (2017). Neoliberalism, nationalism and the decline of political traditions. The Political Quarterly, 88(2), 221-229.

Du, J., & Zhang, Y. (2018). Does one belt one road initiative promote Chinese overseas direct investment?. China Economic Review, 47, 189-205.

Farazmand, A. (2007). Globalization: A theoretical analysis with implications for governance and public administration. PUBLIC ADMINISTRATION AND PUBLIC POLICY-NEW YORK-, 129, (3).

Ghemawat, P. (2017). Globalization in the age of Trump. Harvard Business Review, 95(4), 112-123.

Gill, B., & Huang, Y. (2006). Sources and limits of Chinese ‘soft power’. Survival, 48(2), 17-36.

Gilpin, R. (2018). The challenge of global capitalism: The world economy in the 21st century: Princeton University Press.

Hirst, P., Thompson, G., & Bromley, S. (2015). Globalization in question: John Wiley & Sons.

Hoogvelt, A. (2001). Globalization and the postcolonial world: The new political economy of development: JHU Press.

Huang, Y. (2016). Understanding China's Belt & Road initiative: motivation, framework and assessment. China Economic Review, 40, 314-321.

Ikenberry, G. J. (2018). The end of liberal international order?. International Affairs, 94(1), 7-23.

Inglehart, R., & Norris, P. (2017). Trump and the populist authoritarian parties: the silent revolution in reverse. Perspectives on Politics, 15(2), 443-454.

Inozemtsev, VL. (2004). Westernization as globalization and" globalization" as Americanization. Voprosy filosof(4), 58-69.

Jamieson, L., & Simpson, R. (2013). Living alone: Globalization, identity and belonging: Springer.

Johnson, H., & Wilson, G. (2006). North–South/South–North partnerships: closing the ‘mutuality gap’. Public Administration and Development: The International Journal of Management Research and Practice, 26(1), 71-80.

Kuhn, Robert Lawrence. (2016, November 12). Shared development as the last concept, China Daily.

Lam, David. (2017, February 3). China and Europe: Winners in Globalization’s New World Order. Atlantic Bridge.

Lehmacher, W. (2016). Why China could Lead the Next Phase of Globalization. Paper presented at the World Economic Forum.

Liu, Weidong, & Dunford, Michael. (2016). Inclusive globalization: unpacking China's Belt and Road Initiative. Area Development and Policy, 1(3), 323-340. doi: 10.1080/23792949.2016.1232598

Luft, G. (2016). It takes a road: China’s one belt one road initiative: An American response to the new silk road. Institute for the analysis of global security.

News, X. (2017, January 18). Work Together to Build a Community of Shared Future for Mankind,” Speech by H.E. Xi Jinping, President of the People’s Republic of China, At the United Nations Office at Geneva, Xinhua News. Retrieved from http://news.xinhuanet.com/english/2017-01/19/c_135994707.htm

R, H. (1999). The need for a balanced diet in the era of globalization. New Political Economy(4.1), 23-36.

Rolland, N. (2015). China’s new silk road. The national bureau of Asian research, 12.

Rolland, N. (2017). China's “Belt and Road Initiative”: Underwhelming or game-changer? The Washington Quarterly, 40(1), 127-142.

Rong, F. (2016). Zhongguo Ying Daitou Fandui Ni Quanqiuhua Chaoliu. Beijing Ribao.

Sandano, I. A. (2017, March 28). One Belt One Road: A Step Towards Globalization. Eurasia Review.

Shan, W. (2016). The Silk Road Spirit in a time of globalization Retrieved from https://blog.oup.com/2016/05/silk-road-spirit-globalization/

Shared future for all a win-win concept. (2017, March 25). China Daily. Retrieved from http://www.chinadaily.com.cn/opinion/2017-03/25/content_28675525.htm

Shenming, L. (2000). Globalization and the Third World. SOCIAL SCIENCES IN CHINA(3), 03.

Sheppard, E. (2016). Limits to globalization: The disruptive geographies of capitalist development: Oxford University Press.

Straumann, B. (2008). The Peace of Westphalia (1648) as a Secular Constitution. Constellations, 15(2).

Swaine, M., D. (2015). Chinese views and commentary on the ‘One Belt, One Road’initiative. China Leadership Monitor, 47(2), 3.

Xi, J. (2014). Seek Sustained Development and Fulfill the Asia-Pacific Dream. APEC China.

Xinhua. (2015, March 30). Vision and Actions on Jointly Building Silk Road Economic Belt and 21st-Century Maritime Silk Road, Xinhua. Retrieved from https://eng.yidaiyilu.gov.cn/qwyw/qwfb/1084.htm

Xinhua. (2017, April 12). China Focus: World's major economies present at B&R forum, Xinhua News. Retrieved from http://news.xinhuanet.com/english/2017-05/15/c_136283034.htm

Yi, H. (2015). China’s ‘One Belt/One Road’Policy Is Open to All Nations. Executive Intelligence Review.

Yiwei, W. (2015). One belt one road: Opportunities for Europe-China cooperation. Europe’s World, 13.

Zahid, G. (2015). Globalization, nationalization and rationalization. Procedia-Social and Behavioral Sciences, 174, 109-114.




DOI: https://doi.org/10.26618/ojip.v9i2.2140

Refbacks

  • There are currently no refbacks.


Copyright (c) 2019 Otoritas : Jurnal Ilmu Pemerintahan

Creative Commons License
This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.

___________________________________________________________________________________________________________________________________________________________________

Creative Commons License

Otoritas : Jurnal Ilmu Pemerintahan is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.
 
 
View My Stats