scholarly journals The Belt and Road Initiative for an intercontinental ecosystem: Strategic implications for multinational enterprises around the world

2020 ◽  
Vol 62 (3) ◽  
pp. 239-248
Author(s):  
Peter P. Li ◽  
Peter S. Hofman ◽  
Michele Geraci
2021 ◽  
Vol XXIV (Issue 1) ◽  
pp. 364-381
Author(s):  
Robert Ciborowski ◽  
Ewa Oziewicz ◽  
Sylwia Pangsy-Kania

2018 ◽  
Vol 04 (03) ◽  
pp. 327-343 ◽  
Author(s):  
Zhexin Zhang

Since its launch in late 2013, China’s Belt and Road Initiative (BRI) has achieved many tangible results that may have lasting effect on the social and economic development of host countries and on the geopolitical dynamics of the world. Its emergence in international political discourse is changing the basic thinking and logic of traditional geopolitical competition. While Western countries tend to interpret the BRI as part of China’s hidden geopolitical strategy to ultimately rule the world, Chinese and most developing nations see it as China’s international cooperation strategy to enhance global connectivity, communication and cooperation, so as to foster a more balanced and equitable world system. To maintain a favorable international environment for further progress of the BRI, China needs to better explain the details concerning the initiative as well as its role in the country’s grand strategy of peaceful development. Meanwhile, China must keep striving to match its words with its deeds in global arenas, so as to win more trust and support from the international community in jointly implementing the initiative.


Author(s):  
Paula Tomaszewska

Chinese Belt and Road initiative (BRI) is not only an economic or political project, but also has the potential to transform the international system. The initiative‘s impact is large – from stimulating the financing of infrastructure investments in various countries around the world to the development of new global supply chains. The scientific goal of the article is to analyze the consequences of implementing the initiative. The research problem is included in the following question: does the Belt and Road Initiative contribute to increasing Chinese influence in the world and carries the risk of driving poorer countries into the ―debt trap‖? The conclusion from the article is that China should create an improved version of the BRI initiative based on a better risk assessment of the current projects. Infrastructure investments, if not carefully implemented and controlled, may lead to consequences, such as increasing the debt of some countries in the long term.


2019 ◽  
Vol 18 (1) ◽  
pp. 7-35 ◽  
Author(s):  
Y.-Y. Chang

AbstractThis article re-examines China’s proposed Belt and Road Initiative (BRI) taking into account historical and philosophical narratives. It assumes that the BRI has crucial strategic implications; in particular, that it is not as altruistic as claimed but rather a self-interested proposal aiming to restore China’s grandeur and influence. The Chinese Dream (中國夢) and the concept of Tianxia (天下), ‘all under heaven’) are discussed to illustrate how the initiative is ‘marketed’. It ends with an interpretation of the impacts that the BRI might have on other parts of the world.


2020 ◽  
pp. 1-18
Author(s):  
BO CHEN ◽  
YUE CHEN

In this paper, we use the Belt and Road Initiative (B&R) as a semi-natural experiment and apply a difference-in-difference analysis together with the propensity score matching approach to estimate the impact of the B&R on China’s A-Share listed firms with outbound FDI to the B&R countries during 2011–2017. We find that China’s firms investing in B&R countries, compared to those investing elsewhere in the world, tend to reduce their total employment, increase the share of skilled labor, and increase wages. Various tests show that the key results of B&R impacts remain robust. We also find that the adjustment after investing in B&R countries is mainly found in non-SOEs, the firms in key provinces that enjoy pilot B&R policies. Both vertical and horizontal FDI firms are found to significantly adjust their employment, skill structure, and wage payment, the former is more responsive.


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