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Yuan Li - How Chinas Silk Road Initiative is Changing the Global Economic Landscape

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How Chinas Silk Road Initiative Is Changing the Global Economic Landscape - photo 1
How Chinas Silk Road Initiative Is Changing the Global Economic Landscape
Chinas New Silk Road initiative constitutes one of the most ambitious projects in recent decades, designed to change the pattern of the global economic division of labor as well as the geostrategic balance of power. It has the potential to create a new fabric of industrial value creation that links China and East Asia via Central and South Asia with Europe, and to forge new regional and multilateral institutions that complement or compete with existing regional and global governance systems. First proposed in 2013, the new initiative is only now starting to be rolled-out, with trade relations gradually intensifying, and the first investment projects and infrastructure clusters becoming manifest. However, the full impact of the evolving new regional value chains on global goods flows, investment activity, supra-national institution building, as well as their wider international implications remains undetermined. This book brings together leading scholars from economics, political science, and area studies, who present the latest cutting-edge knowledge and the latest state-of-the-art economic and political analysis on how the new initiative is developing and likely to develop.
Yuan Li is a Professor of Business and Economic Studies of East Asia in the Mercator School of Management and Institute of East Asian Studies (IN-EAST), University of Duisburg-Essen, Germany.
Markus Taube is a Professor of East Asian Economic Studies/China and Director of the IN-EAST School of Advanced Studies at the Mercator School of Management, University of Duisburg-Essen, Germany.
Routledge Studies in the Growth Economies of Asia
136The Diffusion of Western Economic Ideas in East Asia
Edited by Malcolm Warner
137Employers Associations in Asia
Employer Collective Action
Edited by John Benson, Ying Zhu and Howard Gospel
138Business Leaders and Leadership in Asia
Ying Zhu, Shuang Ren, Ngan Collins and Malcolm Warner
139Innovation, Investment and Intellectual Property in South Korea
Park to Park
Ruth Taplin
140A Microcredit Alternative in South Asia
Akhuwats Experiment
Shahrukh Rafi Khan and Natasha Ansari
141Development Agenda and Donor Influence in South Asia
Bangladeshs Experiences in the PRSP Regime
Mohammad Mizanur Rahman
142How Chinas Silk Road Initiative is Changing the Global Economic Landscape
Edited by Yuan Li and Markus Taube
143Trade Unions and Labour Movements in the Asia-Pacific Region
Edited by Byoung-Hoon Lee, Sek-Hong Ng and Russell Lansbury
For a full list of available titles please visit: https://www.routledge.com/African-Studies/book-series/AFRSTUD
How Chinas Silk Road Initiative Is Changing the Global Economic Landscape
Edited by
Yuan Li and Markus Taube
First published 2020 by Routledge 2 Park Square Milton Park Abingdon Oxon - photo 2
First published 2020
by Routledge
2 Park Square, Milton Park, Abingdon, Oxon OX14 4RN
and by Routledge
52 Vanderbilt Avenue, New York, NY 10017
Routledge is an imprint of the Taylor & Francis Group, an informa business
2020 selection and editorial matter, Yuan Li and Markus Taube; individual chapters, the contributors
The right of Yuan Li and Markus Taube to be identified as the authors of the editorial material, and of the authors for their individual chapters, has been asserted in accordance with sections 77 and 78 of the Copyright, Designs and Patents Act 1988.
All rights reserved. No part of this book may be reprinted or reproduced or utilised in any form or by any electronic, mechanical, or other means, now known or hereafter invented, including photocopying and recording, or in any information storage or retrieval system, without permission in writing from the publishers.
Trademark notice: Product or corporate names may be trademarks or registered trademarks, and are used only for identification and explanation without intent to infringe.
British Library Cataloguing-in-Publication Data
A catalogue record for this book is available from the British Library
Library of Congress Cataloging-in-Publication Data
A catalog record has been requested for this book
ISBN: 978-1-138-31745-1 (hbk)
ISBN: 978-0-429-45519-3 (ebk)
Typeset in Times New Roman
by codeMantra
Maria Danilovich is a guest researcher at the Institute for Russian and Eurasian Studies (IRES), Uppsala University, Sweden, and an associate professor and researcher at the Department of International Relations, Belarusian State University, Minsk, Belarus.
Yibing Ding is a professor at the School of Economics, Jilin University, Changchun, Jilin, China.
Giorgio Dominese is a professor, Chair of Transition Studies Research Network, Venice, Italy, visiting professor at universities in Europe-Asia, China, Eastern and South Asia, and publisher of Transition Academia Press (www.transitionacademiapress.org).
Julan Du is an associate professor at the Department of Economics, Chinese University of Hong Kong, China.
Mario Esteban is a senior analyst at the Elcano Royal Institute and senior lecturer at the Centre for East Asian Studies of the Autonomous University of Madrid, Spain.
Giovanni Ferri is a professor at the Department of Law, Economics, Politics and Modern Languages, Universit di Roma LUMSA, Italy.
Andreas Grimmel is a research associate and lecturer at the Institute of Political Science, University of Hamburg, Germany.
Xiao Li is a professor at the School of Economics, Jilin University, Changchun, Jilin, China.
Yuan Li is the Acting Professor of Business and Economic Studies of East Asia, Mercator School of Management and Institute of East Asian Studies (IN-EAST), University of Duisburg-Essen, Germany.
Justin Yifu Lin is the dean of the Institute of New Structural Economics, dean of the Institute of South-South Cooperation and Development, and professor and honorary dean of the National School of Development at Peking University, China.
Li-Gang Liu is the Chief China Economist at Citigroup Inc., Hong Kong, China.
Camilla Mastromarco is an associate professor at the Department of Economics, University of Salento, Italy.
Nele Noesselt is a professor of Political Science with a special focus on East Asia/China at the Institute of East Asian Studies and Faculty of Social Sciences, University of Duisburg-Essen, Germany.
Werner Pascha is professor of East Asian Economic Studies /Japan and Korea at the Mercator School of Management and the Institute of East Asian Studies, University of Duisburg-Essen, Germany.
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