Structural power and the financing of the Belt and Road Initiative
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AbstractThe question of financing the Belt and Road Initiative sharpens the broader debates about the intentions behind and
implications of the initiative, in particular, whether it represents an alternative to or within globalization (global capitalism)
and the broader global order as currently constituted. This paper addresses this by examining the institutions, actors, mechanisms, and nature of the (proposed) financing of Belt and Road projects. It argues that however Chinese rhetoric on the BRI is read, looking at the financing demonstrates the structural power of the existing institutions, structures, and mechanisms of global political economy, and this will constrain Chinese ambitions to base an alternative world order on the foundations of the BRI.
Acceptance Date09/01/2020
All Author(s) ListTim Summers
Journal nameEurasian Geography and Economics
Year2020
Month3
Volume Number61
Issue Number2
PublisherTaylor & Francis
Pages146 - 151
ISSN1538-7216
eISSN1938-2863
LanguagesEnglish-United Kingdom
KeywordsBelt and Road/BRI, structural power, global political economy, infrastructure financing, China

Last updated on 2020-23-10 at 00:45