The Belt and Road Initiative and Global Governance
Show Less

The Belt and Road Initiative and Global Governance

Edited by Maria A. Carrai, Jean-Christophe Defraigne and Jan Wouters

This timely book examines the Belt and Road Initiative (BRI), assessing its effect on the international economic order and global governance more broadly. Through a variety of qualitative case studies, the book investigates the implementation of the BRI and evaluates its development outcomes both for China and the countries it interacts with under the initiative, along with its international implications.
Buy Book in Print
Show Summary Details
You do not have access to this content

Chapter 3: The Belt and Road Initiative, the economic integration of the Eurasian continent and the international division of labour

Jean-Christophe Defraigne

Abstract

The purpose of this chapter is to assess to what extent the Belt and Road Initiative (BRI) can shift the balance of power within the world trading system by increasing connectivity across the Eurasian continent and its neighbours, thus transforming current international production networks (IPNs) and creating a higher degree of economic interdependency between China and the countries targeted by BRI schemes. This chapter will contextualize the amount of Chinese financial flows to the countries participating in the BRI. It will assess to what extent it is possible to claim that such flows have generated significant change in trade structures and IPNs that should strengthen China’s economic influence on the Eurasian continent. It will also attempt to see if Chinese foreign direct investment (FDI) flows in the BRI region are likely to generate a geographical extension of production processes from Chinese firms across the Eurasian continent and transform the global division of labour in ways that will significantly impact BRI recipient countries.

You are not authenticated to view the full text of this chapter or article.

Elgaronline requires a subscription or purchase to access the full text of books or journals. Please login through your library system or with your personal username and password on the homepage.

Non-subscribers can freely search the site, view abstracts/ extracts and download selected front matter and introductory chapters for personal use.

Your library may not have purchased all subject areas. If you are authenticated and think you should have access to this title, please contact your librarian.


Further information

or login to access all content.