Building a New Economic Silk Road: Advancing the Chinese Approach
Public Deposited- Last Modified
- September 29, 2023
- Creator
-
Williams, James Scott
- Affiliation: College of Arts and Sciences, Department of Asian and Middle Eastern Studies
- Abstract
- China’s One Belt, One Road (OBOR) initiative is a major, 21st century undertaking that reflects China’s growing economic and political power. It not only provides solutions for China’s own economic needs, like markets for its products and alleviating industrial overcapacity, but helps to draw countries along the Belt and Road further into the gravitational pull of China’s large economy. Moreover, OBOR both embodies and propagates the ideas underpinning China’s own quest to develop economically and mark out its place in the global system: the “Chinese approach” that includes prioritizing the hardware of economic development, state involvement in the economy, foreign policy based on equality, and cultivation of people-to-people exchange. This Chinese approach may just be one of the most influential “exports” along the Belt and Road, attracting developing countries that are increasingly dissatisfied with Western politico-economic prescriptions for development. As the existing world hegemon, the U.S. has a choice to make: does it embrace OBOR and come to terms with the world’s growing multipolarity or take a more adversarial approach, seeking to defend its regional and global hegemony?
- Date of publication
- spring 2016
- Keyword
- DOI
- Resource type
- Rights statement
- In Copyright
- Note
- Funding: None
- Advisor
- Yue, Gang
- Degree
- Bachelor of Arts
- Honors level
- Highest Honors
- Degree granting institution
- University of North Carolina at Chapel Hill
- Graduation year
- 2016
- Language
- English
- Extent
- 63
- Date uploaded
- April 26, 2016
Relations
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