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The Belt and Road Initiative and the Development of China’s Economic Statecraft: European Attitudes and Responses

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  • Andreas Grimmel
  • Viktor Eszterhai

Abstract

This article examines how states may be inclined to adapt to the policy goals of powerful economic partner states in acts of ‘anticipatory conformity’ or by adjusting their ‘common’ policy goals. It builds on two classical theoretical bases—the concept of economic statecraft and Hirschmanesque effects—to explore how economic power may be translated into far-reaching effects on other states’ behaviour without a clear goal or objective being proclaimed or even set by the economically powerful state. Our empirical findings suggest that the European Union still has an unparalleled influence on member states, and China’s growing economic presence in Europe alone—especially in the framework of the Belt and Road Initiative—is insufficient to influence member states’ politics.

Suggested Citation

  • Andreas Grimmel & Viktor Eszterhai, 2020. "The Belt and Road Initiative and the Development of China’s Economic Statecraft: European Attitudes and Responses," International Studies, , vol. 57(3), pages 223-239, July.
    • Handle: RePEc:sae:intstu:v:57:y:2020:i:3:p:223-239
    DOI: 10.1177/0020881720925223
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    References listed on IDEAS

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    1. Ian Manners, 2002. "Normative Power Europe: A Contradiction in Terms?," Journal of Common Market Studies, Wiley Blackwell, vol. 40(2), pages 235-258, June.
    2. Herbert Heaton, 1937. "Heckscher on Mercantilism," Journal of Political Economy, University of Chicago Press, vol. 45, pages 370-370.
    3. Ramon Pacheco Pardo, 2018. "Europe’s financial security and Chinese economic statecraft: the case of the Belt and Road Initiative," Asia Europe Journal, Springer, vol. 16(3), pages 237-250, September.
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