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China's New Multilateral Institutions: A Framework and Research Agenda

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  • Stephen, Matthew D.

Abstract

As China has risen to the status of a global power, it has taken the lead in fostering several new multilateral institutional initiatives. Some of these are formal intergovernmental organizations; others are informal clubs, forums, or platforms. Collectively, these acts of institutional creation suggest that China is no longer content to “join” the existing global order but is constructing its own multilateral infrastructure. What do such institutions mean for global governance? This article provides a framework for studying such multilateral institutions and sketches an emerging research agenda. First, it provides a systematic empirical overview of China's participation in the creation of multilateral institutions between 1990 and 2017. Second, it develops analytical categories for describing types of new institutions based on their relationships with incumbent institutions. Central to this typology is (1) whether new multilateral institutions’ governance functions are additive or rivalrous to those of existing ones, and (2) whether they promote congruent or distinct social purposes. Based on these characteristics, new multilateral institutions may be complementary, divergent, substitutive, or competing. Third, it considers the implications of China's multilateral institution-building for global governance in the context of an international power shift.

Suggested Citation

  • Stephen, Matthew D., 2021. "China's New Multilateral Institutions: A Framework and Research Agenda," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 23(3), pages 807-834.
    • Handle: RePEc:zbw:espost:243119
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