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The Belt Road and Beyond

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  • Ye,Min

Abstract

From 1998 to 2018, China had three political-economic crises, resulting in bureaucratic paralysis. It was at such junctures that China's leadership launched initiatives, like the Western Development Program, that mobilized state and market actors to expedite globalization and revive economic growth. In The Belt Road and Beyond, Min Ye reevaluates the common tendency to attribute China's Belt and Road to individual leaders' strategic ambitions, using state-mobilized globalization as a comparative framework and investigative tool to understand Chinese capitalism. State-mobilized globalization has helped sustain China's high-growth economy and social-political stability, while also sparking some political backlash. In order to succeed in globalization, the author argues, China's state mobilization must readapt to global circumstances. She sheds light on the tactics China used to spring from a crisis-stricken middle economy to a formidable global power, implicating not only China, but also the world.

Suggested Citation

  • Ye,Min, 2020. "The Belt Road and Beyond," Cambridge Books, Cambridge University Press, number 9781108479561, January.
    • Handle: RePEc:cup:cbooks:9781108479561
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    Cited by:

    1. Sandra Lavenex & Omar Serrano & Tim Büthe, 2021. "Power transitions and the rise of the regulatory state: Global market governance in flux," Regulation & Governance, John Wiley & Sons, vol. 15(3), pages 445-471, July.
    2. McCauley, John F. & Pearson, Margaret M. & Wang, Xiaonan, 2022. "Does Chinese FDI in Africa inspire support for a china model of development?," World Development, Elsevier, vol. 150(C).
    3. Yue Lu & Wei Gu & Ka Zeng, 2021. "Does the Belt and Road Initiative Promote Bilateral Political Relations?," China & World Economy, Institute of World Economics and Politics, Chinese Academy of Social Sciences, vol. 29(5), pages 57-83, September.
    4. Carrai, Maria Adele, 2021. "Adaptive governance along Chinese-financed BRI railroad megaprojects in East Africa," World Development, Elsevier, vol. 141(C).
    5. Gong, Xue, 2021. "Logics of appropriateness: Explaining Chinese Financial Institutions’ weak supervision of overseas financing," World Development, Elsevier, vol. 142(C).
    6. Danny Chi Kuen Ho & Eve Man Hin Chan & Tsz Leung Yip & Chi-Wing Tsang, 2020. "The United States’ Clothing Imports from Asian Countries along the Belt and Road: An Extended Gravity Trade Model with Application of Artificial Neural Network," Sustainability, MDPI, vol. 12(18), pages 1-15, September.

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