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The Belt and Road Initiative and Global Governance

Edited by Maria Adele Carrai Marie Curie Fellow, Leuven Centre for Global Governance Studies, KU Leuven and Fellow, Harvard University Asia Center, US, Jean-Christophe Defraigne, Professor of International Economics, Institute for European Studies, Université Saint-Louis Bruxelles and the Louvain School of Management, UCLouvain, Belgium and Jan Wouters, Full Professor of International Law and International Organizations, Jean Monnet Chair ad personam EU and Global Governance and Director, Leuven Centre for Global Governance Studies and Institute for International Law at KU Leuven, Belgium
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.
Extent: c 320 pp
Hardback Price: $150.00 Web: $135.00
Publication Date: February 2020
ISBN: 978 1 78990 621 9
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  • eISBN: 978 1 78990 622 6

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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.

Chapters discuss as-yet-unexplored cases from the ground in brand new studies based on fieldwork by leading academics, as well as providing alternative readings of the rationale behind the BRI. Questions about connectivity and the financial implications of Chinese investments are addressed, taking a balanced approach that demonstrates the complexity and nuance of these issues, and the far-from-linear impact that the BRI is having on global governance.

This incisive book will be critical reading for scholars and policy makers working on China and global governance. It will also provide useful insights for officials and practitioners working in BRI countries and international institutions, think-tanks and NGOs.
‘A fascinating collection of detailed and data-driven studies that brings valuable on-the-ground insight into China’s Belt and Road Initiative and its global impacts. Sets the standard for future research on this important topic.’
– Elizabeth Economy, Council on Foreign Relations, US

‘This book offers balanced and thoughtful insights on important aspects of China’s Belt and Road Initiative, such as its impact on global institutions and governance and the implications for project host countries from Southeast Asia to Africa. The chapters usefully shed light on the complex interplay of economic, strategic, political, and cultural factors that combine to make the Belt and Road both a transformative initiative and an enigma.’
– Danny Russel, Asia Society Policy Institute, US

‘This is an outstanding analysis of the nature of the Chinese Belt and Road Initiative and its implications for global governance, backed up by penetrating and insightful case studies. Its comprehensive and compelling account of the subject is bound to receive widespread readership from the academic and policy-making community.’
– Emil J. Kirchner, University of Essex, UK
Contributors include: M.A. Carrai, J.-C. Defraigne, J.-F. Di Meglio, D. Freeman, F. Godement, A. Halegua, N. Kassenova, C.-C. Kuik, C. Ljungwall, S. Nanwani, T. Pairault, U. Wissenbach, J. Wouter









Contents:

1. Maria Adele Carrai, Jean-Christophe Defraigne and Jan Wouters
The Belt and Road Initiative and Global Governance: By Way of Introduction

Part I: Geoeconomics and Connectivity 
2. Christer Ljungwall
China’s Move to Economic and Political Resilience

3. Jean-Christophe Defraigne
The Belt and Road Initiative, the Economic Integration of the Eurasian Continent and the International Division of Labour

4. Kuik Cheng-Chwee
Connectivity and Gaps: The Bridging and Missing Links in China's BRI in Southeast Asia

5. Suresh Nanwani
China’s Belt and Road Initiative: An Interface with Multilateral Development Banks

Part II: Rationales of the BRI from China’s Perspective
6. Duncan Freeman
The Belt and Road Initiative and the Overcapacity Connection

7. Jean-François Di Meglio
The “Internationalization” of the Renminbi: Toward an “RMBRI”?

8. Thierry Pairault
Examining the Importance of the New Silk Roads for Africa and for Global Governance

Part III: Cases From the Ground
9. Nargis Kassenova
Kazakhstan’s Adaptation to the Belt and Road Initiative: Tracing Changes in Domestic Governance

10. Uwe Wissenbach
African Agency in the Belt and Road Initiative: Kenya's Rail Investment with China's Flagship BRI Project in Africa

11. Aaron Halegua
Where is the Belt and Road Initiative taking international labour rights? An examination of worker abuse by Chinese firms in Saipan

Conclusion
12. Francois Godement
China’s Belt and Road Initiative: Imagination and Reality

Index