Publisher's Synopsis
The literature on the Belt and Road Initiative (BRI) points out either its negative or positive impacts on global and domestic governance. However, such a dichotomy is too simplistic, not least because it tells us little about the complexity of change in the nature of the BRI as it is implemented. This book argues that the BRI manifests an intricate dynamic comprising two contradictory tendencies: Xi Jinping's top-down and centralised approach to policymaking, with its focus on producing robust Chinese actors who can succeed in a competitive global economy; and a fragmented and decentralised reality made up of an expanding range of actors engaged in realising myriad BRI projects on the ground. The co-existence of these two contradictory tendencies implies that the BRI has a multidimensional impact on global and domestic governance in general, and on the role of Japan in countries where BRI projects take place. Japan matters because of its 'in-between' position between non-Western donors and the Development Assistance Committee of the Organisation for Economic Co-operation and Development, a position that offers a unique dimension to a frequently dichotomous discussion of the BRI. Globally, China's promotion of the BRI has strengthened an aspect of global governance, the 'open economy', while at the same time fostering the Chinese nuance of a 'planned economy'. Domestically, a Chinese-style approach to state management and investment without political conditions may set back democratisation efforts in emerging countries, but the BRI has also given rise to a renewed sense of democracy in those countries. These multidimensional impacts enable China and Japan to find an on-the-ground complementarity in their approaches to development aid in relation to future cooperation.
