Strategic responses of advanced economies to the belt and road initiative

Abstract

Responses to the Belt and Road Initiative (BRI) have been mixed. Many commentators have welcomed the opportunity for infrastructure development and projects to build economic, political and social connectivity across the region. Others have been openly critical or slow to formulate a clear position. In general, advanced economies have responded less positively than developing economies. This paper employs a constructivist approach to interpret responses to the BRI in advanced economies through analysis of commentary in the United States, the European Union, Japan, Australia and New Zealand. It identifies a diversity of responses within and among these economies and a strong ideational coherence in the frameworks used to assess the BRI. It is concluded that the reception of Chinese-promoted concepts in international affairs, like the BRI, remains challenging due to the dominance of liberal and realist assessments and the accompanying political values. This suggests a need for greater intellectual engagement and more substantial feedback between China and the advanced economies, so as to open the way for a long overdue regional conversation on how development is conceptualized and co-created in a region with diverse approaches to regional economic policy.