Economic Reactions to Global Development Strategies: Mapping Public Discourse in Germany on China’s Belt and Road Initiative

Daniel Waite ()
Additional contact information
Daniel Waite: Catholic University of Eichstätt-Ingolstadt

A chapter in The Clash of Entrepreneurial Cultures?, 2022, pp 49-63 from Springer

Abstract: Abstract In this chapter, China’s Belt and Road Initiative (BRI) is selected as a case study to analyze reaction strategies to Global Development Initiatives (GDIs). For this purpose, a framework of reaction levels to categorize stakeholders and a spectrum of reaction options are introduced in a theoretical model. Theoretical concepts, focusing on Game Theory, are brought forward in connection to the analysis. Qualitative Data Analysis of German news articles on the BRI is the methodology selected to generate results through a mix of deductive and inductive research. Results show the suitability of applying Game Theoretical concepts to forecast and analyze reactions of different stakeholder groups to GDIs. Signaling of self-declared Pareto-optimum choices can be observed in relation to GDI reaction strategies of influencing other actors. This setting can be matched best by the concept of the Coordination Game. Furthermore, a reduction of leeway for reacting to a GDI is visible when reducing the stakeholder level viewed. On a practical level, risks of the BRI are seen to outweigh opportunities significantly for German stakeholders. A clustering of identified themes in the sources shows a high level of risk adverseness of all stakeholder levels analyzed in relation to the initiative.

Keywords: Belt and Road Initiative; Germany; Reaction; Global development initiative; Discourse analysis (search for similar items in EconPapers)
Date: 2022
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:fgfchp:978-3-030-97050-5_5

Ordering information: This item can be ordered from
http://www.springer.com/9783030970505

DOI: 10.1007/978-3-030-97050-5_5

Access Statistics for this chapter

More chapters in FGF Studies in Small Business and Entrepreneurship from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().