Book contents
- China’s Chance to Lead
- Business and Public Policy
- China’s Chance to Lead
- Copyright page
- Dedication
- Contents
- Figures
- Tables
- Preface and Acknowledgements
- Abbreviations
- 1 Introduction
- 2 Market Failures and China’s Chance to Lead
- 3 Measuring Infrastructure Needs and Foreign Infrastructure Investment
- 4 Theory
- 5 Measuring Clientelism and the Corporate Sector across Political Regimes
- 6 Political Regimes and BRI Country-Level Patterns
- 7 Political Regimes and BRI Project Characteristics
- 8 Case Studies of Political Regimes and the BRI
- 9 Chinese Exports of Digital Technologies and Standards
- 10 Conclusions and Implications
- References
- Index
- Business and Public Policy
3 - Measuring Infrastructure Needs and Foreign Infrastructure Investment
Published online by Cambridge University Press: 02 November 2023
Book contents
- China’s Chance to Lead
- Business and Public Policy
- China’s Chance to Lead
- Copyright page
- Dedication
- Contents
- Figures
- Tables
- Preface and Acknowledgements
- Abbreviations
- 1 Introduction
- 2 Market Failures and China’s Chance to Lead
- 3 Measuring Infrastructure Needs and Foreign Infrastructure Investment
- 4 Theory
- 5 Measuring Clientelism and the Corporate Sector across Political Regimes
- 6 Political Regimes and BRI Country-Level Patterns
- 7 Political Regimes and BRI Project Characteristics
- 8 Case Studies of Political Regimes and the BRI
- 9 Chinese Exports of Digital Technologies and Standards
- 10 Conclusions and Implications
- References
- Index
- Business and Public Policy
Summary
This chapter seeks to first empirically establish the relationship between countries’ market failures and their level of infrastructure spending. It then seeks to test the most likely explanations for Chinese foreign spending based on explanations relating to FDI from Western MNCs. Notably, the results do not yield convincing results that these variables can account for Chinese foreign spending patterns. This finding supports the need for a novel approach to Chinese foreign spending in the context of the Belt and Road Initiative.
Keywords
- Type
- Chapter
- Information
- China's Chance to LeadAcquiring Global Influence via Infrastructure Development and Digitalization, pp. 57 - 72Publisher: Cambridge University PressPrint publication year: 2023