Chinese Belt and Road Initiative as a political and economic challenge for the current world order
Journal Title: Refleksje. Pismo naukowe studentów i doktorantów WNPiD UAM - Year 2018, Vol 2, Issue 18
Abstract
at the end of the 1970s, the People’s Republic of China (PRC) introduced many reforms which resulted in a rapid growth of its economy. a crucial moment was the 2008 economic crisis which added to the growing role of the PRC. From a passive participant of the global economy, China changed into the global economic player. Nowadays, the PRC has become an equal partner for the politically and economically weakened United States. The article examines economic and political significance of the Chinese Belt and Road initiative for current world order. The main research problem is expressed in the following question: will the People’s Republic of China, thanks to its Belt and Road initiative, become a hegemon capable of playing the lead-ing role in the world? Those rapid changes are presented from the realism theory perspective
Authors and Affiliations
Paula Tomaszewska
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