Multinational Enterprises and the 'One Belt, One road' Initiative: Sustainable Development and Innovation in a Post-Crisis Global Environment

By initiating the development of a gigantic international trade network across Asia, Europe and Africa, with several trade corridors that will span around 60 countries, China intends to stimulate substantial economic growth. Already in the first phase, focused on building an adequate infrastructu...

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Main Author: Ulrike Solmecke
Format: Article
Language:English
Published: CBS Open Journals 2017-03-01
Series:The Copenhagen Journal of Asian Studies
Subjects:
Online Access:https://rauli.cbs.dk/index.php/cjas/article/view/5304
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author Ulrike Solmecke
author_facet Ulrike Solmecke
author_sort Ulrike Solmecke
collection DOAJ
description By initiating the development of a gigantic international trade network across Asia, Europe and Africa, with several trade corridors that will span around 60 countries, China intends to stimulate substantial economic growth. Already in the first phase, focused on building an adequate infrastructure, multinational enterprises will play a vital role in developing the so-called New Silk Road or the 'One Belt, One Road' initiative. This article inquires into the environmental impacts that a venture of this magnitude will entail and discusses the potential of the available voluntary and mandatory governance instruments to lead the key economic actors to take sustainability criteria into account.
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spelling doaj.art-7ea5701a636f410888b56eec600efce32022-12-22T03:38:47ZengCBS Open JournalsThe Copenhagen Journal of Asian Studies2246-21632017-03-0134210.22439/cjas.v34i2.5304Multinational Enterprises and the 'One Belt, One road' Initiative: Sustainable Development and Innovation in a Post-Crisis Global EnvironmentUlrike Solmecke0Ruhr Universität BochumBy initiating the development of a gigantic international trade network across Asia, Europe and Africa, with several trade corridors that will span around 60 countries, China intends to stimulate substantial economic growth. Already in the first phase, focused on building an adequate infrastructure, multinational enterprises will play a vital role in developing the so-called New Silk Road or the 'One Belt, One Road' initiative. This article inquires into the environmental impacts that a venture of this magnitude will entail and discusses the potential of the available voluntary and mandatory governance instruments to lead the key economic actors to take sustainability criteria into account.https://rauli.cbs.dk/index.php/cjas/article/view/5304One beltOne roadmultinational enterprisesenvironmental impactssustainability innovationsgovernance instruments
spellingShingle Ulrike Solmecke
Multinational Enterprises and the 'One Belt, One road' Initiative: Sustainable Development and Innovation in a Post-Crisis Global Environment
The Copenhagen Journal of Asian Studies
One belt
One road
multinational enterprises
environmental impacts
sustainability innovations
governance instruments
title Multinational Enterprises and the 'One Belt, One road' Initiative: Sustainable Development and Innovation in a Post-Crisis Global Environment
title_full Multinational Enterprises and the 'One Belt, One road' Initiative: Sustainable Development and Innovation in a Post-Crisis Global Environment
title_fullStr Multinational Enterprises and the 'One Belt, One road' Initiative: Sustainable Development and Innovation in a Post-Crisis Global Environment
title_full_unstemmed Multinational Enterprises and the 'One Belt, One road' Initiative: Sustainable Development and Innovation in a Post-Crisis Global Environment
title_short Multinational Enterprises and the 'One Belt, One road' Initiative: Sustainable Development and Innovation in a Post-Crisis Global Environment
title_sort multinational enterprises and the one belt one road initiative sustainable development and innovation in a post crisis global environment
topic One belt
One road
multinational enterprises
environmental impacts
sustainability innovations
governance instruments
url https://rauli.cbs.dk/index.php/cjas/article/view/5304
work_keys_str_mv AT ulrikesolmecke multinationalenterprisesandtheonebeltoneroadinitiativesustainabledevelopmentandinnovationinapostcrisisglobalenvironment