One Belt One Road—New Game, Established Rules - Open Journal of Political Science

OJPS > Vol.9 No.3, July 2019

One Belt One Road—New Game, Established Rules ()

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DOI: 10.4236/ojps.2019.93035 1,072 Downloads 2,734 Views Citations

Author(s)

Weimin Wang, Shitao Huo

Affiliation(s)

School of Government, Shanghai University of Political Science and Law, Shanghai, China.

ABSTRACT

Some, both in and outside of academia, have serious concerns that the One Belt One Road (OBOR) initiative at such an unprecedented scale would inadvertently destabilize current patterns of international rules (Authors’ notes). However, our tracking data has clearly shown that the OBOR initiative has not intended to reach, nor has actually performed, beyond the existing framework of international order. One of the unexpected discoveries we made as we determined what rules dictated the OBOR progress was that established rules since the Bretton Woods System and the UN appeared to function properly when relevant parties worked for their deals. The research was designed to investigate the operational rules in OBOR’s economic activities. Its methodology is associated with the role of free markets in international relations, but we examined the governance established by the international regimes. We also established analytical structure to explore the effects of variables such as reciprocity, nondiscrimination, and sovereignty. Our findings were convincing to say the least, the established international order and rules, norms, and decision making procedures inspired all actors in the OBOR initiative. Even compromised policies beyond current rules would normally be considered as being tentative solutions. We trust that our readers will find our tracking data based empirical method as effective and they will benefit from our analysis and discoveries as they observe and involve themselves in the OBOR processes.

KEYWORDS

International Regimes, Rules, Norms, Globalization, Governance, Global Wealth Distribution, Policy Space

Share and Cite:

Wang, W. and Huo, S. (2019) One Belt One Road—New Game, Established Rules. Open Journal of Political Science, 9, 582-597. doi: 10.4236/ojps.2019.93035.

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