Alternative Development Finance and Parallel Development Strategies in the Asia-Pacific: Racing for Development Hegemony? (Asian Commercial, Financial and Economic Law and Policy series) - Hardcover

Sheng, Jin

Hardcover

ISBN 10: 1800882912 ISBN 13: 9781800882911

Publisher: Edward Elgar Publishing Ltd, 2021

Synopsis

This insightful book examines the impact of two competing visions of Asian-Pacific economic growth paths and development governance. It discusses law, development and finance in the context of the Indo-Pacific Strategy versus the Belt and Road Initiative (BRI), whilst also comparing parallel development financing systems.

Jin Sheng reflects on and connects a series of issues of global significance, such as the economic Cold War, global debt, industrialisation and development in the developing world, and the changing international economic order. In so doing the author posits that the BRI’s ultimate objective is to export China’s development model, which is characterised by a focus on exports, experimentalism, and oversupply of currency. The book also critically examines China’s ambition to dominate the international economic order and set up its own favoured international rules.

Alternative Development Finance and Parallel Development Strategies in the Asia-Pacific will be an important read for researchers and policy makers in the fields of law, development and finance in the Asia-Pacific region.

About this title

About the Author

Jin Sheng, former Senior Research Fellow, National University of Singapore Faculty of Law and Honorary Fellow, Asian Institute of International Financial Law, The University of Hong Kong

Edition details

• Publisher: Edward Elgar Publishing Ltd
• Publication date: 2021
• Language: English
• ISBN 10: 1800882912
• ISBN 13: 9781800882911
• Binding: Hardcover
• Number of pages: 240