Informal governance and China's influence in the Asian Infrastructure Investment Bank.
This article develops a theoretical framework on the conditions and mechanisms of informal governance in international organizations by a major power. It argues that the condition for informal governance is that the major power has favourable outside options, i.e. the alternatives that bring about c...
| Publicado en: | Pacific Review Vol. 37; no. 4; pp. 692 - 719 |
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| Autores principales: | , |
| Formato: | Artículo |
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Taylor & Francis Ltd
Jul2024
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| Acceso en línea: | Ver este registro en EBSCOhost |
| fields | @attributes: recordID: 1 pdfLink: plink: https://search.ebscohost.com/login.aspx?direct=true&db=hlh&AN=178089120&site=ehost-live header: @attributes: shortDbName: hlh uiTerm: 178089120 longDbName: Humanities International Complete uiTag: AN controlInfo: bkinfo: jinfo: jid: 09512748 5C0 jtl: Pacific Review issn: 09512748 maglogo: N pubinfo: dt: Jul2024 vid: 37 iid: 4 pid: 377 pub: Taylor & Francis Ltd artinfo: ui: 178089120 10.1080/09512748.2023.2228499 ppf: 692 ppct: 27 formats: fmt: – @attributes: type: T – @attributes: type: P size: 1.4MB tig: atl: Informal governance and China's influence in the Asian Infrastructure Investment Bank. aug: au: Liu, Hongsong Wu, Tong affil: School of International and Public Affairs, Shanghai Jiao Tong University, Shanghai, China su: Infrastructure funds Asian Infrastructure Investment Bank Great powers (International relations) International agencies Guanxi China sug: subj: China Infrastructure funds Asian Infrastructure Investment Bank Great powers (International relations) International agencies Guanxi keyword: Asian Infrastructure Investment Bank (AIIB) informal governance international organizations outside options ab: This article develops a theoretical framework on the conditions and mechanisms of informal governance in international organizations by a major power. It argues that the condition for informal governance is that the major power has favourable outside options, i.e. the alternatives that bring about considerable gains in the absence of cooperation, while other countries do not. When conditions are not in place, the major power is unable to exert informal influence. Based on the theoretical lens of the conditions and mechanisms of informal governance by major powers in international organizations, this article assesses China's influence in the Asian Infrastructure Investment Bank (AIIB). It finds that China's influence in the AIIB does not remain static. In the early years after the establishment of the AIIB, China was not in a position to exercise informal governance and did not demonstrate influence beyond the confines of the AIIB's formal rules. As the situation of outside options for European countries worsening and as China's outside options improving, China became well placed to implement informal governance. Under such circumstances, China's preferences are well reflected in the AIIB's decision-making. pubtype: Academic Journal doctype: Article src: R language: English refInfo: copyright: @attributes: flag: Y custom: Copyright of Pacific Review is the property of Taylor & Francis Ltd and its content may not be copied or emailed to multiple sites without the copyright holder's express written permission. Additionally, content may not be used with any artificial intelligence tools or machine learning technologies. However, users may print, download, or email articles for individual use. item: Pacific Review holder: Taylor & Francis Ltd dt: @attributes: year: 2024 holdings: @attributes: islocal: N |
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