Persistent URL of this record https://hdl.handle.net/1887/3193750
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- Trade, Tax, and Development Finance
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Trade, tax, and development finance: understanding China’s choice of BRI agreements and institutions
It explores the tension between strategic and effficiency-oriented concerns, tracing these tensions across three issue areas: tax, trade, and development finance. The chapter shows that, in dealing with challenges, the Chinese government lacks an integral governance framework that systemically coordinates all relevant institutions. Instead, it takes varied institutional approaches to overseeing BRI projects, ranging from bilateral trade agreements to multilateral fijinancial institutions. This raises the question of what is driving China’s development of agreements and institutions for the BRI. The chapter argues that China’s development of BRI tax initiatives is mostly motivated by efficiency drivers, its trade agreements with key BRI partners by strategic drivers, and its efforts to establish multilateral financial institutions by both drivers.
- All authors
- Sampson, M.D.; Wang, J.; Mosquera Valderrama, I.J.
- Editor(s)
- Schneider, F.
- Date
- 2021-01-20
- Title of host publication
- Global Perspectives on China's Belt and Road Initiative: Asserting Agency through Regional Connectivity
- Edition
- 1
- Pages
- 59 - 94
- ISBN (print)
- 9789463727853
- ISBN (electronic)
- 9789048553952
Funding
- Sponsorship
- Seventh Framework Programme (FP7)
- Grant number
- 758671