IDEAS home Printed from https://ideas.repec.org/h/spr/fgfchp/978-3-030-97050-5_5.html
   My bibliography  Save this book chapter

Economic Reactions to Global Development Strategies: Mapping Public Discourse in Germany on China’s Belt and Road Initiative

In: The Clash of Entrepreneurial Cultures?

Author

Listed:
  • Daniel Waite

    (Catholic University of Eichstätt-Ingolstadt)

Abstract

In this chapter, China’s Belt and Road Initiative (BRI) is selected as a case study to analyze reaction strategies to Global Development Initiatives (GDIs). For this purpose, a framework of reaction levels to categorize stakeholders and a spectrum of reaction options are introduced in a theoretical model. Theoretical concepts, focusing on Game Theory, are brought forward in connection to the analysis. Qualitative Data Analysis of German news articles on the BRI is the methodology selected to generate results through a mix of deductive and inductive research. Results show the suitability of applying Game Theoretical concepts to forecast and analyze reactions of different stakeholder groups to GDIs. Signaling of self-declared Pareto-optimum choices can be observed in relation to GDI reaction strategies of influencing other actors. This setting can be matched best by the concept of the Coordination Game. Furthermore, a reduction of leeway for reacting to a GDI is visible when reducing the stakeholder level viewed. On a practical level, risks of the BRI are seen to outweigh opportunities significantly for German stakeholders. A clustering of identified themes in the sources shows a high level of risk adverseness of all stakeholder levels analyzed in relation to the initiative.

Suggested Citation

  • Daniel Waite, 2022. "Economic Reactions to Global Development Strategies: Mapping Public Discourse in Germany on China’s Belt and Road Initiative," FGF Studies in Small Business and Entrepreneurship, in: Harald Pechlaner & Hannes Thees & Wei Manske-Wang (ed.), The Clash of Entrepreneurial Cultures?, pages 49-63, Springer.
    • Handle: RePEc:spr:fgfchp:978-3-030-97050-5_5
    DOI: 10.1007/978-3-030-97050-5_5
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:fgfchp:978-3-030-97050-5_5. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.