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LOCALIZED IMPLEMENTATION: ECONOMIC AND ENVIRONMENTAL IMPACT OF THE BELT AND ROAD INITIATIVE IN CHINA
- Source :
- Journal of East Asian Studies. 21:237-257
- Publication Year :
- 2021
- Publisher :
- Cambridge University Press (CUP), 2021.
-
Abstract
- China's overcapacities in manufacturing industries, including pollution-intensive industries, served as an important motivation of the Belt and Road Initiative (BRI). The popular Pollution Haven Hypothesis (PHH) therefore expects that the initiative will lead to the relocation of polluting industries from China to the recipients. Focusing on the implementation by local governments, we argue that actual outcomes of the BRI depend on the way local states and businesses respond to the BRI in accordance with their preferences. Through investigating industries’ actual responses to the BRI, we found that pollution-intensive industries have not relocated but rather expanded exports to the BRI countries. This has two implications: on the one hand, it alleviates the overcapacity issue in China and helps sustain the economic performance of the industry; on the other hand, it results in more pollution within Chinese borders and aggravates the environmental challenges facing the country.
- Subjects :
- Pollution
Economics and Econometrics
Pollution haven hypothesis
Sociology and Political Science
business.industry
Economic policy
media_common.quotation_subject
Foreign direct investment
Development
Manufacturing
Political Science and International Relations
Environmental impact assessment
business
China
Relocation
media_common
Subjects
Details
- ISSN :
- 22346643 and 15982408
- Volume :
- 21
- Database :
- OpenAIRE
- Journal :
- Journal of East Asian Studies
- Accession number :
- edsair.doi...........44c3874650f07277cd203083840d7fa3