International Political Economy of (One Belt - One Road) Initiative, Introducing a New Chinese Vision of Globalization

Abstract

This academic article reviews the Economic Belt Initiative and the New Silk Road, and discusses this, according to the Chinese vision and the human and moral content of the initiative, in addition, the paper discusses the conceptual and philosophical theory of China’s thesis and its vision of a fair globalization, taking into account the mutual benefit and cooperation between peoples for the development of all, so that Everyone becomes a winner and there is no loser. The article reviewed some written literature on the Economic Belt Initiative and the New Silk Road, from various perspectives, to expand the discussion spaces around it. The article touched on historical developments in the vision of the Chinese leaders that followed at the state and the level of the Communist Party of China, and the continuous development of ideas and visions, through various institutions, including scientific and academic institutions, through conferences, seminars and research, which were finally summarized in the historical formulation For the Economic Belt Initiative and the New Silk Road. The article presents the clear impact of the new ideas of economic openness, and the broad process of reform in the Chinese economy, which gave the socialist system the Chinese personality, drawn from Chinese philosophy, wisdom, and civilization deeply rooted in history. The article was also exposed to the major coup d'état caused by the Economic Belt Initiative and the New Silk Road, in familiar concepts and methods, and classical economic development theories, and focused on bias for experimental theory, according to strategic visions, and boldness not without cautious adventure. The article also discussed the research vision in the authors' assumption that the Belt and Road Initiative provided China with a good opportunity to highlight its contribution to presenting a new formulation of international political economy from an empirical conceptual standpoint at all levels and at the economic, political and social levels as well as at the level of international relations. Finally, the article discussed features of the amazing successes of the initiative, on the ground, as an introduction to incite the expansion of discussion, among academic researchers, writers and politicians, in order to further shed light on this historical station, in the development of human civilization, in both theory and practice, whether It was a difference or an agreement about it.