{"title":"Is the Belt and Road Initiative (BRI), and Chinas Growing Global Interconnectivity More Generally, Generating Network Effects and Lock-In Dynamics?","authors":"Shiqing Xiao","doi":"10.54254/2977-5701/2/2024010","DOIUrl":"https://doi.org/10.54254/2977-5701/2/2024010","url":null,"abstract":"Since its inception in 2013, the Belt and Road Initiative (BRI) by Chinese President Xi Jinping has emerged as a transformative economic strategy aiming to reshape the economic landscape across Asia, Eastern Europe, and Africa. This paper examines the connection between the BRI and network theory, a relatively underexplored area in the existing body of research. The BRI, covering five continents and over 100 countries, focuses mainly on South Asia, Central Asia, and Europe, including Russia, due to their central role in the initiative. The core of this paper lies in analyzing the network effects and lock-in dynamics associated with the BRI, especially in the context of developing countries. Part II delves into the positive arguments for BRIs network effects and lock-in dynamics, drawing on Bryan Druzins theories and adding the concepts of resilience and cultural connectivity. Conversely, challenges to these network effects and dynamics are scrutinized, including sustainability issues, institutional flaws, fragmentism with Chinese characteristics, neo-colonial critiques, and cultural and ideological disparities. A case study focusing on the China-Pakistan Economic Corridor (CPEC) in Part III sheds light on both the strengths and weaknesses of the BRIs approach. In conclusion, the paper posits that while the BRI is successfully building both material and conceptual foundations for its network, the significance of its network effects and lock-in dynamics is moderated by numerous challenges.","PeriodicalId":484439,"journal":{"name":"Journal of Applied Economics and Policy Studies","volume":"114 24","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-01-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139605628","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Short-Term Loans and Long-Term Investments Impact on Stock Price Collapse Risk","authors":"Zhulin Wang","doi":"10.54254/2977-5701/2/2024011","DOIUrl":"https://doi.org/10.54254/2977-5701/2/2024011","url":null,"abstract":"This paper examines the period from 2007 to 2020 using Chinese A-share listed companies as a research sample. From the perspectives of operational risk and information quality, the empirical analysis investigates the influence of short-term loans for long-term investments on the risk of stock price collapse. The results indicate that short-term loans for long-term investments exacerbate the risk of stock price collapse. The impact is primarily achieved through increasing corporate operational risk and earnings management, thereby intensifying the risk of stock price collapse. Simultaneously, the quality of internal control and managerial capabilities can, to a certain extent, moderate the influence of short-term loans for long-term investments on the risk of stock price collapse. This paper contributes to the research in the field of short-term loans for long-term investments and sheds light on the factors influencing the risk of stock price collapse, offering valuable insights for corporate governance and the mitigation of the risk of stock price collapse.","PeriodicalId":484439,"journal":{"name":"Journal of Applied Economics and Policy Studies","volume":"55 24","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-01-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139603637","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Process Structure Model of the Intelligent Experience Engine: A Multi-case Study Based on Grounded Theory","authors":"Xuecheng Yang, Wenjing Zhang, Jing Guo","doi":"10.54254/2977-5701/2/2024009","DOIUrl":"https://doi.org/10.54254/2977-5701/2/2024009","url":null,"abstract":"Customer experience is an important strategic process for businesses to provide personalized services to customers in order to gain competitive advantages. As it enters the intelligent stage, how to manage the intelligent customer experience has become an urgent issue to explore. Based on the customer experience theory, this article uses the grounded theory research method to conduct a multi-case study, clarifies the concept of the intelligent experience engine, and proposes a process structure model for it. Its structural level includes the contact layer, data layer, and decision layer. The research results extend the customer experience theory and have good theoretical insights and practical guidance for businesses to carry out intelligent customer experience management activities.","PeriodicalId":484439,"journal":{"name":"Journal of Applied Economics and Policy Studies","volume":"117 38","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-01-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139605536","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Safe Haven Currency Attribute of RMB","authors":"Ying Zhang","doi":"10.54254/2977-5701/2/2024008","DOIUrl":"https://doi.org/10.54254/2977-5701/2/2024008","url":null,"abstract":"With the continuous progress of RMB internationalization, RMB has shown the attribute of safe haven currency. This paper discusses the exhibition of RMBs attribute of safe haven currency and the causes behind it in some special risk aversion periods recently by comparing RMB with other major currencies. The process of RMB internationalization has an important impact on the exhibition of RMBs attribute of safe haven currency. Although convertibility and high liquidity are necessary conditions for a safe haven currency, we also see that in some special circumstances, proper control is helpful for enhancing the safe haven currency attribute of RMB.","PeriodicalId":484439,"journal":{"name":"Journal of Applied Economics and Policy Studies","volume":"124 4","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-01-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139605320","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Mechanisms of Consumer Purchase Intent Formation in the Context of Live Streaming E-commerce","authors":"Songliang Guo","doi":"10.54254/2977-5701/1/2023004","DOIUrl":"https://doi.org/10.54254/2977-5701/1/2023004","url":null,"abstract":"This paper investigates the factors influencing purchase intent in the context of live streaming e-commerce and the variations in their impact among consumers with different levels of digital literacy. By constructing a purchase intent model for live streaming e-commerce, we collected 248 valid survey responses through a questionnaire survey. We employed a structural equation modeling approach to verify the influence of five dimensions of perceived value on purchase intent in live streaming e-commerce and the moderating effect of digital literacy. The results indicate that consumers' perceived value significantly affects their purchase intent through their attitudes toward live streaming e-commerce. The order of the impact of perceived value dimensions on consumer attitudes is as follows: entertainment, supply chain perception, functionality, economy, and host characteristics. Notably, as consumers' digital literacy increases, they tend to focus more on the supply chain perception factor.","PeriodicalId":484439,"journal":{"name":"Journal of Applied Economics and Policy Studies","volume":"34 8","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-10-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135169012","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"The Impact of Digital Economy on New Urbanization in Shanxi Province","authors":"Jiaxi Wang","doi":"10.54254/2977-5701/1/2023003","DOIUrl":"https://doi.org/10.54254/2977-5701/1/2023003","url":null,"abstract":"In recent years, the digital economy has increasingly become a significant driver of economic growth in China, with its tremendous potential affecting various aspects of the country's economic and social sectors. Shanxi Province is renowned for being a resource-based coal city in China and is currently in a critical period of developing new urbanization. Investigating whether the development of the digital economy in Shanxi Province positively influences new urbanization is of great importance for regional development. This study utilizes panel data from 11 prefecture-level cities in Shanxi Province from 2004 to 2017 and constructs a comprehensive indicator system for new urbanization, including economic urbanization, social urbanization, spatial urbanization, and population urbanization. The study calculates the comprehensive index of new urbanization in Shanxi Province and the level of the digital economy in Shanxi Province using the entropy weight method. Based on these indicators, a fixed-effects panel data regression model is established to quantitatively examine the impact of the digital economy's development level on the construction of new urbanization in Shanxi Province. The study reveals that (1) the regional development level of the digital economy in Shanxi Province has a significant positive promotion effect on new urbanization. (2) Regional government intervention in Shanxi Province plays a strong positive guiding role in the development of new urbanization. (3) The enhancement of the comprehensive economic strength of Shanxi Province significantly affects new urbanization construction, but the effect is not substantial.","PeriodicalId":484439,"journal":{"name":"Journal of Applied Economics and Policy Studies","volume":"10 2","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-10-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135168833","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"How Does the BRI Reflect China's Rise and Its Influence in World Politics?","authors":"Xingrui Li","doi":"10.54254/2977-5701/1/2023001","DOIUrl":"https://doi.org/10.54254/2977-5701/1/2023001","url":null,"abstract":"As economies become more globalized and regional integration increases, global trade is closely linked, and after the economic reform and opening up, China's trade volume has increased year by year, becoming the second largest economy in the world. However, in these years of rapid development, China has also begun to overcapacity, slowing down its economic development. In order to improve China's domestic overcapacity situation, as well as to better carry out the development of economic integration, China's President Xi Jinping put forward the BRI. This paper focuses on how the BRI reflects China's rise and its impact on the global political and economic arena, and analyzes its implications for China's development trends and international relations. From cultural, economic, and political perspectives, and by examining the quantitative analysis of the impact of the BRI on trade, this paper explores the empirical case study of the China-Central Asia Gas Pipeline (CCAGP) and finds that the BRI has boosted the trade turnover of the countries along the route, and has contributed to the development of China's internal development and international cooperation. international cooperation. The case study of the China-Central Asia Gas Pipeline (CCAGP) reveals more concretely that China has utilized infrastructure development to broaden new strategic routes in order to safeguard China's energy interests and security, and to promote cooperation with the Central Asian region. The \"BRI\" has enabled China to contribute to the formation of a new economic order centered on China in the form of trade cooperation, which helps to enhance international discourse. Through the BRI, China's international influence has been increasing and its role in the international arena is growing.","PeriodicalId":484439,"journal":{"name":"Journal of Applied Economics and Policy Studies","volume":"AES-11 6","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-10-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135168836","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"The Impact of the COVID-19 on Business Companies: Measures and Strategies to Overcome the Crisis","authors":"Javier Cifuentes-Faura","doi":"10.54254/2977-5701/1/2023002","DOIUrl":"https://doi.org/10.54254/2977-5701/1/2023002","url":null,"abstract":"COVID-19 has led to the need to work remotely and to the need for many companies to reinvent themselves in order to survive. The aim of this paper is to review the changes that have taken place in companies as a consequence of the coronavirus. Telework has great positive aspects for employee health, but to successfully ensure business continuity and successful management. It also presents data showing the evolution of telework during the pandemic and discusses some possible solutions to change the way businesses are managed.","PeriodicalId":484439,"journal":{"name":"Journal of Applied Economics and Policy Studies","volume":"221 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-10-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135166418","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Environmental Sustainability Practices of Chinese Logistics Service Providers: A Perspective on Corporate Social Responsibility","authors":"Jie Liu","doi":"10.54254/2977-5701/1/2023005","DOIUrl":"https://doi.org/10.54254/2977-5701/1/2023005","url":null,"abstract":"Guided by the strategic objectives of \"carbon neutrality\" and \"peak carbon\" in China, low-carbon development in the logistics industry has become a core driver of industry transformation and upgrading. At the micro-level, companies are gradually accelerating their environmental strategic planning and actively promoting environmental sustainability practices. This paper focuses on logistics service providers (LSPs) and selects representative integrated logistics service companies for multidimensional analysis of corporate social responsibility report information. The paper analyzes the characteristics of environmental sustainability practices in companies from the perspectives of transportation strategies, green packaging, green buildings, and circular economy. Policy recommendations for the low-carbon and green development of Chinese logistics service providers are provided.","PeriodicalId":484439,"journal":{"name":"Journal of Applied Economics and Policy Studies","volume":"95 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-10-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135168835","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}