Creation of the Asian Infrastructure Investment Bank as a part of China’s smart power strategy


Akcadag Alagoz E.

Pacific Review, vol.32, no.6, pp.951-971, 2019 (SSCI) identifier

  • Publication Type: Article / Article
  • Volume: 32 Issue: 6
  • Publication Date: 2019
  • Doi Number: 10.1080/09512748.2018.1519593
  • Journal Name: Pacific Review
  • Journal Indexes: Social Sciences Citation Index (SSCI), Scopus
  • Page Numbers: pp.951-971
  • Keywords: Asian Infrastructure Investment Bank, China, one belt one road, smart power, soft power
  • Istanbul Gelisim University Affiliated: Yes

Abstract

© 2018, © 2018 Informa UK Limited, trading as Taylor & Francis Group.The aim of this article is to assess the creation of the China-led Asian Infrastructure Investment Bank within the scope of China’s smart power strategy, which will help not only to analyze China’s strategic use of its coercive and co-optive capacity, but also to understand better the concept of smart power. Given that the wisdom of statecraft can only be situationally determined, through this study I will propose the ability to achieve targeted objectives, the skill to use hard and soft power instruments in such a way that they reinforce each other, good interpretation of the existing regional and global contexts, time planning, and compatibility with long-term interests as criteria for judging the effectiveness of a smart power implementation.