Leiden University Student Repository

Terpiłowska, Nadia (2017)

Projecting Financial Leadership: Does China have the structural power to redefine global economic governance through the Asian Infrastructure Investment Bank?

Bachelor thesis | International Studies (BA)

The aim of this thesis is to examine whether China has the structural power to redefine global economic governance through the Asian Infrastructure Investment Bank (AIIB). To understand the significance of this initiative, the topic of the AIIB will be analysed through the lens of international socialisation theory. This thesis finds that even though, China has managed to shape the AIIB in accordance with its own interests and preferences, still, in many aspects, the bank adheres to Western norms and values. In addition to this, the reforms accelerated by the establishment of the AIIB are rather limited. Clearly China is experiencing a structural power deficit, yet the establishment of the AIIB may positively influence China’s national image abroad and thus, lay a foundation for China’s future grand aspirations.

China

Asian Infrastructure Investment Bank

international socialisation theory

Author

Terpiłowska, Nadia

Faculty

Faculty of Humanities

Supervisors

Wang, Enoch

ECTS Credits

15

Language

en