New journal article on China, AIIB and the liberal international order

A peer-reviewed journal article I have co-authored with Zeynepcan Akar, titled “China’s Relationship with the Liberal International Order: The Case of the Asian Infrastructure Investment Bank” was published in Marmara University Journal of Political Science.

The abstract of the paper is as follows:

As the world enters the third decade of the 21st century, the liberal international order founded in the aftermath of the Second World War and has since provided a framework within which world affairs take place, is experiencing a crisis of sustainability, because while on the one hand the Western world that has created the system is going through a period where its own liberal values and norms are eroding, on the other hand the very order has not been able to accommodate the rise of non-Western powers most of which are governed by authoritarian regimes. One of these powers, China, merits greater attention, not only because it has reached the status of a global economic behemoth seeking to making rules rather than taking them by becoming an integral part of the system rather than conflicting it, but also because there is an inherent paradox to its relationship with the liberal international order: China has benefited from the liberal international order for its economic rise, yet at the same time this rise is also said to be a challenge against the very order itself. In an attempt to tackle this paradox, this essay focuses on an institutional form of this country’s involvement in the governance of the international economic order, the Asian Infrastructure Investment Bank (AIIB), a Chinese-led multinational development bank that commenced operations in 2016, and investigates whether AIIB complements the structures of the existing order or aims to substitute them, in order to contribute to a better understanding of China’s relationship liberal international order.

The paper can be downloaded here.