Portfolio Institutionalism:An Empirical Study of China-Arab States Cooperation Forum
On the basis of historical institutionalism,rational choice institutionalism and social construction institutionalism,this paper puts forward the concept of"portfolio institutionalism",and highlights that,based on the principles of"equality and mutual benefit,pragmatism,diversification and common development",China and Arab countries have eliminated the institutional deficit in China-Arab cooperation through institutional superposition,transaction cost reduction and institutional integration,and have formed the core,key,extended and radiation mechanisms.Since the beginning of the 21st century,China-Arab relations have evolved from pragmatic bilateral cooperation to multilateral institutionalization,and the China-Arab States Cooperation Forum(CASCF)came into being.The China-Arab cooperation mechanism has fostered the bilateral relations from the"new partnership"to strategic cooperation,and from strategic partnership to a community with a shared future for mankind.Looking ahead,internally,the institutionalization of CASCF should strengthen their overall coordination to avoid inefficient duplication caused by the dilution of various sub-mechanisms;externally,it is necessary to cope with the impact of major power institutional competition,and prevent institutional surplus due to the oversupply of the multilateral institutions.China and the Arab states should strengthen mutual engagements in the major fields of politics,economy and trade,humanities,science and technology,and security to stimulate the vitality of various mechanisms under CASCF and generate a holistic effect to serve China-Arab cooperation in the new era.
China-Arab States Cooperation ForumregionalismChina-Arab relationsportfolio institutionalisminstitutional stacking