Convergence and Divergence in Multilateral Initiatives of Leading Powers

The emergence of multilateral initiative states and integration associations of the world, including the “Belt and road” of China, the “Greater Eurasian Partnership” of the Russian Federation, the “Free and Open Indo-Pacific Region” of the USA and Japan, the “Global Gateway” of the EU is an element of the rivalry between the mentioned powers. Within the system of international relations, this trend creates a complex interdependence among States with a different position in the global socio-political and economic hierarchy. Comparing multilateral initiatives represents a relatively new and promising research topic. The authors examine the convergence or divergence of separate multilateral initiatives by an assessment of the trends in income inequality among participating States. The income inequality is obtained through a calculation of cross-border Gini index for GDP per capita. The research conclusions are following. First, the presence of the authors revealed multilateral initiatives in cooperation with developing groups in all major states - development centers and details of such projects by the PRC, USA, Russian Federation, Japan and EU. Second, the elements of goal-setting and in the composition of the participants lead to a conclusion that multilateral initiatives of great powers at the same time constitutes an example of both power projection and complex interdependence typical to the periods of globalization trend in the evolution of international relations. Furthermore, the study results showed that the rising powers Russia and China, alongside Japan – a traditional power – have less inequality and better convergence rates within their multilateral initiatives. The US initiative has the highest level of inequality, but there is a convergence. The EU initiative has both a high inequality and the minimal dynamic convergence. Thus, the approach used by the authors to assess the inequality and convergence of multilateral initiatives based on the calculation of the cross-border Gini index demonstrates comparative inequality with sufficient completeness and characterizes the processes of convergence and divergence of multilateral initiative.