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Challenges, Opportunities and Prospects of Cooperation Under The 16+1 And Belt and Road Initiative

Author

Listed:
  • SUN JIE

    (IWE)

Abstract

- The world economy could be divided into several zones, and according to the basic framework of economic theory, trade which promoted by labor division, will increase productivity, give incentive to growth and improve welfare. The BRI intends to strengthen cooperation among relevant countries by facilities connection, convoy the ideas of open, harmony and inclusive development by market–oriented actions. Cooperation under the 16+1 and the BRI aims at building jointly, facing challenges together and sharing benefits mutually.

Suggested Citation

  • Sun Jie, 2019. "Challenges, Opportunities and Prospects of Cooperation Under The 16+1 And Belt and Road Initiative," Global Economic Observer, "Nicolae Titulescu" University of Bucharest, Faculty of Economic Sciences;Institute for World Economy of the Romanian Academy, vol. 7(1), June.
    • Handle: RePEc:ntu:ntugeo:vol7-iss1-179
    as

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    More about this item

    Keywords

    16+1; BRI; trade;
    All these keywords.

    JEL classification:

    • F - International Economics
    • F0 - International Economics - - General

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