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Why CBA and NIMBY Syndrome Are Important Challenges to China’s BRI?

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  • Quah Euston
  • Iuldashov Nursultan

Abstract

The purpose of this article is to make a preliminary assessment of the Belt and Road Initiative (BRI) in the context of environmental impacts and arising not-in-my-backyard (NIMBY) opposition in host countries. We discuss the use of cost-benefit analysis (CBA) in developing countries (most members of BRI) and application of the available conflict-resolution mechanisms to deal with siting issues. We review these instruments and suggest a way forward for BRI NIMBY projects. JEL Codes: O53, R58

Suggested Citation

  • Quah Euston & Iuldashov Nursultan, 2020. "Why CBA and NIMBY Syndrome Are Important Challenges to China’s BRI?," Journal of Asian Economic Integration, , vol. 2(1), pages 97-114, April.
    • Handle: RePEc:sae:jfasei:v:2:y:2020:i:1:p:97-114
    DOI: 10.1177/2631684620916043
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    References listed on IDEAS

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    1. Kunreuther, Howard & Kleindorfer, Paul R, 1986. "A Sealed-Bid Auction Mechanism for Siting Noxious Facilities," American Economic Review, American Economic Association, vol. 76(2), pages 295-299, May.
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    More about this item

    Keywords

    Belt and Road Initiative; cost-benefit analysis; not-in-my-backyard syndrome; auction mechanism;
    All these keywords.

    JEL classification:

    • O53 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Asia including Middle East
    • R58 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis - - - Regional Development Planning and Policy

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