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Belt and Road Economics

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Abstract

China proposed the Belt and Road Initiative in 2013 to improve connectivity and cooperation on a transcontinental scale. This study, by a team of World Bank Group economists led by Michele Ruta, analyzes the economics of the initiative. It assesses the connectivity gaps between economies along the initiative’s corridors, examines the costs and economic effects of the infrastructure improvements proposed under the initiative, and identifies complementary policy reforms and institutions that will support welfare maximization and mitigation of risks for participating economies.

Suggested Citation

  • World Bank, 2019. "Belt and Road Economics," World Bank Publications - Books, The World Bank Group, number 31878.
    • Handle: RePEc:wbk:wbpubs:31878
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    Citations

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    Cited by:

    1. Robert Ciborowski & Ewa Oziewicz & Sylwia Pangsy-Kania, 2021. "The Belt and Road Initiative – Shared Development or a Threat for the World Economy?," European Research Studies Journal, European Research Studies Journal, vol. 0(1), pages 364-381.
    2. Jiatao Li & Ari Van Assche & Lee Li & Gongming Qian, 2022. "Foreign direct investment along the Belt and Road: A political economy perspective," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 53(5), pages 902-919, July.
    3. Jackson, Karen & Shepotylo, Oleksandr, 2021. "Belt and road: The China dream?," China Economic Review, Elsevier, vol. 67(C).
    4. Jiatao Li & Ari Van Assche & Xiaolan Fu & Lee Li & Gongming Qian, 2022. "The Belt and Road Initiative and international business policy: A kaleidoscopic perspective," Journal of International Business Policy, Palgrave Macmillan, vol. 5(2), pages 135-151, June.
    5. Britta Kuhn, 2021. "Chinas Belt and Road Initiative wandelt sich [China’s Belt and Road Initiative Is Changing]," Wirtschaftsdienst, Springer;ZBW - Leibniz Information Centre for Economics, vol. 101(11), pages 901-905, November.
    6. Adam Sadowski & Katarzyna Wąsowska & Iwo Nowak, 2020. "Logistics Development in European Countries: The Case of Poland," European Research Studies Journal, European Research Studies Journal, vol. 0(2), pages 500-514.

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