Belt and Road Economics: Opportunities and Risks of Transport Corridors
By Michele Ruta, Matias Herrera Dappe, Somik V. Lall, Chunlin Zhang. 2019
191 citations recorded by the source corpus.
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.
Subfields: Accounting, Economics and Econometrics, Strategy and Management
View Paper: https://www.semanticscholar.org/paper/0b3a212ace20264ef91b5358ba0f2f81b2a60431
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Citations in the corpus
- Foreign direct investment along the Belt and Road: A political economy perspective (2021, background): “Many BRI countries – particularly the small, landlocked, and fragile – face significant infrastructural deficits that have left them poorly integrated in regional and world markets (Ruta et al., 2019).”