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Belt and Road Economics: Opportunities and Risks of Transport Corridors

Year: 2019

Type: book

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.

Source: World Bank, Washington, DC eBooks

DOI: 10.1596/978-1-4648-1392-4

Author: World Bank

Language: English

Topic: Belt and Road Initiative

Subfield: Economics and Econometrics

Field: Economics, Econometrics and Finance

Domain: Social Sciences

SDGs: Industry, innovation and infrastructure, Decent work and economic growth

Open Access status: green

OpenAlex ID: W2949157274

FWCI: 54.28

Cites:

Cited by: 246

Related to: 10