Work

Evaluating Pakistan's Engagement with the Belt and Road Initiative (BRI) and Build Back Better World (B3W): Present and Future Perspectives

Year: 2024

Type: article

Abstract: In contemporary times, the pursuit of a sustainable geoeconomics policy is now a requirement. Launched in 2013, China’s Belt and Road Initiative (BRI) aims to enhance economic integration through substantial infrastructure development. Announced in 2021, G7’s Build Back Better World (B3W) also concentrates on sustainable development, with a special emphasis on health, climate security and gender equality. Pakistan, positioned at a geopolitical crossroad, as well as a vital component of the China-Pakistan Economic Corridor (CPEC), stands to be affected by both BRI and B3W initiatives. In tandem, both initiatives complement each other. This research will do a comparative analysis of both projects and will use geopolitical realism to understand the various strategic facets and outcomes as well as underscore the broader consequences of BRI and B3W for global development.

Source: BTTN Journal

DOI: 10.61732/bj.v3i2.120

Authors: Sanwal Hussain Kharl, Arhama Siddiqa, Saqib Khan Warraich

Institutions: University of Central Punjab, Government College University, Lahore

Language: English

Topic: Belt and Road Initiative

Subfield: Economics and Econometrics

Field: Economics, Econometrics and Finance

Domain: Social Sciences

SDG: Industry, innovation and infrastructure

Open Access status: diamond

OpenAlex ID: W4405949361

FWCI: 1.062

Cites: 41

Cited by: 3

Related to: 10