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Trans-Eurasian Container Traffic: a Belt and Road Success Story

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  • Vinokurov, Evgeny

Abstract

Countries in Northern and Central Eurasia, including its largest economies, Russia and Kazakhstan, were among early believers in the value of the Belt and Road Initiative. Over the last years, they increasingly embraced various aspects of the BRI, most importantly additional investment and rising volumes of trans-Eurasian traffic. The latter, apart from being a lucrative business on its own, should eventually lead to better internal connectivity between inner-Eurasian regions. In this article I provide data and estimates for the spectacular growth of the volumes of trans-Eurasian container transit. Then I move to explain the underlying reasons and prospects. Finally, there are important remarks on the issue of financing, the role of China, and the role of international financial institutions.

Suggested Citation

  • Vinokurov, Evgeny, 2020. "Trans-Eurasian Container Traffic: a Belt and Road Success Story," MPRA Paper 98972, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:98972
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    References listed on IDEAS

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    1. Vinokurov, Evgeny & Libman, Alexander, 2012. "Eurasian Integration: Challenges of Transcontinental Regionalism," MPRA Paper 61639, University Library of Munich, Germany.
    2. Vinokurov, Evgeny, 2017. "Eurasian Economic Union: Current state and preliminary results," Russian Journal of Economics, Elsevier, vol. 3(1), pages 54-70.
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    Cited by:

    1. Evgeny Y. Vinokurov & Arman Ahunbaev & Alexander I. Zaboev, 2022. "International North–South Transport Corridor: Boosting Russia's "pivot to the South" and Trans-Eurasian connectivity," Russian Journal of Economics, ARPHA Platform, vol. 8(2), pages 159-173, July.

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    More about this item

    Keywords

    Belt and Road Initiative; Central Asia; transport corridors; Russia; international financial institutions;
    All these keywords.

    JEL classification:

    • F15 - International Economics - - Trade - - - Economic Integration
    • F21 - International Economics - - International Factor Movements and International Business - - - International Investment; Long-Term Capital Movements
    • F34 - International Economics - - International Finance - - - International Lending and Debt Problems
    • R41 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Transportation Economics - - - Transportation: Demand, Supply, and Congestion; Travel Time; Safety and Accidents; Transportation Noise

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