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The Financial Support Granted By The New Silk Road: Implications For The Eu Member States

Author

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  • Andreea-Emanuela Drăgoi
  • Ana-Cristina Bâlgăr

Abstract

Given the current undisputed importance of the most complex project for regional cooperation and partnership launched by China – the New Silk Road –, this article aims to analyse the role and functions of the major financial institutions through which the Chinese authorities engaged to financially support the development of Belt and Road Initiative, covering extensive investments in air, rail, road and maritime transport infrastructure. Furthermore, our research discusses and describes the position of European institutions towards the above-mentioned initiative as well as the main opportunities and risks that Chinese projects may exert on the EU Member States’ transport infrastructure.

Suggested Citation

  • Andreea-Emanuela Drăgoi & Ana-Cristina Bâlgăr, 2019. "The Financial Support Granted By The New Silk Road: Implications For The Eu Member States," Euroinfo, Institute for World Economy, Romanian Academy, vol. 3(4), pages 3-20, April.
    • Handle: RePEc:iem:eurinf:v:3:y:2019:i:4:p:3-20
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    File URL: http://www.iem.ro/rem/index.php/euroinfo/article/view/697/778
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    More about this item

    Keywords

    New Silk Road (NSR); Belt and Road Initiative (BRI); funding BRI; BRI: opportunities and challenges for European Union (EU); connectivity; international finance;
    All these keywords.

    JEL classification:

    • F21 - International Economics - - International Factor Movements and International Business - - - International Investment; Long-Term Capital Movements
    • F55 - International Economics - - International Relations, National Security, and International Political Economy - - - International Institutional Arrangements
    • F63 - International Economics - - Economic Impacts of Globalization - - - Economic Development

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