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The “New Silk Road” and the Black Sea Region

Author

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  • Georgi Chankov

    (University of National and World Economy, Sofia, Bulgaria)

Abstract

A couple of years ago started a huge eco­nomical and political project, aimed at restoring the old Silk Road and reconnecting via rail and road the Chinese producer’s with the European market. Simultaneously the project should en­sure access to the energy resources of Central Asia. The project is driven by China because of its needs and its potential. There is rivalry among the possible participants for choosing the right March routes and the concomitant „Economic belt” of accelerated development. Though external power, the USA also try to con­trol the progress of the project on the so called “Great Chessboard” (Zb.Brzezinski). One possible March route to Europe crosses the Black sea region and offers Bul­garia the opportunity of becoming a regional logistic centre. While the neighboring coun­tries seek actively China’s partnership and drive their own projects as part of the great one, Bulgaria remains passive, taking the risk of being rounded once again, despite the fa­vorable location.

Suggested Citation

  • Georgi Chankov, 2015. "The “New Silk Road” and the Black Sea Region," Ikonomiceski i Sotsialni Alternativi, University of National and World Economy, Sofia, Bulgaria, issue 3, pages 40-61, October.
    • Handle: RePEc:nwe:iisabg:y:2015:i:3:p:40-61
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    Keywords

    silk road; black sea region;

    JEL classification:

    • F01 - International Economics - - General - - - Global Outlook

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