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Belt and Road Initiative: Comment

Author

Listed:
  • Marcin Groszewski

    (University of Gdansk, Poland)

  • Giuseppe T. Cirella

    (University of Gdansk, Poland)

Abstract

The Belt and Road Initiative (BRI) idea dates back to China’s ancient past. It is a traditional concept of creating trade routes across Asia, spanning into Europe. With clear vantage points of developing a new BRI that extends into the next few decades, China is projected to significantly dominate much of Eurasia and Africa by as early as 2030. International investment in conjunction with reciprocal initiatives interplays important steps in achieving this worldwide economic dominance. Key regional strategies include a three-pronged approach, i.e., Northern Path, Middle Path, and Southern Path, as well as crucial participation and investment into the Association of Southeast Asian Nations. China’s future development and dynamism to overtake the United States as the world’s economic leader is in part an important ambition that should not be underestimated.

Suggested Citation

  • Marcin Groszewski & Giuseppe T. Cirella, 2020. "Belt and Road Initiative: Comment," Journal of Applied Management and Investments, Department of Business Administration and Corporate Security, International Humanitarian University, vol. 9(2), pages 63-70, June.
    • Handle: RePEc:ods:journl:v:9:y:2020:i:2:p:63-70
    as

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    References listed on IDEAS

    as
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    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    New Silk Road; macroeconomics; international trade routes; investment; dynamic synergy; China;
    All these keywords.

    JEL classification:

    • F21 - International Economics - - International Factor Movements and International Business - - - International Investment; Long-Term Capital Movements
    • O22 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Project Analysis
    • O53 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Asia including Middle East

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