Trans-Eurasian Container Traffic: a Belt and Road Success Story
Evgeny Vinokurov
Authors registered in the RePEc Author Service: Евгений Юрьевич Винокуров
MPRA Paper from University Library of Munich, Germany
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.
Keywords: Belt and Road Initiative; Central Asia; transport corridors; Russia; international financial institutions (search for similar items in EconPapers)
JEL-codes: F15 F21 F34 R41 (search for similar items in EconPapers)
Date: 2020-02
New Economics Papers: this item is included in nep-cis, nep-tra and nep-tre
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:98972
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