The One Belt, One Road Initiative: Impact on Trade and Growth

James Villafuerte, Erwin Corong and Juzhong Zhuang

No 332795, Conference papers from Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project

Abstract: This paper investigates the economic impact of the One Belt, One Road (OBOR) development strategy and economic framework proposed by the People’s Rep. of China to foster greater economic connectivity and cooperation among countries in Eurasia. OBOR comprises of two key components including the land-based "Silk Road Economic Belt" (SREB) and oceangoing "Maritime Silk Road" (MSR). The SREB—which is largely analogous to the historical Silk Road—includes countries situated on the original Silk Road through Central Asia, West Asia, the Middle East, and Europe. On the other hand, the MSR—also known as the "21st Century Maritime Silk Road"—is a complementary initiative aimed at investing and fostering collaboration in Southeast Asia, Oceania, and North Africa, through several contiguous bodies of water –the South China Sea, the South Pacific Ocean, and the wider Indian Ocean area.

Keywords: International; Relations/Trade (search for similar items in EconPapers)
Date: 2016
References: View complete reference list from CitEc
Citations:

Downloads: (external link)
https://ageconsearch.umn.edu/record/332795/files/8280.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ags:pugtwp:332795

Access Statistics for this paper

More papers in Conference papers from Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project Contact information at EDIRC.
Bibliographic data for series maintained by AgEcon Search ().