THE FINANCIAL SUPPORT GRANTED BY THE NEW SILK ROAD: IMPLICATIONS FOR THE EU MEMBER STATES

Andreea-Emanuela Drăgoi and Ana-Cristina Bâlgăr

Euroinfo, 2019, vol. 3, issue 4, 3-20

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.

Keywords: New Silk Road (NSR); Belt and Road Initiative (BRI); funding BRI; BRI: opportunities and challenges for European Union (EU); connectivity; international finance (search for similar items in EconPapers)
JEL-codes: F21 F55 F63 (search for similar items in EconPapers)
Date: 2019
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Persistent link: https://EconPapers.repec.org/RePEc:iem:eurinf:v:3:y:2019:i:4:p:3-20

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