The Benefit of Belt and Road Initiative for Central Africa and China: A Case Study of Sub-Saharan African Countries

Ines Pamela Nguembi, Zhang Yanrong and Haidar Salaheldeen Abdalla

International Journal of Economics and Finance, 2021, vol. 13, issue 5, 105

Abstract: On a historical account, the apparent lack of documented economic data (accurate information) on the research budget and flexible schedule hinders economic growth and development. When the gravity model has been used for analysis a positive statistically important relationship has been found between transport facilities, continuity, and two-sided trade. However, the connection between transport facilities, continuity, and bilateral commerce on one hand and available documented economic data or information on another hand was missing. To determine how the availability of standard documented economic data or information squeezed economic growth and development as well as the relevance of this relationship; the authors analyzed this relationship. The BRI, Chinas’ majestic idea of an economic belt created from the old road, covers almost all routes across Asia, Europe, and Africa. In the BRI area, the development of a sea, air, and road transport link among trading partners are relevant with a big scale influence on perfecting commerce. This brings to the fore, the second-most important influence, which is a testament to the road, sea transport, and number consistency. Also, transport service quality which has an important influence on bilateral commerce was studied. Our results purposes and guidance are that a standard investment in roads; total commerce in the BRI member countries (the central African countries (CAC) included) could become more valuable. Hence, perfecting transport facilities could lead to a win-win situation with a strong influence on commerce.

Date: 2021
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://www.ccsenet.org/journal/index.php/ijef/article/download/0/0/45179/47888 (application/pdf)
http://www.ccsenet.org/journal/index.php/ijef/article/view/0/45179 (text/html)

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:ibn:ijefaa:v:13:y:2021:i:5:p:105

Access Statistics for this article

More articles in International Journal of Economics and Finance from Canadian Center of Science and Education Contact information at EDIRC.
Bibliographic data for series maintained by Canadian Center of Science and Education ().