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A look into the Complexities of the One Belt, One Road Strategy

Sarmiza Pencea

Global Economic Observer, 2017, vol. 5, issue 1

Abstract: Well-known for their practical thinking and approaches, Chinese planners took the most simple and obvious ideea – that strong interconnections among countries favour economic activity, growth and wealth creation – and they turned this ideea into the most ambitious, bold and complex strategy: the revival of the ancient Silk Road, in a multi-dimensional, modern version, upgraded for the 21st century. This paper looks at the One Belt One Road (OBOR) strategy from the angle of complexity which springs from both its design and goals, and from its implementation which is prone to face significant challenges and risks. It examines the interests at stake, the risks involved, the potential benefits to be reaped and the nascent after-effects of this daring and far-reaching endeavour.

Keywords: Silk Road; OBOR; One Belt One Road; China; cooperation (search for similar items in EconPapers)
Date: 2017-06
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