Belt and Road Initiative: Comment

Marcin Groszewski and Giuseppe T. Cirella
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Marcin Groszewski: University of Gdansk, Poland

Journal of Applied Management and Investments, 2020, vol. 9, issue 2, 63-70

Abstract: The Belt and Road Initiative (BRI) idea dates back to China’s ancient past. It is a traditional concept of creating trade routes across Asia, spanning into Europe. With clear vantage points of developing a new BRI that extends into the next few decades, China is projected to significantly dominate much of Eurasia and Africa by as early as 2030. International investment in conjunction with reciprocal initiatives interplays important steps in achieving this worldwide economic dominance. Key regional strategies include a three-pronged approach, i.e., Northern Path, Middle Path, and Southern Path, as well as crucial participation and investment into the Association of Southeast Asian Nations. China’s future development and dynamism to overtake the United States as the world’s economic leader is in part an important ambition that should not be underestimated.

Keywords: New Silk Road; macroeconomics; international trade routes; investment; dynamic synergy; China (search for similar items in EconPapers)
JEL-codes: F21 O22 O53 (search for similar items in EconPapers)
Date: 2020
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