Why CBA and NIMBY Syndrome Are Important Challenges to China’s BRI?

Quah Euston and Iuldashov Nursultan

Journal of Asian Economic Integration, 2020, vol. 2, issue 1, 97-114

Abstract: Abstract The purpose of this article is to make a preliminary assessment of the Belt and Road Initiative (BRI) in the context of environmental impacts and arising not-in-my-backyard (NIMBY) opposition in host countries. We discuss the use of cost-benefit analysis (CBA) in developing countries (most members of BRI) and application of the available conflict-resolution mechanisms to deal with siting issues. We review these instruments and suggest a way forward for BRI NIMBY projects. JEL Codes: O53, R58

Keywords: Belt and Road Initiative; cost-benefit analysis; not-in-my-backyard syndrome; auction mechanism (search for similar items in EconPapers)
Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:sae:jfasei:v:2:y:2020:i:1:p:97-114

DOI: 10.1177/2631684620916043

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