Overview
Reviews the evolving BRI vision and explores the economic and geopolitical implications of the BRI
Provides simulation results of a computational general equilibrium model of the world economy to estimate the macroeconomic impacts of the BRI
Presents the results of an Asia-wide online perception survey of opinion leaders, the first ever attempt to do so
Offers a benefit-risk assessment of China’s initiatives on various Asian regions, East Asia, South Asia and Central Asia
Provides policy recommendations to improve the BRI on the basis of research-based, model-based and perception-based findings
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Table of contents (8 chapters)
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Front Matter
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Back Matter
Keywords
About this book
The Belt and Road Initiative (BRI), officially unveiled in 2013, is Chinese President Xi Jinping’s signature foreign and economic policy initiative to achieve improved connectivity, regional cooperation, and economic development on a trans-continental scale. This book reviews the evolving BRI vision and offers a benefit-risk assessment of the BRI’s economic and geopolitical implications from the perspective of Asian stakeholder countries, using both qualitative and quantitative research methods. Among the value added of the book is first an online perception survey of opinion leaders from Asian participating countries on various aspects of the initiative. To our best knowledge, the survey is the first of its kind. Second, the book presents the simulation results of a computable general equilibrium model of the world economy to estimate the potential macroeconomic impacts of the BRI as a whole and those of its constituent overland and maritime economic corridors. Third, the book makes ten key evidence-based policy recommendations on how to enhance the prospect of a successful and mutually beneficial BRI 2.0 to both China and stakeholder countries.
Authors and Affiliations
About the authors
Dr Xianbai Ji is a Research Fellow with the International Political Economy programme at S. Rajaratnam School of International Studies (RSIS), Nanyang Technological University, Singapore. He obtained his PhD from RSIS, Singapore, as a Nanyang President’s Scholar.
Bibliographic Information
Book Title: China’s Belt and Road Initiative
Book Subtitle: Impacts on Asia and Policy Agenda
Authors: Pradumna B. Rana, Xianbai Ji
DOI: https://doi.org/10.1007/978-981-15-5171-0
Publisher: Palgrave Macmillan Singapore
eBook Packages: Economics and Finance, Economics and Finance (R0)
Copyright Information: The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Singapore Pte Ltd. 2020
Hardcover ISBN: 978-981-15-5170-3Published: 31 July 2020
Softcover ISBN: 978-981-15-5173-4Published: 01 August 2021
eBook ISBN: 978-981-15-5171-0Published: 30 July 2020
Edition Number: 1
Number of Pages: XX, 186
Number of Illustrations: 28 b/w illustrations
Topics: International Economics, Asian Economics, Economic Policy