BELT AND ROAD INITIATIVE: OVERVIEW, OBJECTIVES AND IMPLICATIONS
The article aims to analyze the PRC’s Silk Road Economic Belt and 21st Century Maritime Silk Road, called the Belt and Road Initiative (BRI). It provides initiative assessment: overview, conceptualization, institutionalization and key priorities. Three interconnected groups of objectives define BRI:...
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| Format: | Article |
| Language: | English |
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Jurist, Publishing Group
2018-06-01
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| Series: | Сравнительная политика |
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| Online Access: | https://www.sravpol.ru/jour/article/view/839 |
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| author | A. A. Kireeva |
| author_facet | A. A. Kireeva |
| author_sort | A. A. Kireeva |
| collection | DOAJ |
| description | The article aims to analyze the PRC’s Silk Road Economic Belt and 21st Century Maritime Silk Road, called the Belt and Road Initiative (BRI). It provides initiative assessment: overview, conceptualization, institutionalization and key priorities. Three interconnected groups of objectives define BRI: China’s economic development goals, trade, investment policy and foreign policy. The BRI is set to provide stimulus to China’s development with new external and internal sources of economic growth amid ongoing China’s economic transformation, deal with structural problems, foster high-quality production and transition to innovative development model while upgrading its involvement into regional and global value chains. Chinapositions BRI as a new mega-project of regional integration with Chinaas its leader, capable of providing public goods. It aims to create alternative energy and transport routes, improve relations with neighboring countries, alleviate concerns over China’s rise in politics, security and economics and form positive sentiments in its neighborhood. The BRI has become a key dimension of China’s economic and foreign policy with a strategic goal to consolidate China’s periphery with economic means in the first place. The BRI has the potential to provide enormous stimulus to the development and integration of Asia and Eurasia, simultaneously determining the prospects of China’s becoming a dominant power in East Asia and Eurasia and realizing the ‘Chinese dream’. |
| format | Article |
| id | doaj-art-e4879e1c54414c8cbfb12891e562adc4 |
| institution | DOAJ |
| issn | 2221-3279 2412-4990 |
| language | English |
| publishDate | 2018-06-01 |
| publisher | Jurist, Publishing Group |
| record_format | Article |
| series | Сравнительная политика |
| spelling | doaj-art-e4879e1c54414c8cbfb12891e562adc42025-08-20T03:01:32ZengJurist, Publishing GroupСравнительная политика2221-32792412-49902018-06-0193617410.18611/2221-3279-2018-9-3-61-74543BELT AND ROAD INITIATIVE: OVERVIEW, OBJECTIVES AND IMPLICATIONSA. A. Kireeva0MGIMO UniversityThe article aims to analyze the PRC’s Silk Road Economic Belt and 21st Century Maritime Silk Road, called the Belt and Road Initiative (BRI). It provides initiative assessment: overview, conceptualization, institutionalization and key priorities. Three interconnected groups of objectives define BRI: China’s economic development goals, trade, investment policy and foreign policy. The BRI is set to provide stimulus to China’s development with new external and internal sources of economic growth amid ongoing China’s economic transformation, deal with structural problems, foster high-quality production and transition to innovative development model while upgrading its involvement into regional and global value chains. Chinapositions BRI as a new mega-project of regional integration with Chinaas its leader, capable of providing public goods. It aims to create alternative energy and transport routes, improve relations with neighboring countries, alleviate concerns over China’s rise in politics, security and economics and form positive sentiments in its neighborhood. The BRI has become a key dimension of China’s economic and foreign policy with a strategic goal to consolidate China’s periphery with economic means in the first place. The BRI has the potential to provide enormous stimulus to the development and integration of Asia and Eurasia, simultaneously determining the prospects of China’s becoming a dominant power in East Asia and Eurasia and realizing the ‘Chinese dream’.https://www.sravpol.ru/jour/article/view/839chinaone belt, one roadbelt and road initiativeeconomic silk road bankmaritime silk roadeast asiaeurasiaasian infrastructure investment bankregional integrationtrans-regionalism |
| spellingShingle | A. A. Kireeva BELT AND ROAD INITIATIVE: OVERVIEW, OBJECTIVES AND IMPLICATIONS Сравнительная политика china one belt, one road belt and road initiative economic silk road bank maritime silk road east asia eurasia asian infrastructure investment bank regional integration trans-regionalism |
| title | BELT AND ROAD INITIATIVE: OVERVIEW, OBJECTIVES AND IMPLICATIONS |
| title_full | BELT AND ROAD INITIATIVE: OVERVIEW, OBJECTIVES AND IMPLICATIONS |
| title_fullStr | BELT AND ROAD INITIATIVE: OVERVIEW, OBJECTIVES AND IMPLICATIONS |
| title_full_unstemmed | BELT AND ROAD INITIATIVE: OVERVIEW, OBJECTIVES AND IMPLICATIONS |
| title_short | BELT AND ROAD INITIATIVE: OVERVIEW, OBJECTIVES AND IMPLICATIONS |
| title_sort | belt and road initiative overview objectives and implications |
| topic | china one belt, one road belt and road initiative economic silk road bank maritime silk road east asia eurasia asian infrastructure investment bank regional integration trans-regionalism |
| url | https://www.sravpol.ru/jour/article/view/839 |
| work_keys_str_mv | AT aakireeva beltandroadinitiativeoverviewobjectivesandimplications |