Economic Implications of China’s Belt and Road Initiative (BRI): The Case of Bangladesh

2019 ◽  
Vol 02 (04) ◽  
pp. 1950021
Author(s):  
Rashed Al Mahmud Titumir ◽  
Md. Zahidur Rahman

The paper provides an alternative framework to identify the compulsions and contradictions arising out of China’s Belt and Road Initiative (BRI) as voluminous literature, stemming from the perspectives of realism and liberalism are either marred in assertive dogmatization or excessive apprehensions or non-feasible (lack of) solutions. Taking into such inadequacies of existing approaches into account, the paper also attempts to chalk out elements for a new form of cooperation under the BRI. Using Bangladesh as a case study, it suggests for integration of production network, transfer of technology and sharing of risk of capital as necessary condition as well as alignment of domestic political settlement and normative legitimacy as sufficient condition to achieve mutual stability and growth outcomes.

2021 ◽  
Vol 108 ◽  
pp. 105560
Author(s):  
Fabio Carlucci ◽  
Carlo Corcione ◽  
Paolo Mazzocchi ◽  
Barbara Trincone

Antiquity ◽  
2017 ◽  
Vol 91 (359) ◽  
pp. 1401-1411
Author(s):  
Robert Witcher

Is the era of globalisation on the wane or on the cusp of a new phase of extraordinary expansion? US president Trump's abandonment of trade agreements and the rise of protectionism coincide with China's ‘Belt and Road Initiative’, an unprecedented investment in infrastructure across Asia, Europe and North Africa to improve the connectivity of China with its markets by both land and sea. The future is therefore anyone's guess, but what about the past? There has been much discussion by archaeologists about ancient globalisations (most recently, Hodos 2017), but archaeological studies have often typically been set within the looser framework of ‘connectivity’—the interconnectedness of people and places and the movement of material culture and ideas. The books reviewed here are concerned with various aspects of connectivity, focusing on the Eastern Mediterranean and its European hinterland. All of the volumes are edited collections, each adopting a different unifying theme—the influence of Braudel, a single country as microcosm, the transfer of technology, changevstradition, and the effects of boundaries and frontiers. Do any wider insights into connectivity in the past emerge? And where might archaeological studies of connectivity go next?


2021 ◽  
Vol 13 (04) ◽  
pp. 5-18
Author(s):  
Zahid Shahab AHMED ◽  
Ahsan HANIF ◽  
Baogang HE

This article conducts a case study of China’s influence on Pakistan by collecting and analysing news coverage from two prominent English and Urdu newspapers in Pakistan for a five-year period between 2013 and 2018. It compares the changes in newspaper reporting before and after the launch of the China–Pakistan Economic Corridor (CPEC) in 2015. Analysis has shown a significant increase in positive reporting on the CPEC and China. The case of Pakistan is representative of its recognition of China’s soft power in a developing country, thus offering a new perspective on China’s goodwill vis-à-vis the Belt and Road Initiative.


2020 ◽  
pp. 1-22
Author(s):  
Sanja Bogojević ◽  
Mimi Zou

Abstract Infrastructure is often viewed through global and promotional lenses, particularly its role in creating market connectivity. However, infrastructure is heavily dependent on and constitutive of local spaces, where ‘frictions’, or disputes, emerge. Drawing on the Belt and Road Initiative (BRI) as a case study, we examine in detail two cases of BRI-related climate change litigation – one in Pakistan, and one in Kenya – that shed light on the frictions arising from what is deemed the most significant transnational infrastructure project of our time. In doing so, this study demonstrates how infrastructure can be made more visible in environmental law and how environmental law itself provides an important mechanism for stabilizing friction in the places where infrastructure is located.


2019 ◽  
Vol 02 (03) ◽  
pp. 1950020
Author(s):  
Rashed Al Mahmud Titumir ◽  
Md. Zahidur Rahman

The paper presents a new framework in explaining the geostrategic compulsions arising out of China’s Belt and Road Initiative (BRI) with particular emphasis on finding the implications on Bangladesh amidst a translation of erstwhile pacifist Indo-Pacific region to a point of strategic importance. The framework, on the contrary to the exuberances of voluminous literature by liberals and realists, analyzes the internal compulsions stemming from a particular political settlement of the countries involved. While most available accounts typically urge to strike a “delicate balance”, but hardly any exercise has been carried out on how to achieve such balance. The paper makes an attempt to work out the balancing mechanism. The paper also identifies the conditions for mutual stability and growth by outlining equiangular development diplomacy — the optimal outcome that can be reached if there is an alignment of necessary, sufficient and sustainability conditions amongst the collaborating and/or contending partners. The sustenance of such partnership is dependent upon normative legitimacy arising from broad-based social approval along the lines of particular political settlement.


2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Juan Enrique Serrano Moreno ◽  
Diego Telias ◽  
Francisco Urdinez

PurposeThe objective of this study is to address the diplomatic and economic implications of the participation of Latin America and the Caribbean (LAC) countries in the Belt and Road Initiative (BRI).Design/methodology/approachThe study examines official documents related to the BRI and LAC's signing of the Memorandum of Understanding within the framework of the BRI (MoUs) in order to look into what it means to join the BRI. Additionally, it also introduces the findings of articles in Asian Education and Development Studies' current issue published in 2020.FindingsIn LAC, the BRI does not represent a new policy, but rather the updating and rebranding of a pre-existing one. The BRI primarily consists of an official discursive framework which aims to build a coherent narrative for a wide range of different projects and policies geared toward the improvement of connectivity with China through the development of trade and investments. However, most of these projects were implemented prior to the BRI. Pragmatism lies at the core of this framework which neither has a regulated accession process nor any binding effects. As a result, the signing the MoU represents, foremost, a diplomatic mise-en-scène. The study operates under the belief that BRI membership is not dichotomous; rather, it must be observed in terms of the countries' level of participation. In line with this, the implementation of a generalized BRI policy in LAC countries would not be advisable. Moreover, it must be noted that the BRI's reach to Latin America can be rather problematic due to the fact that the latter was not initially a participant.Originality/valueThe study aims to explore the significance of the BRI beyond the official discourse and discuss the involvement of LAC countries in it. Scholars studying the BRI in other regions have noted that there is not enough information on this policy in the context of LAC.


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