This book seeks to illuminate what China's Belt and Road initiative truly means for the global south, offering historical context and explaining the vision that the Chinese State has in coordinating actions in the territorial, political and economic spheres in a multilateral pretension. How does...

Chapter 1. The Belt and Road Initiative (BRI): The South-South Cooperation (SSC) with Chinese Characteristics -- Chapter 2. The Belt and Road Initiative: China’s New Role in Geopolitics and Security Issue -- Chapter 3. The BRI and its Economic Corridors: Opportunities for Development --...

A standard repurchase agreement between two counterparties is considered to examine the endogenous choice of collateral, the feasibility of secured lending, and welfare implications of the central bank's collateral framework. As an innovation, we allow for two-sided counterparty risk. In line...