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This study focuses on the most recent development of Chinese overseas investment and construction and of the Belt and Road Initiative (BRI) in 2019-23, from a project-oriented perspective. As a source we use data of the China Global Investment Tracker (CGIT) of the American Enterprise Institute....
Persistent link: https://www.econbiz.de/10014517442
For the study of economic integration, it is costumary to use a three countryworld, where two of the countries may introduce forms of closer economic cooperation. In the present model, we follow this tradition but put special emphasis on the role of credit and entrepreneurship. Our model is of...
Persistent link: https://www.econbiz.de/10012142298
(ADB) in the Central Asia Regional Economic Cooperation (CAREC) program. To do this, we applied a combination of geographic …-funded transportation reforms in the CAREC program. Then, using econometric analyses, we examine the direct impacts of transport time on the …-part model, we find that the ADB transportation reforms in CAREC countries increase the trade values for existing exporters by 3 …
Persistent link: https://www.econbiz.de/10014297972
Lack of adequate infrastructure is a significant inhibitor to increased trade of the countries of the Mediterranean region. Bringing their transport infrastructure to standards comparable with countries of a similar per capita GDP will be costly but worthwhile. We compare the current quantities...
Persistent link: https://www.econbiz.de/10010326602
Asia Regional Economic Cooperation (CAREC) programs. It also finds that ADB road investment has made a significant …
Persistent link: https://www.econbiz.de/10010507473
Economic integration is being inhibited by the poor state of transport connectivity between Bangladesh, and South Asia and Southeast Asia. This study reviews connectivity initiatives of Bangladesh and the two neighboring regions and proposes ways to deepen regional and interregional...
Persistent link: https://www.econbiz.de/10011310995
This paper empirically tests the hypothesis that landed elites may block technological change and economic development if they fear that they will lose future political power (Acemoglu and Robinson (2002, 2006, and 2012). It exploits a plausible exogenous change in the distribution of political...
Persistent link: https://www.econbiz.de/10011917048
Despite more than two decades of economic integration efforts, levels of spatial development inequality remain high within the Southern African Development Community (SADC). Owing to persistent delays in the implementation of the SADC integration agenda, infrastructure connectivity is still...
Persistent link: https://www.econbiz.de/10012424082
This paper discusses the causes and consequences of the current trend in which a principal driver of growth is inward remittances by workers deployed overseas. The main benefit of the phenomenon is an easing of the fiscal burden arising from the effectively large transfer from workers to the...
Persistent link: https://www.econbiz.de/10010398501
This paper establishes a general equilibrium trade model and adopts the "market access" approach to measure the impact of the high-speed railway (HSR) network on the economic growth of 110 of the main prefecture-level cities of the People's Republic of China, for which we manually collect the...
Persistent link: https://www.econbiz.de/10011944236