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This paper employs the difference-in-differences (DID) to investigate the impact of "going global" on enterprises' financialization. Baseline estimation shows that the degree of financialization of enterprises participating in the Belt and Road Initiative was lower compared with those not...
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Nearly ten years since the official launch of the Belt and Road Initiative (BRI), an understanding of what the initiative's objectives are consolidated. However, the short-, mid-, and long-term implications of the initiative are less clear. This is reflected in academic research, as well as in...
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In 2013, China launched its ‘Belt and Road Initiative’ (BRI) as a major effort to enhance international trade and … economic development. An important feature of the BRI is that it supports free trade regimes and a world economy based upon … open regional cooperation. The concept of BRI involves establishing a transport route between China and participating …
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