Residential College | false |
Status | 已發表Published |
China’s Belt and Road Initiative: Reducing or Increasing the World Uncertainties? | |
Ricardo C. S. Siu | |
2019-03 | |
Source Publication | Journal of Economic Issues |
ABS Journal Level | 2 |
ISSN | 0021-3624 |
Volume | 53Issue:2Pages:571-578 |
Abstract | Although worldwide poverty, a basic concern of John Kenneth Galbraith, is reducing on average, I argue that poverty remains a critical issue in many countries. This led the Chinese government to propose the Belt and Road Initiative (BRI) in 2013. Broadly, the BRI constructs a cross-continental nexus between countries to reduce their development uncertainties by increasing their connectivity. As a result, the Chinese government has invested trillions of infrastructure dollars in projects that have been introduced to the involved countries as sovereign debt along with the participation of Chinese multinational corporations. Although evidence has shown that this initiative is gaining increasingly more support from the less-developed countries, signs of uncertainty in various forms have clearly emerged. In light of such, I propose that possible in-country political instability, political conflicts among the participating countries, national debt defaults, and competition between China and the United States of America in regional influence may have added to the underlying uncertainties that have challenged the world. |
Keyword | Belt And Road Initiative (Bri) China Multinational Corporations Planned System Poverty Uncertainty |
DOI | 10.1080/00213624.2019.1603774 |
Indexed By | SSCI |
Language | 英語English |
WOS Research Area | Business & Economics |
WOS Subject | Economics |
WOS ID | WOS:000467950700034 |
Scopus ID | 2-s2.0-85065772014 |
Fulltext Access | |
Citation statistics | |
Document Type | Journal article |
Collection | DEPARTMENT OF FINANCE AND BUSINESS ECONOMICS |
Affiliation | business economics at the University of Macau (China) |
First Author Affilication | University of Macau |
Recommended Citation GB/T 7714 | Ricardo C. S. Siu. China’s Belt and Road Initiative: Reducing or Increasing the World Uncertainties?[J]. Journal of Economic Issues, 2019, 53(2), 571-578. |
APA | Ricardo C. S. Siu.(2019). China’s Belt and Road Initiative: Reducing or Increasing the World Uncertainties?. Journal of Economic Issues, 53(2), 571-578. |
MLA | Ricardo C. S. Siu."China’s Belt and Road Initiative: Reducing or Increasing the World Uncertainties?".Journal of Economic Issues 53.2(2019):571-578. |
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