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Author: Sachin Chaturvedi Publisher: Springer Nature ISBN: 9811555508 Category : Business & Economics Languages : en Pages : 259
Book Description
This book is a rich addition to the existing knowledge on models of development partnership among developing countries. Unlike the Belt and Road Initiative (BRI), which exclusively focuses on physical infrastructure development with a strong financing component by China, the Asia–Africa Growth Corridor (AAGC) envisages a holistic approach toward development partnership based on the spirit of triangular cooperation, demystifying the donor-recipient model of development cooperation. By integrating four distinct pillars of cooperation – connectivity and physical infrastructure, capacity building and skill development, development cooperation projects, and people-to-people and business-to-business partnerships – the book provides a succinct account of how a demand-driven people-centric model of engagement among Asian and African countries could help achieve inclusive and sustainable development without creating any fatal dependence on specific countries or institutions for external funding. In sixteen chapters, the book covers various theoretical, analytical, and policy discussions with respect to the concept and modalities of the growth corridor approach under the free, open, and inclusive Indo-Pacific; potential opportunities and challenges in economic sectors and fields like agriculture, manufacturing, trade and investment, urbanization, industrialization, human resource development, and the blue economy; social sector priorities including health, education, skill development, disaster management, and women’s participation; and policy issues relating to trade facilitation, the identification of joint projects, modalities and instruments of project execution, and related aspects. The book offers a valuable resource for students and research scholars working in the fields of development economics, development cooperation, international political economy, and international economic relations. It also serves as a handbook for governments and policymakers on issues concerning the suitability of development projects, sources of and innovations in financing, implementation and execution challenges, private sector involvement, and so on.
Author: Sachin Chaturvedi Publisher: Springer Nature ISBN: 9811555508 Category : Business & Economics Languages : en Pages : 259
Book Description
This book is a rich addition to the existing knowledge on models of development partnership among developing countries. Unlike the Belt and Road Initiative (BRI), which exclusively focuses on physical infrastructure development with a strong financing component by China, the Asia–Africa Growth Corridor (AAGC) envisages a holistic approach toward development partnership based on the spirit of triangular cooperation, demystifying the donor-recipient model of development cooperation. By integrating four distinct pillars of cooperation – connectivity and physical infrastructure, capacity building and skill development, development cooperation projects, and people-to-people and business-to-business partnerships – the book provides a succinct account of how a demand-driven people-centric model of engagement among Asian and African countries could help achieve inclusive and sustainable development without creating any fatal dependence on specific countries or institutions for external funding. In sixteen chapters, the book covers various theoretical, analytical, and policy discussions with respect to the concept and modalities of the growth corridor approach under the free, open, and inclusive Indo-Pacific; potential opportunities and challenges in economic sectors and fields like agriculture, manufacturing, trade and investment, urbanization, industrialization, human resource development, and the blue economy; social sector priorities including health, education, skill development, disaster management, and women’s participation; and policy issues relating to trade facilitation, the identification of joint projects, modalities and instruments of project execution, and related aspects. The book offers a valuable resource for students and research scholars working in the fields of development economics, development cooperation, international political economy, and international economic relations. It also serves as a handbook for governments and policymakers on issues concerning the suitability of development projects, sources of and innovations in financing, implementation and execution challenges, private sector involvement, and so on.
Author: David Henley Publisher: Bloomsbury Publishing ISBN: 1783602805 Category : Business & Economics Languages : en Pages : 323
Book Description
Why have South-East Asian countries like Malaysia, Indonesia and Vietnam been so successful in reducing levels of absolute poverty, while in African countries like Kenya, Nigeria and Tanzania, despite recent economic growth, most people are still almost as poor as they were half a century ago? This book presents a simple, radical explanation for the great divergence in development performance between Asia and Africa: the absence in most parts of Africa, and the presence in Asia, of serious developmental intent on the part of national political leaders.
Author: Jagannath P. Panda Publisher: ISBN: 9789386618429 Category : Business & Economics Languages : en Pages : 0
Book Description
This book analyses the competing power politics that exists between the three major Asian powers - China, India and Japan - on infrastructural development across the Indo-Pacific. It examines the competing policies and perspectives of these Asian powers on infrastructure developmental initiatives and explores the commonalities and contradictions between them that shape their ideas and interests. In brief, the volume looks into the strategic contention that exists between China`s "Belt and Road Initiative" (BRI; earlier officially known as "One Belt, One Road" - OBOR) and Japan`s "Expanded Partnership for Quality Infrastructure" (PQI) and initiatives like the Asia-Africa Growth Corridor (AAGC) that position India`s geostrategic and geo-economic interests in between these two competing powers and their mammoth infrastructural initiatives.
Author: World Bank Publisher: World Bank Publications ISBN: 1464814651 Category : Business & Economics Languages : en Pages : 199
Book Description
China proposed the Belt and Road Initiative in 2013 to improve connectivity and cooperation on a transcontinental scale. This study, by a team of World Bank Group economists led by Michele Ruta, analyzes the economics of the initiative. It assesses the connectivity gaps between economies along the initiative’s corridors, examines the costs and economic effects of the infrastructure improvements proposed under the initiative, and identifies complementary policy reforms and institutions that will support welfare maximization and mitigation of risks for participating economies.
Author: Cai Fang Publisher: Taylor & Francis ISBN: 1000583449 Category : Political Science Languages : en Pages : 899
Book Description
The second edition of The Routledge Handbook of the Belt and Road encompasses the many recent developments across the Belt and Road Initiative (BRI) from 2019 to 2021, while retaining the comprehensive introduction to BRI from the first edition. The Handbook is a comprehensive review of the theory and practice of the BRI, the contributors to which are leading researchers in their fields. It illuminates the intentions and principles, history and current status, basic knowledge and latest studies, and promotion mechanisms on the whole BRI. This edition includes 132 entries in total, with a supplementary section on the Belt and Road forums for international cooperation, 22 brand new entries, and 13 revised and updated chapters, reflecting current progress. The book provides an authoritative and up-to-date overview of the BRI, and thereupon an explanatory interpretation of China’s development strategy and international policy stance. Already serving as the essential “encyclopaedia” of the BRI, this second edition will be a must-read for members of global think tanks, policy makers, and observers involved in the BRI construction, as well as researchers interested in international relations, Chinese economics, politics, and international policy.
Author: Michael Clarke Publisher: Rowman & Littlefield ISBN: 1498582761 Category : Political Science Languages : en Pages : 255
Book Description
The Belt and Road Initiative (BRI) is emerging as a vital lynch-pin in China's efforts to establish a maritime and continental zone of influence in the Indo-Pacific region. The Belt and Road Initiative and the Future of Regional Order in the Indo-Pacific interrogates to what extent BRI represents an achievable vision of a China-centric order in Asia and explores its major security implications for the region. The contributions to this volume provide up-to-date analysis of the effect of BRI on the region's foreign policy and alliance patterns, its connection to geo-economics and domestic Chinese politics, and the policy responses of key Indo-Pacific actors. While acknowledging that BRI remains prey to a variety of internal and exogenous shocks, the contributors conclude that at the very least BRI will continue to disrupt the existing alignments of economic and strategic interests in the Indo-Pacific and that on this minimal basis BRI will likely be judged a success by China. For regional actors, however, the BRI simultaneously enhances choice while presenting strategic and economic risks of greater dependency on China - a dilemma intensified by the disruptive effects of the Trump administration on regional confidence in the longevity of American commitments and leadership.
Author: World Bank Publisher: World Bank Publications ISBN: 9780821380833 Category : Business & Economics Languages : en Pages : 382
Book Description
Sustainable infrastructure development is vital for Africa s prosperity. And now is the time to begin the transformation. This volume is the culmination of an unprecedented effort to document, analyze, and interpret the full extent of the challenge in developing Sub-Saharan Africa s infrastructure sectors. As a result, it represents the most comprehensive reference currently available on infrastructure in the region. The book covers the five main economic infrastructure sectors information and communication technology, irrigation, power, transport, and water and sanitation. 'Africa s Infrastructure: A Time for Transformation' reflects the collaboration of a wide array of African regional institutions and development partners under the auspices of the Infrastructure Consortium for Africa. It presents the findings of the Africa Infrastructure Country Diagnostic (AICD), a project launched following a commitment in 2005 by the international community (after the G8 summit at Gleneagles, Scotland) to scale up financial support for infrastructure development in Africa. The lack of reliable information in this area made it difficult to evaluate the success of past interventions, prioritize current allocations, and provide benchmarks for measuring future progress, hence the need for the AICD. Africa s infrastructure sectors lag well behind those of the rest of the world, and the gap is widening. Some of the main policy-relevant findings highlighted in the book include the following: infrastructure in the region is exceptionally expensive, with tariffs being many times higher than those found elsewhere. Inadequate and expensive infrastructure is retarding growth by 2 percentage points each year. Solving the problem will cost over US$90 billion per year, which is more than twice what is being spent in Africa today. However, money alone is not the answer. Prudent policies, wise management, and sound maintenance can improve efficiency, thereby stretching the infrastructure dollar. There is the potential to recover an additional US$17 billion a year from within the existing infrastructure resource envelope simply by improving efficiency. For example, improved revenue collection and utility management could generate US$3.3 billion per year. Regional power trade could reduce annual costs by US$2 billion. And deregulating the trucking industry could reduce freight costs by one-half. So, raising more funds without also tackling inefficiencies would be like pouring water into a leaking bucket. Finally, the power sector and fragile states represent particular challenges. Even if every efficiency in every infrastructure sector could be captured, a substantial funding gap of $31 billion a year would remain. Nevertheless, the African people and economies cannot wait any longer. Now is the time to begin the transformation to sustainable development.
Author: Asian Development Bank Publisher: ISBN: Category : Asia Languages : en Pages : 298
Book Description
This study examines major challenges and issues associated with developing regional infrastructure through the fostering of regional cooperation in Asia, and provides a framework for pan-Asian infrastructure cooperation. The study's long-term vision is the creation of a seamless Asia (an integrated region connected by world-class, environmentally friendly infrastructure) in terms of both "hard" (physical) and "soft" (facilitating) infrastructure. The soft part supports the development and operation of the hard component. Findings indicate that the benefits of upgrading and extending Asia's infrastructure networks are substantial, and that all countries in the region would benefit. A logistics network is only as good as its weakest link; each country in a regional supply chain gains from infrastructure improvements made in others. Improving connectivity in the region would bring Asia large welfare gains through increased market access, reduced trade costs, and more efficient energy production and use. According to the study, to achieve this Asia needs to invest approximately $8 trillion in overall national infrastructure between 2010 and 2020. In addition, Asia needs to spend approximately $290 billion on specific regional infrastructure projects in transport and energy that are already in the pipeline
Author: David M. Arase Publisher: Taylor & Francis ISBN: 1000781615 Category : Political Science Languages : en Pages : 244
Book Description
This book examines the progress and reception of China’s Belt and Road Initiative (BRI) in key subregions of Asia, Africa and Europe. Through its exploration of the patchwork of distinctive sub regions of each continent, the book analyses how well the BRI accommodates sub regional variation as it attempts to integrate Asia, Africa, and Europe under Chinese auspices. Individual chapters focus on how developing subregions experience BRI relations with China, while others focus on how liberal powers seek to compete with China’s BRI agenda. The contributions also gauge the impact of the COVID-19 pandemic on the BRI in regional settings and point to its future implications. Offering a panoramic view of the vast mosaic of Asian, African, and European sub regions targeted by the BRI, this book will be of interest to scholars and students of International Relations and Global Political Economy as well as Chinese politics and those with an interest in the Belt and Road Initiative more broadly.
Author: Sachin Chaturvedi
Author: Sachin Chaturvedi
Author: David Henley
Author: Jagannath P. Panda
Author: Jagannath P. Panda
Author: World Bank
Author: Cai Fang
Author: Michael Clarke
Author: World Bank
Author: Asian Development Bank
Author: David M. Arase