The belt and road initiative in South Asia : impact, challenges and outlook

Just when South Asian countries are struggling to address the under-provision of critical infrastructure, China is reaching out to them via the Belt and Road Initiative (BRI), first announced in 2013. As the projects in South Asia increased over the past five years, a number of risks have begu...

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Main Author: Varaha Giri, Avani Giri
Other Authors: Pradumna Bickram Rana
Format: Thesis
Language:English
Published: 2019
Subjects:
Online Access:http://hdl.handle.net/10356/77189
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author Varaha Giri, Avani Giri
author2 Pradumna Bickram Rana
author_facet Pradumna Bickram Rana
Varaha Giri, Avani Giri
author_sort Varaha Giri, Avani Giri
collection NTU
description Just when South Asian countries are struggling to address the under-provision of critical infrastructure, China is reaching out to them via the Belt and Road Initiative (BRI), first announced in 2013. As the projects in South Asia increased over the past five years, a number of risks have begun to manifest. The objective of this study is thus to evaluate the varied benefits and risks of the BRI in South Asia, by undertaking nation based case studies and interviews with South Asian academicians, to assess whether South Asian nations have been able to realise the benefits of the venture or not. The study concludes that the BRI has the potential to be a major financier of infrastructure investment in South Asia, but the capturing of this potential by South Asian nations hinges on a number of factors. These include debt sustainability efforts of South Asian countries, India’s position on the BRI and China’s approach to the region. A coordinated effort between China and nations in South Asia could ensure successful implementation of the project in order to meet the region’s social and economic goals.
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spelling ntu-10356/771892020-11-01T08:10:07Z The belt and road initiative in South Asia : impact, challenges and outlook Varaha Giri, Avani Giri Pradumna Bickram Rana S. Rajaratnam School of International Studies DRNTU::Social sciences::Economic development Just when South Asian countries are struggling to address the under-provision of critical infrastructure, China is reaching out to them via the Belt and Road Initiative (BRI), first announced in 2013. As the projects in South Asia increased over the past five years, a number of risks have begun to manifest. The objective of this study is thus to evaluate the varied benefits and risks of the BRI in South Asia, by undertaking nation based case studies and interviews with South Asian academicians, to assess whether South Asian nations have been able to realise the benefits of the venture or not. The study concludes that the BRI has the potential to be a major financier of infrastructure investment in South Asia, but the capturing of this potential by South Asian nations hinges on a number of factors. These include debt sustainability efforts of South Asian countries, India’s position on the BRI and China’s approach to the region. A coordinated effort between China and nations in South Asia could ensure successful implementation of the project in order to meet the region’s social and economic goals. Master of Science (International Political Economy) 2019-05-15T06:44:34Z 2019-05-15T06:44:34Z 2019 Thesis http://hdl.handle.net/10356/77189 en 70 p. application/pdf
spellingShingle DRNTU::Social sciences::Economic development
Varaha Giri, Avani Giri
The belt and road initiative in South Asia : impact, challenges and outlook
title The belt and road initiative in South Asia : impact, challenges and outlook
title_full The belt and road initiative in South Asia : impact, challenges and outlook
title_fullStr The belt and road initiative in South Asia : impact, challenges and outlook
title_full_unstemmed The belt and road initiative in South Asia : impact, challenges and outlook
title_short The belt and road initiative in South Asia : impact, challenges and outlook
title_sort belt and road initiative in south asia impact challenges and outlook
topic DRNTU::Social sciences::Economic development
url http://hdl.handle.net/10356/77189
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