Skip to content

Booksellers & Trade Customers: Sign up for online bulk buying at trade.atlanticbooks.com for wholesale discounts

Booksellers: Create Account on our B2B Portal for wholesale discounts

Effects of China's New Silk Road on the Participating Economies

by Natasa Stanojevic
Save 14% Save 14%
Current price ₹4,606.00
Original price ₹5,341.00
Original price ₹5,341.00
Original price ₹5,341.00
(-14%)
₹4,606.00
Current price ₹4,606.00

Imported Edition - Ships in 18-21 Days

Free Shipping in India on orders above Rs. 500

Request Bulk Quantity Quote
+91
Book cover type: Paperback
  • ISBN13: 9781636480305
  • Binding: Paperback
  • Subject: N/A
  • Publisher: Eliva Press
  • Publisher Imprint: Eliva Press
  • Publication Date:
  • Pages: 146
  • Original Price: USD 54.5
  • Language: English
  • Edition: N/A
  • Item Weight: 205 grams
  • BISAC Subject(s): General

After two decades of rapid economic growth, based on export and foreign investments inflow, a major shift in the economic strategy of China was made in 2001. A set of basic principles was called Go Global. The focus shifted from exports as a driver of economic growth, to domestic consumption, and from FDI inflow to FDI outflow due to the need to place surplus capital. Go Global strategy has transformed China from a participant to one of the main promoters of globalization. Although the 2013 New Silk Road was presented as a new global project, it was actually just a new name (brand) for the basic principles adopted under the Go Global strategy. China had started intensive economic and diplomatic activity long before it was launched. The New Silk Road has only given shape to the part of China's development strategy for the 21st century that refers to foreign policy and economic relations with foreign countries. Today, the New Silk Road or Belt and Road Initiative (BRI), as it was later called, is the most dynamic and unique segment of the globalization process. After two decades of setting up and starting the implementation of the new China s development strategy, there is enough information for providing an initial assessment of its effects. The assessment of costs and benefits of the countries along the New Silk Road corridors is the main subject of the book. The analysis of these topics has the form of a regional approach, and it is divided in four chapters related to: Central Asia, South Asia, Middle East and Balkan. Within each region, the scope and sectoral distribution of Chinese FDI are analyzed, and the compliance of FDI with the needs of the domestic economy, i.e. their development potential, is assessed. The effects of the BRI are not only visible in the case of investments, but China's economic penetration into a certain area also brings significant changes in the field of foreign trade of the host country. The next topic refers to the attitudes of the dominant powers in the analyzed regions towards China's economic penetration into the area they consider their zone of interest. Russia, India and European Union have taken very different views on Chinese influence in their neighborhood, so their responses vary significantly.

Trusted for over 49 years

Family Owned Company

Secure Payment

All Major Credit Cards/Debit Cards/UPI & More Accepted

New & Authentic Products

India's Largest Distributor

Need Support?

Whatsapp Us