Connectivity Along Overland Corridors of the Belt and Road Initiative

doi:10.1596/30609

Publication:
Connectivity Along Overland Corridors of the Belt and Road Initiative

dc.contributor.author	Derudder, Ben
dc.contributor.author	Liu, Xingjian
dc.contributor.author	Kunaka, Charles
dc.date.accessioned	2018-10-24T19:31:01Z
dc.date.available	2018-10-24T19:31:01Z
dc.date.issued	2018-10
dc.description.abstract	The six land corridors that are the ‘Belt’ part of the Belt and Road Initiative (BRI) connect more than sixty countries. As the initiative progresses, policy makers, analysts and researchers are trying to answer a few open questions of which the most common are: How can a country best benefit from the BRI? How should projects be prioritized and sequenced? What opportunities emerge as a result of participating in the initiative? The authors use a network economics approach to answer some of these questions and others. Our hypothesis is that the ability of countries to maximize the benefits of BRI will depend on the position of each country in the new connectivity maps that are emerging. Ultimately, an initiative such as the BRI will change the way economic centers, as the most productive nodes in each country, are connected. Productivity, competition, market opportunities, and transport and logistics costs are all likely to be impacted. However, the magnitude of the effects will depend on where along the Belt corridors a city is located relative to all other countries and economic centers. Ultimately, the difference in outcomes will depend on whether a center intermediates trade flows in the network or serves as an end node that generates inbound and outbound flows. Centers that are not well connected in the new BRI maps may not experience much positive impact. Emphasis should therefore be on the weak links within the networks.	en
dc.identifier	http://documents.worldbank.org/curated/en/264651538637972468/Connectivity-Along-Overland-Corridors-of-the-Belt-and-Road-Initiative
dc.identifier.doi	10.1596/30609
dc.identifier.uri	https://hdl.handle.net/10986/30609
dc.language	English
dc.publisher	World Bank, Washington, DC
dc.relation.ispartofseries	MTI Global Practice Discussion Paper;No. 6
dc.rights	CC BY 3.0 IGO
dc.rights.holder	World Bank
dc.rights.uri	http://creativecommons.org/licenses/by/3.0/igo
dc.subject	TRADE
dc.subject	BELT AND ROAD INITIATIVE
dc.subject	TRANSPORT CONNECTIVITY
dc.subject	LOGISTICS
dc.subject	TRANSPORT COSTS
dc.title	Connectivity Along Overland Corridors of the Belt and Road Initiative	en
dc.type	Working Paper	en
dc.type	Document de travail	fr
dc.type	Documento de trabajo	es
dspace.entity.type	Publication
okr.crossref.title	Connectivity Along Overland Corridors of the Belt and Road Initiative
okr.date.disclosure	2018-10-04
okr.doctype	Publications & Research
okr.doctype	Publications & Research::Working Paper
okr.docurl	http://documents.worldbank.org/curated/en/264651538637972468/Connectivity-Along-Overland-Corridors-of-the-Belt-and-Road-Initiative
okr.guid	264651538637972468
okr.identifier.doi	10.1596/30609
okr.identifier.externaldocumentum	090224b0863e2047_1_0
okr.identifier.internaldocumentum	30470684
okr.identifier.report	130490
okr.imported	true	en
okr.language.supported	en
okr.pdfurl	http://documents.worldbank.org/curated/en/264651538637972468/pdf/130490-MTI-Discussion-Paper-6-Final.pdf	en
okr.topic	Transport::Transport Economics Policy & Planning
okr.topic	Transport::Roads & Highways
okr.topic	Transport::Railroads
okr.topic	Information and Communication Technologies::Information Technology
okr.topic	International Economics and Trade::Trade and Transport
okr.unit	South Asia (GMTSA)
relation.isAuthorOfPublication	9516c2ac-7353-523f-9776-027b126b9af9
relation.isAuthorOfPublication.latestForDiscovery	9516c2ac-7353-523f-9776-027b126b9af9