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Displaying results 1 to 10 of 10.

  1. The BRI: trade integration and stock market synchronization
    a review of empirical findings
    Published: [2022]
    Publisher:  OrdnungsPolitisches Portal, [Erfurt]

    In the context of the Belt and Road Initiative (BRI), we review selected studies that explicitly or implicitly address the question of whether there occurs synchronization of stock markets between China and the BRI economies. Following this, we... more

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    In the context of the Belt and Road Initiative (BRI), we review selected studies that explicitly or implicitly address the question of whether there occurs synchronization of stock markets between China and the BRI economies. Following this, we examine the extent to which this synchronization of stock markets may be driven by bilateral trade. This question is of particular interest to investors who wish to profit from the BRI while minimizing their risk through portfolio diversification. Our results show that there is plenty of supporting evidence that the stock markets of China and the BRI economies are synchronized, and that synchronization appears to be increasing since the launch of the BRI. We also find that bilateral trade is an important determinant for explaining stock market integration between China and the BRI countries. Based on these results, interregional diversification appears to be less efficient. Further research is needed to determine whether other forms of diversification, such as inter-industry diversification, would be more beneficial.

     

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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/261208
    Series: Discourses in social market economy ; 2022, 3
    Subjects: BRI; Belt and Road Initiative; Belt and Road Countries; China; Stock Market Synchronization; Stock Market Co-Movement; Stock Market Integration; Trade Integration; Trade Volume; Bilateral Trade; Portfolio Diversification; Investing
    Scope: 1 Online-Ressource (circa 28 Seiten)
  2. The Chinese belt and road initiative between economics and geopolitics: consequences for Armenia
    Published: [2022]
    Publisher:  OrdnungsPolitisches Portal, [Erfurt]

    Armenia has already signed some agreements with China to participate in the BRI project while no concrete measures are financed by the initiative. But what are the economic advantages and disadvantages of the BRI? While funding of some for Western... more

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    Armenia has already signed some agreements with China to participate in the BRI project while no concrete measures are financed by the initiative. But what are the economic advantages and disadvantages of the BRI? While funding of some for Western financiers unattractive projects by China is a good chance for some participating countries a resulting "debt trap" is dangerous for them. Additionally, it can be shown easily that China's investments have mostly some geopolitical aspects which make the projects more advantageous for China than for the participating countries themselves. Especially, when in the BRI participating countries cannot pay back their debts a transfer of natural resources respective of infrastructure like ports ore pipelines to China may be the consequence. Therefore, Armenia is in a dilemma between strengthening cooperation with China and benefitting from that, on the one hand, and the risk of losing economic as well as political independence, on the other hand.

     

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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/261206
    Series: Discourses in social market economy ; 2022, 1
    Subjects: Belt and Road Initiative; Armenia; Geopolitics; Debt-Trap
    Scope: 1 Online-Ressource (circa 23 Seiten), Illustrationen
  3. Spatial administration and legal aspects of the Belt and Road Initiative
    innovative solutions for Armenia
    Published: [2022]
    Publisher:  [OrdnungsPolitisches Portal], [Erfurt]

    The architecture of public policy through spatial principles has important features in the age of globalization. In this context, the Belt and Road Initiative can be considered as a worldwide public policy project, where conceptual thinking and legal... more

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    The architecture of public policy through spatial principles has important features in the age of globalization. In this context, the Belt and Road Initiative can be considered as a worldwide public policy project, where conceptual thinking and legal understanding should be discussed. Soft and hard lows - as political and legal aspects, have important feature on the BRI implementation. Flexibility, openness, and inclusiveness are the main soft tools for Belt and Road Initiative participating countries. Based on these, networking and spatial particularities may generate new administrative principles for the BRI project. In this sense, the spatial administration definition was formulated, through which is possible to integrate spatial components of countries that have different social, national, ethnic or religious dimensions, and various geo-economics dimensions. Important to note that Armenia has specific economic and political status in the South Caucasus because of two circumstances. We consider that Belt and Road project is possible to integrate with the Armenian North-South Road Corridor program and free economic zone in Meghri, in order to introduce structural reforms and diversification of economy.

     

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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/265513
    Series: Discourses in social market economy ; 2022, 7
    Subjects: Spatial administration; North-South Road Corridor; Belt and Road Initiative; BRI legalaspects; digitalization
    Scope: 1 Online-Ressource (circa 19 Seiten), Illustrationen
  4. Perspectives of Armenian
    Iranian economic relations within Belt and Road Initiative
    Published: [2022]
    Publisher:  [OrdnungsPolitisches Portal], [Erfurt]

    Armenia-Iran North South Transport corridor is vital for Iran and Armenia and also for all parties involved. Recently, India increased its interest in Armenia and would like to see the INSTC passing through the Armenian territories, keeping in mind... more

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    Armenia-Iran North South Transport corridor is vital for Iran and Armenia and also for all parties involved. Recently, India increased its interest in Armenia and would like to see the INSTC passing through the Armenian territories, keeping in mind that Armenia is also the only country in the EAEU that has a land border with Iran. Taking into account Iran's desire to become a full member of the EAEU in the future, as well as India's interest in the EAEU structure and possible future membership, Armenia's chances of joining regional trade projects would be high. North South Transport Corridor route via India, Iran, Armenia, Georgia and Russia. This route is 30% cheaper and 40% shorter than the current traditional route. A country with a small domestic market like Armenia, of course, needs to expand its economic and trade ties with other countries in the world. The "One Belt, One Road" initiative can provide such an opportunity. An opportunity will also be created for the development of the Armenian transport infrastructure. Armenia aimed to construct the "North-South" transport road, 550-km long, to facilitate communication with Iran and Georgia and beyond.

     

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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/265514
    Series: Discourses in social market economy ; 2022, 8
    Subjects: Belt and Road Initiative; Armenia; Iran; China; India; trade; transport infrastructure; Silk RoadRoute
    Scope: 1 Online-Ressource (circa 18 Seiten)
  5. Iniciativa cinturão e rota na América Latina
    entre adesões e hesitações
    Published: novembro de 2022
    Publisher:  Instituto de Pesquisa Econômica Aplicada, Brasília

    The present article analyzes the recent expansion of the Belt and Road Initiative (BRI) in Latin America and the Caribbean (LAC). The study is justified by the noticeable increase and diversification of economic relations between the region and China... more

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    The present article analyzes the recent expansion of the Belt and Road Initiative (BRI) in Latin America and the Caribbean (LAC). The study is justified by the noticeable increase and diversification of economic relations between the region and China in recent years. The advance of the BRI in Latin America is interpreted in line with the theoretical and conceptual contributions of the field of International Cooperation for Development (ICD). Specific cases of Latin American countries have been analyzed and their particularities highlighted. It is argued that these countries' decision to join the initiative is not a homogeneous phenomenon, but endowed with multiple potentials and challenges.

     

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    Source: Union catalogues
    Language: Portuguese
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/284874
    Series: Texto para discussão / Ipea ; 2818
    Subjects: China; Latin America and the Caribbean; Belt and Road Initiative; foreign direct investment; infrastructure
    Scope: 1 Online-Ressource (circa 49 Seiten)
  6. Iniciativa cinturão e rota na América Latina
    perspectiva geoeconômica
    Published: novembro de 2022
    Publisher:  Instituto de Pesquisa Econômica Aplicada, Brasília

    The article follows concepts from the field of International Political Economy (IPE). Its objective is to analyze the evolution of economic relations between China and countries in Latin America and the Caribbean (LAC), especially in the context of... more

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    The article follows concepts from the field of International Political Economy (IPE). Its objective is to analyze the evolution of economic relations between China and countries in Latin America and the Caribbean (LAC), especially in the context of the Belt and Road Initiative (BRI), or New Silk Road. Economic interactions have increased in the last decade, especially through trade, investments, loans and infrastructure projects.

     

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    Source: Union catalogues
    Language: Portuguese
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/284875
    Series: Texto para discussão / Ipea ; 2819
    Subjects: China; Latin America and the Caribbean; Belt and Road Initiative; foreign direct investment; infrastructure
    Scope: 1 Online-Ressource (circa 73 Seiten), Illustrationen
  7. How realistic is Belt and Road Initiative for Kyrgyzstan and Central Asian Countries?
    Published: [2022]
    Publisher:  [OrdnungsPolitisches Portal], [Erfurt]

    Due to the geographical location of the Central Asian countries and Kyrgyzstan, which do not have direct access to the sea, there is a dependence on the transport route via Kazakhstan, Russia, and Belarus to trade goods with the European market. The... more

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    Due to the geographical location of the Central Asian countries and Kyrgyzstan, which do not have direct access to the sea, there is a dependence on the transport route via Kazakhstan, Russia, and Belarus to trade goods with the European market. The Chinese BRI project would offer an alternative for Central Asian countries to connect economically with European, Middle Eastern and West Asian countries. However, turning away from Russia and toward China holds potential for conflict. Therefore, the main objective of this article is to analyze the BRI projects in Central Asia and predict how realistic it is to implement them without the "permission" of the Russian Federation. In doing so, it takes a closer look at the strategic interest for China in Central Asia and how the BRI project in Kyrgyzstan is performing. The SWOT analysis points to a win-win situation, which, however, comes with a warning to be cautious. Particular attention should be paid to financial dependence on China, which could be due to a debt trap.

     

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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/265258
    Series: Discourses in social market economy ; 2022, 5
    Subjects: Belt and Road Initiative; Kyrgyzstan; Geopolitics; Debt-Trap; Silk Road Route
    Scope: 1 Online-Ressource (circa 16 Seiten), Illustrationen
  8. Belt and Road Initiative as an innovative platform for technology transfer
    opportunities for Armenia
    Published: [2022]
    Publisher:  [OrdnungsPolitisches Portal], [Erfurt]

    One of the pillars of the Belt and Road Initiative is the deepening of cooperation between member countries, especially in the field of science and innovation. But, is there any historical evidence of the concept of the Great Silk Road as a region of... more

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    One of the pillars of the Belt and Road Initiative is the deepening of cooperation between member countries, especially in the field of science and innovation. But, is there any historical evidence of the concept of the Great Silk Road as a region of technology transfer, first? Secondly, what are the priorities and development directions of the initiative in the mentioned context? Third, what development guidelines should be set for the participating countries (Washington, Beijing, etc.). And finally, is there really a connection between infrastructure development and innovation activity? To answer the last question, a correlation and econometric analysis has been performed, the results of which indicate positive effects.

     

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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/265259
    Series: Discourses in social market economy ; 2022, 6
    Subjects: The Great Silk Road; Belt and Road Initiative; Innovation; Patent Activity; TechnologyTransfer
    Scope: 1 Online-Ressource (circa 25 Seiten), Illustrationen
  9. The opportunities of economic and legal cooperation between EU - Armenia within the framework of the BRI
    Published: [2022]
    Publisher:  [OrdnungsPolitisches Portal], [Erfurt]

    The EU's relations with Armenia are based on the EU - Armenia Comprehensive and Enhanced Partnership Agreement (CEPA), which was signed on November 24, 2017, and entered into force on March 31, 2021. Within the framework of this agreement, the... more

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    The EU's relations with Armenia are based on the EU - Armenia Comprehensive and Enhanced Partnership Agreement (CEPA), which was signed on November 24, 2017, and entered into force on March 31, 2021. Within the framework of this agreement, the cooperation of the EU and Armenia in various spheres is envisaged. The EU's support, in particular for the development of democracy and political, economic and institutional stability, is very important for the Republic of Armenia. From an economic point of view, the EU is one of the most colossal donors providing financial aid and doing foreign investment, which is an important component both in promoting exports in general and especially in the high-tech sector. The article aims to present in detail the existing achievements in the field of economic and legal cooperation, the prospects and opportunities for deepening sectoral cooperation, taking into account the potential mutual economic benefits that the EU and Armenia could have within the framework of the Armenian North-South Road Corridor and the Belt and Road Initiative.

     

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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/266144
    Series: Discourses in social market economy ; 2022, 9
    Subjects: EU-Armenia cooperation; CEPA; Belt and Road Initiative; Armenian North-South Road
    Scope: 1 Online-Ressource (circa 17 Seiten), Illustrationen
  10. EU's global gateway strategy and building a global consensus vis-a-vis BRI
    Published: [2022]
    Publisher:  [OrdnungsPolitisches Portal], [Erfurt]

    The Belt and Road Initiative paved the way for China to establish far-reaching trade relations and greater political influence across continents. Dominating the Indo-Pacific region by building up the dependence of the countries there on China is only... more

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    The Belt and Road Initiative paved the way for China to establish far-reaching trade relations and greater political influence across continents. Dominating the Indo-Pacific region by building up the dependence of the countries there on China is only part of the strategy. China's actions in this regard are observed with unease by researchers and practitioners. Various multilateral projects are trying to present an alternative in the Indo-Pacific region, including the EU's Global Gateway Strategy Project. What this strategy entails and how it can play a role in shaping global consensus on the BRI will be outlined below.

     

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    Source: Union catalogues
    Language: English
    Media type: Book
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    hdl: 10419/266145
    Series: Discourses in social market economy ; 2022, 10
    Subjects: Belt and Road Initiative; China; Geopolitics; EU; Global Gateway Strategy; Indo-Pacific
    Scope: 1 Online-Ressource (circa 23 Seiten)