Connectivity Along Overland Corridors of the Belt and Road Initiative
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 mo...
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| Online Access: | http://documents.worldbank.org/curated/en/264651538637972468/Connectivity-Along-Overland-Corridors-of-the-Belt-and-Road-Initiative http://hdl.handle.net/10986/30609 |
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okr-10986-306092021-05-25T09:55:13Z Connectivity Along Overland Corridors of the Belt and Road Initiative Derudder, Ben Liu, Xingjian Kunaka, Charles TRADE BELT AND ROAD INITIATIVE TRANSPORT CONNECTIVITY LOGISTICS TRANSPORT COSTS 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. 2018-10-24T19:31:01Z 2018-10-24T19:31:01Z 2018-10 Working Paper http://documents.worldbank.org/curated/en/264651538637972468/Connectivity-Along-Overland-Corridors-of-the-Belt-and-Road-Initiative http://hdl.handle.net/10986/30609 English MTI Global Practice Discussion Paper;No. 6 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Publications & Research Publications & Research :: Working Paper |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English |
| topic |
TRADE BELT AND ROAD INITIATIVE TRANSPORT CONNECTIVITY LOGISTICS TRANSPORT COSTS |
| spellingShingle |
TRADE BELT AND ROAD INITIATIVE TRANSPORT CONNECTIVITY LOGISTICS TRANSPORT COSTS Derudder, Ben Liu, Xingjian Kunaka, Charles Connectivity Along Overland Corridors of the Belt and Road Initiative |
| relation |
MTI Global Practice Discussion Paper;No. 6 |
| description |
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. |
| format |
Working Paper |
| author |
Derudder, Ben Liu, Xingjian Kunaka, Charles |
| author_facet |
Derudder, Ben Liu, Xingjian Kunaka, Charles |
| author_sort |
Derudder, Ben |
| title |
Connectivity Along Overland Corridors of the Belt and Road Initiative |
| title_short |
Connectivity Along Overland Corridors of the Belt and Road Initiative |
| title_full |
Connectivity Along Overland Corridors of the Belt and Road Initiative |
| title_fullStr |
Connectivity Along Overland Corridors of the Belt and Road Initiative |
| title_full_unstemmed |
Connectivity Along Overland Corridors of the Belt and Road Initiative |
| title_sort |
connectivity along overland corridors of the belt and road initiative |
| publisher |
World Bank, Washington, DC |
| publishDate |
2018 |
| url |
http://documents.worldbank.org/curated/en/264651538637972468/Connectivity-Along-Overland-Corridors-of-the-Belt-and-Road-Initiative http://hdl.handle.net/10986/30609 |
| _version_ |
1764472473125912576 |