Belt and Road Initiative : Azerbaijan Country Case Study

Belt and Road Initiative (BRI), announced in 2013 and formalized in 2015, is China’s long-term commitment and aims to improve connectivity within Asia as well as between Asia and other continents via transport corridors (rail, road, maritime, air)...

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Main Authors: Bogdan, Olena, Najdov, Evgenij
Format: Report
Language:English
Published: World Bank, Washington, DC 2020
Subjects:
Online Access:http://documents.worldbank.org/curated/en/351671594668599927/South-Caucasus-and-Central-Asia-The-Belt-and-Road-Initiative-Azerbaijan-Country-Case-Study
http://hdl.handle.net/10986/34329
id okr-10986-34329
recordtype oai_dc
spelling okr-10986-343292021-09-21T13:04:13Z Belt and Road Initiative : Azerbaijan Country Case Study Bogdan, Olena Najdov, Evgenij BELT AND ROAD INITIATIVE TRADE CORRIDOR TRANSPORT INFRASTRUCTURE ENERGY INFRASTRUCTURE DIGITAL INFRASTRUCTURE FOREIGN DIRECT INVESTMENT ENVIRONMENTAL RISKS GAS AND OIL PIPELINES ECONOMIC CORRIDORS TRADE LOGISTICS Belt and Road Initiative (BRI), announced in 2013 and formalized in 2015, is China’s long-term commitment and aims to improve connectivity within Asia as well as between Asia and other continents via transport corridors (rail, road, maritime, air) and deeper economic, political, and cultural integration between China and the countries in Europe and Africa (National Development and Reform Commission, 2015). This study analyzes a potential impact of the BRI on Azerbaijan’s economy by focusing on (1) Azerbaijan’s connectivity and trade with the BRI economies; (2) its recent improvements in transport, power, and ICT infrastructure as part of the China, Central Asia, West Asia economic corridor; (3) its remaining connectivity gaps and challenges; and (4) potential economic effects of BRI on Azerbaijan’s trade, foreign investment, growth and welfare. Finally, the study concludes with policy implications that would mitigate the BRI risks and maximize the benefits. 2020-08-11T18:40:22Z 2020-08-11T18:40:22Z 2020-06 Report http://documents.worldbank.org/curated/en/351671594668599927/South-Caucasus-and-Central-Asia-The-Belt-and-Road-Initiative-Azerbaijan-Country-Case-Study http://hdl.handle.net/10986/34329 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Economic & Sector Work Economic & Sector Work :: Other Infrastructure Study Europe and Central Asia Azerbaijan
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic BELT AND ROAD INITIATIVE
TRADE CORRIDOR
TRANSPORT INFRASTRUCTURE
ENERGY INFRASTRUCTURE
DIGITAL INFRASTRUCTURE
FOREIGN DIRECT INVESTMENT
ENVIRONMENTAL RISKS
GAS AND OIL PIPELINES
ECONOMIC CORRIDORS
TRADE LOGISTICS
spellingShingle BELT AND ROAD INITIATIVE
TRADE CORRIDOR
TRANSPORT INFRASTRUCTURE
ENERGY INFRASTRUCTURE
DIGITAL INFRASTRUCTURE
FOREIGN DIRECT INVESTMENT
ENVIRONMENTAL RISKS
GAS AND OIL PIPELINES
ECONOMIC CORRIDORS
TRADE LOGISTICS
Bogdan, Olena
Najdov, Evgenij
Belt and Road Initiative : Azerbaijan Country Case Study
geographic_facet Europe and Central Asia
Azerbaijan
description Belt and Road Initiative (BRI), announced in 2013 and formalized in 2015, is China’s long-term commitment and aims to improve connectivity within Asia as well as between Asia and other continents via transport corridors (rail, road, maritime, air) and deeper economic, political, and cultural integration between China and the countries in Europe and Africa (National Development and Reform Commission, 2015). This study analyzes a potential impact of the BRI on Azerbaijan’s economy by focusing on (1) Azerbaijan’s connectivity and trade with the BRI economies; (2) its recent improvements in transport, power, and ICT infrastructure as part of the China, Central Asia, West Asia economic corridor; (3) its remaining connectivity gaps and challenges; and (4) potential economic effects of BRI on Azerbaijan’s trade, foreign investment, growth and welfare. Finally, the study concludes with policy implications that would mitigate the BRI risks and maximize the benefits.
format Report
author Bogdan, Olena
Najdov, Evgenij
author_facet Bogdan, Olena
Najdov, Evgenij
author_sort Bogdan, Olena
title Belt and Road Initiative : Azerbaijan Country Case Study
title_short Belt and Road Initiative : Azerbaijan Country Case Study
title_full Belt and Road Initiative : Azerbaijan Country Case Study
title_fullStr Belt and Road Initiative : Azerbaijan Country Case Study
title_full_unstemmed Belt and Road Initiative : Azerbaijan Country Case Study
title_sort belt and road initiative : azerbaijan country case study
publisher World Bank, Washington, DC
publishDate 2020
url http://documents.worldbank.org/curated/en/351671594668599927/South-Caucasus-and-Central-Asia-The-Belt-and-Road-Initiative-Azerbaijan-Country-Case-Study
http://hdl.handle.net/10986/34329
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