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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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 |
_version_ |
1764480642231304192 |