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The objective of this paper is a presentation of results of an analysis of the Three Seas Initiative (TSI), whose participating countries (except Austria) treat it as a method of: a) reducing their dependence on crude oil and natural gas imports from Russia, thus increasing their energy...
Persistent link: https://www.econbiz.de/10012024100
As China is dependent on oil and gas imports to maintain its high growth rates, the Shanghai Cooperation Organization (SCO) and Central Asia have become increasingly important for the country's economic development. In May 2014, China and Russia signed a new gas deal, for example, and in recent...
Persistent link: https://www.econbiz.de/10010514817
The Belt and Road initiative, recently embarked on by China, aims to improve cross-border infrastructure in order to reduce transportation costs across a massive geographical area between China and Europe. The authors estimate how much trade might be created among Belt and Road countries as a...
Persistent link: https://www.econbiz.de/10011541814
This chapter contributes to comparative regionalism studies by exploring the Belt and Road Initiative (BR) as an emerging regionalism project. We start by stating a need for broad conceptual frameworks to study the BR dynamics and consider the “world of regions” framework as such an...
Persistent link: https://www.econbiz.de/10012900260
The Belt Road Initiative (BRI) suggested by China’s President Xi Jinping provides an ambitious vision encouraging a new level of cooperation among countries along several economic corridors spanning most of the Asian economies member of ESCAP. This paper reviews the trade and trade...
Persistent link: https://www.econbiz.de/10011756007
The so-called Belt & Road initiative of China is the largest and most comprehensive global economic activity of our times. It consists on a land as well as a sea channel that covers more than 60 countries in Asia and Europe, around 65 % of the world population, one-third of world's GDP, and 25 %...
Persistent link: https://www.econbiz.de/10011852933
This paper analyzes recent macroeconomic developments in the eurozone, particularly in Germany. Several economic indicators are sending signals of a looming German recession. Geopolitical tensions caused by trade disputes between the United States and China, plus the risk of a disorderly Brexit,...
Persistent link: https://www.econbiz.de/10012165421
The aim of this paper is to analyze the barriers to economic integration of Caspian Sea countries ‒ specifically the Russian Federation, Kazakhstan, Azerbaijan, Turkmenistan, Uzbekistan, Iran, and Georgia ‒ and suggest solutions. A literature review is used as a methodology for conducting...
Persistent link: https://www.econbiz.de/10012200308
Recent developments suggest that the international economic order is transitioning away from the Neoliberal Order that has flourished for much of the post-Cold War period toward a new Geoeconomic Order. The shift to this new order, which is characterised by a growing ‘securitisation of...
Persistent link: https://www.econbiz.de/10012849195
The Belt and Road Initiative, recently embarked on by China, aims to improve cross-border infrastructure in order to reduce transportation costs across a massive geographical area between China and Europe. We estimate how much trade might be created among Belt and Road countries as a consequence...
Persistent link: https://www.econbiz.de/10012966973