This paper takes a first look at the trade effects of China's Belt and Road Initiative, also referred to as the New Silk Road, on the 71 countries potentially involved. The initiative consists of several infrastructure investment projects to improve the land and maritime transportation in the...

New Silk Road railways have provided cross-continental rail freight services between China and Eurasian countries since 2011. We examine the impact of being connected to Silk Road railways on the 13 destination countries bilateral trade with China. To address the issue of endogenous placement of...

This paper provides a framework to assess the impact of infrastructure investment expected under the Belt and Road Initiative (BRI) on the debt vulnerabilities of countries that are located on BRI transport and connectivity corridors in the absence of comprehensive and consistent information on...

This study is a response to the call for further research on infrastructure financing from China in the 2019 special issue of Urban Studies on “Funding, Financing and Governing Urban Infrastructures”. We develop a theoretical model to investigate the complex relationship between local...