Belt and Road Initiative

Scientific Essay from the year 2019 in the subject Economics - Foreign Trade Theory, Trade Policy, , language: English, abstract: This paper will give in the first part a general outline and a historical background about the belt and road initiative. In the main part, this paper will discuss the economic impact of the new project on the participating countries and find out how this project may benefit or impair them in terms of international trade, FDI and general development of the country. Due to the limit of pages of this paper I will focus on the in the main part on the Eurasian developing countries. This paper will also discuss the general current development and problems of the project and give a future outlook.