Review the literature concerning that topic, summarize the major points and suggest recommendations for future corporate and/or international economic public policies.
\”Belt and Road Initiative\”.
This is a relatively new initiative by the Chinese government to build train/sea routes across Europe/Asia to boost trade. The coverage area of the initiative is primarily Asia and Europe, encompassing around 60 countries. Oceania and East Africa are also included. Anticipated cumulative investment over an indefinite timescale is variously put at US$4 trillion or US$8 trillion.The initiative has been contrasted with the two US-centric trading arrangements, the Trans-Pacific Partnership and the Transatlantic Trade and Investment Partnership.The AIIB (Asia Infrustracture Investment Bank) is also playing a major role in this initiative.
Although this is relatively new and there is only limited amount of information about the initiative, but please look at it closely and analys the potential impact it will make on the world both economically and politically. Also, make recommendations for future public policies.
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