CHINA’S BELT AND ROAD INITIATIVE AND THE RISK OF INDEBTEDNESS AMONG ITS BENEFICIARIES Cover Image

CHIŃSKA INICJATYWA PASA I SZLAKU A RYZYKO ZADŁUŻENIA JEJ BENEFICJENTÓW
CHINA’S BELT AND ROAD INITIATIVE AND THE RISK OF INDEBTEDNESS AMONG ITS BENEFICIARIES

Author(s): Paula Tomaszewska
Subject(s): Politics
Published by: Uniwersytet Przyrodniczo-Humanistyczny w Siedlcach
Keywords: Belt and Road Initative;China;debt trap;infrastructure;

Summary/Abstract: Chinese Belt and Road initiative (BRI) is not only an economic or political project, but also has the potential to transform the international system. The initiative‘s impact is large – from stimulating the financing of infrastructure investments in various countries around the world to the development of new global supply chains. The scientific goal of the article is to analyze the consequences of implementing the initiative. The research problem is included in the following question: does the Belt and Road Initiative contribute to increasing Chinese influence in the world and carries the risk of driving poorer countries into the ―debt trap‖? The conclusion from the article is that China should create an improved version of the BRI initiative based on a better risk assessment of the current projects. Infrastructure investments, if not carefully implemented and controlled, may lead to consequences, such as increasing the debt of some countries in the long term.

  • Issue Year: 5/2019
  • Issue No: 2
  • Page Range: 149-165
  • Page Count: 17
  • Language: Polish
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