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APPROACHING CHINA’S BELT AND ROAD INITIATIVE: A STUDY OF DEBT-TRAP DIPLOMACY VERSUS ECONOMIC PROSPERITY

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Date Issued:
2023
Summary:
This thesis examines whether China’s Belt and Road Initiative (BRI) is promoting economic development or downfall in the form of debt-trapping to 4 participating economically emerging countries. The Belt and Road Initiative (BRI) is the world's largest infrastructure program, launched by the Chinese government in 2013. Since its inception, Chinese financial institutions and businesses have financed and constructed a wide range of global projects. I utilize qualitative and quantitative methods in the form of primary and secondary sources and data on economic growth rates and debt accumulation rates to explore the effects of the BRI in participating countries. There was no uniform consequence of the BRI, but rather characteristic-dependent effects that varied across cases. Further, my analysis does not suggest an overall trend of debt-trapping. By understanding the impact of the BRI in these countries, we can better recommend how countries carrying similar characteristics to participating countries should approach the BRI.
Title: APPROACHING CHINA’S BELT AND ROAD INITIATIVE: A STUDY OF DEBT-TRAP DIPLOMACY VERSUS ECONOMIC PROSPERITY.
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Name(s): Gatimi, Irene, author
Nur-tegin, Kanybek, Thesis advisor
Harriet L. Wilkes Honors College
Florida Atlantic University, Degree grantor
Type of Resource: text
Genre: Thesis
Date Created: 2023
Date Issued: 2023
Publisher: Florida Atlantic University
Place of Publication: Jupiter, FL
Physical Form: application/pdf
Extent: 63 p.
Language(s): English
Summary: This thesis examines whether China’s Belt and Road Initiative (BRI) is promoting economic development or downfall in the form of debt-trapping to 4 participating economically emerging countries. The Belt and Road Initiative (BRI) is the world's largest infrastructure program, launched by the Chinese government in 2013. Since its inception, Chinese financial institutions and businesses have financed and constructed a wide range of global projects. I utilize qualitative and quantitative methods in the form of primary and secondary sources and data on economic growth rates and debt accumulation rates to explore the effects of the BRI in participating countries. There was no uniform consequence of the BRI, but rather characteristic-dependent effects that varied across cases. Further, my analysis does not suggest an overall trend of debt-trapping. By understanding the impact of the BRI in these countries, we can better recommend how countries carrying similar characteristics to participating countries should approach the BRI.
Identifier: FAUHT00256 (IID)
Degree granted: Thesis (B.A.)--Florida Atlantic University, Harriet L. Wilkes Honors College, 2023
Persistent Link to This Record: http://purl.flvc.org/fau/fd/FAUHT00256
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Host Institution: FAU
Is Part of Series: Florida Atlantic University Digital Library Collections.

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