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GTAP Resources: Resource Display

GTAP Resource #5086

"Trade and Growth Impact of One Belt, One Road on Asia and the World"
by Villafuerte, James, Erwin Corong and Juzhong Zhuang

This paper investigates the economic impact of the One Belt, One Road (OBOR) development strategy and economic framework proposed by the People’s Rep. of China to foster greater economic connectivity and cooperation among countries in Eurasia. OBOR comprises of two key components including the land-based "Silk Road Economic Belt" (SREB) and oceangoing "Maritime Silk Road" (MSR). The SREB—which is largely analogous to the historical Silk Road—includes countries situated on the original Silk Road through Central Asia, West Asia, the Middle East, and Europe. On the other hand, the MSR—also known as the "21st Century Maritime Silk Road"—is a complementary initiative aimed at investing and fostering collaboration in Southeast Asia, Oceania, and North Africa, through several contiguous bodies of water –the South China Sea, the South Pacific Ocean, and the wider Indian Ocean area.

Resource Details (Export Citation) GTAP Keywords
Category: 2016 Conference Paper
Status: Published
By/In: Presented at the 19th Annual Conference on Global Economic Analysis, Washington DC, USA
Date: 2016
Created: Villafuerte, J. (4/15/2016)
Updated: Batta, G. (6/9/2016)
Visits: 3,382
- Baseline development
- Economic growth
- Preferential trading arrangements
- Africa (North)
- Asia (East)
- Asia (South-Central)
- Asia (Southeast)
- Middle East
- Oceania

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