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    Future of Belt & Route Initiative in the post COVID-19 world

    Institute, Sustainable Development Policy | June 2020
    Abstract
    China’s Belt and Route Initiative has challenged the traditional concepts of development. The COVID-19 pandemic has altered the prospects for the projects launched in recent years in various ways, making some of their key features irrelevant for the times to come and paving ways for leading the world through innovative ways in the fields of health and technology. China has successfully utilized its industrial might to cater to the needs of the health sector across the world providing essential support to the pandemic-hit countries. Provision of digital technology that is fast necessitated by the changing world is another sector the country is taking a lead in. Pakistan being a key player in the BRI is facing its own dilemmas in the fast-changing world around it and need to increase its pace not only to catch up anymore but also to revive. This policy review highlights the situation and the challenges and proposes steps that can help maintain Pakistan’s stakes in the project that many in the world are looking up to.
    Citation
    Institute, Sustainable Development Policy. 2020. Future of Belt & Route Initiative in the post COVID-19 world. © Sustainable Development Policy Institute. http://hdl.handle.net/11540/12172.
    Keywords
    Development
    Trade
    Development Goals
    Skills Development
    Sustainable Development
    Trade Flows
    Trade And Development
    Food Security And Trade
    Trade Volume
    Trade Potential
    Trade Flows
    External Trade
    Industrial policy
    New technology
    Innovations
    Industry
    Export policy
    Import policy
    Trade Unions
    Services Trade
    SMEs
    E-commerce
    Development assistance
    ADB
    Curriculum development
    Development assistance
    Development aid
    Development indicators
    Development potential
    Development models
    Project appraisal
    Performance appraisal
    Regional development bank
    Trade development
    Import volume
    Export volume
    Service industry
    Career development
    Vocational training
    Contract Labor
    Capital
    Business
    Communication in rural development
    Social participation
    Occupational training
    Partnership
    Joint venture
    System analysis
    Labor and globalization
    Labor policy
    Regional trading blocs
    Foreign trade and employment
    Developing countries
    Industrial priorities
    Technological innovation
    Technology transfer
    Foreign trade regulation
    Industrial relations
    Trade-unions
    Digital
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    Citable URI
    http://hdl.handle.net/11540/12172
    Metadata
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    Future-of-Belt-Route-Initiative-in-the-post-COVID-19-world.pdf (252.7Kb)
    Author
    Institute, Sustainable Development Policy
    Theme
    Development
    Trade
     
    Copyright 2016-2021 Asian Development Bank Institute, except as explicitly marked otherwise
    Copyright 2016-2021 Asian Development Bank Institute, except as explicitly marked otherwise