Belt and Road Initiative: Globalization Chinese Way?

Abstract

Global value chains (GVCs) have become a dominant feature of today's global economy. This process of international fragmentation, driven by technological progress, cost, access to resources and markets, and trade policy reforms, challenges our conventional wisdom on how we look at and interpret trade and, in particular, the policies that we develop around it. Traditional measures of trade, that record gross flows of goods and services each and every time they cross borders, alone, may lead to misguided decisions being taken.The OECD and the WTO have therefore undertaken a joint initiative to develop a database of Trade in Value added (TiVA) indicators and to mainstream their production within the international statistics system; the preliminary results will be launched on 16 January 2013. This note presents a broad overview of the first results from that initiative and an indication of future plans.

Formation of Transport Infrastructure in Siberia: Historical Experience and Future Development

“…A number of Russian experts drew attention to environmental aspects of the initiative; the issue is in the degree of nature damage from the increase in traffic load and the construction of numerous infrastructure facilities [17]. Perhaps, the authors are right to some extent speaking about the possibility of China to therethrough become one of the world leaders [18]. Within the Silk Road Economic Belt, the construction of new Eurasian railways and the reconstruction of old ones are provided.…”

Regional Inequalities and Influencing Factors of Residents’ Health in China: Analysis from the Perspective of Opening-Up

“…The Belt and Road Initiative and the Pilot Free Trade Zone are important policies in China to promote opening-up in recent years. The existing literature has fully confirmed their roles in promoting the growth of regional economic scale and improving the regional environment [15][16][17][18]. However, there are scarce studies conducted on the possible impact of opening-up policies on residents' health.…”