This paper establishes the “Rules of Engagement” (i.e. being “Long-Term Greedy”, adopting a “Caesar's Wife Approach” and promoting “Inclusive Growth”), which aim to strengthen the chances of success of “Belt and Road Initiative” (“BRI”) projects.Design/methodology/approachThis study deploys a case-study approach, supported by research on the economic and political development of developing countries.FindingsDespite the professed altruism of BRI projects, many of these projects have been bedevilled by corruption scandals, financial overruns and spurious accusations of them being used as politically driven “debt-traps”. These problems present an urgent need for an overarching overseer to implement the “rules of engagement” needed to enhance the prospect of long-term success in BRI projects.Originality/valueThis study is one of the few academic research papers on the BRI.
Asian Education and Development Studies – Emerald Publishing
Published: Jul 9, 2020
Keywords: Inclusive growth; Marshall plan; Overseer; Rules of engagement; Long-term greedy; Caesar's wife approach