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BRI projects: the “rules of engagement”

BRI projects: the “rules of engagement” 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. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Asian Education and Development Studies Emerald Publishing

BRI projects: the “rules of engagement”

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Publisher
Emerald Publishing
Copyright
© Emerald Publishing Limited
ISSN
2046-3162
DOI
10.1108/aeds-10-2019-0167
Publisher site
See Article on Publisher Site

Abstract

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.

Journal

Asian Education and Development StudiesEmerald Publishing

Published: Jul 9, 2020

Keywords: Inclusive growth; Marshall plan; Overseer; Rules of engagement; Long-term greedy; Caesar's wife approach

References