Tag Multilateral Banks

37 Items, Page 4 of 8

economic corridor

What Is an Economic Corridor?

In November 2016, the China-Pakistan Economic Corridor (CPEC) was declared open as the first truckload of Chinese goods reached Gwadar Port for international shipment. CPEC is one of six economic corridors (ECs) Chinese president Xi Jinping has announced as part of the country’s Belt and Road Initiative. In response, India and Japan have teamed up to develop an ambitious economic corridor of their own: the Asia-Africa Growth Corridor. As Asia’s powers advance competing visions for connectivity, it is important to understand what this amorphous concept entails.

World Bank: Safer Roads Boost GDP

World Bank: Safer Roads Boost GDP

Quotes and Quotas is a weekly digest of powerful phrases and facts that help explain Asia’s infrastructure push. Road safety is a global challenge, as demonstrated in this CSIS report. Its effects are acutely felt in low- and middle-income (LCIM) countries, which now witness the majority of global road deaths. A new report, released by…

18 Projects to Watch in 2018

18 Projects to Watch in 2018

Reconnecting Asia is tracking developments across a vast landmass that includes 60 percent of the global economy. Every day, new infrastructure projects are announced, some are advanced, and others encounter obstacles. Here is a selection of the top projects to watch in 2018.

China’s 16+1 Poses Few Risks to Europe

China’s 16+1 Poses Few Risks to Europe

China’s approach to Central and Eastern Europe (CEE) has changed dramatically in recent years. For the last three decades, the region was not high on China’s Europe agenda, which focused mainly on Western Europe. But in 2012, the 16+1 format was unveiled during Prime Minister Wen Jiabao’s visit to Poland, signaling a new approach to the region. Since the announcement of China’s Belt and Road Initiative (BRI) in 2013, infrastructure has become a primary focus for the 16+1. China has both economic and political aims for this unusual grouping of countries, and its investments are raising concerns about transparency and accountability. For now, however, the risks are relatively manageable given the modest scope of investment.