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  • Report  |   2018

    Multidimensional Connectivity: Benefits, Risks, and Policy Implications for Europe and Central Asia

    Author(s): Gould, David ; Kenett, Dror Y. ; Panterov, Georgi

    International connections through trade, foreign direct investment, migration, the Internet, and other channels are critical for the transmission of knowledge and growth and form macroeconomic linkages. But how much knowledge is transmitted to a country is not only the result of the overall level of connectivity, but also to whom a country is...

  • Report  |   2018

    Connectivity Along Overland Corridors of the Belt and Road Initiative

    Author(s): Kunaka, Charles ; Liu, Xingjian ; Derudder, Ben

    The six land corridors that are the  ‘Belt’ part of the Belt and Road Initiative (BRI) connect more than sixty countries. As the initiative progresses, policy makers, analysts and researchers are trying to answer a few open questions of which the most common are: How can a country best benefit from the BRI? How should projects be prioritized and...

  • Report  |   2014

    Integrating Border Regions: Connectivity and Competitiveness in South Asia

    Author(s): Cali, Massimiliano ; Farole, Thomas ; Kunaka, Charles ; Wagle, Swarnim

    Deeper regional integration can be beneficial especially for regions along international borders. It can open up new markets on opposite sides of borders and give consumers wider access to cheaper goods. This paper uses data from five contiguous districts of India, Nepal, and Bangladesh in the northeast of the subcontinent to measure the degrees...

  • Report  |   2018

    The Eurasian Land Bridge: The Role of Service Providers in Linking the Regional Value Chains in East Asia and the European Union

    Author(s): Pomfret, Richard

    Rail links between China and Europe are typically analysed in the context of China’s Belt and Road Initiative, focusing on China’s economic rise and the implications for international relations. This paper argues that establishment of the China–Europe Land Bridge predated the Belt and Road Initiative and has been market-driven, as service-...

  • Report  |   2018

    Foreign Investment across the Belt and Road: Patterns, Determinants, and Effects

    Author(s): Chen, Maggie Xiaoyang ; Lin, Chuanhao

    This paper examines the patterns and  economic effects of foreign direct investment across the Belt and Road Initiative countries and assesses the potential role of the initiative in shaping the patterns and effects. Exploring cross-country bilateral transportation cost and foreign investment data, the analysis shows that, by reducing overall...

  • Report  |   2018

    How Much Will the Belt and Road Initiative Reduce Trade Costs?

    Author(s): de Soyres, Francois ; Mulabdic, Alen ; Murray, Siobhan ; Rocha, Nadia ; Ruta, Michele

    This paper studies the impact of transport infrastructure projects of the Belt and Road Initiative on shipment times and trade costs. Based on a new data on completed and planned Belt and Road transport projects, Geographic Information System analysis is used to estimate shipment times before and after the Belt and Road Initiative. Two sets of...

  • Report  |   2018

    Trade Linkages Between the Belt and Road Economies

    Author(s): Boffa, Mauro

    This paper studies the production and trade linkages between a selected group of economies belonging to the Belt and Road Initiative (BRI). After defining a group of Belt and Road Economies, the paper uses three standard trade databases to analyze trade and production linkages among these economies. With the help of state of the art economic...

  • Report  |   2016

    Trade Facilitation and Development: Driving Trade Competitiveness, Border Agency Effectiveness and Strengthened Governance- Transport and Trade Facilitation Series, No 7

    Author(s): United Nations Conference on Trade and Development

    Trade facilitation reforms improve a country’s trade competitiveness and the effectiveness of border agencies. In addition, they can directly help advance development goals such as strengthening governance and formalizing the informal sector. The present study identifies policies to help reap the full development-related benefits from trade...

  • Policy Brief  |   2018

    Commonwealth Trade Finance Facility: Helping Small States Get Access to Trade Finance

    Author(s): Commonwealth Secretariat

    The Commonwealth Trade Finance Facility allows Commonwealth small states to access the finance they need to develop trade and sustain economic and social development, by encouraging international banks to make more trade finance available to them. The banks participating in the scheme will receive credit enhancement support through an innovative...

  • Report  |   January 2018

    Financing Infrastructure in Asia: Capturing Impacts and New Sources

    Author(s): Yoshino, Naoyuki ; Helble, Matthias ; Abidhadjaev, Umid

    This book presents several country studies and explains how infrastructure investment can increase output, taxes, trade, and firm productivity. Governments throughout the Asia-Pacific region recognize the catalyzing role of infrastructure investment for sustainable growth. Yet, they are faced with the problem of financing new infrastructure. This...

  • Report  |   January 2018

    Procuring Infrastructure Public-Private Partnerships 2018

    Author(s): Ghossein, Tania ; Ruiz Nunez, Fernanda

    Governments around the world have turned to public-private partnerships (PPPs) to design, finance, build, and operate infrastructure projects. Government capabilities to prepare, procure, and manage such projects are important to ensure that the expected efficiency gains are achieved. Procuring Infrastructure PPPs 2018 assesses the regulatory...

  • Report  |   2018

    Review of Configuration of the Greater Mekong Subregion Economic Corridors

    Author(s): Asian Development Bank

    This review recommends possible extension and/or realignment of economic corridors to enhance their effectiveness and efficiency in advancing economic integration in the Greater Mekong Subregion. The economic corridor approach was adopted by the Greater Mekong Subregion (GMS) countries in 1998 to help accelerate subregional development. The...

  • Report  |   2014

    A Review of International Legal Instruments: Facilitation of Transport and Trade in Africa, Second Edition

    Author(s): de Matons, Jean Grosdidier

    This is the second edition of the 2003 paper entitled "Facilitation of transport and trade in Sub-Saharan Africa: a review of international legal instruments — Treaties, conventions, protocols, decisions, directives.", developed as part of the SSATP program. Three major reasons motivated this update and an expansion of its scope. First...

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