India’s Economic Corridor Initiatives highlights key aspects of current discourses on India’s initiative of the International North-South Transport Corridor (INSTC) and Chabahar, and their geo-economic significance. INSTC was founded by India, Russia, and Iran, and the Chabahar port in Iran provides a major prospective conduit for India's interchange and commerce with West Central Asia while maintaining a strategic distance from Pakistan's entry route. This book analyses the drastic changes in the equation of international relations in general, and more particularly between India and Eurasian countries. Contributors from Iran, Central Asia, Russia, Armenia and Europe provide a wide spectrum of opinion and analysis on the subject. The chapters claim that these corridors provide an alternative to the BRI and can play a pivotal role in de-escalating tensions through negotiations. A new addition to the debate on contemporary dynamics in Eurasia and India, this book will be of interest to researchers studying economic corridors, transnational and trans-regional economic relationships, security studies, regional and area studies, international relations and Indo-Iran-Russia relations.
This book focuses on the implementation of the China-Pakistan Economic Corridor (CPEC), a multi-billion-dollar infrastructure development project intended to connect Asia with Europe, the Middle East and Africa. By introducing a new analytical approach to the study of economic corridors, it gauges the anticipated economic and geopolitical impacts on the region and discusses whether the CPEC will serve as a pioneer project for future regional cooperation between and integration of sub-national regions such as Balochistan, Khyber Pakhtunkhwa, the Federally Administered Tribal Areas, and Gilgit-Baltistan. Further, it explores the interests, expectations and policy approaches of both Chinese and Pakistani local and central governments with regard to the CPEC’s implementation. Given its scope, the book will appeal to regional and spatial sciences scholars, as well as social scientists interested in the regional impacts of economic corridors. It also offers valuable information for policymakers in countries participating in the Belt-and-Road Initiative or other Chinese-supported development projects.
The economic corridor approach was adopted by the Greater Mekong Subregion (GMS) countries in 1998 to help accelerate subregional development. The development of economic corridors links production, trade, and infrastructure within a specific geographic area. The review of these corridors was conducted to take into account the opening up of Myanmar and ensure that there is a close match between corridor routes and trade flows; GMS capitals and major urban centers are connected to each other; and the corridors are linked with maritime gateways. The review came up with recommendations for possible extension and/or realignment of the corridors, and adoption of a classification system for corridor development. The GMS Ministers endorsed the recommendations of the study at the 21st GMS Ministerial Conference in Thailand in 2016.
2013 saw the launch of the largest, most influential investment initiative in recent memory: China's Belt and Road Initiative (BRI). This globe-spanning strategy has reshaped local economies and regionals networks, and it has become a contested subject for scholars and practitioners alike. How should we make sense of the complex interactions that the BRI has enabled? Understanding these processes requires truly global perspectives alongside careful attention to the role that local actors play in giving shape to individual BRI projects. The contributions in this volume provide both 'big picture' assessments of China's role in regional and global interactions and detailed case studies that home in on the role agency plays in BRI dynamics. Written by leading area studies scholars with diverse disciplinary expertise, this book reveals how Chinese efforts to recalibrate the world are taken up, challenged, revamped, and reworked in diverse contexts around the world.
There has been a great deal of speculation and prognostication about the China-Pakistan Economic Corridor (CPEC). The project’s name suggests it is intended to be an ‘economic corridor’ connecting Pakistan overland with China’s Xinjiang province. This book examines whether CPEC’s primary purpose is as an overland conduit for trade and economic cooperation between China and Pakistan. The key finding is that aims related to regional geopolitics and internal security have, in reality, a more significant impact. The book demonstrates that China’s goals in Pakistan are primarily geopolitical rather than geo-economic, since the notion of constructing an economic and transportation ‘corridor’ between Pakistan and China is logistically and economically problematic due to a range of foreseeable problems. Most importantly, border disputes with India and the containment of domestic separatism motivate are the driving forces for cooperation between the partners. This book will be of interest to scholars who research the BRI, as well as policy makers.
The Chapters in this book written by Chinese and Indian academics and researchers from United Service Institution of India and Sichuan University, explaining the interdisciplinary approaches and comparative perspectives, that may help to understand the essence and implication of China's 'One Belt One Road', initiative by identifying the convergences of interest in terms of social and economic development, political and cultural exchanges and remove the potential hindrance. The Chapters explained the scope of the 'One Belt One Road' initiative as the mega-development project and framework proposed by China, focuses on connectivity and cooperation among the regional countries, which to date received mixed reactions. There have been debates across the world regarding different facets of the OBOR initiative from whether it is an economic or strategic initiative or only a re-branding or a slogan for already existing ideas and projects. The views and vision expressed by the authors on OBOR in this volume focused on OBOR's economic approach and nature with a parallel initiative to cultural aspects, along with the educational and health care sector cooperation. The Chapters in this Book focussed on OBOR connectivity both on 'Land' and 'Sea' routes, as the OBOR initiative has proposals to connect the Nations by road, rail, and sea. It is quite obvious that OBOR is an ambitious project aimed at spurring the growth of the Chinese economy; however, it is natural that such a vast project and ambition need to provide adequate security guarantees and confidence-building measures. The authors highlighted in the Chapters that to ensure proper consideration of both core and specific interests of individual countries for active participation in the OBOR projects there is a need to promote active interaction for studying the implications and benefits. The authors also elaborated in the Chapters the challenges, opportunities, basic principle and rules of action for such trans-regional projects like OBOR for achieving success. In this Volume, the authors tried to provide both China's and India's perspectives highlighting the significance of reviving the ancient Silk Road connectivity that extends on the world map connecting East with the West. The Chapter's highlighted opinion expressed by the policymakers, strategic analysts and academics in India and China, concerning various implications attached to the OBOR initiative. Chapters in this volume highlighted various opportunities, concerns and challenges looking into the policy options as well as academic considerations, however, the argument clearly indicates that there is a need to act strategically on issues related to OBOR both on the 'land' and 'Sea' roads. The arguments are given focuses on the suspicion that still exists in understanding the OBOR's aspirations clearly, hence, it is felt that further clarification on OBOR, alongside with a range of issues between India and China is necessary to facilitate an objective understanding on OBOR and formulate the structure based on mutual benefits.
Bringing together a collection of interdisciplinary chapters on China’s Belt and Road Initiative (BRI, or also known as One Belt One Road), this book offers a comprehensive overview of the topic from a business and management perspective. With contributions from scholars based in Asia, Europe and North America, Volume I provides theoretical and empirical analysis of the opportunities and challenges facing businesses in relation to BRI. Key areas covered include economics and finance, history, trade, value chain and human resource and cross-cultural management, creating a useful tool for academics, as well as policy-makers and practitioners in China and other countries along the new Silk Road.
This book analyses the competing power politics that exists between the three major Asian powers - China, India and Japan - on infrastructural development across the Indo-Pacific. It examines the competing policies and perspectives of these Asian powers on infrastructure developmental initiatives and explores the commonalities and contradictions between them that shape their ideas and interests. In brief, the volume looks into the strategic contention that exists between China`s "Belt and Road Initiative" (BRI; earlier officially known as "One Belt, One Road" - OBOR) and Japan`s "Expanded Partnership for Quality Infrastructure" (PQI) and initiatives like the Asia-Africa Growth Corridor (AAGC) that position India`s geostrategic and geo-economic interests in between these two competing powers and their mammoth infrastructural initiatives.
