The study analyzes the New Silk Road, or Belt Road Initiative (BRI), placing the initiative in a broader framework of internationalization of Chinese development. In this sense, China’s financing networks, global flows of Foreign Direct Investment (FDI) and construction contracts are mapped. The argument is that the initiative is still building the necessary conditions to boost FDI flows in the countries that are part of the initiative. Chinese policy and commercial banks and multilateral credit institutions play an important role in building an ecosystem that fosters stronger economic relations between China and the BRI countries.
The Preferential Trade Agreement Between MERCOSUR and India Consolidates Nearly Two Decades as a Pivot for South-South Cooperation
Since its implementation in 2009, this tariff instrument shared by Argentina, Brazil, Paraguay, and Uruguay has been key to diversifying the block’s export destinations and strengthening trade with one of the most dynamic economies in the Asia-Pacific.
