Yan Wang

Rebecca Ray

Kevin P. Gallagher

William N. Kring

Oyintarelado Moses

Cecilia Springer

Lin Zhu

This year marks the tenth anniversary of China’s historic Belt and Road Initiative (BRI), an ambitious global infrastructure platform to expand connectivity, economic integration, growth and cooperation across the globe. This report synthesizes the work of the Boston University Global Development Policy Center evaluating the promise of China’s overseas economic activity in general, and the BRI in particular. Our policy-oriented research finds that the BRI has delivered significant benefits to the countries that China has engaged with, but has also accentuated real risks for China and host countries alike.

Maximizing the Benefits and Minimizing the Risks of China's Belt and Road Initiative

The BRI at Ten

Richard Kozul-Wright

Diana Barrowclough

This book shows how regional cooperation and integration have increased massively in scale and scope in recent years, as developing countries seek new ways to shield themselves from economic turbulence and to kick-start their economies in the face of stagnant global demand. The trend is partly a defense mechanism against the limitations of the international financial system, but also reflects a wider search for new and different growth paths more appropriate with developing countries’ increasing economic and political voice. As a consequence, the landscape of financial and monetary mechanisms has changed dramatically, especially in the ten years since the economic crisis of 2007–2008.

Collaboration Towards Resilience

South—South Regional Financial Arrangements

William N. Kring

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