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How to Cite
Belt and Road Initiative: A Step towards Shared Economic Growth
Abstract
Belt and road initiative is strategic economic program that will enhance the economic growth of countries by facilitating through infrastructures development and ease in trading procedures. The case studies discussed in this article from Pakistan, Malaysia and Kazakhstan concluded that these countries have witnessed significant positive changes due to the participation in the belt and road. The GDPs have improved and the influx of foreign direct investment has increased that signifies the growth of a country, thus it can be concluded that belt and road initiative is a step towards shared economic growth and development through economic integration. The policies under BRI would be beneficial for all the countries involved in it to create paths for the mutual growth and development that support the progress in world economy.
Authors
Afsheen Zeeshan
Lecturer, Department of Government and Public Policy, National Defence University, Islamabad, Pakistan
Dr. Shafei Moiz Hali
Assistant Professor, Department of Government and Public Policy, National Defence University, Islamabad, Pakistan
Dr. Nauman Ali Talib
Assistant Professor, Department of Government and Public Policy, National Defence University, Islamabad, Pakistan
Keywords
Belt Road Initiative, GDP, Economic Integration, Shared Economic Growth
