The Economics of the Belt and Road Initiative
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The Economics of the Belt and Road Initiative
This panel discussion centers on the economics of the BRI, including the identification of key development opportunities as well as potential risks and mitigation strategies. The Initiative offers a unique opportunity to address the large infrastructure gap in developing countries that hampers trade and economic development. However, successful regional and economic connectivity requires more than infrastructure – it also requires effective trade and investment policies and regulations at the border and in the countries. The panel will discuss the factors needed to maximize the benefits of BRI investments, including complementary policies, debt sustainability, and high quality environmental, social, and fiduciary standards.
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Speakers
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Vice Minister, Ministry of Finance, China
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Senior fellow in the John L. Thornton China Center, Brookings Institution
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Chief Economist, AMRO (ASEAN +3 Macroeconomic Research Office)
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Global Director for Trade, Investment, and Competitiveness, World Bank
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Managing Director of the Growth Dialogue