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Economics

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The University of Maine

Honors College

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2020

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Participation In The Belt And Road Initiative: Who Joins And Why?, Patrick Groening May 2020

Participation In The Belt And Road Initiative: Who Joins And Why?, Patrick Groening

Honors College

The Belt and Road Initiative (BRI) is a large-scale, global infrastructure project introduced by Chinese President Xi Jinping in 2013. The primary goal is to invest in infrastructure projects across Eurasia and Africa in an effort to improve regional connectivity. This research explains who participates in the BRI through cross-country quantitative analysis and two in-depth qualitative case studies. Through a logit analysis of political economy factors such as GDP per capita, FDI inflows, aid data, and others, I find that economic need is a significant predictor of membership as well as previous involvement in Chinese organizations such as the AIIB. …