Open Access. Powered by Scholars. Published by Universities.®
Social and Behavioral Sciences Commons™
Open Access. Powered by Scholars. Published by Universities.®
Articles 1 - 2 of 2
Full-Text Articles in Social and Behavioral Sciences
China’S One Belt One Road Initiative—A Debt Trap?, Qi Liu
China’S One Belt One Road Initiative—A Debt Trap?, Qi Liu
Electronic Theses and Dissertations
Infrastructure has been a bottleneck for industrialization of developing countries. After decades of economic growth led by investment in infrastructure, China released its first global strategy in 2013, One Belt One Road (BRI), to improve infrastructure in less developed countries along the belt and road. Although economic development has been witnessed in some BRI members, large amount of investments from China raised concern over debt crisis from the Western world and host countries. Countries receiving loans from China are struggling to effectively manage the BRI projects. Some are renegotiating the investments with China and some BRI members even canceled them. …
The Interplay Between Economic Growth And The Environment: The Case Of China, Christian D. Carpio-Thomas
The Interplay Between Economic Growth And The Environment: The Case Of China, Christian D. Carpio-Thomas
Electronic Theses and Dissertations
Historically, economic development has come at the cost of environmental degradation. Since the 1980s, neoliberalism rooted in neoclassical theory has dominated mainstream economic thought. The result has been a dramatic increase in environmental degradation in favor of economic growth. The neoliberal recommendations toward development are encapsulated in the Washington and post-Washington Consensuses which promote the liberalization of trade and foreign investment as well as a reliance on market mechanisms. Ultimately, the goal of neoliberalism is to generate growth regardless of the impact that it places on the environment. The case of China presents an example of an economy which pursued …