Financing the Belt and Road Initiative (BRI): research agendas beyond the “debt-trap” discourse

  title={Financing the Belt and Road Initiative (BRI): research agendas beyond the “debt-trap” discourse},
  author={Karen P. Y. Lai and Shaun Lin and James D. Sidaway},
  journal={Eurasian Geography and Economics},
  pages={109 - 124}
ABSTRACT By way of introduction to the four papers that follow, we chart some key parameters of debate about finance and the Belt and Road Initiative (BRI). In particular, we argue that the rise of discourses about “predatory lending” and “debt trap” (that feature in much commentary and reportage about BRI) merits critique and contextualization. The financing needs of BRI also raise important implications for the geography of financial markets and business services in Asia and other key… 
Banking ‘development’: the geopolitical–economy of infrastructure financing
ABSTRACT In the post-2008 global economy, infrastructure development and financing have risen to the top of the development agenda, emerging as a contested field for global investments involving
Sovereign Debt in the Making: Financial Entanglements and Labor Politics along the Belt and Road in Laos
abstract This article examines the contingent and contentious processes through which debt is created to finance major infrastructure projects. I contend that practices aimed at structuring credit
Financing agrarian change: Geographies of credit and debt in the global south
  • W. N. Green
  • Economics, History
    Progress in Human Geography
  • 2022
This article critically analyzes agrarian finance in terms of household credit and debt in the global south. I introduce interdisciplinary concepts about agrarian finance before reviewing how
Theorizing Belt and Road construction mode from institutional and cultural perspectives
There is a gap between the great vision and high-quality targets of the Belt and Road Initiative (BRI) and Western recognition of them, which challenges Chinese and Western scholars. This gap should
Mitigating social-ecological risks from the surge in China’s overseas investment: an Indonesian profile
Rapid development has become a global priority as countries strive to meet the UN Sustainable Development Goals by 2030. Sustainable development is crucial for increasing human well-being in emerging
The belt and road initiative: a systematic literature review and future research agenda
This paper is an attempt to systematically classify and further scrutinize the BRI literature within the management and economics field in order to navigate further academic inquiry into this multi-component phenomenon.
The dragon dithers: assessing the cautious implementation of China’s Belt and Road Initiative in Iran
ABSTRACT In the Belt and Road era, one would expect an increase in the amount of Chinese economic engagement with Iran due to its strategic position on the Persian Gulf and its rich oil reserves. Yet
China’s Belt and Road Initiative as Nascent World Order Structure and Concept? Between Sino-Centering and Sino-Deflecting
ABSTRACT This article considers Chinese state-sanctioned representations of the Belt and Road Initiative (BRI) as the conceptual apparatus of a Chinese state project with world order significance.
Money and Borders
Money and finance are often thought of as forming a uniform, frictionless global space. While events in the last decades have certainly shown how monetary and financial practices and events have


Structural power and the financing of the Belt and Road Initiative
ABSTRACT The question of financing the Belt and Road Initiative sharpens the broader debates about the intentions behind and implications of the initiative, in particular, whether it represents an
Examining the debt implications of the Belt and Road Initiative from a policy perspective
China’s Belt and Road Initiative (BRI) hopes to deliver trillions of dollars in infrastructure financing to Asia, Europe, and Africa. If the initiative follows Chinese practices to date for
Financing the Belt and Road Initiative
ABSTRACT The Belt and Road Initiative (BRI) has attracted the involvement of increasing numbers of countries in the world, but also caused a lot of concerns about its financing given its sheer size.
Framing the Asian infrastructure investment bank: a qualitative analysis of the political debate and media coverage on a China-led multilateral institution
Abstract This qualitative study is designed to identify the frames in the debate on the Asian Infrastructure Investment Bank (AIIB) and analyze the framing by different actors. To that end, it drew
World cities under conditions of financialized globalization
This paper interrogates the enduring yet changing role of world cities as centers of capitalist ‘command and control’ amidst deepening uneven development. By incorporating financialization processes
Business Services and the Financing of Global Production Networks: The Case of Global Law Firms in Southeast Asia
Financial and business services (FABSs) as intermediaries play a significant role in global production networks (GPNs). Yet, the mechanisms through which they influence the activities of lead and
Where governance fails
The paper revisits the literatures on financial geographies, advanced business services, world cities and offshore financial centres. Linking these bodies of research, the paper argues that the
Integrating Finance into Global Production Networks
Coe N. M., Lai K. P. Y. and Wójcik D. Integrating finance into global production networks, Regional Studies. While successful in its aim of ‘globalizing’ regional development, the global production