Understanding China's Belt & Road Initiative

The Belt & Road Initiative (BRI, afterward) is an innovative and great proposal which has been termed as the 'project of the century'. This book is the outcome of an academic research on the BRI led by China. The BRI is the most discussed and debated topic in the current world. The author investigates and analyzes the ongoing debate and its ramifications for the world in general and China in particular. The theoretical underpinning of the BRI and its connection to overall policy matters pose a dilemma for scholars, policy-makers, and interested readers. This is, therefore, the first systematic attempt to explain the BRI from the perspective of the institutional economics. It covers a wide range of economic, social, political and strategic matters with regard to the global rise of China and the BRI. The book is likely to ignite public and scholarly debate to debunk myth from reality while discussing the larger issues of the BRI. So, the book would be of immense value to the researchers, academicians, analysts, students and teachers interested in ares like economics, political science, international relations, history, development studies and the readers in general.