scholarly journals Addressing the Insufficiencies of the Traditional Development Aid Model by Utilizing the One Belt, One Road Initiative to Sustain Development in Afghanistan

2019 ◽  
Vol 11 (2) ◽  
pp. 312 ◽  
Author(s):  
Yanzhe Zhang ◽  
Xiao Yu ◽  
Huizhi Zhang

This paper investigated the use of the One Belt One Road initiative (BRI) as a policy model that might address the insufficiencies of the traditional development aid model in reconstructing and developing Afghanistan. Afghanistan has emerged as one of the world’s most fragile and conflict-affected countries, and it has gained the attention of both academic and political communities since the early 2000s. The materials for this article are based partly on a thorough analysis of the available documentation. The authors also conducted interviews with high-ranking political elites and policy officials in the Afghan government and international organizations. The study employed a purposive sampling method to identify people with firsthand information on how to sustain economic development in Afghanistan. This paper provides new insights by comparing the traditional development aid model and the BRI in terms of social economy, local security and regional economic development. The aim of this research is to evaluate whether the BRI can remedy the insufficiencies of the traditional development aid model in order to sustain development in Afghanistan. The findings provide a better understanding of the BRI in promoting the internal dynamism required to develop the regional economy, and fill a gap in the literature with regard to the applied and theoretical economic growth models for stabilizing and sustaining the development of fragile and conflict-affected states.

2019 ◽  
Vol 2 (6) ◽  
Author(s):  
Bowen Duan

With the continuous development and progress of social economy, people pay more and more attention to financial risks. Thus modern economy has close link with finance, and the One Belt and One Road is a new exploration of social economy. If the modern economy wants better development, One Belt and One Road construction should be brought into economic development. And it has a impact on trade financing and outward investment of enterprises. Therefore, if it wants to be carried out smoothly, the financial management mechanism should be improved. In this paper, a concrete analysis of the identification and supervision of financial risks will be made under One Belt and One Road construction.


Author(s):  
N. Das Kundu

The “One Belt One Road” initiative, is mainly to increase the regional cooperation and develop trade and economic collaboration. Nonetheless, with the OBOR initiatives China is also seen using commerce as a tool to expand its geopolitical and geostrategic influence. This article tries to highlight various aspects on “One Belt One Road”. The article would try to bring forth the insights, which helps in understanding the debates on new geo-political reality and trade and economic development through possible regional cooperation.


2019 ◽  
Vol 5 (1) ◽  
pp. 17
Author(s):  
Asaad Hamdi Maher

The currency is the main engine of the process of trade at the internal and external levels, and the exchange rate is one of the fundamentals of the foreign trade to settle international payments, as the import process to the currency of the country of origin to pay the value of imported goods on the one hand, on the other hand, we find that individuals in the case their travel to another country they need the currency of the country they travel to, and in this case they find themselves in the process of exchange, so that shifting in the exchange rate affect the process of trade and thus on economic growth. Based on the above, the title of the topic, which aims to identify the theoretical framework of exchange rates and economic growth models as well as measuring the impact of exchange rate fluctuations on economic growth in Iraq, has been chosen by formulating a standard model for the period 1995-2015


2020 ◽  
Vol 70 (2) ◽  
pp. 22-29
Author(s):  
N.G. Abiken ◽  
◽  
E.M. Kagazbaeva ◽  

The One Belt, One Road Initiative reflects China’s desire to take a politically and economically leading place in the modern world. The Chinese leadership explain the reason for the initiative to be put forward by the needs of China's internal development, emphasizing that external openness is an important impetus for the country's socio-economic development. China is becoming more active thanks to major international summits at its venue; initiative, the number of new initiatives and concepts is constantly growing, while old ideas are being developed.


Author(s):  
Gulnara N. KHADIULLINA

The aim of the study is to identify objective and subjective prerequisites, as well as the consequences of the participation of the Russian Federation in the implementation of the Chinese strategic initiative “One Belt, One Road”. During the study, we set and solved the following tasks: analyzed the stages of formation and implementation of the strategic initiative in the period from 2013 to the present; studied the impact of the Silk Road Economic Belt project on the dynamics of indicators of the development of the Chinese economy; identified the main directions for the development of Russian–Chinese foreign economic relations, as well as the advantages and threats of the project implementation for the Russian economy. The multidimensional nature of the problem predetermined the need to use the provisions of theories of the world economy, state regulation of the economy, theories of international trade and international economic relations. In order to achieve its objectives, the study used a systematic approach, which made it possible to consider the strategic initiative of the People's Republic of China “One Belt, One Road” as a result of realizing the absolute and relative advantages of the participating countries and determine the nature of its impact on the dynamics of their economic development. The study concluded that the absolute and relative advantages of the Russian economy, historical and cultural factors, as well as the leading role of the Russian Federation in integration processes and in maintaining regional security within the framework of the Eurasian Economic Union, are among the prerequisites for the participation of the Russian Federation in the implementation of the “One Belt, One Road” strategic initiative. The analysis showed that the prospects of trade and economic cooperation between Russia and China within the framework of the strategic initiative “One Belt, One Road” are due to the predicted steady growth rate of domestic aggregate demand and supply, as well as the development of policy documents aimed at the formation of effective institutions that regulate integration processes.


2018 ◽  
Vol 1 (1) ◽  
pp. 603-612 ◽  
Author(s):  
Magdalena Graczyk ◽  
Piotr Kułyk ◽  
Leszek Kaźmierczak-Piwko ◽  
Łukasz Augustowski

Abstract The study presents the impact of eco-innovation and policy conducive to the implementation of the principles of sustainable development in agriculture on economic development. The starting point was the analysis of economic growth models and indicating in them the approach to innovation for the implementation of sustainable development. The specifics of eco-innovation in the agricultural sector and their typology have been presented. Due to the complexity of innovative processes and in particular the resulting effects, multi-component measures of innovation and eco-innovation have been discussed. In the last part, using the panel analysis, the effect of eco-innovation in agriculture on socio-economic development at the level of the entire economy has been demonstrated.


1968 ◽  
Vol 8 (4) ◽  
pp. 606-617
Author(s):  
Mohammad Anisur Rahman

The purpose of this paper is to re-examine the relationship between the degree of aggregate labour-intensity and the aggregate volume of saving in an economy where a Cobb-6ouglas production function in its traditional form can be assumed to give a good approximation to reality. The relationship in ques¬tion has an obviously important bearing on economic development policy in the area of choice of labour intensity. To the extent that and in the range where an increase in labour intensity would adversely affect the volume of savings, a con¬flict arises between two important social objectives, i.e., higher rate of capital formation on the one hand and greater employment and distributive equity on the other. If relative resource endowments in the economy are such that such a "competitive" range of labour-intensity falls within the nation's attainable range of choice, development planners will have to arrive at a compromise between these two social goals.


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