You searched for: Content Type Policy Brief Remove constraint Content Type: Policy Brief Political Geography Asia Remove constraint Political Geography: Asia Publication Year within 3 Years Remove constraint Publication Year: within 3 Years Topic Economics Remove constraint Topic: Economics
- Author: Justyna Szczudlik
- Publication Date: 02-2016
- Content Type: Policy Brief
- Institution: The Polish Institute of International Affairs
- Abstract: Asia could be described as the world’s great construction site, and is already the focus of a scramble for infrastructure projects. Among countries competing for investments are not only China with its Silk Road initiative, but also Korea, Japan, India and ASEAN, which have prepared their own infrastructural strategies. The plethora of initiatives may have a positive impact on Asia, offering diverse solutions to the infrastructural bottleneck and reforms of existing institutions and modes of assistance. But there is also the risk that fierce competition may result in unprofitable projects, while economic slowdown could cause a decline in funding. For Europe these initiatives create opportunities to take part in new projects, but the EU should be aware that the projects will be implemented mainly in Asia and by Asian countries.
- Topic: Economics, International Trade and Finance, Infrastructure, Reform
- Political Geography: Asia