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The Inclusive Globalization Strategy of «One Belt, One Road» Lymar V. V., Ji Zhi
Lymar, Valeriia V., and Ji, Zhi. (2020) “The Inclusive Globalization Strategy of «One Belt, One Road».” Business Inform 2:23–28. https://doi.org/10.32983/2222-4459-2020-2-23-28
Section: International Economic Relations
Article is written in UkrainianDownloads/views: 2 | Download article (pdf) - |
UDC 339.942
Abstract: The article is concerned with studying the inclusive globalization strategy of «One Belt, One Road». It is defined that this initiative should contribute to the so-called rebirth of the great Chinese nation and serve the realization of the following goals: formation of a wealthy middle class and the building of a democratic socialist State. The Silk Road Economic Belt aims to promote the free movement of economic factors, efficient allocation of resources, deepen market integration, and support the coordination of economic policies of countries along the «One Belt, One Road» initiative, expanding and deepening regional cooperation, creating an inclusive and balanced architecture of regional cooperation in which all parties obtain benefits and opportunities for sustainable development. It is defined that to date there are already such results of cooperation between countries within the framework of the «One Belt, One Road» initiative: Asian Infrastructure Investment Bank (AIIB) – an international financial organization, which aims to promote international financial cooperation in the Asia-Pacific region, to finance projects from constructing roads and airports to sphere of services; The University Alliance of the New Silk Road (UANSR), whose tasks are defined as follows: improving the quality of education at universities in the countries that have joined the alliance; facilitating the economic growth of the Silk Road Economic Belt countries; establishing international relationships between universities in conducting joint research in the economic and political sectors; cultural activities to help strengthen diplomatic ties between the countries; developing educational exchange programs between universities; Strategic Union of Higher Education Institutions and the Tourism Union of the «One Belt, One Road» Cities. The cooperation of countries within the «One Belt, One Road» initiative is developing and deepening very quickly, which leads to interest in further study of this problematics.
Keywords: One Belt, One Road initiative, inclusive globalization, Silk Road, Economic belt, Asian Infrastructure Investment Bank.
Fig.: 3. Tabl.: 1. Bibl.: 21.
Lymar Valeriia V. – Doctor of Sciences (Economics), Associate Professor, Professor, Department of International Relations and Foreign Policy, Vasyl’ Stus Donetsk National University (21 600-richchia Str., Vinnytsia, 21021, Ukraine) Email: [email protected] Ji Zhi – Postgraduate Student, Department of International Economic Relations, Vasyl’ Stus Donetsk National University (21 600-richchia Str., Vinnytsia, 21021, Ukraine) Email: [email protected]
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