A Cross-Country Analysis of China’s Belt and Road Initiative
China established The Belt and Road Initiative in 2013 to unite the global economy as well as bolter their own political and economic interests. Though the initiative is relatively new, it is important to understand how the Belt and Road Initiative could impact the global economy. This program is open to any country in the world that seeks to improve its infrastructure. However, critics of China’s proposal have questioned whether countries participating in the program gain economically. Through evaluating the relationship between GDP, time, and other significant data provided by the IMF, a cross-country comparison between Pakistan and the Philippines will demonstrate that each country's economy has not significantly grown through these projects.
Pakistan, The Philippines, infrastructure, economy, loans, GDP, Growth and Development, International Economics, International Relations, Macroeconomics, Political Economy
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