TITLE:
Literature Review on Belt and Road Initiative’s Integration for Trade Connectivity of Afghanistan
AUTHORS:
Zakirullah Zaki, Guiliang Tian, Mohammad Yunes Amini
KEYWORDS:
China, Afghanistan, Integration, Belt and Road Initiative, Trade
JOURNAL NAME:
Open Journal of Business and Management,
Vol.11 No.6,
November
27,
2023
ABSTRACT: The Belt and Road Initiative (BRI) intends to expand
connectivity between China and Eurasia by promoting economic integration
through the development of new infrastructure, trade, cultural exchanges,
energy projects, financial cooperation, tourism promotion, policy coordination,
security cooperation, and creating economic zones. Economic and trade relations
between Afghanistan and China have significantly improved during the past 20
years. The Afghan government sees BRI as a significant opportunity to transform
its aid-dependent economy into one that is self-sufficient, stable, and
reliable. However, there is still a significant lack of research on the effects
of integrating the Belt and Road Initiative into Afghanistan’s economic
context. This study attempts to look into any potential economic gains of BRI
to increase trade connectivity in Afghanistan. Despite the importance of the
BRI for both participants and the host country, several factors have been
thoroughly examined in earlier studies in various contexts. These factors
include Foreign Direct Investment, Gross Domestic Product, Transportation,
logistics effectiveness, culture, Institutional Distance Stability, and
Security. So, The key determinants of this study are the overview of BRI,
opportunities, risks, trade connectivity, regional cooperation and diplomacy,
foreign direct investment, trade openness, and political stability have all
been thoroughly reviewed in the literature to be included in this article.
These factors have an immediate impact on the trade connectivity and economic
development of China and the other participating nations. Each of these factors
is carefully examined in this article, which provides in-depth insights into
the topic. In addition to setting the groundwork for further studies in this
area, this study is expected to make a significant contribution to the academic
literature on both a national and international level.