Norman Macrae -The Economist pro-youth economist -bravo sir fazle abed & jack ma
june 2019 hot network presentation japan can - diary for next 18 months of optimistic plays
Q&A firstname.lastname@example.org wechat and whatsapp+1 240 316 8157 linkedin UNwomens Twitter myUNUSlab - - alternative ways out of washington DC and brexit celebrating women media and economists and educators and heroines sustaining planet and families everywhere - a worldrecordjobs.com and economistdiary.com co-production with nornan macrae foundation The Economist's tech storyteller and end poverty sub-editor
http://www.normanmacrae.net http://www.economistdiary.com Vote for who's www.worldrecordjobs.com who?AI Trillion times moore than 60's: Emperors & royals loveQ we peoples. Mobile who's sdg action webs do child, teacher & AI coder need to app? welcome to most exciting decade - to be or not to be that is the Q?
EconomistDiary Updates 2019 #BR1Japan-Korea-Taiwan-HK;; #BR0 Inside China: @BR2 Women India Subcontinent #BR6 AI USA - #BR5 Geneva, Luxembourg, Paris, Rome
Discuss how to help world record jiob creators under 30s alumni between now and Tokyo Olympics- clickpic
is unctad summit oct 21 geneva sustainability trade's best ever or what?!!
2018 welcome to 175 birthday of The Economist founded by James Wilson 1843 - we hope you will enjoy sampling valuetrue media and mapping - up to 1990 The Economist regularly surveyed peoples nations however scary their history to celebrate possible future trading win-wins of people and sustainability worldwide - we hope to see this joyful purpose of media return to BRI.school as every young person joins in asking whether their continents coastal belts and over land Roads/Grids are designed to sustain happy trades and livelihoods or the exact opposite - Little Sister Sustainability or Big Brother climate and human collapse?
These are the most exciting times to be alive - as parents decide whether to invest in youth and change children's education in time for them to help every community thrive. Where will World Record Jobs Creators turn up to celebrate millennials as the first sustainability generation- EconomistDiary.com -help search out event where leadership collaboration inspires changes to how everything is taught
download to one click through to every survey
update 2020...Shall we design markets for 10 billion, 3 bn or zero people?..
As people concerned by community and global media, this is our fast moving understanding of what partners in UN's great debate on sustainability goals (17 goals is a lot for one screen -more at EconomistRefugees.com) is about? we (eg 6 generations of diaspora scots mediating community health across 4 hemispheres) love to hear what you think the purpose of sustainability goals education is. rsvp email@example.com
Depending what languages and faiths you use, different origins to this debate can be found. The one my scottish diaspora family knows best started 175 years ago in 1843 around James Wilson. His first concern was whether it was possible to design markets so that 2 islands - britain and ireland- grew in peace. He founded The Economist in 1843 to host what became a 17 year debate during his life time. The results were mixed ..continued here
WHATS NOT POSSIBLE TO IMAGINEER AS FINTECH BANK FOR 2 BILLION POOREST BLOSSOM?
July 2018: breaking news from EconomistDiary, Norman Macrae Foundation partners with BRAC- Bangladesh's and girl empowerment's hub of WISE world's first education laureate to host futures roundtables of girls' fintech and edutech. October 1-7 sees our 3rd event following roundtables with Sir Fazle Abed and Kamal Quadir which were both kindly staged by the Japan Embassy in Dhaka, Though largely unacknowledged. dad , Norman Macrae, was awarded The Emperor's Order of the Rising Sun with Gold Bars for relentlessly arguing that essential to sustainability goals would be a return to people/family centric economics ; :Population-wise this would be led by the East especially the tenth of the world's young women living in China and Bangladesh. We aim to celebrate the recent fintech partnership between www.bkash.com of www.brac.tv and Jack Ma's Ant Finance of Alibaba -which is set to bank for empowering the poorest 2 billion on the planet. Moderating the week will be Ying Lowrey, Chinese academia's lead researcher of Ali Baba, featuring fresh news of the new global business school and all curricula celebrating SME value chain: (More on Professor Lowrey of Tsinghua.)
(3rd week of July_) Jack Ma was just invited by the UN's Guterres to lead a new panel on digital cooperation in every market : first report march 2019 ready for 100 nation's leaders of Belt Road Imagineering (EconomistDiary April 2019 Beijing BRI 2.0 host Xi Jinping).
On Dhaka's Road to Beijing, friends of BRAC and ALIRESEARCH hope to progress edutech connections -ref why Norman Macrae's Entrepreneurial Revolution demanded a sea-change in education if sustainability is to be all parents' gift to millennials livelihoods and joy of being universally connected. firstname.lastname@example.org washington dc 240 316 8157
BELT ROAD DIGITAL COOPERATION & SDG ECONOMIC ZONES
Jack Ma and Melinda Gates report due Spring 2019 in time for sustainability's top 100 national leaders to celebrate at the second BRI.school summit to be hosted by Xi Jinping Beijing May 2019
more at EconomistDiary.com which aims to celebrate formal meeting of national leaders eg over 65 national ledaers mapping beyond colonisation's world trade routes - next beijing may 2019, tokyo olympics summer 2020 - and informal collabioations next dhaka oct 1-7, 2018 - email@example.com
From The Economist 1976 Coming Entrepreneurial Revolution by Norman Macrae; celebrated across Italy with Romano Prodi - where are friends of small enterprise globalisation today? Norman died 2010- april 2017 Romano Prodi at Beijings ThinkinChina -Norman's 3 MVPs of Entrepreneurial Revolution
Sir Fazle Abed, BRAC Bangladesh, Chief Guest at Japan Embassy celebration of Macrae 2012
Muhammad Yunus, Chief Guest Norman;s last public birthday party St James, London, 2008
MAO: women lift the sky of half the world -
.1962 Consider Japan:1967 Japan Rising part 2.1
What will human race produce in 20th C Q4? - Jan 1975
1991 Survey looking forward to The End of Big Banks contoling Politicians...
partnering 7 billion peoples' S-goals-Goal 17
WorldClassBrandsNetwork founded 1988 when norman macrae retired from 40 years as The Economist's end poverty ... -our network linksin youth and journalists concerned with mediating better futures for next generations. We publish the transformational genre of how world's most resourced organisations partner intergenerational sustainability ; explore conscious purposes of market sectors triangularised by global youth. In our league tables:
#1975now to#2025now Partners in World Record Book of Job Creation
Curriculum of Entrepreneurial Revolution was started up in The Economist by father Norman Macrae 1 2 to debate 4 greatest ignorances that the rich'swestern world was starting the 4th quarter of the 20th century with.
Not understanding what failed system is identified with rural poverty -eg lack on infrastructures of electricity, educational-communications, running water and sanitation, roads and so time-sensitive supplies of life critical goods including basic nutrition infants need
Vested interests spinning societies to turning blind eye to slum and semi-urban povertyWorld Record Empowerment
Denial of our species biggest danger that 3 halves of the world - women, youth, poorest as yet have less than 10% voice in what futures compoundWorld Record Open Edu
.consider the first worldwide generation what open system mathematicians like Einstein and Von Neumann posed as the grand challenge of designing technologies of connectivity around a higher order system than constitutions rule over
|Help millennials end inconveniences of 20th C politicians & tv?
his greatest debates on youth futures start in 1972 when he saw students experimenting with digital networks:
-what are best ways of learning about such ideas as:
1972: Over the next 2 generations two thirds of humanity should be raised from intolerable indigence to something better than that which a third of us already enjoy. The remaining aim of the political economist should be to support whatever system she thinks could cause this to happen more quickly or more smoothly
3) 1948 diaries reveal the right old muddle around which the NHS started- with hindsight could not most economists map a design that compounded in a 2 times more economical way?
2) the coming mobilisation of information technology could surely double efficiency by sharing life-saving information and connecting remote experts with local emergency interventions
1) there should be courageously mediated choices (however politically incorrect) on what a public system should not cover - if for example father's statistic that over half of national health costs are connected to keeping of people alive for an extra year, then such national mis-spending is at odds with every parent who strives to see their children have a better livelihood opportunity in the future than the past (ultimately the only way a place can wholly develop)
|Norman Macrae last journalist mentored by Keynes, whose General Theory concluded 1) "increasingly economics rules the world" and 2) greatest risk to youth's productivity is elderly macroeconomists. Norman's 40 years of journalism at The Economist aimed to help net generation prevent ruin by economists by collaborating entrepreneurially in 10 times more productivity out of every community. On seeing 50 youth on a digital net in 1972, Norman coined term Entrepreneurial Revolution -2012 being 40th year of debates of www.erworld.tv|
Share optimistic determination of investing in next generation interacted by friends of The Economist’s Unacknowledged Giant with the founding fathers of digital media’s ecology!
ER The French word Entrepreneur "between take" originates in cutting off heads of royalty *the one per cent of late 1700s" for monopolising peoples' productive assets- let's agree more joyful ways of transferring assets for youth to be productive, how do we deal with over-government crisis identified in The Economist since 1978...? Political and other bureaucrats now control more of GDP by so-called western democracy than ever that of old priests, kings or communists. 2010s is the decade where changing .gov will determine sustainability of all our children's children
The Economist. Saturday, 22 January 1972. 2011-2012: 40th year: dialogue started with networks of The Economist in 1972: how to prevent macroeconomists collapsing global financial economy in 2012.
Norman Macrae nearly 4000 leaders @ The Economist. By tradition only surveys were signed. 1962, Norman's 14th year of 40 at The Economist saw his first survey "Consider Japan" signed. Next year: he led a team to USSR: survey forecast communism would die within a quarter of a century. Decade later 1972 survey" gave western economists a maximum of 40 years to prevent meltdown of global financial system; whence his joyful surveys on Entrepreneurial Revolutionmapped where leaders were redesigning the net generation's most productive futures - forecasting in 1975 the asian pacific worldwide century and journalising the first book of the internet's economic and social business media significance in 1984.
rsvp firstname.lastname@example.org (tel wash dc 1 301 881 1655 ) if you have a specific reason for needing a copy of one of these surveys. I will list options known to me.
Norman Macrae judged Female and Youth grassroots networks of Bangladesh as the winners of The Economist's Entrepreneurial Revolution net generation competition 1976-2005. He spent his last 5 years preparing to co-launch Journal Genre of New Economics starting up Yunus Partnership @ Journal of Social Business with Adam Smith Scholars & Friends of Bangladesh's 40 year test marketing of microeconomics and global village networking.
011 ad from Economist The global economy – Another year of living dangerously
Macroeconomic crises have a dismal way of recycling each quarter of a generation AND getting larger as global disasters. Reviews at worldeconomist.net
Norman Macrae's main books include:
1955 London Capital Market
1963 Sunshades in October
1984 with Chris Macrae The 2024 Report - aFuture History of The Net Generation to 2024 republished over next 2 years in many languages as 2025 Report or 2026 Report with a 1993 update in Swedish : Den Nye Vikingen - Sweden's Future 1995-2015
1992 John Von Neumann = Biography
plus Scenario chapters of Hackett's 3rd world war series aimed at military wanting to downsize themselves so that peace dividend is invested in net generation's borderless world
Radical Reaction : Advert to book compiling several early Hobarts from Institute of Economic Affairs
Consider Japan Part 1 - Survey by Norman Macrae
The Most Exciting Example
Consider Japan Part 2
Lessons for Developers?
Changing Russia - Survey led by Norman Macrae
Ad of Norman Macrae's Book Sunshades in October (no free reviews allowed of books by E-journaists)
Sample of world record jobs profiles and 13 most energetic world trade maps
#BR6 USA, Ca
Bejos & Leonis
Quadirs & BRAC
Berners Lee & MIT
Yo Yo Ma % IM Pei
Ray Andersen RIP
#BR5 W Euro
#BR4 E Euro
#BR2 S Asia
Sir Fazle Abed
CK Prahalad decesased
#BE1 Far East
Jack Ma ,
heads of UNCTAD, UNHABITART and UNGA
Jim Kim WB
#BR11 Arctic Circle
#BR8 Med Sea
#BR7 Mid East & Stans
Founding family Dubai Supercity
#BR0 China Xi Jinping , Jin Liquin, Leaders of baidu ten cent (Ma see BR12) Guo Guangchang
Old Word Trade
Up to 1500, the main world trade map looked like this.
Crossroads Beirut: N & W to Europe, South and West to Africa- East along latitude 30 all across Asia to China : The Silk Road. Those places in Europe and Africa sharing med sea coastal belt could sail to and from Beirut . Few people explored the whole silk road like Marco Polo's 7 year trek, Rather it was a really hundreds of neighbors who kept traders safe and valued diversity of being connecfion of the world's market ( places didnt do that would be diverted round). Apart from gold, the main currencies came from China in form of spices and silks. Both light enough to transport- and the further they traded from their source of origin the more their rarity value appreciated
Then around 1500 came the discovery of two new mercantile navigation routes: west of Europe to the new world of the Americas and around Africa to the southern coastal belt of Asia , processes of colonization started. Unknowingly as well as knowingly the empire mindset dictated what it wanted to trade, when trade is all take with no regard to how the other side needs tio develop the result is the colonised economy become smaller and smaller. Those who had immigrated to USA ended this outcome with their declartaion of independence, but colonization of the old world by Euripe of Africa and Asia continued. Notably the British were the dominant colonisers of places facing that south Asian coastal belt. The whole of the Indian subcomtient – the largest population in the world was colonised. Their share of world market went down from over 20% to about 5%. By 1860 the English had got to China. Whilst not attempting to colonise China, the English proposed to pay for the highly desired speoices and silks with Opium. Soon the consequence was that China closed its borders to world trade for more than a century. Its share of production also plummeted from being close to its populations share of about 20% to something less than 10%. After 2 world wars it was clear that both the European pattern of big get bigger nation even if this means war or colonization needed to stop. Going post-colonial in a way that developed all the peoples entrepreneurial freedoms also not proved simple for many reasons - heritage of top-down rule, low tax base, many countries inheriting boundaries which may have been convenient for the empire in controling peoples with different cultures but were the borders don't make natural or trading sense (eg landlocked nations) All of this adds to the mapping that now needs to be made transparent if worldwide youth and livelihoods are to emerge as the sustainability generation in which every community thrives
From the viewpoint of 1946, the big lesson from world war 1 had been don’t punish the peoples of a losing nation by forfeiture of land. Offer them a peaceful way to redevelop as fast as possible. This America most generously did both to West Germany and to Japan in the far east. Adding to American this generosity, we would note this critical world record job creators of 1946-1967.
46-53 gandhi - prepping independence of a fifth of world's people, von neumann programabkle computing plus
53-60 deming leaps in engineering quality 60-67 jfk sigbature vision of mo0n race (assasinated 1963)
BRI.school - hear are some examples of Belt Road mapping along which today's world record jobs creators c0-create.
Because of both BRICS and SCO some fascinating colabikratiin projects are goin on woud br3 – they tend to specialize in helpoing people previously landlocked
Trains across 26 nations
Cyber security – when you have huge lands -internal security can be as much an issue as extrenal- alos boirders are complex
Drones etc for checking huge agricultiural space
Potentially the largest scale nww and old energy projects- which new ones woirk
Most countries part oftehse clubes have said
1 they want ecommerce training
2 thyey want to catch up on eg mobile paytets albeit in their own cntexts
3 they want to make -border documents steamlioned
It is quite likely that the whole of ursais will agree all but 10 big markets which can be a sme free tarde zone- they realise the peoples need ,local marklets
Where most useful engineering etach and leapfrogs has been innovated sinec 9150
These countries are mot wedded to wetsrn mass media so interested in much more human models
There are some graret specialities- singpapie=re way ahead on culture, properetty, learning (-new zzalend too)
There are great dispora connections whihch jack ma is able to tap into – Taiwan china hkonkong japan- by making digital progress he can help unite region past old greinave]=nces
The road top alibabolympics his hnt for markets he doesn’t know how to get to with commerce
Suoercitied isddeas shared between internal chuan cities br1 coties and who els
See also whet emit partrners – eg the 6 mit fablabs
Or wher shwab ir4 parthers
Or wher damo partbers
See pods – ansaluyis of 5 million starts ups why softbank bought we work
With nesrlybhalf of world ;population indai and chna need t share sustainabiliyu solution
China has yried to on
-railriads that cpuld be wini0wn for who,e ergeion
On new dev bankog projetsc
It would hbe happy to share lot of wht jack ma knows how to do- best match Nilekani
Bagldesh gork power has lot of simlutions it will share with any fireds of jack ma
Prince charels would happinly help to reconcile conflicts that after all uk mainly made as would other commonwealth memner
India needs health andedu tech that everyone else can help witg
-see alos un pamels where india and jack ma share space
Several wise winners some form s asia – as shpuld do city mintessori
Br2 where halp people live’where women have advane village world and bfreatest leapfrom odels for a billion have emerged
All of over village wprld, montessor ifor,at valued bta perantgly less so by indioa
Fgoes back to pre-digital dsys with brac and ckprahald
But mow poerntially in strorods – depend son which nig data small parrenrs jack m can make
And dependes where will there be edutech breaktgorpghs of same order of impa=oractoce as fintech
Sme basic agricultrure comes from br2
Sme luxury agriculture form br1 and bro
alternative discussions include BrandScotland.net
here is the idea - to 3 things on jack ma's mind -coming seen major videos illustrating his invitations to change the 3 worlds
he has always talked about which markets can he change so all smes (small medium enterprises) are valued by the market not just a few big organisations (this is also what ying has published 2 books on)
he talks about big data small platforms
if you run alipay (or bkash) you have all the data so you can analyse who to give credit to because they will entrepreneur it etc
in changing markets top left he talks about at lest 3 different platforms
markets he can get to with commerce but and sell things
markets he can get to with olympics are happiness markets like arts, fashions, active sports and communities for all-, communities built by the people and which are safe for girls to apprentice outside the classroom
and then there are markets you get to with new finance
if we move to top left CHANGING EDUCATION i have tried to put 7 of the most different areas of education he is working on - to village schools to issuing each year the un report than changes leaders minds the most but which also graduates should be exploring during that class year- they should use their summer vac to entrepreneur the new stuff
SDGS 17 sustainability development goals – eg see www.economistrefugee.com
MOVE TO the bottom -NOW QUESTION the idea that we all live in expoenentially multiplying change era linkedin by the last 14 year of sdgs 2016=2030 we are moving through 1000 to 4000 moore of communications tech changing society (search intel moores law if you not aware)
this is something my father projected as changing since 1946- dads stories on this started 50 years ago www.normanmacrae.net
: of course dad’s details are out of date but not hos hope that humanity can survive and even get happier out of every community the opposite of getting more monetized (anyone who uses that most hateful word is no friend of my family_
- but look at what tech people now say is changing- explore what dream you can make happen if you surf this reality with peers who are changing this now- better if you are the open space facilitator who has lots of peer networks
Example some say g5 instead of g4 as mobile connectivity-
they explain this as revolution where for first time ,hundred times more machines are using mobile and all the connections it makes than 7 billion humans
anyhow this is just one peer network of innovation where you need a combination of very tech people and very human
another compass of innovation: what will be the best human app of blockchain
another! what will be the most relevant robot teaching assistant designed for refugee children
please ask questions if you dont understand what I have tried to give you a quick guided tour of jack ma’s playground above
[somehow a version of this - maybe in chinese needs to be put in front of ying lowrey and we need to ask her for a few hours or a few students to discuss this with
do they have a better way of exploring both the jack of old redesigning sme markets what ying loves most or the new jack (from September 2019 when he says he’s back teaching full time) taking this to wherever people say they are educators or learners as well as debating world leaders deadlines
[7:00 AM, 10/19/2018] Chris Macrae: song if you and christian can look at this -by all means simplify but try to keep terms relevant to jack ma
[7:00 AM, 10/19/2018] Chris Macrae: once you understand it -please have a debate of it with kazi islam
[7:01 AM, 10/19/2018] Chris Macrae: if christain and you need help in contacting him please say
we need just a small number of people who can m,ke sure we are not missing a bug tech idea- and we then need to find ways to debate it with ying
or if she wont debate it i need to come to beijing and present it aiib or UNGA with mark thornton, or start student union club in Columbia then start sharing it with other friendship student cljubs (come over to Maryland for a weekend and see Harrison as well) and back in china to other tsinghua stsuents and at bridge cafe until we find who in beijing does want to link it in
[meanwhile i suggest anywhere that is important to you comes up with one question they would most like to ask to promote jack ma
you can see i have put my brandscotland question
i hope you will tell me if you dont understand ;pieces of above
[7:05 AM, 10/19/2018] Chris Macrae: i am not claiming this is pretty but we need some way of looking at all of tehse things at same time otherwise we have disastyers like brac silo of teaching ruining 5 days in dhaka that could have been world changing
13 tricky borders to sustainability- 7 no trumps
Over 40 years ago dad,The Economist's Norman Macrae, started debating how value will multiply between peoples in an era characterised by death of distance (satellite communications once installed don't make distance a primary cost of communicating the way it used to be)
This is one reason why smart valuation of borders interests me- not just neighbouring nations with land borders though those special opportunities- but if you face a coastal belt your borders may be very fluid and in worldwide space there are no borders – so welcome to our quiz and guided tour in 13 borders. Having said that China has about 15 land birders while the USA has tow. It seems interesting to compare sustainability intelligence of these two biggest marketing spaces. Do they understand what human needs their geographies could be valuable exemplars of assuming you agree : these are the most exciting times to be alive. Because all of us are determining whether our species thrives or goes the way of the dodo
0-2 China and half the world people (s asia)
Women greatest innovations ever seen
0-1 China and far east leaders (half of shipped world trade)
Open tech greatest innovations
Ir4 ai age of navigating 100-4000 benchmark here as indeed benchmark deming -the hemisphere of super electronic and civile engineers -cf mit media lab archoitects bridge to new media archotects
0-2.1 China and Rest of south east
Diversity’s cultural fusion -
0-3 China and half Eurasia’s Land
Peoples of riussia have had a tough history -mainly with vast lads being invaded by others- how can we all elearn from this – sco brics
6-10 America and its southern border
With only 2 boders -the united amerucans really need a longer term accommodation with their latin ftoend-s and by the way lating wil sonn be the main language
What if the only borders were 4 languages every child needed to be friends with – chiense English mother tongue coding – pity there is no L4 summit
12 What if the UNM3 behaved as if borders were sustainability’s greatest value in ending risks to mother earth
11 Arctic Circle – quite like;ly tehse countries wil detrain whether mother earh
Can be saved from meltdown
Borders of South and central America
9 Borders of africa
5-4 EU and its landed neighbors
T7 he old roads crossroads – mid east
Numbers above refer to our usual BRI.school mapping
britain needs to try hardest on mapping win-win trade routes now that we start with a clean sheet fromthe eu albatross- 3 cheers for odi
The second Belt and Road Forum in Beijing later this month is shaping up to be a major event. The Belt and Road Initiative (BRI) is not explicitly about development, but it will have important implications for many low- and middle-income countries. This blog features my recommended resources for anyone wanting to better understand the BRI.
It’s a massive infrastructure and connectivity initiative of the Chinese government, loosely based on two main routes: the Silk Road Economic Belt and the 21st Century Maritime Silk Road. In Chinese the initiative is called 一带一路 (literally, ‘one belt one road’). The English name has changed from One Belt One Road (or OBOR) to the now widely accepted BRI.
The name is not the only moving piece. The BRI is fluid – an ever-evolving concept that has changed considerably since it was first announced in 2013. While large investment projects characterised the initial phase, it now focuses on high-quality development, mirroring China’s growth path from ‘high-speed’ to ‘high-quality’.
The very nature of BRI has also evolved as well. It started as a China-driven plan to connect the Eurasian region, but the Chinese government now aims to make this a ‘platform’, open for all countries to join, and for all interested investors to collaborate.
One challenge that many non-Chinese observers (especially in Europe and in the US) struggle with is the ‘vagueness’ of the BRI concept. The BRI brand is broad enough to encompass many projects and ideas. While this makes the BRI flexible to evolve, it also makes it difficult to pinpoint its exact scope. What makes an infrastructure project a BRI project? And does it matter to be able to define it? To avoid potential misuse of the term, the Chinese government is moving toward developing a BRI project database (more on this below).
The starting point for anyone interested in the BRI should be the official Belt and Road portal. The portal provides lots of useful documents, including a list of countries that have signed cooperation documents with China, and the ‘Guiding principles on financing the development of the Belt and Road’, signed by almost 30 countries in 2017 to promote more sustainable financing of BRI projects.
The ‘Vision and Actions on Jointly Building Silk Road Economic Belt and... is the official blueprint for the BRI. It highlights the five main areas of the initiative: policy cooperation, infrastructure connectivity, trade connectivity, financial cooperation and people-to-people exchanges.
While currently there is no official BRI project database, the Chinese government is developing one. However, there are several unofficial databases with different focus areas. The Merics BRI tracker looks specifically at BRI projects. Aiddata collects and distributes data on Chinese official finance. The Reconnecting Asia database lists major infrastructure investment in Asia. The American Enterprise Institute database includes announced Chinese outward investment.
The BRI is about China ‘going out’ (pdf), and as such it responds first and foremost to China’s domestic needs. A few resources published last year make this case convincingly.
This article looks at how the BRI helps China deal with a number of domestic challenges, including structural changes in the economy, shifting demographics, financial risk management, and poverty alleviation.
Other resources look at how the BRI is managed domestically. This article offers interesting insights around the domestic policy processes governing the initiative. Very interesting and quite critical of many aspects of the BRI is this article, which looks not only at how the BRI is managed and directed domestically, but also how it serves domestic policy needs, including mobilising provinces, and how dissent and disagreement around policy choices are controlled.
The Belt and Road is not uncontroversial. Most of the criticism aired outside of China refers to the financial sustainability of many Belt and Road projects, discussed in an earlier round-up. I also flag the paper ‘Examining the debt implications of the Belt and Road Initiative fr..., and this recent piece by Deborah Brautigam challenging the simple ‘debt-trap diplomacy’ narrative and assessing some of the financial challenges around the BRI.
Criticism around BRI is also raised domestically. Some commentators point to the lack of planning, or inappropriate framing of the initiative. Others criticise the fact that the Chinese government is spending (or lending) abroad, when a lot of people still live below the poverty line. This narrative may sound all too familiar to audiences from OECD countries.
I also find it very interesting to read about the impact of BRI in specific countries. While some countries (such as Sri Lanka, Malaysia and Pakistan) have received extensive media attention, there are less obvious but equally interesting stories.
One blog, for example, highlights the emerging impact of the BRI on urban development in Uganda. A piece on Myanmar discusses how the government is trying to manage BRI projects, scrutinising not only their price tag, but also how they fit into Myanmar’s development strategy. Another report looks at the ‘Balkan Silk Road’ running through Western Europe.
I have also been revisiting a lot of older resources to better understand the implications of the BRI for development. UNDP China has a lot of content about BRI and development, which is worth exploring – see, for example, this report on economic development along the Belt and Road.
If you would like to sign up to receive the China resources round-up in your inbox, please email me at email@example.com