A SILK ROAD FOR THE 21ST CENTURY: INITIAL REFLECTIONS ON NEW OPPORTUNITIES FOR PARTNERSHIPS

2017-05-15, by Federico Bonaglia, Annalisa Primi, from OECD Development Centre

Executive Summary:

There are various opportunities along the Silk Road. First, trade along the Silk Road is already happening. Second, investment flows are emerging along the Silk Road, and China is consolidating as a global emerging investor. Third, connecting regions along the Silk Road will facilitate talent mobility and enhance production complementarities along the Silk Road. The Silk Road in the 21st century has the potential to bridge regions and reshape global ties. Realising the potential of the Silk Road entails a broad agenda for both public and private sectors. Many areas deserve increased assessment to identify existing assets, potential benefits and challenges of increased ties and to clarify priorities for shared actions. Among them, three deserve particular attention in the near future, including dialogue and trust, infrastructure planning and financing, and ties in science and technology.

This article was originally the conference paper for Silk Road Forum 2015 and has been granted authorization to use by OECD.

Executive summary is based on the article. Copyright © OECD. All rights reserved.