Promoting the Sustainable Development of Transport and Economic Corridors Under the Belt and Road Initiative
Published in:Third High-level Policy Forum on Global Governance; Belt and Road, New Path to Regional Development, Scoping Papers, (10 November 2016), pages 55-80
Posted on RAND.org on November 21, 2017
Developing transport corridors that deliver sustained economic, social and environmental benefits is a core goal of the Belt and Road Initiative. This paper examines the potential of transport corridors to deliver these benefits. It does so through two approaches. First, the paper examines previous experiences in the implementation of transportation infrastructure projects and economic corridors. Second, the paper reviews best practices in policy interventions for sustainable development and how these may be applied to corridor development. These approaches serve to illustrate learnings that will support the successful implementation of the BRI in the long-term, and draw lessons for useful and actionable policy recommendations for developing BRI corridors that achieve sustainable development.