Why CBA and NIMBY Syndrome Are Important Challenges to China’s BRI?
Author(s) -
Euston Quah,
Nursultan Iuldashov
Publication year - 2020
Publication title -
journal of asian economic integration
Language(s) - English
Resource type - Journals
eISSN - 2631-6854
pISSN - 2631-6846
DOI - 10.1177/2631684620916043
Subject(s) - nimby , opposition (politics) , china , context (archaeology) , environmental planning , political science , economy , geography , economics , law , engineering , civil engineering , politics , archaeology
The purpose of this article is to make a preliminary assessment of the Belt and Road Initiative (BRI) in the context of environmental impacts and arising not-in-my-backyard (NIMBY) opposition in host countries. We discuss the use of cost-benefit analysis (CBA) in developing countries (most members of BRI) and application of the available conflict-resolution mechanisms to deal with siting issues. We review these instruments and suggest a way forward for BRI NIMBY projects. JEL Codes: O53, R58
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