Technological prospects of Belt and Road Initiative in Bangladesh.

ABSTRACT: This study provides an alternative agenda to better explain the Belt and Road Initiative's (BRI's) technological connotations in Bangladesh using the Game Theory and Demand Curve approaches. BRI can proceed as a means to technology development for Bangladesh based on foreign direct investment (FDI) spillover effects that ranked China as the top FDI source, with 1159.42 million USD invested in 2018-2019. The findings suggest that motivated by mutual interests of economic transformation (China) and technological requirements (Bangladesh), BRI offers a bargaining game of cooperation. Thus, while economic transformation may force China to relocate its garment factories, Bangladesh's low wages and geopolitical location give it a superior position regarding relocation. The technological effects

SUBMITTER: Akter SN 

PROVIDER: S-EPMC10345243 | biostudies-literature | 2023 Jul

REPOSITORIES: biostudies-literature