Impact of Financial Integration under Belt & Road Initiative (BRI) and Policy Implications for CPEC (June 2017)
An impact assessment of the Financial integration was carried out as financial integration has not received the much-needed recognition from BRI as it should, which undermines its significance in the sustenance of the entire BRI project. BRI has the balanced concept of Vision and Action. BRI is creating new opportunities and more importantly, establishing a range of new financial institutions and instruments that promise to accelerate progress towards financial integration along OBOR. The paper discusses the BRI potential to persuade global investors in participating and developing the international belt & road bond markets in addition to the domestic efforts by the OBOR member countries along with the policy implications for CPEC.
