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Abstract:
China’s Belt and Road Initiative (BRI) is a global development strategy, representing great potentials for multilateral trade cooperation and economic growth in Asia, Europe and Africa. The trade volume of commodities along the BRI countries booms in the last few years. The commodities trade attracts extensive attention worldwide, but the waste and scrap (WaS) trade received little attention. To fill this gap, this study reviews the dynamic evolution of the WaS trade network and evaluates the potential WaS trade risks in the BRI countries from three real world scenarios. First, this study constructs the WaS trade networks among the BRI countries from 1989 to 2018. Second, the synopsis of the WaS trade network is reviewed. Third, the shock models are built to analyze the impact of shocks in three scenarios on the stability of trade cooperation among the BRI countries. Finally, the policy implications are provided to promote the WaS trade collaboration among the BRI countries. This study is valuable because it is the first time to identify the WaS trade risk among the BRI countries. It will support policy-makers to build an effective collaboration mechanism to alleviate resource shortage and tackle the global WaS crisis. © 2020, The Author(s), under exclusive license to Springer Nature Singapore Pte Ltd.
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ISSN: 1863-5520
Year: 2020
Page: 127-150
Language: English
Cited Count:
WoS CC Cited Count: 0
SCOPUS Cited Count:
ESI Highly Cited Papers on the List: 0 Unfold All
WanFang Cited Count:
Chinese Cited Count:
30 Days PV: 4
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