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Title: Many Belts and Many Roads: The Proliferation of Infrastructure Initiatives in Asia
Author: Szczudlik, Justyna
Publisher: The Polish Institute of International Affairs (PISM), 2016
Series/Date: PISM Policy Papers No.148 (No.7 February 2016)
Source Origin: Professional/public/political organisation
Source Type: Blog/Journal/Series
Notes: Summary

Asia could be described as the world’s great construction site, and is already the focus of a scramble for infrastructure projects. Among countries competing for investments are not only China with its Silk Road initiative, but also Korea, Japan, India and ASEAN, which have prepared their own infrastructural strategies. The plethora of initiatives may have a positive impact on Asia, offering diverse solutions to the infrastructural bottleneck and reforms of existing institutions and modes of assistance. But there is also the risk that fierce competition may result in unprofitable projects, while economic slowdown could cause a decline in funding. For Europe these initiatives create opportunities to take part in new projects, but the EU should be aware that the projects will be implemented mainly in Asia and by Asian countries.
Source URL: http://www.pism.pl/Publications/PISM-Policy-Paper-no-148
Homepage URL: http://www.pism.pl/home
Keywords: The Polish Institute of International Affairs / PISM
Geographic Indicators:  Europe
The Polish Institute of International Affairs is an analytical institution established by an act of Parliament in 1996 to carry out research and provide expertise in international affairs. PISM disseminates information on contemporary international issues and maintains contacts with academic and political centres in Poland and abroad. The Institute runs courses for public servants, maintains a library (open to the public; 165,000 books and journals), organises conferences, and publishes books, periodicals and documents on Polish foreign policy and international matters.

The funding for PISM comes from the budget. The director is appointed by the prime minister for a term of five years, following consultation with the minister of foreign affairs. The minister supervises the Institute and appoints its advisory council, which includes a representative of the President of the Republic of Poland, academics and officials.
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