The Sustainable Development and Economic Impact of China’s Belt and Road Initiative in Ethiopia

The purpose of this research is to assess the economic growth and sustainable development of Ethiopia. To what extent does the Chinese investment contribute to the overall economic development of Ethiopia after the Belt Road Initiative (BRI)? What are the main focus areas for development in the regi...

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Bibliographic Details
Published in:East Asia (Piscataway, N.J.) N.J.), 2023-06, Vol.40 (2), p.175-194
Main Author: Bharti, Mukesh Shankar
Format: Article
Language:English
Subjects:
Analysis
Capital movements
Case studies
Development programs
Discourse analysis
Economic development
Economic growth
Economic impact
Foreign investments
Free trade
Human growth
Infrastructure (Economics)
Investments
Political Science
Political Science and International Relations
Political Science and International Studies
Qualitative research
Railways
Roads & highways
Social science research
Social Sciences
Sustainability
Sustainable development
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Summary:The purpose of this research is to assess the economic growth and sustainable development of Ethiopia. To what extent does the Chinese investment contribute to the overall economic development of Ethiopia after the Belt Road Initiative (BRI)? What are the main focus areas for development in the region and how does the BRI initiative connect people in the country? This research examines the development process through the use of a case study and discursive analysis to know the result of the investigation. The study is deeply elaborated and the technique adds analytical and qualitative methods. Furthermore, this research attempts to highlight the key approaches and concepts of Chinese engagement in Ethiopia as it attains development in several sectors through the BRI. The BRI is successfully pioneering transport systems, roads, railways, small industries, automotive sectors, and health development programs in Ethiopia. As result, the Chinese investments bring changes to the country after the successful launch of the BRI. Furthermore, the study concludes that there is a need to initiate numerous projects to improve human, social, and economic life in Ethiopia because the country is suffering from many internal problems and China has to work to eradicate recurring problems in the country. As an external actor, the role of China gains importance in Ethiopia in the context of the New Silk Road economic engagement in the African Continent.
ISSN:1096-6838
1874-6284
DOI:10.1007/s12140-023-09402-y