The Belt and Road: Improving Education, Welfare and Growth of Member Countries
- DOI
- 10.2991/icpel-18.2018.14How to use a DOI?
- Keywords
- Belt and Road, Trading Bloc, Asian Countries, European Union, Pakistan, China
- Abstract
The Silk Road Economic Belt routes covers more than 60 countries and regions accounting for 30 per cent of Global GDP and world’s merchandise up to 35 per cent. By 2050, SREB routes aims to contribute 80 per cent of Global GDP growth and will advances three billion more people into middle class from Asia to Europe via Southeast Asia, Central Asia, West Asia and the Middle East. Asian countries vary in size and complexity having more than sixty per cent consumers of the world market but are not integrated yet, while European Union is extremely integrated market with more than 500 million consumers. Basic idea behind the research is that whether EU trading bloc has improved the performance of member countries or not (regarding education, welfare & growth)? Findings shows that the EU have improved the performance of member countries and all they are moving in same like situation of band. On the other hand, Asian countries are behaving in some irrespective manner. Now, it is suggestion for Asian countries to make trading and economic blocs for improved performance of member countries and better wellbeing of the people in near future and SREB will plays a main role.
- Copyright
- © 2018, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - Isaque Manteiga Joaquim AU - Shah Zaman PY - 2018/10 DA - 2018/10 TI - The Belt and Road: Improving Education, Welfare and Growth of Member Countries BT - Proceedings of the 2018 3rd International Conference on Politics, Economics and Law (ICPEL 2018) PB - Atlantis Press SP - 61 EP - 65 SN - 2352-5398 UR - https://doi.org/10.2991/icpel-18.2018.14 DO - 10.2991/icpel-18.2018.14 ID - Joaquim2018/10 ER -