
President Xi’s answer came the following day in Brussels: «It is not China’s intention to cause problems and disrupt your infrastructure plans; on the contrary, we wish to work “with” you and dovetail those plans with our Belt and Road Initiative (BRI), so that win-win outcomes are achieved in the end».
With Paolo and Roberto we thus decided to write this paper, meant as a ‘roadmap’ towards a revision of our European transport network, dovetailing two extremely complex systems: Our Trans European Transport Network (TEN-T) and China’s Belt and Road Initiative (BRI). The reasons that made us believe such an undertaking would be worth its salt were: a) TEN-T will be revised in three years (2023) anyway; b) Europe’s economic center of gravity moves towards its eastern end; c) it is Europe’s eastern end too that attracts China’s interest, as evidenced by its investments in the port of Piraeus, as well as in Serbia, Hungary, Slovakia, Poland and the Baltic States. I am not sure if we achieved our objective. It would be rather naïve anyway to believe that issues of such complexity could be addressed comprehensively through a short paper. At any rate, though, we believe that a step in the right direction has been taken, even in the form of ‘advice’ to policy makers in Europe and China.
HE Haralambides
June 2020
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Costa, P., HE Haralambides and R. Roson (2020) ‘From Trans-European (Ten-T) to Trans-Global (Twn-T) Transport Infrastructure Networks. A Conceptual Framework’ in: Francesco Saraceno and Floriana Cerniglia (eds) ‘A European Public Investment Outlook’. Open Book Publishers, Cambridge, UK. https://doi.org/10.11647/OBP.0222.
Oliver Blanchard said about the book: […]Let’s stop being penny wise and pound foolish. Read the carefully argued set of essays contained in this book, and you will understand why increasing public investment is a high priority…(Olivier Blanchard: Robert Solow Professor of Economics Emeritus, Massachusetts Institute of Technology).
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