Why CBA and NIMBY Syndrome Are Important Challenges to China’s BRI?
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The purpose of this article is to make a preliminary assessment of the Belt and Road Initiative (BRI) in the context of environmental impacts and arising not-in-my-backyard (NIMBY) opposition in host countries. We discuss the use of cost-benefit analysis (CBA) in developing countries (most members of BRI) and application of the available conflict-resolution mechanisms to deal with siting issues. We review these instruments and suggest a way forward for BRI NIMBY projects. JEL Codes: O53, R58
1977 ◽
Vol 11
(3)
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pp. 285-299
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2018 ◽
Vol 04
(03)
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pp. 327-343
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Keyword(s):
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