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What Is One Belt One Road? A Surplus Recycling Mechanism Approach

7 Pages Posted: 7 Jul 2017

See all articles by Usman W. Chohan

Usman W. Chohan

UNSW Business School; Critical Blockchain Research Initiative (CBRI); Centre for Aerospace & Security Studies (CASS)

Date Written: June 13, 2017

Abstract

This paper analyzes the One Belt One Road (OBOR) Initiative in terms of its scope and possibilities, and contextualizes OBOR in terms of the Surplus Recycling Mechanism Hypothesis (Varoufakis 2011), arguing that OBOR plays a role in generating economic efficiency through recycling surpluses of (1) industrial output, (2) labour, and (3) financial capital, towards broader national and international goals in the partnership between countries such as China and Pakistan.

Keywords: One Belt One Road, China Pakistan Economic Corridor, Varoufakis, Surplus Recycling Mechanism, Development, Pakistan, China

Suggested Citation

Chohan, Usman W., What Is One Belt One Road? A Surplus Recycling Mechanism Approach (June 13, 2017). Available at SSRN: https://ssrn.com/abstract=2997650 or http://dx.doi.org/10.2139/ssrn.2997650

Usman W. Chohan (Contact Author)

UNSW Business School ( email )

UNSW Business School
High St
Sydney, NSW 2052
Australia

Critical Blockchain Research Initiative (CBRI) ( email )

Centre for Aerospace & Security Studies (CASS) ( email )

Rawalpindi
Pakistan

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