Andrea Hrubšová – University of Economics in Bratislava, Faculty of Commerce, Department of International trade, Dolnozemská cesta 1, Bratislava 852 01, Slovak Republic
Sára Smolková – University of Economics in Bratislava, Faculty of Commerce, Department of International trade, Dolnozemská cesta 1, Bratislava 852 01, Slovak Republic
Keywords:
Belt and Road Initiative;
Gross government debt;
Public debt;
Economic stability;
Panel data analysis;
Fixed effects model
Abstract: This research investigates the impact of China’s Belt and Road Initiative (BRI) on public debt levels in participating countries. Using a panel dataset covering 173 countries across various income groups and regions, we apply quantitative analysis to assess whether BRI involvement is associated with increased sovereign indebtedness. The study incorporates macroeconomic and institutional variables to capture both structural and policy-related dynamics. Our findings suggest nuanced relationships between BRI participation and debt outcomes, highlighting the importance of governance quality, economic structure, and financing terms. The results contribute to the literature on debt sustainability in the context of global infrastructure initiatives and offer evidence-based insights for policymakers considering external development financing.
8th International Scientific Conference on Recent Advances in Information Technology, Tourism, Economics, Management and Agriculture – ITEMA 2024 – Conference Proceedings, Hybrid (Zayed University, Dubai, UAE), October 24, 2024
ITEMA Conference Proceedings published by: Association of Economists and Managers of the Balkans – Belgrade, Serbia
ITEMA conference partners: Faculty of Economics and Business, University of Maribor, Slovenia; Faculty of Organization and Informatics, University of Zagreb, Varaždin; Faculty of Geography, University of Belgrade, Serbia; Institute of Marketing, Poznan University of Economics and Business, Poland; Faculty of Agriculture, Banat’s University of Agricultural Sciences and Veterinary Medicine ”King Michael I of Romania”, Romania
ITEMA Conference 2024 Conference Proceedings: ISBN 978-86-80194-89-9, ISSN 2683-5991, DOI: https://doi.org/10.31410/ITEMA.2024
Creative Commons Non Commercial CC BY-NC: This article is distributed under the terms of the Creative Commons Attribution-Non-Commercial 4.0 License (https://creativecommons.org/licenses/by-nc/4.0/) which permits non-commercial use, reproduction and distribution of the work without further permission.
