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DOI Prefix: 10.47001/IRJIET

Investigating the Role of China Belt and Road Initiative on Ivory Coast Economy

Abstract

China has established strong economic relations with the Ivory Coast since 1983. Its approach is guided by the Belt and Road Initiative (BRI) through trade rather than the Western counterpart (aid). The BRI provides massive opportunities to African nations, incredibly, Ivory Coast, through sustainable economic investment, non-interference into other nations' internal affairs, and focused big-ticket development projects. However, there is some resentment due to the lack of transparency and accountability issues. The projects that benefit the locals are hard to see and have helped raise suspicions and triggered local resentment. There are increasing instances of African countries canceling or delaying the BRI schemes over the increasing debt issues. Therefore, the paper discusses the BRI nature in the African context and highlights the Ivory Coast economy's role.

Country : China / Sierra Leone

1 Elisabeth Dioulo2 Ibrahim Abdulai Sawaneh

  1. School of Management, Wuhan University of Technology, 43007, P. R. China
  2. School of Management, Wuhan University of Technology, 43007, P. R. China & School of Technology, University of Management and Technology, Freetown, Sierra Leone

IRJIET, Volume 5, Issue 2, February 2021 pp. 103-108

doi.org/10.47001/IRJIET/2021.502015

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