Committee
Economic and Social Council
Country
Italy

Author

Cite as https://mymun.com/ppdb/18288

Delegate: Paulina Koenig 

 

Committee: Economic and Social Council 

 

Country: Italy 

 

Topic A: The consequences of China’s Belt and Road initiative for the global economy

 

 

 

The Belt and Road initiative undoubtedly has a potential of changing the global economy and demographics, due to its immense outreach Italy recognizes the urgency to discuss its possible effects. China’s project aims to recreate the ancient Silk Road geographically, but also economically. The construction of various forms of infrastructure aims to improve connectivity between the countries, it decreases transportation costs in the long term and accelerates trade, for both developed and developing countries. 

            Italy believes that the trade does not only end on the economic goods, working towards the Belt and Road initiative will contribute to a higher exchange of skills, ideas, knowledge and forward-looking solutions to common probl...