The Belt and Road Initiative – Shared Development or a Threat for the World Economy?

Purpose: The authors of the article try to situate Belt and Road Initiative (BRI) - Chinese flag international project in theory turn attention risks accompanying it. examines applicability a theoretical concept connected with sharing economy towards Initiative. Presenting idea shared development is novelty approach BRI. It puts China at center future globalization wave, describing process characteristics comparing it Western-style globalization. aim this research also assess discuss disadvantages threats from different points view countries/participants involved, world economy, itself. Design/Methodology/Approach: main tool used first part literature analysis, whereas, second part, logical reasoning based on critical analysis recent older official statements have been used. third empirical examples countries – being base for synthesizing research. A qualitative method was applied Findings: study results confirmed that given various aspects concerning BRI, initiative source both opportunities all participating sides. Practical Implications: can be estimate positive negative consequences individual economies' engagement BRI project. They may enhance or warn engaged as far grand project's participation concerned. Originality/value: complete novelty. multifaceted sides not popular literature. model effect authors' own work.