The Belt and Road Initiative in the Middle East and North Africa (MENA): A Case Study of Egypt and Saudi Arabia
Thesis title: | The Belt and Road Initiative in the Middle East and North Africa (MENA): A Case Study of Egypt and Saudi Arabia |
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Author: | Fahmi, Abdalla |
Thesis type: | Bachelor thesis |
Supervisor: | Garlick, Jeremy Alan |
Opponents: | Přikryl, Pavel |
Thesis language: | English |
Abstract: | The Belt and Road Initiative is a grand strategy implemented by China in 2013 to enhance connectivity and cooperation by improving infrastructure, trade, and investments. It consists of two main components, the land-based "Silk Road Economic Belt" and the sea-based "Maritime Silk Road." Egypt and Saudi Arabia are two prominent nations in the MENA region strategically located and becoming an essential tool for China. The BRI in the MENA region is an important topic that requires further research and analysis to understand its potential political and economic impacts on these two countries. This thesis demonstrates China's political economy and how the BRI is becoming a foreign policy tool for China to achieve its economic and geopolitical objectives. The two case studies took their relations with the BRI, where a comparative study was implemented to compare the findings based on literature, news articles, and diplomatic sources. The results showed that China's growing influence and presence in the region increased infrastructure developments and projects through loans and investments. As both strive to improve social welfare, Egypt and Saudi Arabia are complementary regarding natural resources, industrialization, and creating significant potential for economic partnerships. The Suez Canal and Saudi Arabia's energy are the two main contributors to China's expanded access. Potential concerns over debt risks for Egypt will depend on the success of the projects in generating sufficient economic returns to repay the debt and the overall state of the economy. |
Keywords: | Belt and Road Initiative; International Political Economy; Foreign Policy; Egypt; Saudi Arabia |
Thesis title: | The Belt and Road Initiative in the Middle East and North Africa (MENA): A Case Study of Egypt and Saudi Arabia |
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Author: | Fahmi, Abdalla |
Thesis type: | Bakalářská práce |
Supervisor: | Garlick, Jeremy Alan |
Opponents: | Přikryl, Pavel |
Thesis language: | English |
Abstract: | The Belt and Road Initiative is a grand strategy implemented by China in 2013 to enhance connectivity and cooperation by improving infrastructure, trade, and investments. It consists of two main components, the land-based "Silk Road Economic Belt" and the sea-based "Maritime Silk Road." Egypt and Saudi Arabia are two prominent nations in the MENA region strategically located and becoming an essential tool for China. The BRI in the MENA region is an important topic that requires further research and analysis to understand its potential political and economic impacts on these two countries. This thesis demonstrates China's political economy and how the BRI is becoming a foreign policy tool for China to achieve its economic and geopolitical objectives. The two case studies took their relations with the BRI, where a comparative study was implemented to compare the findings based on literature, news articles, and diplomatic sources. The results showed that China's growing influence and presence in the region increased infrastructure developments and projects through loans and investments. As both strive to improve social welfare, Egypt and Saudi Arabia are complementary regarding natural resources, industrialization, and creating significant potential for economic partnerships. The Suez Canal and Saudi Arabia's energy are the two main contributors to China's expanded access. Potential concerns over debt risks for Egypt will depend on the success of the projects in generating sufficient economic returns to repay the debt and the overall state of the economy. |
Keywords: | Saudi Arabia; Foreign Policy; International Political Economy ; Belt and Road Initiative; Egypt |
Information about study
Study programme: | International and Diplomatic Studies |
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Type of study programme: | Bakalářský studijní program |
Assigned degree: | Bc. |
Institutions assigning academic degree: | Vysoká škola ekonomická v Praze |
Faculty: | Faculty of International Relations |
Department: | Department of International and Diplomatic Studies |
Information on submission and defense
Date of assignment: | 7. 7. 2022 |
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Date of submission: | 28. 4. 2023 |
Date of defense: | 30. 5. 2023 |
Identifier in the InSIS system: | https://insis.vse.cz/zp/80980/podrobnosti |