Crony Capitalism along the Silk Road

Thursday, June 25, 2020, 10–11am EDT
Live Video Stream
Series
Central Asia and Caucasus Seminar
Regions and China's Belt and Road Initiative
Event Status
Open to the Public

China’s Belt and Road Initiative (BRI), propelled by the government’s will and the allocation of massive financial resources, has been changing the political and economic realities in Eurasia. A lot of money is moving around, creating opportunities for unscrupulous individuals to engage in corrupt schemes. Crony capitalism receives a major boost in the conditions of weak rule of law and lack of transparency and accountability. Thus, along with the transport, trade, investment, financial and people-to-people connectivity, fostered by the BRI, we see the flourishing of connectivity of corrupt elites in China and Eurasia. These networks are not limited to “emerging markets”, but are part of global arrangements facilitating shady deals and money laundering. The discussion sheds light on the shady side of the BRI in Eurasia, along with its actors and mechanisms, and outlines possible ways to improve the governance of investments.

Sponsorship

Cosponsored by the Davis Center for Russian and Eurasian Studies and the Fairbank Center for Chinese Studies.

Accessibility

The Davis Center for Russian and Eurasian Studies at Harvard University encourages persons with disabilities to participate in its programs and activities. If you anticipate needing any type of accommodation or have questions about the physical access provided, please contact us at 617-495-4037 or daviscenter@fas.harvard.edu in advance of your participation or visit.

Requests for Sign Language interpreters and/or CART providers should be made at least two weeks in advance if possible. Please note that the Davis Center will make every effort to secure services but that services are subject to availability.