Vol. 11 | No. 22-23, 2024


THE IMPACT OF THE NEW SILK ROAD INITIATIVE ON THE INTERNATIONAL BALANCE OF POWER

Nacer BOUKROU

Abstract

This article examines the effects of the new Silk Road initiative, known as the "Belt and Road Initiative," on the international balance of power. It addresses its impact on revitalizing trade and relations among world nations, both culturally and geopolitically. It also discusses the role of the road in cultural exchange, intellectual and cultural interchange, and its contribution to reducing Western dominance and promoting global peace. The study concludes that the new Silk Road holds strategic importance in reshaping global power balances and the existing international system. The descriptive and analytical methods were employed to review the motives, causes, and challenges of reviving and re-establishing the Silk Road, along with analyzing trade-related figures. Additionally, historical methodology was occasionally used to recount the establishment of the Silk Road.

Pages: 139 - 147

DOI: https://doi.org/10.62792/ut.philosophica.v11.i22-23.p2730