Search the World's Largest Database of Information Science & Technology Terms & Definitions
InfInfoScipedia LogoScipedia
A Free Service of IGI Global Publishing House
Below please find a list of definitions for the term that
you selected from multiple scholarly research resources.

What is Debt Trap Diplomacy

Chapter 8
Strategic Cooperation and Partnerships Between Australia and South Asia: Economic Development, Trade, and Investment Opportunities Post COVID-19
Debt-trap diplomacy is a concept in international finance used to describe a powerful lending country or institution extending debt to a borrowing nation partially or solely for the lender to increase its political leverage.
Published in Chapter:
Strategic Partnership of Bangladesh With Australia to Protect From Possible Debt Trap and Diseconomies of Scale of One-Belt One-Road: Lessons for SAARC Nations
S. Jobayear Ahmed (Bangladesh Rural Advancement Committee (BRAC), Bangladesh)
Copyright: © 2022 |Pages: 33
DOI: 10.4018/978-1-7998-8657-0.ch008
Abstract
Bangladesh is a developing nation that is about to complete its Golden Jubilee partnership by 2022 with Australia, a country that has been supporting Bangladesh through aid, assistance, grant, loan, trade, scholarship, etc. Recently, the regional and global superpower China has increased its influence in the Indian Ocean region both through its military and through the OBOR or BRI where it has also shown interest to work with Bangladesh in both fronts. Bangladesh is a very small country but strategically very important, with access to the Indian Ocean. Therefore, it is important to check whether the OBOR initiatives put any negative impact on the neighboring SAARC nations and partner states. The study therefore attempted to identify the potential diseconomies of scale and the solutions Australia-Bangladesh relations might offer.
Full Text Chapter Download: US $37.50 Add to Cart
eContent Pro Discount Banner
InfoSci OnDemandECP Editorial ServicesAGOSR