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

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
ISBN13: 9781799886570|ISBN10: 1799886573|ISBN13 Softcover: 9781799886587|EISBN13: 9781799886594
DOI: 10.4018/978-1-7998-8657-0.ch008
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MLA

Ahmed, S. Jobayear. "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." Strategic Cooperation and Partnerships Between Australia and South Asia: Economic Development, Trade, and Investment Opportunities Post COVID-19, edited by Anita Medhekar, et al., IGI Global, 2022, pp. 166-198. https://doi.org/10.4018/978-1-7998-8657-0.ch008

APA

Ahmed, S. J. (2022). 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. In A. Medhekar, S. Saha, & F. Haq (Eds.), Strategic Cooperation and Partnerships Between Australia and South Asia: Economic Development, Trade, and Investment Opportunities Post COVID-19 (pp. 166-198). IGI Global. https://doi.org/10.4018/978-1-7998-8657-0.ch008

Chicago

Ahmed, S. Jobayear. "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." In Strategic Cooperation and Partnerships Between Australia and South Asia: Economic Development, Trade, and Investment Opportunities Post COVID-19, edited by Anita Medhekar, Sreeparna Saha, and Farooq Haq, 166-198. Hershey, PA: IGI Global, 2022. https://doi.org/10.4018/978-1-7998-8657-0.ch008

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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.

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