This thesis explores the impact of the Belt and Road Initiative (BRI) on the middle-high income economy of Azerbaijan. The research specifically focuses on whether public statements made by...Show moreThis thesis explores the impact of the Belt and Road Initiative (BRI) on the middle-high income economy of Azerbaijan. The research specifically focuses on whether public statements made by Azerbaijani and Chinese politicians – asserting that the BRI has promoted Azerbaijan's economic growth – align with economic realities. This is examined through four facets: the BRI’s role in Azerbaijan's emergence as a transit hub, economic diversification, overall economic growth, and Sino-Azerbaijani cooperation beyond the transport sector. The results seem to suggest an association between BRI partnership and positive economic changes, such as economic diversification and GDP growth. However, the assertion that the BRI is the sole driver of these changes is premature, considering other influencing factors and the recent establishment of the BRI. Therefore, while political rhetoric may not entirely match the economic reality, the findings suggest potential for future bilateral benefits and economic growth. A need for further long-term research is needed to solidify any of the conclusions.Show less
