The belt and road initiative enhances cooperation opportunities for Costa Rica and brings development strategies for SMEs

Abstract

This book comes as a result of explorations in a new field of international economic cooperation. The economists and experts from both China and Latin America, through full academic interchange, reached consensus on the necessity of joint research on this topic: How can the achievements and challenges of Chinese and Latin American small and medium-sized enterprises (SMEs) be distilled for the benefit of China-Latin American win-win cooperation in the context of the new changes brought up by the Belt and Road Initiative (BRI) over the past six years. This book is entitled The New Blue Sea, as the SME-focused cooperation in the BRI framework between the two parties, whether in terms of actual practice or academic research, is virtually an unchartered new territory. As a tentative venture into the New Blue Sea, this book addresses these basic questions: How did China come up with this idea of BRI? How does BRI relate to countries in Latin America? What role can SMEs, both Chinese and Latin American, play in the BRI practice? What is the current general situation of Latin American SMEs? And what new issues are worth considering for Latin American SMEs in the backdrop of BRI?