China’s BRI in Central and Eastern European Countries: The Role of ‘17+1’ Framework for Regional Economic Cooperation
- Institution: Jawaharlal Nehru University in New Delhi
- Year of publication: 2022
- Source: Show
- Pages: 241-262
- DOI Address: https://doi.org/10.15804/athena.2022.76.13
- PDF: apsp/76/apsp7613.pdf
The aim of this research is to describe China’s Belt & Road Initiative (BRI) in the context of broader economic cooperation among the Central and Eastern European countries (CEEC). This research investigates the infrastructural development in the CEE countries under the 17+1 initiative in the entire region. Further, this study explores different approaches of economic cooperation between CEEC and China and points out the Chinese foreign direct investment (FDI) in individual CEE-17 countries. What kind of cooperation and mutual interrelation does China’s economic cooperation develop with the member states of the 17+1 initiative? To what extent do the CEE countries transform their economy in the framework of the 17+1 project? It is very clear that China needs to develop more effective mechanisms for wider cooperation in CEE countries to achieve the goal of the BRI initiative. This research mainly produces empirical studies to investigate the objectives and hypotheses. As of now, the result of the BRI initiative and 17+1 framework projects impacted limited economic transition in the CEE countries. The article concludes that there is a need to accelerate different BRI projects proportionally in the CEE countries. Moreover, this study shows that there is a trade deficit between the CEE countries and China. This article indicates that as a recommendation for bilateral cooperation between CEE countries and China, there is a need for large levels of cooperation at the regional level.
Chińska inicjatywa „jeden pas, jedna droga” w krajach Europy środkowo-wschodniej: rola formatu „17+1” w regionalnej współpracy gospodarczej
Celem niniejszego artykułu jest opisanie chińskiej inicjatywy BRI (Belt & Road Initiative, „Jeden pas, jedna droga”) w kontekście szerszej współpracy gospodarczej między krajami Europy Środkowo-Wschodniej. Przedstawione badanie dotyczy rozwoju infrastruktury w krajach Europy Środkowo-Wschodniej w ramach inicjatywy 17+1 w całym regionie. Ponadto zanalizowano różne podejścia do współpracy gospodarczej między krajami Europy Środkowo-Wschodniej a Chinami i wskazano na chińskie bezpośrednie inwestycje zagraniczne (BIZ) w poszczególnych krajach Europy Środkowo-Wschodniej. Jaki rodzaj wzajemnych relacji rozwija się dzięki chińskiej współpracy gospodarczej z państwami członkowskimi inicjatywy 17+1? W jakim stopniu kraje Europy Środkowo-Wschodniej przekształcają swoją gospodarkę w ramach projektu 17+1? Oczywistym jest, że Chiny muszą opracować skuteczniejsze mechanizmy szerszej współpracy w krajach Europy Środkowo-Wschodniej, aby osiągnąć cel projektu BRI. Artykuł dostarcza przede wszystkim badań empirycznych dla weryfikacji badawczych celów i hipotez. Do tej pory efekt działań inicjatywy BRI i projektów ramowych w formacie 17+1 wpłynął na ograniczoną transformację gospodarczą w krajach Europy Środkowo-Wschodniej. Z dociekania wynika, że istnieje potrzeba proporcjonalnego przyspieszenia różnych projektów BRI w krajach Europy Środkowo-Wschodniej. Przeprowadzone badanie pokazuje również, że istnieje deficyt handlowy między krajami Europy Środkowo- -Wschodniej a Chinami. Ponadto w artykule wskazano rekomendację dla współpracy bilateralnej pomiędzy krajami Europy Środkowo- Wschodniej a Chinami, a mianowicie na istniejącą potrzebę współpracy w dużej skali na poziomie regionalnym.
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inicjatywa 17+1 Nowy Jedwabny Szlak inicjatywa „Jeden pas, jedna droga” 17+1 Initiative Central & Eastern Europe współpraca gospodarcza Belt and Road Initiative Chiny economic cooperation Europa Środkowo-Wschodnia New Silk Road China