1. A Synergy of Failures: Environmental Protection and Chinese Capital in Southeast Europe
- Author
-
Besjan Pesha, Konstantinos Tsimonis, Igor Rogelja, Elena Nikolovska, Ioana Ciută, and Anastasia Frantzeskaki
- Subjects
Sustainable development ,lcsh:Social sciences and state - Asia (Asian studies only) ,Ecology ,Sociology and Political Science ,lcsh:H53 ,Natural resource economics ,Ecology, Environment ,lcsh:JQ1-6651 ,Internationale Beziehungen ,International Relations, International Politics, Foreign Affairs, Development Policy ,Ökologie und Umwelt ,lcsh:Political institutions and public administration - Asia (Asian studies only) ,Capital (economics) ,Southeast Europe ,China ,Sustainable Development ,Belt and Road Initiative ,Political Science and International Relations ,Sustainability ,Ökologie ,ddc:577 ,Business ,International relations ,internationale Beziehungen, Entwicklungspolitik ,General Economics, Econometrics and Finance ,ddc:327 - Abstract
Chinese economic presence in Europe is primarily discussed as a security threat with its impact on sustainability remaining a rather marginal issue. This article investigates the repercussions of Chinese capital’s surge in Europe for environmental protection and analyses the reasons behind its poor performance. We examine five key Chinese projects in Southeast Europe, a sub-region that includes countries with different forms of association with European institutions and with varying levels of development and state capacity. We find that the negative environmental impact of these projects cannot be attributed to the commonly held perception of the Chinese as inherently “bad” investors and of host states as “weak” and dependent. Rather, we identify a synergy of failures between investors, host states and regional institutions that results in poor regulation and compliance. This finding calls for the inclusion of sustainability in foreign investment screening mechanisms and the abandonment of contradictory developmental priorities in the region.
- Published
- 2019
- Full Text
- View/download PDF