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A Synergy of Failures: Environmental Protection and Chinese Capital in Southeast Europe

Tsimonis, K; Rogelja, I; Ciută, I; Frantzeskaki, A; Nikolovska, E; Pesha, B; (2019) A Synergy of Failures: Environmental Protection and Chinese Capital in Southeast Europe. Journal of Current Chinese Affairs , 48 (2) pp. 171-200. 10.1177/1868102620919861. Green open access

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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.

Type: Article
Title: A Synergy of Failures: Environmental Protection and Chinese Capital in Southeast Europe
Open access status: An open access version is available from UCL Discovery
DOI: 10.1177/1868102620919861
Publisher version: https://doi.org/10.1177/1868102620919861
Language: English
Additional information: This version is the author accepted manuscript. For information on re-use, please refer to the publisher’s terms and conditions.
Keywords: Southeast Europe, China, Sustainable Development, Belt and Road Initiative
UCL classification: UCL
UCL > Provost and Vice Provost Offices > UCL SLASH
UCL > Provost and Vice Provost Offices > UCL SLASH > Faculty of Arts and Humanities
UCL > Provost and Vice Provost Offices > UCL SLASH > Faculty of Arts and Humanities > European and Intl Social and Political Studs
URI: https://discovery-pp.ucl.ac.uk/id/eprint/10106807
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