scholarly journals The Misunderstanding of China’s Investment, and a Clarification: “Faustian Bargain” or “Good Bargain”? On the OFDI Data of Central and Eastern Europe

2021 ◽  
Vol 13 (18) ◽  
pp. 10281
Author(s):  
Cheche Duan ◽  
Yicheng Zhou ◽  
Dehong Shen ◽  
Shengqiao Lin ◽  
Wei Gong ◽  
...  
Keyword(s):  
Eastern Europe ◽  
Global Governance ◽  
Central And Eastern Europe ◽  
Positive Contribution ◽  
The European Union ◽  
Host Countries ◽  
Economic Relations ◽  
Regulatory Quality ◽  
Eastern European Countries ◽  
The Impact

The close development of the economic relations between China and Central and Eastern Europe (CEE) since 2012 has triggered the European Union’s criticism of China’s foreign policy towards Eastern European countries. The European Union believes that China’s investment growth has led to a governance crisis in CEE countries. Based on the global governance indicators of the World Bank and the outward foreign direct investment (OFDI) data of the Ministry of Commerce of China, this paper conducts a test using the panel data model and the regression discontinuity method. An imbalanced panel dataset is adopted, covering 16 CEE countries from 2000 to 2018. The empirical research results indicate that, representing a small proportion of the investment inflows to CEE countries, China is not yet able to exert a domination effect on the region, and China’s economic power is far less than the European Union’s regulatory influence. Furthermore, China’s share of the OFDI in CEE has a U-shaped effect on the regulatory quality of host countries, and the two have a mutually causal relationship. Specifically, the impact on the host country’s regulatory quality is first manifested in the Shanghai effect, and when China’s share reaches a certain level, it is manifested in the California effect. The U-shaped effect is associated with the strategic factors of CEE countries and China’s positive contribution to good global governance.

Crisis in Eastern Europe: The Downside of a Market Economy Revealed?

2011 ◽  
Vol 19 (1) ◽  
pp. 31-41 ◽  
Author(s):  
Herman W. Hoen
Keyword(s):  
Financial Crisis ◽  
Eastern Europe ◽  
Market Economy ◽  
Global Economy ◽  
Central And Eastern Europe ◽  
The European Union ◽  
Capitalist System ◽  
Introductory Statement ◽  
Eastern European Countries ◽  
The Impact

After the collapse of communism, the Central and Eastern European countries decided to implement a market economy embedded in a democratic order. A constituent element of the transition was a fully-fledged integration with the global economy. One of the consequences of this integration is that the countries are now severely hit by the financial crisis. Until recently, however, it all looked flourishing and economic growth figures indicated a steady catch up with average welfare levels in the European Union (EU). On the website of the European Bank for Reconstruction and Development an essay competition was launched for those who were born in 1989. In an introductory statement, a Russian joke is quoted: ‘Everything the Communists told us about communism was a complete and utter lie. Unfortunately, everything the Communists told us about capitalism turned out to be true’.1 This article addresses the impact of the financial crisis in Central and Eastern Europe and in essence starts from this quote. It seeks to explain the extent to which the financial crisis in the Central and Eastern Europe question reveals the downside of a capitalist system embedded in a global economic order.

The Contest for Central and Eastern Europe

2019 ◽  
pp. 108-128
Author(s):  
Mitchell A. Orenstein
Keyword(s):  
European Union ◽  
Eastern Europe ◽  
Central And Eastern Europe ◽  
European Countries ◽  
Democratic Politics ◽  
Eastern European ◽  
The European Union ◽  
Political Leaders ◽  
Energy Politics ◽  
Eastern European Countries

While many thought that the eleven Central and Eastern European countries that exited communism and joined the European Union in the 2000s had made an irrevocable “civilizational choice,” Russia has sought to extend its influence into this unexpected new battleground. Though Russia has fewer tools of influence than in the lands in between, it has used energy politics, disinformation, support for extremist parties, business relations, and a variety of covert methods to cause Central and Eastern European governments and politicians to re-evaluate their allegiances. Central and Eastern European countries have experienced growing extremism, increasing polarization, and the rise of cynical power brokers who wish to accommodate Moscow, while also benefiting from EU ties and funds. Political leaders such as Viktor Orbán of Hungary have blazed this path, making gas and energy deals with Russia while undermining democratic politics at home and challenging the European Union from within.

scholarly journals Kryzys ukraiński wyzwaniem dla rozwoju relacji gospodarczych Ukrainy z Unią Europejską

Politeja ◽  
2020 ◽  
Vol 17 (3(66)) ◽  
pp. 67-77
Author(s):  
Marta Labuda
Keyword(s):  
European Union ◽  
Eastern Europe ◽  
Economic Integration ◽  
The European Union ◽  
Entire Area ◽  
Economic Relations ◽  
Ukrainian Crisis ◽  
The Impact ◽  
Exploratory Strategy ◽  
The Eu

The Ukrainian Crisis as a Challenge for Development of Economic Relations between Ukraine and European Union The present article is an attempt to look at European economic integration in terms of the Ukrainian crisis that not only Ukraine, but the entire area of Eastern Europe and the European Union must deal with. The purpose of the research is to demonstrate the impact of the Ukrainian crisis on economic integration of Ukraine with the EU. The research has been based on a mixed methodology due to the interdisciplinary subject of the article. The sequential exploratory strategy has been used. The research proves the Ukrainian crisis contributes to the trade exchange instability and causes disruptions in capital cooperation between the EU and Ukraine. The serious crisis shows how important a solid policy is to integrate this country with the EU.

scholarly journals The importance of Ukraine’s political and economic relationship with the United Arab Emirates for the Lublin Triangle

2020 ◽  
Vol 184 (7-8) ◽  
pp. 16-28
Author(s):  
Adam Krzymowski ◽  
Keyword(s):  
Eastern Europe ◽  
United Arab Emirates ◽  
Strategic Alliances ◽  
Central And Eastern Europe ◽  
The United States ◽  
Global Dimension ◽  
The European Union ◽  
The North ◽  
Economic Entity ◽  
The Impact

The presented research paper demonstrates the dynamic development of political and economic relations between Ukraine and the United Arab Emirates as well as their importance for projects involving the implementation of the Lublin Triangle. The results and findings of the research show that without taking into account the state-owned company from Dubai DP World, the success of the strategic cooperation between Ukraine, Poland, and Lithuania in transportation, as well as in the energy sector, will be limited. For this reason, it is necessary to include the Emirate company in some projects of the Lublin Triangle. Moreover, strategic alliances of the United Arab Emirates with states and international organizations of the Euro-Atlantic community, including the European Union and the North Atlantic Treaty Organisation, should be noted. In this context, the strategic importance of the UAE’s partnership with Central and Eastern Europe should be taken into account. Moreover, a close, deep alliance with the United Arab Emirates will contribute to increasing the impact of the Lublin Triangle states on transatlantic partners. In addition, the UAE, being an economic and trade hub where the interests of Europe, the United States of America, the Middle East, Africa and Asia intersect, can contribute to increasing the role of Central and Eastern Europe in the global dimension. The Emirati company DP World is one of the largest global corporations, with around 150 branches in the world and working for seaports, terminals, industrial parks, logistics and economic zones. So, this Emirati economic entity has great potential in ensuring Central and Eastern Europe an effective supply chain and stable development of trade in the upcoming increasingly aggressive economic wars.

scholarly journals THE IMPACT OF OFFSHORING ON THE EUROPEAN LABOUR MARKET

2017 ◽  
Vol 16 (3) ◽  
pp. 35-42
Author(s):  
Jakub Kraciuk
Keyword(s):  
European Union ◽  
Eastern Europe ◽  
Labour Market ◽  
Central And Eastern Europe ◽  
Wage Gap ◽  
The European Union ◽  
Skilled Workers ◽  
Eu Countries ◽  
The Impact ◽  
The Eu

This study shows the differences in wages of workers from the EU countries according to various levels of education. It also shows the level of offshoring in the analysed countries and its impact on the salaries. It was found that the largest wage gap between the high-skilled and the low-skilled workers exists both in the countries of Central and Eastern Europe and in the countries such as Germany and Portugal. Results of the analysis show that offshoring contributes to a decrease in wages of workers in the countries of the European Union. Nonetheless, the highest decrease in wages is visible among workers with the lowest skills, and the lowest decrease can be seen among workers with the highest skills.

Cultural Perspectives on Knowledge Management in Central and Eastern Europe: The SECI Model of Knowledge Conversion and 'Ba'

2010 ◽  
Vol 09 (02) ◽  
pp. 161-169 ◽  
Author(s):  
Matthew Jelavic ◽  
Kristie Ogilvie
Keyword(s):  
European Union ◽  
Knowledge Management ◽  
Eastern Europe ◽  
Central And Eastern Europe ◽  
Eastern European ◽  
The European Union ◽  
Knowledge Conversion ◽  
Cultural Perspectives ◽  
Seci Model ◽  
Eastern European Countries

This research discusses the SECI Model of Knowledge Conversion as it relates to the 10 Central and Eastern European Countries (CEECs) that are now part of the European Union (EU). The socio-economic conversion from socialism to capitalism of these societies is unique in historical precedence, whereby utilising the contextual models in knowledge conversion are applicable for understanding the implications of such a phenomenon. The results indicate that there is a unique set of variables that need to be considered within this context and for future similar situations.

Racist Extremism in Central and Eastern Europe

2005 ◽  
Vol 19 (2) ◽  
pp. 161-184 ◽  
Author(s):  
Cas Mudde
Keyword(s):  
European Union ◽  
Eastern Europe ◽  
Comparative Research ◽  
Western Europe ◽  
Central And Eastern Europe ◽  
The European Union ◽  
Safe Haven ◽  
Research Project ◽  
To Come ◽  
The Impact

Based in part on the results of a unique, comparative research project, the aim of this article is threefold: (1) to provide a comparative summary of racist extremism in Central and Eastern Europe (CEE); (2) to compare the situation of racist extremism in CEE to that in Western Europe; and (3) to come to some further insights about racist extremism in the region. It concludes, in contrast to many of the alarming statements on the topic, that CEE is neither a hotbed of racist extremism nor a safe haven for racist extremists. In fact, if one compares the state of racist extremism in CEE to that in Western Europe, the differences seem less striking than is often assumed. Yet while the impact of racist extremism in CEE might not be as great as is often assumed, a lot remains to be done, particularly now that these countries are or will soon be members of the European Union.

scholarly journals POLITICAL AND ECONOMIC INTERESTS OF GERMANY IN THE COUNTRIES OF THE CENTRAL AND EASTERN EUROPE

2019 ◽  
pp. 101-106
Author(s):  
Leonid GUSEV
Keyword(s):  
Eastern Europe ◽  
Central And Eastern Europe ◽  
Social Economic ◽  
Eastern European ◽  
The European Union ◽  
Economic Interests ◽  
Political Interests ◽  
Eastern European Countries ◽  
Visegrad Group ◽  
The Eu

It is necessary to specify that as a result of the (unification?) of Germany in 1990, its eastern frontier directly bordered with a number of former communist states. Since the beginning of the 90 years of cooperation with these states one of Germany’s main tasks became rendering aid to them in carrying out reforms. Germany, being one of leaders of the EU was interested in involvement of the countries of Central and Eastern Europe in the European market and in receiving benefits from this cooperation, besides; in the political sphere it was important to create a common and stable Europe. One can add that stability and safety in Europe was connected with EU expansion to the East. This article also analyzes how in recent years Germany has been influencing the countries of Central and Eastern Europe; demonstrating that Germany cooperated with countries of Eastern Europe not only within the European Union, but also in a bilateral format since for Germany, entry of the countries of the Central and Eastern European countries into the EU into EU was communicated with the realization of a complex of social, economic and political interests with the Visegrád group.

scholarly journals Bioeconomy’s sectors and strategies in Central and Eastern European countries. A literature review

2020 ◽  
Vol 14 (1) ◽  
pp. 83-90
Author(s):  
Mugur Victor Constantin Iureş
Keyword(s):  
European Union ◽  
Literature Review ◽  
Eastern Europe ◽  
Central And Eastern Europe ◽  
Scientific Literature ◽  
Eastern European ◽  
The European Union ◽  
Current State ◽  
Scientific Papers ◽  
Eastern European Countries

AbstractThis paper aims to identify and review the most important and topical scientific papers that deal with the strategies that the countries of Central and Eastern Europe apply in the bioeconomic field. In the context of a special attention paid to this sector by the policymakers, seen through the adoption of The Bioeconomy Strategy, in 2012, by the European Union and updated in 2018, it is natural to ask what is the current state of knowledge in this field? This paper treats with the sectors enclosed in this field, from agriculture to biofuels and from paper production to biopharmaceuticals, based on the scientific literature underpinnings, given that this development sector is an emerging one and the ampleness of the scientific works being limited. The methodology of this paper comprises the literature review of the main results obtained this far, in order to accomplish the foundation for further research.

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