The main aim of the article was to analyze the motives behind the FDI decisions of Chinese companies’ capital engagement in Central and Eastern Europe. The article examines the applicability of existing theoretical concepts towards Chinese outward foreign direct investment (OFDI). Chinese OFDI patterns have been found to be consistent with Dunning’s investment development path (IDP) theory, but research shows that OFDI to CEE countries is additionally driven by specific motives different than in other regions. The study has proved that one of the major purposes is to get access to the EU common market. Additionally, data analysis has revealed that CEE countries that are not part of the EU attract proportionally more Chinese FDI than those that have easier access to EU funds.
Purpose: The authors of the article try to situate the Belt and Road Initiative (BRI)-Chinese flag international project-in theory and turn attention to the risks accompanying it. The article examines the applicability of a theoretical concept connected with the sharing economy towards the Belt and Road Initiative. Presenting the idea of shared development is a novelty in the approach towards BRI. It puts China at the center of the future globalization wave, describing the process with Chinese characteristics and comparing it with Western-style globalization. The aim of this research is also to assess and discuss the disadvantages and threats of the Belt and Road Initiative from different points of view countries/participants involved, the world economy, and China itself. Design/Methodology/Approach: The main tool used in the first part of the research is a literature analysis, whereas, in the second part, logical reasoning based on a critical analysis of recent and older literature and official Chinese statements have been used. The third part of the reasoning is based on empirical examples from Belt and Road countriesthis being a base for synthesizing the research. A qualitative method was applied to this research. Findings: The study results have confirmed that given the various aspects concerning the BRI, the initiative is a source of both opportunities and threats for all the participating sides. Practical Implications: The results can be used to estimate the positive and negative consequences of individual economies' engagement in the BRI project. They may enhance or warn the engaged countries as far as this grand project's participation is concerned. Originality/value: The concept of shared development as the theoretical base for the Belt and Road Initiative is a complete novelty. The multifaceted approach towards the positive and negative sides of BRI is also not popular in the literature. The model used in the article is the effect of the authors' own work.
Omawiane opracowanie na temat zagranicznej polityki ekonomicznej Chin to pozycja wartościowa i potrzebna na naszym rynku. Gospodarka chińska, dynamicznie rozwijająca się już od kilku dekad, jest jednym z najistotniejszych punktów na gospodarczej mapie świata. Problematyka chińska budzi zainteresowanie wszystkich istotnych podmiotów we współczesnej gospodarce światowej. Około 1,3 mld ludności i potencjał gospodarczy, jaki ten kraj reprezentuje, to wystarczające powody do zajęcia się tym tematem, który niestety zbyt rzadko wzbudza zainteresowanie działaczy gospodarczych naszego kraju. Autor tego opracowania od wielu lat analizuje problematykę gospodarki chińskiej i jest uznanym w tym względzie autorytetem w Polsce, co gwarantuje wysoki poziom merytoryczny książki. Książka składa się z czterech rozdziałów oraz obszernego podsumowania i wniosków. Układ pracy jest, moim zdaniem, dobrze przemyślany i świadczy o dużej znajomości problematyki przez prof. K. Starzyka. Szczególnie cenne są trzy pierwsze rozdziały odnoszące się do tytułowej rynkowej transformacji oraz jej relacji z zagraniczną polityką ekonomiczną. Rozdział pierwszy rozpoczynają dywagacje Autora na temat samego pojęcia transformacji oraz różnych modeli transformacji. Autor prezentuje zagadnienie transformacji, porównując przekształcenia zachodzące w różnych krajach, jednak
Goal – the aim of this article is to present the 21st Century Maritime Silk Road as the maritime complement to the Silk Road Economic Belt, paying particular attention to the benefits and costs for China and other countries. Research methodology – the article uses the method of descriptive and explanatory research, as well as the cause and effect analysis based on a review of the literature on the subject. Score/results – presentation of the importance of the Maritime Silk Road (MSR) and its enormous economic potential as well as other key ramifications for the various nations situated along the routes and the world economy. Originality/value – blue economic corridors need to be understood as complement to each other regarding the strategic integration of the regions under the BRI and the benefits and costs of the engagement in them are different for various groups of countries. The implications of the MSR for China and other countries are presented in the tables covering both advantages and benefits plus disadvantages and threats.
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