IDEAS home Printed from https://ideas.repec.org/a/sae/emeeco/v11y2019i1-2p11-36.html
   My bibliography  Save this article

Central and Eastern European Countries Toward the Belt and Road Initiative: The Role of 16+1 Initiative

Author

Listed:
  • Monika BÄ…k

Abstract

The 16+1 concept (including 16 Central and Eastern European countries and China) is complementary to the Belt and Road Initiative (BRI). This article explores different aspects of cooperation between China and Central and Eastern European Countries (CEEC), focusing on the perception of cooperation through the prism of foreign direct investments (FDI) and individual Central and Eastern Europe-16 (CEE-16) countries (bilateral links between China and a given country against the background of CEE-16). This article is an attempt to present and interpret facts and issues related to cooperation as well as to explore rational applications in terms of future forms of cooperation. It is clear that there is a need to develop more effective mechanisms of cooperation, using the established secretariats and other institutions beyond them. The article also makes recommendations for bilateral cooperation between China and individual countries, including actions at the regional level. Moreover, the postulates resulting from this analysis indicate the need to harmonize and improve the availability of economic data relating to economic cooperation within the framework of the 16+1 initiative, especially in the context of the group of European countries outside the European Union (EU).

Suggested Citation

  • Monika BÄ…k, 2019. "Central and Eastern European Countries Toward the Belt and Road Initiative: The Role of 16+1 Initiative," Global Journal of Emerging Market Economies, Emerging Markets Forum, vol. 11(1-2), pages 11-36, January.
    • Handle: RePEc:sae:emeeco:v:11:y:2019:i:1-2:p:11-36
    DOI: 10.1177/0974910119871374
    as

    Download full text from publisher

    File URL: https://journals.sagepub.com/doi/10.1177/0974910119871374
    Download Restriction: no
    File URL: https://libkey.io/10.1177/0974910119871374?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Alicia García-Herrero & K.C. Kwok & Tim Summers & Liu Xiangdong & Zhang Yansheng, . "EU–China Economic Relations to 2025. Building a Common Future," Books, Bruegel, number 21910.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Alicia Garcia Herrero, 2019. "Europe in the midst of China-US strategic economic competition: What are our options?," CESifo Forum, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 20(01), pages 11-20, April.
    2. Sattich, Thomas & Freeman, Duncan & Scholten, Daniel & Yan, Shaohua, 2021. "Renewable energy in EU-China relations: Policy interdependence and its geopolitical implications," Energy Policy, Elsevier, vol. 156(C).

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:sae:emeeco:v:11:y:2019:i:1-2:p:11-36. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: SAGE Publications (email available below). General contact details of provider: http://www.emergingmarketsforum.org/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.