Description

• Title:
  Untapped Instrument. Sovereign Wealth Funds and Chinese policy toward the Central and Eastern European countries
• Creator:
  Kamiński, Tomasz;
  Jurczyk, Tomasz
• Contributor:
  Kamiński, Tomasz;
  University of Łódź
• Description:
  Although there has been vivid academic debate as to what extent Sovereign Wealth Funds (SWFs) are motivated by political reasons, it is rather clear that countries can use state-owned investment funds as a tool of their foreign policy. Even Barack Obama, during his initial presidential campaign in 2008 commented: “I am obviously concerned if these… sovereign wealth funds are motivated by more than just market consideration and that’s obviously a possibility”. This book looks at SWF activities in Central and Eastern Europe (CEE) to determine the main motives for SWF presence in CEE. Are the potential financial gains the only reason behind their investments? Are SWF activities in the region dangerous for the stability and security of the CEE countries? The book is pioneering analyses of SWFs behaviour in the region, based on empirical data collected from the Sovereign Wealth Fund Institute Transaction Database, arguably the most comprehensive and authoritative resource tracking SWF investment behaviour globally.;
  Rozdział pochodzi z książki: Political Players? Sovereign Wealth Funds’ Investments in Central and Eastern Europe, T. Kamiński (ed.), Wydawnictwo Uniwersytetu Łódzkiego, Łódź 2017.;
  This chapter aims at looking at the role of Sovereign wealth funds (SWFs) in China’s policy toward Central and Eastern European (CEE) countries in the 21st century, especially since the enlargement of the European Union (EU) in 2004. During this time, we could observe an increase of Chinese interest in the region resulting in growing trade, investments and number of contacts on all levels. China has used a wide array of different instruments to achieve its goals in the region: from a big political project such as the “16+1 format” to an unprecedented frequency of contacts between Chinese provinces and their European counterparts (Kaczmarski, Jakóbowski 2015). Despite a visible growth of economic ties, Beijing presented a very limited will to use investments as a political instrument. Even if Chinese investments in CEE are booming, they are possibly less politically biased and more market-driven than those in other developing countries, like African ones.;
  This book was published in frames of project “Political significance of the Sovereign Wealth Funds’ investments in the Central and Eastern Europe”. The project was financed by the Polish National Science Centre (Decision no. DEC-2012/07/B/HS5/03797).
• Object availability:
  free access
• Rights:
  Uznanie autorstwa-Użycie niekomercyjne-Bez utworów zależnych 3.0 Polska;
  http://creativecommons.org/licenses/by-nc-nd/3.0/pl ;
  © Copyright by Tomasz Kamiński, Tomasz Jurczyk, Łódź 2017, © Copyright for this edition by Uniwersytet Łódzki, Łódź 2017
• Date:
  2017.02.13;
  2017
• Type:
  Book chapter
• Language:
  English
• Format:
  application/pdf
• Publisher:
  Wydawnictwo Uniwersytetu Łódzkiego
• Relation:
  Political Players? Sovereign Wealth Funds’ Investments in Central and Eastern Europe, T. Kamiński (ed.), Wydawnictwo Uniwersytetu Łódzkiego, Łódź 2017, s. 69-91.
• Subject:
  Sovereign wealth funds (SWFs);
  Central and Eastern European (CEE);
  Chinese policy toward CEE
• Identifier:
  T. Kamiński, T. Jurczyk, Untapped Instrument. Sovereign Wealth Funds and Chinese policy toward the Central and Eastern European countries, [w:] T. Kamiński (ed.), Political Players? Sovereign Wealth Funds’ Investments in Central and Eastern Europe, Wydawnictwo Uniwersytetu Łódzkiego, Łódź 2017, s. 69-91, doi:10.18778/8088-331-4.06.;
  978-83-8088-331-4;
  http://hdl.handle.net/11089/20541 ;
  978-83-8088-332-1;
  10.18778/8088-331-4.06
• Data provider:
  Repozytorium Uniwersytetu Łódzkiego
• Can I use it?:
  seek permission
• Type:
  text