Chinese Approach to Development Policies and their Effect on the Western Balkans and Bosnia and Herzegovina
Chinese Approach to Development Policies and their Effect on the Western Balkans and Bosnia and Herzegovina
Author(s): Ešref Kenan RašidagićSubject(s): Politics, Supranational / Global Economy, Economic policy, International relations/trade, Economic development
Published by: Fakultet političkih nauka - Univerzitet u Sarajevu
Keywords: China; development policies; Beijing Consensus; investment; Western Balkans; Bosnia and Herzegovina; European Union;
Summary/Abstract: The article tracks the appearance of China as a key development actor on the global development agenda, and consequently as an increasingly important economic partner in the Western Balkans and Bosnia and Herzegovina. In accordance with the principles contained in the Beijing Consensus and the Belt and Road and 17+1 Initiatives, China has partnered with different levels of government in Bosnia's complex political system to prepare or execute an increasing number of major infrastructure projects, including two thermal power plants and a highway. Similar as in the neighbouring Serbia and Croatia, Chinese entrance into the local market rung some alarm bells in the corridors of the EU bureaucracy in Brussels. Concerns have been raised regarding the transparency of the deals, their environmental impact and potential effects on the fragile political system in the country.
Journal: Sarajevski žurnal za društvena pitanja
- Issue Year: IX/2020
- Issue No: 2
- Page Range: 39-60
- Page Count: 22
- Language: English