The Chinese-led Belt and Road Initiative has created unprecedented economic opportunities for developing and underdeveloped countries to became more active in international trade, including in energy exports. The dynamics overlap with a worrying trend in democratic governance and accountability in these same countries, raising policy challenges for their long-term development prospects. By adopting a system approach within a panel dataset, we estimate this policy trade-off and reveal the heterogeneity dimension of these effects for a large set of countries and across a number of economic sectors linked to energy exports. Finally, we discuss some policy implications of our results.
Dragomirescu-Gaina, C., Fassas, A. P., Philippas, D., A Chinese clout on energy exports some countries cannot shake off, <<ENERGY ECONOMICS>>, 2024; (N/A): N/A-N/A. [doi:10.1016/j.eneco.2024.107634] [https://hdl.handle.net/10807/278136]
A Chinese clout on energy exports some countries cannot shake off
Dragomirescu-Gaina, Catalin-FlorinelPrimo
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2024
Abstract
The Chinese-led Belt and Road Initiative has created unprecedented economic opportunities for developing and underdeveloped countries to became more active in international trade, including in energy exports. The dynamics overlap with a worrying trend in democratic governance and accountability in these same countries, raising policy challenges for their long-term development prospects. By adopting a system approach within a panel dataset, we estimate this policy trade-off and reveal the heterogeneity dimension of these effects for a large set of countries and across a number of economic sectors linked to energy exports. Finally, we discuss some policy implications of our results.I documenti in IRIS sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.