European Institutions' Infrastructure Investment Cooperation with China
posted by Nikolai Tagarov on February 24, 2016
Found in Global, categorized in International Trade and Investment
Overcapacity resulted from slowing economy due to slower demand from abroad; China seeks to find ways of “exporting” that overcapacity to the rest of the world.
AbstractCEE countries in particular are underinvesting as they were hard hit by the 2008 crisis and FDI inflows dwindled. This is often due to government indebtedness levels; banks’ unwillingness to take on risks. However, in CEE quality of regulation and transparency have increased due to the need to attract private sector investment in the sector (EBRD Transition Report, 2015-2016). In 2015, development of PPP legislation, procurement and anti-corruption; important for attracting funds into infrastructure projects.