| ID | 129644 |
| Title Proper | Faustian bargain or just a good bargain |
| Other Title Information | Chinese foreign direct investment and politics in Europe |
| Language | ENG |
| Author | Meunier, Sophie |
| Publication | 2014. |
| Summary / Abstract (Note) | This article explores the political challenges posed by the recent influx of Chinese outward foreign direct investment (OFDI) into the European Union (EU), which has become in 2011 the top destination for Chinese investment in the world. The central political question facing European states welcoming the influx of Chinese capital is whether this is a good bargain-a positive-sum game where both investor and investee benefit-or instead a Faustian bargain-a zero-sum game in the long term where capital is accompanied by implicit conditionality affecting European norms and policies, from human rights to labor laws. The novelty of Chinese FDI has the potential to affect politics in Europe in three different venues: inside European countries, between European countries, and between Europe and third countries. This article, whose main goal is to launch a research agenda on the political implications of Chinese FDI, explores in turn its potential impact on foreign and domestic policy, institutional process within the EU, and transatlantic relations |
| `In' analytical Note | Asia Europe Journal Vol.12, No.1-2; March 2014: p.143-158 |
| Journal Source | Asia Europe Journal Vol.12, No.1-2; March 2014: p.143-158 |
| Key Words | Faustian bargain ; Developed Economies ; Chinese Investment ; China's Economy ; Chinese Outward Foreign Direct Investment - OFDI ; Biggest Economies ; Economic Powers ; Greatest Economy ; Economic Liberalization ; Chinese Overseas Investment ; China ; Chinese Economy ; Chinese FDI ; Foreign Direct Investment - FDI ; Europe ; European Union - EU ; Chinese Politics ; Chinese Interest - Europe ; Transatlantic Relations |