EU REACTIONS TO CHINA’S ECONOMIC RISE

The international actorness of the European Union is an object of prolonged scholarly and political debates. As an association of states with both complementary and competing interests it faces the problem of collective action. The EU elaborated several mechanisms to mitigate it effect, which, howev...

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Autores principales:	Ju. D. Zhdanova, I. A. Istomin
Formato:	article
Lenguaje:	EN RU
Publicado:	MGIMO University Press 2017
Materias:	european union china collective action problem central and eastern europe european troika economic cooperation International relations JZ2-6530
Acceso en línea:	https://doaj.org/article/dd1126788fec402f995dd25e4f5f148b
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id	oai:doaj.org-article:dd1126788fec402f995dd25e4f5f148b
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spelling	oai:doaj.org-article:dd1126788fec402f995dd25e4f5f148b2021-11-23T14:50:38ZEU REACTIONS TO CHINA’S ECONOMIC RISE2071-81602541-909910.24833/2071-8160-2017-5-56-91-113https://doaj.org/article/dd1126788fec402f995dd25e4f5f148b2017-11-01T00:00:00Zhttps://www.vestnik.mgimo.ru/jour/article/view/672https://doaj.org/toc/2071-8160https://doaj.org/toc/2541-9099The international actorness of the European Union is an object of prolonged scholarly and political debates. As an association of states with both complementary and competing interests it faces the problem of collective action. The EU elaborated several mechanisms to mitigate it effect, which, however, do not necessarily avail it to conduct a coherent policy towards other major powers. The current article demonstrates that when it comes to defending European interests in the world arena,Brusselsfaces a range of challenges even in the most developed spheres of the integration process, such as international economic cooperation. Due to the insufficiency of hegemony, common identity and institutional weakness, the member states of the European Union tend to pursue their own private interests, rather than speak for the common interest. This tendency is traced in the article using the record of relations between the EU andChina. Despite the fact that the EU is, in many ways, wealthier and technologically more developed thanChina, its dependence on huge financial resources flowing from the Asian ascending power has grown in 2010s. While the European Commission’s goal is to secure access to Chinese market for European companies, individual member states vie for Chinese investments. To illustrate this, the article highlights competitive strategies ofGermany,Great Britain,Franceand Central and Eastern European countries (CEECs). It examines engagement of the CEECs in the Chinese initiative “16+1”. The authors conclude that competition between European states in financial sphere reduces their bargaining leverage not only in economic matters, but also on some political issues.Ju. D. ZhdanovaI. A. IstominMGIMO University Pressarticleeuropean unionchinacollective action problemcentral and eastern europeeuropean troikaeconomic cooperationInternational relationsJZ2-6530ENRUVestnik MGIMO-Universiteta, Vol 0, Iss 5(56), Pp 91-113 (2017)
institution	DOAJ
collection	DOAJ
language	EN RU
topic	european union china collective action problem central and eastern europe european troika economic cooperation International relations JZ2-6530
spellingShingle	european union china collective action problem central and eastern europe european troika economic cooperation International relations JZ2-6530 Ju. D. Zhdanova I. A. Istomin EU REACTIONS TO CHINA’S ECONOMIC RISE
description	The international actorness of the European Union is an object of prolonged scholarly and political debates. As an association of states with both complementary and competing interests it faces the problem of collective action. The EU elaborated several mechanisms to mitigate it effect, which, however, do not necessarily avail it to conduct a coherent policy towards other major powers. The current article demonstrates that when it comes to defending European interests in the world arena,Brusselsfaces a range of challenges even in the most developed spheres of the integration process, such as international economic cooperation. Due to the insufficiency of hegemony, common identity and institutional weakness, the member states of the European Union tend to pursue their own private interests, rather than speak for the common interest. This tendency is traced in the article using the record of relations between the EU andChina. Despite the fact that the EU is, in many ways, wealthier and technologically more developed thanChina, its dependence on huge financial resources flowing from the Asian ascending power has grown in 2010s. While the European Commission’s goal is to secure access to Chinese market for European companies, individual member states vie for Chinese investments. To illustrate this, the article highlights competitive strategies ofGermany,Great Britain,Franceand Central and Eastern European countries (CEECs). It examines engagement of the CEECs in the Chinese initiative “16+1”. The authors conclude that competition between European states in financial sphere reduces their bargaining leverage not only in economic matters, but also on some political issues.
format	article
author	Ju. D. Zhdanova I. A. Istomin
author_facet	Ju. D. Zhdanova I. A. Istomin
author_sort	Ju. D. Zhdanova
title	EU REACTIONS TO CHINA’S ECONOMIC RISE
title_short	EU REACTIONS TO CHINA’S ECONOMIC RISE
title_full	EU REACTIONS TO CHINA’S ECONOMIC RISE
title_fullStr	EU REACTIONS TO CHINA’S ECONOMIC RISE
title_full_unstemmed	EU REACTIONS TO CHINA’S ECONOMIC RISE
title_sort	eu reactions to china’s economic rise
publisher	MGIMO University Press
publishDate	2017
url	https://doaj.org/article/dd1126788fec402f995dd25e4f5f148b
work_keys_str_mv	AT judzhdanova eureactionstochinaseconomicrise AT iaistomin eureactionstochinaseconomicrise
_version_	1718416734627561472

EU REACTIONS TO CHINA’S ECONOMIC RISE

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