中国煤炭工业的全球化:开发银行的作用

IF 1.2 3区 社会学 Q2 SOCIAL SCIENCES, INTERDISCIPLINARY Journal of East Asian Studies Pub Date : 2021-07-01 DOI:10.1017/jea.2021.16
B. Kong, K. Gallagher
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引用次数: 2

摘要

摘要本文对中国燃煤电厂海外开发性融资的政治经济学进行了考察。在短短十多年的时间里,中国两大政策性银行为海外燃煤电厂扩建提供的融资,超过了世界经济中任何其他公共融资机构。我们展示了中国对燃煤电厂的海外公共融资激增是一系列国内推动和国外拉动因素的函数。产能过剩、环境监管和结构变化是推动因素,这些因素与不断增长的能源需求、丰富的煤炭资源以及西方资本市场对燃煤电厂缺乏融资结合在一起。中国煤炭体系的碎片化,以及境外对煤炭的需求,使得中国内地一个衰落的行业成为中国的全球发电站。
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THE GLOBALIZATION OF CHINA'S COAL INDUSTRY: THE ROLE OF DEVELOPMENT BANKS
Abstract This article examines the political economy of Chinese overseas development finance for coal fired power plants. In just over a decade China's two major policy banks provide more financing for overseas coal-fired power plant expansion than any other public financier in the world economy. We show how China's overseas surge in public financing for coal fired power plants is a function of a number of domestic push and foreign pull factors. Excess capacity, environmental regulation, and structural change are push factors that converge with rising demand for energy, pockets of coal abundance, and the lack of financing in Western capital markets for coal fired power plants. Fragmentation across the Chinese system and the demand for coal outside China's borders allow for a decline sector on the mainland to become a global Chinese powerhouse.
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来源期刊
Journal of East Asian Studies
Journal of East Asian Studies SOCIAL SCIENCES, INTERDISCIPLINARY-
CiteScore
1.90
自引率
15.40%
发文量
28
期刊介绍: Experts from around the globe come together in this important peer-reviewed forum to present compelling social science research on the entire East Asia region. Topics include democratic governance, military security, political culture, economic cooperation, human rights, and environmental concerns. Thought-provoking book reviews enhance each issue. Want more information information on Journal of East Asian Studies? Sign up for our E-Alerts for regular updates.
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