Sponsor(s): China Foreign Affairs University; China National Association for International Studies
6 issues per year
Current Issue: Issue 02, 2020
Journal official website:http://wjxy.cbpt.cnki.net/WKE/WebPublication/index.aspx?mid=WJXY
Foreign Affairs Review is supervised by Ministry of Foreign Affairs of PRC, and sponsored by China Foreign Affairs University. It was launched in 1984, aiming to locate its domain within looking at the world based on China and observing China from the perspective of global view, and take “big international relations” and “big diplomacy” as its main subjects. Its scope covers Chinese diplomacy, big power relations, regional and international order, as well as global governance with its distinctive features. Among the well-known Chinese journals in terms of bibliometric indicators, it has become one of the best journals in the field of international relations. Moreover, it also acts as the authorized journal for China National Association for International Studies (CNAIS). The journal is included in CSSCI.
Yin Jiwu, Beijing Foreign Studies University
Wang Fan, China Foreign Affairs University
Wang Yizhou, Peking University
David M. Lampton, The
Foreign Affairs Review,2020,Vol 37,No. 02
Classical economics suggests that the wealth effect of large-scale energy export can contribute to the economic growth in exporting countries, but since the 1970s, the harsh reality of the economic slowdown or even stagnation that has prevailed in the world’s major energy-exporting countries has shown that energy abundance may not necessarily be a “blessing” for economic growth, but a “curse” that drags down the economy. In order to explore the causes and mechanisms that precipitate energy-exporting countries into the “energy curse,” this paper, based on the industrial coalitions theory, establishes an analytical framework with three major factors: the start of the modernization of energy-exporting countries, regime types and exporting conditions, focusing on the impacts of the three factors mentioned above on the strength of energy industrial coalitions. Based on a quantitative analysis of major political and economic data of energy-exporting countries, and a case study of the “energy curse” in Venezuela and Russia, the paper finds that energy-exporting countries with a relatively later start of modernization, adoption of authoritarian regimes and improvements of export conditions can generate powerful energy industrial coalitions. Such powerful energy industrial coalitions can further strengthen themselves and widen their strength gap between themselves and other industrial coalitions. Studies have shown that powerful energy industrial coalitions contribute huge taxes and remittances, provide abnormal subsidies and sway election results, thereby inducing governments and politicians to be pathologically dependent on such energy industrial coalitions, limiting the development of other industries and eventually dragging down the economic growth.