A study on the Causes of International Anti-Corruption Cooperation between China and Southeast Asian Countries Under the Belt and Road Initiative

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With the continuous expansion of China’s outward direct investment in countries along the «Maritime Silk Road», the external environment faced by China’s outward direct investment has become increasingly complex. The impact of corruption and government quality has become more prominent. From 2014 to 2019, the corruption index and institutional distance had a significant impact on China’s outward direct investment in the ten ASEAN countries along the Maritime Silk Road and the quality of their governments. The complex situation presented by the cases of the ten ASEAN countries shows that it is difficult to fully analyze the relationship between government quality and direct investment by a single variable such as a corruption index or an institutional distance. It is necessary to introduce a comprehensive analysis of multiple factors, such as cultural distance, political stability, and bilateral relations. In view of this, China should strengthen the «Maritime Silk Road» construction corruption risk assessment, create a risk control mechanism and provide more regional public products that contribute to sustainable economic development and trade cooperation between countries along the «Maritime Silk Road».

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Corruption perception index, institutional distance, foreign direct investment, Belt and Road Initiative

Короткий адрес: https://sciup.org/148318101

IDR: 148318101   |   DOI: 10.18101/2305-753X-2021-1-25-35

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