Montenegró és a geopolitika : két nagyprojekt tükrében

Bózsó Péter Tamás: Montenegró és a geopolitika : két nagyprojekt tükrében. In: Köztes-Európa : társadalomtudományi folyóirat, (12) 1. pp. 5-21. (2020)

[thumbnail of koztes_europa_2020_001_005-021.pdf]
Cikk, tanulmány, mű

Download (812kB) | Preview


Montenegro declared its independence again on June 3, 2006. Its area is relatively small (a bit larger than the combined area of Csongrád and Bács-Kiskun counties in Hungary) as well as its population of 660.000. Due to the also small size of its economy, a handful of companies can gain significance (like a power plant and an aluminium factory). Relative underdevelopment also means that agriculture and tourism are significant in its economy. The modernisation of the country needs capital that mostly comes from abroad, so foreign direct investments play a significant role, also including Magyar Telekom and OTP Bank from Hungary. The geopolitical context is presented here by the example of two large infrastructure projects. First, the history of the construction of the underwater electric cable connecting the country to Italy is examined, which also reflects the links of Montenegro to the EU. The launching of the Italian project was partially financed by the EU and Germany. As an adverse effect, electricity exports to a new market and upgraded interconnection grids to neighbouring countries may preserve the existence of heavily polluting fossil fuel power stations of the West Balkan region. Whether stricter environmental standards are followed is heavily depends on the EU stand in the accession processes as well as the strengths of local green movements. The second large project which is presented is the construction of the motorway connecting the touristic seaside to Serbia that is financed and carried out by China, due to the lack of other investing interests. Return on the project seems to be not guaranteed and many believe that the country takes up an excessive risk. The €1.3 billion loan that was needed for the construction have increased the debt to GDP ratio of Montenegro from 63% in 2012 to present 80%. In case of default, China would also seize land pieces in the country. These projects clearly signal the present changes in influence due to the geopolitical power shit of great and local powers.

Item Type: Article
Other title: Montenegro and geopolitics-reflected in two large projects
Journal or Publication Title: Köztes-Európa : társadalomtudományi folyóirat
Date: 2020
Volume: 12
Number: 1
ISSN: 2064-437X
Page Range: pp. 5-21
Language: Hungarian, English
Publisher: Egyesület Közép-Európa Kutatására
Place of Publication: Szeged
Related URLs:
Uncontrolled Keywords: Montenegró - geopolitika
Additional Information: Bibliogr.: p. 20-21. ; összefoglalás angol nyelven
Subjects: 05. Social sciences
05. Social sciences > 05.07. Social and economic geography
Date Deposited: 2021. Feb. 08. 14:52
Last Modified: 2023. Mar. 20. 15:22

Actions (login required)

View Item View Item