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Chinese aid comes with few strings attached, allowing recipient country leaders to use it for domestic political purposes. The vulnerability of Chinese aid to political capture has prompted speculation that it may be economically ineffective, or even harmful. We test these claims by estimating...
Persistent link: https://www.econbiz.de/10012025573
Chinese aid comes with few strings attached, allowing recipient country leaders to use it for domestic political purposes. The vulnerability of Chinese aid to political capture has prompted speculation that it may be economically ineffective, or even harmful. We test these claims by estimating...
Persistent link: https://www.econbiz.de/10012033099
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non-concessional state financing — from China to 138 countries between 2000 and 2014. We use these data to investigate … effectiveness of Chinese aid vis-à-vis the World Bank, the United States, and all members of the OECD's Development Assistance … no robust evidence that World Bank aid promotes growth. We also find that, irrespective of the funding source, less …
Persistent link: https://www.econbiz.de/10012945864
This article introduces a new dataset of official financing from China to 138 developing countries between 2000 and … financial support from China impairs the overall effectiveness of aid from Western donors, aid from the United States tends to … be more effective in countries that receive no substantial support from China. …
Persistent link: https://www.econbiz.de/10012546752
There are arguably few topics in current global economic policy as intensely debated as the impact of different facets of globalization on human development. Given that the concept of globalization reflects a multitude of economic and societal transformations, the scope of these discussions...
Persistent link: https://www.econbiz.de/10011309263
The paper presents a detailed description of IMF and World Bank conditionality and tries to explain changes in this … conditions seem to be influenced by contemporaneous World Bank activity. Moreover, the paper tries to explain compliance with … World Bank conditionality as well as interruptions of IMF programs in the recipient countries. Compliance with World Bank …
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