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The regional allocation of aid within recipient countries has been largely ignored in the aid allocation literature. We use geocoded data on the location of aid projects financed by the World Bank and the African Development Bank within a sample of 27 recipient countries to assess the claim of...
Persistent link: https://www.econbiz.de/10009722479
China’s provision of development finance to other countries is sizable but reliable information is scarce. We introduce a new open source methodology for collecting project-level development finance information and create a database of Chinese official finance to Africa from 2000 - 2011. We...
Persistent link: https://www.econbiz.de/10010526723
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
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
A new methodology, Tracking Under-Reported Financial Flows (TUFF), allows us to systematically gather open-source information - e.g. news reports, case studies, project inventories from embassy websites, and grant and loan data published by recipient governments - about Chinese development...
Persistent link: https://www.econbiz.de/10010237264
This paper examines China and Africa co-operation from the angle of structural transformation as a major driver of growth and job creation. Being a bit ahead in the structural transformation process, China can provide ideas, tacit knowledge, opportunities as well as development finances in...
Persistent link: https://www.econbiz.de/10010246053
Sustainable development within the investigated context includes the ability of African countries to meet the present economic, social and environmental needs without compromising the ability of future generations to meet their own needs. A challenging contemporary policy syndrome is the lack of...
Persistent link: https://www.econbiz.de/10011872833
Chinese firms operating in Africa are often accused of violating international labour standards and not adhering with national labour laws. Considering China's tendency to maintain control over development projects throughout the entire implementation phase, using Chinese contractors for work...
Persistent link: https://www.econbiz.de/10012845641
The investment choices of large asset owners such as pension funds, sovereign wealth funds and endowments, are, to a large extent ‘guided’ and pre-determined by the systematic use of old- fashioned indices or benchmarks designed by a small set of Anglo- American ‘index providers’ –...
Persistent link: https://www.econbiz.de/10014025941
This essay rejects the undue emphasis on external development finance as one principal mains of bridging the financing gap and breaking poverty traps in Africa. A simple model is used to show our elite preference for de facto power informs the use of extraction strategy that diverts public...
Persistent link: https://www.econbiz.de/10012984017