"Global Finance and Development" describes and explains the variety of relationships between finance and development. Finance is broken down into its various aspects in separate chapters on aid, debt, portfolio investment, FDI, microfinance and remittances (see sections three and four for...

Compared with China's dominance in world trade, its expanding role in global finance is poorly documented and understood. Over the past decades, China has exported record amounts of capital to the rest of the world. Many of these financial flows are not reported to the IMF, the BIS or the World...

Compared with China's pre-eminent status in world trade, its role in global finance is poorly understood. This paper studies the size, characteristics, and determinants of China's capital exports building a new database of 5000 loans and grants to 152 countries, 1949-2017. We find that 50% of...