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capital account, even though the opening of the latter happened de facto, not de jure. With respect to China being Africa … that capital flows from China to Africa in the form of mainly economic cooperation projects, but also FDI contribute to an … appreciation of the local currencies vis à vis the RMB, while no such effect appears for aid ows from China. The former two …
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Reconciling the two dominant development models of the Washington Consensus (WC) and Beijing Model (BM) remains a … critical challenge in the literature. The challenge is even more demanding when emerging development paradigms like the Liberal … institutional diversity matter in the development process. We synthesize perspectives from over 150 recently published papers on …
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This survey of the 2016 replenishments of three multilateral development bank soft funds and of the Global Fund for … AIDS, TB and Malaria shows that a significant re-set of the multilateral development finance system is taking place, with …, the International Development Association). 'Graduation' of countries away from eligibility for highly concessional …
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