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Abstract
Chinese “aid” is a lightning rod for criticism. Policymakers, journalists, and public intellectuals claim that Beijing is using its largesse to cement alliances with political leaders, secure access to natural resources, and create exclusive commercial opportunities for Chinese firms—all at the expense of citizens living in developing countries. We argue that much of the controversy about Chinese “aid” stems from a failure to distinguish between China’s Official Development Assistance (ODA) and more commercially-oriented sources and types of state financing. Using a new database on China’s official financing commitments to Africa from 2000-2013, we find the allocation of Chinese ODA to be driven primarily by foreign policy considerations, while economic interests better explain the distribution of less concessional flows. These results highlight the need for better measures of an increasingly diverse set of non-Western financial activities.
Dokumententyp: | Arbeitspapier |
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Name der Reihe: | Discussion Paper Series, University of Heidelberg, Department of Economics |
Band: | 0620 |
Ort der Veröffentlichung: | Heidelberg |
Erstellungsdatum: | 20 Okt. 2016 06:50 |
Erscheinungsjahr: | Oktober 2016 |
Seitenanzahl: | 57 |
Institute/Einrichtungen: | Fakultät für Wirtschafts- und Sozialwissenschaften > Alfred-Weber Institut |
DDC-Sachgruppe: | 330 Wirtschaft |
Freie Schlagwörter: | Development Finance, Foreign Aid, Non-DAC Donors, China, Tracking Underreported Financial Flows |
Schriftenreihe: | Discussion Paper Series / University of Heidelberg, Department of Economics |