Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/162963
Authors: 
Dreher, Axel
Fuchs, Andreas
Parks, Bradley
Strange, Austin M.
Tierney, Michael J.
Year of Publication: 
2016
Series/Report no.: 
Discussion Paper Series, University of Heidelberg, Department of Economics 620
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.
Subjects: 
Umweltpolitik
Verantwortung
Wirtschaftsphilosophie
Development Finance
Foreign Aid
Non-DAC Donors
China
Tracking Underreported Financial Flows
JEL: 
B0
O3
Q3
Persistent Identifier of the first edition: 
Document Type: 
Working Paper

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