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OFFICIAL FINANCE
(2)
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Item
1
ID:
180070
Comparing US and Chinese Foreign Aid in the Era of Rising Powers
/ Regilme Jr, Salvador Santino F; Hodzi, Obert
Hodzi, Obert
Journal Article
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Summary/Abstract
China is emerging as a key state actor in international development – a sector that has been dominated by the United States for decades. US and Chinese foreign aid programs can be compared on the basis of several benchmarks: 1) official state definition and accounting of foreign aid programs; 2) historical foundations and origins; 3) sectoral distribution, particularly in terms of the professed goals and objectives of the aid program; 4) nature of targeted recipient actors; 5) institutional mechanisms for delivery in recipient countries. Notwithstanding particular differences, Chinese and US foreign aid portfolios demonstrate their respective strategic political and economic interests in two ways: they shape the domestic politics of recipient countries in ways that accommodate the donor government’s policy preferences, and they enhance the social reputation and legitimacy of the donor state in the international system.
Key Words
Foreign Aid
;
United States
;
China
;
International Development
;
Official Finance
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2
ID:
167058
Old bottle new wine? the evolution of China’s aid in Africa 1956–2014
/ Morgan, Pippa; Zheng, Yu
Zheng, Yu
Journal Article
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Summary/Abstract
China’s aid is frequently portrayed as a challenger to established Overseas Development Assistance (ODA) norms, but it is unclear when the distinct ‘Chinese-model’ of aid emerged and how it has evolved over time. Using new historical data on Chinese aid in Africa and the case of Ethiopia, we have three main findings. First, China developed a distinct model of mixing ODA-like aid and commercial forms of economic engagement only after the mid-1990s, reflecting institutional reforms for allocating and managing foreign official finance. Second, social sectors have played a much greater role in China’s aid programme than is commonly perceived. Finally, Chinese aid to productive sectors has changed substantially whereas in social sectors it is relatively consistent.
Key Words
Foreign Aid
;
Africa
;
China
;
Development Cooperation
;
Official Finance
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