Publication: China in Africa: competition for traditional development finance institutions?
China in Africa: competition for traditional development finance institutions?
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Humphrey, C., & Michaelowa, K. (2019). China in Africa: competition for traditional development finance institutions? World Development, 120, 15–28. https://doi.org/10.1016/j.worlddev.2019.03.014
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Official development finance from China has risen tremendously in the past two decades across the globe, including in the world’s poorest continent Africa. How has this sudden increase in development resources affected the two major multilateral development banks (MDBs) in the region, the World Bank and the African Development Bank (AfDB)? One might expect that the MDBs would compete with China to maintain influence in Africa. This study uses statistical tests and interviews with government officials in three recipient countries to se
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Humphrey, C., & Michaelowa, K. (2019). China in Africa: competition for traditional development finance institutions? World Development, 120, 15–28. https://doi.org/10.1016/j.worlddev.2019.03.014