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. (2018). China in Africa: competition for traditional development finance institutions? (No. 61; AidData Working Paper). http://docs.aiddata.org/ad4/pdfs/WPS61_China_in_Africa.pdf
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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—often described as tools to exert the influence of wealthy western countries—might compete with China to maintain their relevance and influence in Africa. This study
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Humphrey, C., & Michaelowa, K. (2018). China in Africa: competition for traditional development finance institutions? (No. 61; AidData Working Paper). http://docs.aiddata.org/ad4/pdfs/WPS61_China_in_Africa.pdf