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Books > Social sciences > Politics & government > International relations
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Banking on Beijing - The Aims and Impacts of China's Overseas Development Program (Paperback)
Loot Price: R890
Discovery Miles 8 900
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Banking on Beijing - The Aims and Impacts of China's Overseas Development Program (Paperback)
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Donate to Against Period Poverty
Total price: R910
Discovery Miles: 9 100
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China is now the lender of first resort for much of the developing
world, but Beijing has fueled speculation among policymakers,
scholars, and journalists by shrouding its grant-giving and lending
activities in secrecy. Introducing a systematic and transparent
method of tracking Chinese development projects around the world,
this book explains Beijing's motives and analyzes the intended and
unintended effects of its overseas investments. Whereas China
almost exclusively provided aid during the twentieth century, its
twenty-first century transition from 'benefactor' to 'banker' has
had far-reaching impacts in low-income and middle-income countries
that are not widely understood. Its use of debt rather than aid to
bankroll big-ticket infrastructure projects creates new
opportunities for developing countries to achieve rapid
socio-economic gains, but it has also introduced major risks, such
as corruption, political capture, and conflict. This book will be
of interest to policymakers, students and scholars of international
political economy, Chinese politics and foreign policy, economic
development, and international relations.
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