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This book provides a new perspective of China's controversial
foreign aid strategy. The chapters offer a thorough examination of
data to show how China has created knowledge in its long
experiences of aid and how this accumulated knowledge could
contribute to other developing countries. The book also examines
China's aid philosophy and strategy through an Asian perspective,
instead of the Western perspective that is postulated in existing
academic literature. This is important as China shares a number of
common features with other Asian donors, including India and Japan.
Finally, the book explores how to utilize the potential effect of
this rising major donor for worldwide development and poverty
reduction.
Through comparative studies of aid supported infrastructure
projects in East Asia and Sub-Saharan Africa, the book examines how
aid could assist development processes by facilitating development
of local endogenous institutions, which are both pro-growth and
pro-poor. Applying comparative institutional analyses based on the
concept of endogenous institutions and institutional changes, and
exploring the model of 'development cooperation', the book examines
aid effectiveness in a broader context of institution development
in the two regions. It offers a new perspective on the
institutions-development nexus, alternative to the conventional one
with its emphasis of an inevitable institutional convergence to a
monolithic universal model. It argues that socially and politically
sustainable development involves institutional innovation by
developing endogenous institutions, firmly embedded in a local
social-political system. The book offers policy lessons from the
East Asian experiences with aid-supported infrastructure projects
to governments in sub-Saharan Africa, the international aid
community, including emerging development partners.
This book provides a new perspective of China's controversial
foreign aid strategy. The chapters offer a thorough examination of
data to show how China has created knowledge in its long
experiences of aid and how this accumulated knowledge could
contribute to other developing countries. The book also examines
China's aid philosophy and strategy through an Asian perspective,
instead of the Western perspective that is postulated in existing
academic literature. This is important as China shares a number of
common features with other Asian donors, including India and Japan.
Finally, the book explores how to utilize the potential effect of
this rising major donor for worldwide development and poverty
reduction.
Through comparative studies of aid-supported infrastructure
projects in East Asia and Sub-Saharan Africa, the book examines how
aid could assist development processes by facilitating development
of local endogenous institutions.
This book brings fresh perspectives into the debate on aid
effectiveness and aid relationships. Asia provides a varied picture
with its combination of rapidly developing countries where aid
plays a less central role such as China, Vietnam, and Thailand as
well as more aid dependent countries such as Nepal, Sri Lanka and
Mongolia.
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