Saturday, December 15, 2018

Western and Chinese Development Finance Flows to Africa

The China Africa Research Initiative (CARI) at Johns Hopkins School of Advanced International Studies published in November 2018 a paper titled "Comparing the Determinants of Western and Chinese Development Finance Flows to Africa" by David G. Landry.

The paper explores whether various institutional indicators among African countries impact the development finance they can secure from China and western countries. It found that China sends more development finance to countries with worse institutional outcomes than the west. It also finds that bilateral trade relations and UN voting alignment have a stronger impact on China's development finance than that of western countries.

CARI also published a policy brief on the same subject.