Arbeitspapier

The political economy of China's aid policy in Africa

In recent years, China has become a major power on the African continent, not only with respect to trade and investment, but also as a donor of development aid. Although there is no accurate measure of the exact size of China’s aid program, since China rather underestimates the volume in official statistics, estimates on the basis of press releases, official announcements and assessments of major projects in Africa suggest that China has already overtaken the World Bank in lending to Africa. In this article, we analyze China’s aid policy in Africa from a political economy perspective. We show that China is using (tied) aid and loans in order to reach specific economic and political goals and that Beijing has been quite successful in doing so. The impressing success of China in getting access to African countries can be explained by comparative advantages of the People’s Republic, especially in unstable nations and “rough” states. China’s engagement in Africa causes some serious problems with traditional donors. We discuss these conflicts and provide a critical assessment of China’s role in Africa. Finally, we discuss the policy implications for the donor community.

Sprache
Englisch

Erschienen in
Series: Jena Economic Research Papers ; No. 2007,051

Klassifikation
Wirtschaft
Thema
China
Africa
development aid
political economy
Entwicklungshilfe
Chinesisch
Entwicklungshilfekonditionen
Public Choice
Afrika
China

Ereignis
Geistige Schöpfung
(wer)
Pehnelt, Gernot
Ereignis
Veröffentlichung
(wer)
Friedrich Schiller University Jena and Max Planck Institute of Economics
(wo)
Jena
(wann)
2007

Handle
Letzte Aktualisierung
10.03.2025, 11:42 MEZ

Datenpartner

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Objekttyp

  • Arbeitspapier

Beteiligte

  • Pehnelt, Gernot
  • Friedrich Schiller University Jena and Max Planck Institute of Economics

Entstanden

  • 2007

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