Advertisement

Future Prospects of China’s Foreign Aid

  • Yasutami Shimomura
  • Hideo Ohashi

Abstract

The objective of this concluding chapter is to examine the future prospects of China’s foreign aid by taking advantage of the analyses in the preceding chapters. This book confirms that China has accumulated a wide reserve of intellectual assets through their aid experiences as donor as well as recipient. China has enormous potentiality, although as a donor it needs to overcome various problems. Taking advantage of its past experiences and in view of the magnitude and high growth rate of its aid activities, China can make a major contribution to global development issues. From this starting point, this concluding chapter focuses attention on how to fully utilize the potential of China’s increasing foreign aid.

Keywords

Foreign Direct Investment Recipient Country Development Cooperation Donor Coordination Concessional Loan 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

Preview

Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.

References

  1. Ajakaiye, O. (2011). ‘China-Africa Aid Relations: Features, Opportunities and Challenges’. Paper presented at the SOAS-JICA Workshop on Aid and Development in Asia and Africa, 17—18 February. London.Google Scholar
  2. Bell, M., H. E. Khor, and K. Kochhar (1993). ‘China at the Threshold of a Market Economy’. IMF Occasional Paper 107. Washington, DC: IMF.Google Scholar
  3. Finnemore, M. (1996). National Interests in International Society. Ithaca: Cornell University Press.Google Scholar
  4. IOSC (Information Office of the State Council) (2011). China’s Foreign Aid. Beijing: IOSC.Google Scholar
  5. Ito, T. (1993). ‘US Political Pressure and Economic Liberalization in East Asia’. In: J. Frankel and M. Kahler (eds), Regionalism and Rivalry Japan and the United States in Pacific Asia. Chicago: University of Chicago Press.Google Scholar
  6. Knack, S., and A. Rahman (2004). ‘Donor Fragmentation and Bureaucratic Quality in Aid Recipients’. WB Policy Research Working Paper 3186. Washington, DC: World Bank.Google Scholar
  7. Koen, V., and S. Phillips (1993). Price Liberalization in Russia Behaviour of Prices, Household Incomes, and Consumptions during the First Year. Washington, DC: IMF.Google Scholar
  8. Kuchiki, A., and M. Tsuji (eds) (2005). Industrial Clusters in Asia: Analyses of their Competition and Cooperation. London: Palgrave Macmillan.Google Scholar
  9. Lancaster, C. (2007). Foreign Aid Diplomacy, Development, Domestic Politics. Chicago: University of Chicago Press.Google Scholar
  10. Liu, J. (2013). Tochi Fudosan Ison-Gata no Chugoku Chiho Zaisei —Antei Zaigen no Kakuho ni Muketa Taisaku to Kongo no Kadai’ (‘Heavy Dependence on Real Property in China’s Local Budget — Policy Agenda for Securing Sustainable Revenue’). Kokusai Kinyu, 1245 (International Finance, 1245).Google Scholar
  11. Ministry of Finance of China (2009). Finance Yearbook of China. Beijing: Ministry of Finance.Google Scholar
  12. Moyo, D. (2009). Dead Aid: Why Aid is Not Working and How There is a Better Way for Africa. New York: Farrar, Straus and Giroux.Google Scholar
  13. National Bureau of Statistics of China (2010). China Statistical Yearbook. Beijing: NBSC.Google Scholar
  14. Nishida, Y. (ed.) (2012). Zusetsu Nihon no Zaisei (Finance of Japan Illustrated). Tokyo: Toyo Keizai Shinpo-sha.Google Scholar
  15. Nissanke, M., and Y. Shimomura (2013). ‘Institutional Evolution through Development Cooperation: an Overview’. In M. Nissanke and Y. Shimomura (eds), Aid as Handmaiden for the Development of Institutions: A New Comparative Perspective. London: Palgrave Macmillan.CrossRefGoogle Scholar
  16. Pharr, S. (1994). ‘Japanese Aid in the New World Order’. In C. Garby and M. Bullock (eds), Japan: A New Kind of Superpower?. Washington, D.C. and Baltimore, MA: The Woodrow Wilson Center Press, and The Johns Hopkins University Press.Google Scholar
  17. Prasad, E. (2004). ‘China’s Growth and Integration into the World Economy Prospects and Challenges’. IMF Occasional Paper 232. Washington, D.C.: IMF.Google Scholar
  18. Qinghua Daxue Jingji Waijiao Yanjiu Zhongxin (Center for Economic Diplomacy Studies of Qinghua University) (2012). Zhongguo Jingji Waijiao (China’s Economic Diplomacy) 2012. Beijing: Shijie Zhishi Chubanshe (World Knowledge Publishing House).Google Scholar
  19. Sachs, J. (1994). Poland’s Jump to the Market Economy. Cambridge, Mass: The MIT Press.Google Scholar
  20. Saidi, M., and C. Wolf (2011). ‘Recalibrating Development Cooperation: How Can African Countries Benefit from Emerging Partners?’ OECD Working Paper 302. Paris: OECD.Google Scholar
  21. Sano, J. (2012). ‘Chugoku no Kokka Zaisei no Tokucho to Zaisei Shutudo no Yochi’ (‘The Features of China’s Government Budget and the Fiscal Policy Stimulus Capacity’). Kokusai Kinyu, 1240 (International Finance, 1240).Google Scholar
  22. Shambaugh, D. (2008a). ‘Learning from Abroad to Reinvent Itself: External Influences on Internal CCP Reforms’. In: C. Li (ed.), China’s Changing Political Landscape Prospects for Democracy. Washington, D.C.: Brookings Institution Press.Google Scholar
  23. Shambaugh, D. (2008b). China’s Communist Party: Atrophy and Adaptation. Washington, DC and Berkeley, CA: Woodrow Wilson Center Press, and University of California Press.Google Scholar
  24. Suzuki, T. (2013). ‘Kokusai Shakai ni Taisuru Chugoku no Mikata to Sono Gaikoteki Shatei’ (‘China’s View of the International Aid Community and Its Diplomatic Policy Implications’). In: Y. Shimomura and H. Ohashi (eds), Chugoku no Taigai Enjo (China’s Foreign Aid). Tokyo: Nihon Keizai Hypron-sha.Google Scholar
  25. World Bank (1998). Assessing Aid: What Works, What Doesn’t, and Why. Oxford: Oxford University Press.Google Scholar
  26. Zhou, B. (2010). ‘Yuanwai Daidong Huli Hezuo de Liuda Xiaoying’ (’six Mutual Benefit Effects of Foreign Aid’). Guoji Jingi Hezuo, 9 (International Economic Cooperation, 9).Google Scholar

Copyright information

© Yasutami Shimomura and Hideo Ohashi 2013

Authors and Affiliations

  • Yasutami Shimomura
    • 1
  • Hideo Ohashi
    • 2
  1. 1.Hosei UniversityJapan
  2. 2.Senshu UniversityJapan

Personalised recommendations