Tracking underreported financial flows: China’s development finance and the aid–conflict nexus revisited

China’s provision of development finance to other countries is sizable but reliable information is scarce. We introduce a new open-source methodology for collecting project-level development finance information and create a database of Chinese official finance (OF) to Africa from 2000 to 2011. We fi...

Full description

Saved in:
Bibliographic Details
Main Authors: Strange, Austin M. (Author) , Dreher, Axel (Author) , Fuchs, Andreas (Author) , Parks, Bradley (Author) , Tierney, Michael J. (Author)
Format: Article (Journal)
Language:English
Published: 2017
In: The journal of conflict resolution
Year: 2017, Volume: 61, Issue: 5, Pages: 935-963
ISSN:1552-8766
Subjects:
Online Access:Verlag, Volltext: http://journals.sagepub.com/doi/pdf/10.1177/0022002715604363
Get full text
Author Notes:Austin M. Strange, Axel Dreher, Andreas Fuchs, Bradley Parks, and Michael J. Tierney
Description
Summary:China’s provision of development finance to other countries is sizable but reliable information is scarce. We introduce a new open-source methodology for collecting project-level development finance information and create a database of Chinese official finance (OF) to Africa from 2000 to 2011. We find that China’s commitments amounted to approximately US$73 billion, of which US$15 billion are comparable to Official Development Assistance following Organization for Economic Cooperation and Development definitions. We provide details on 1,511 projects to fifty African countries. We use this database to extend previous research on aid and conflict, which suffers from omitted-variable bias due to the exclusion of Chinese development finance. Our results show that sudden withdrawals of “traditional” aid no longer induce conflict in the presence of sufficient alternative funding from China. Our findings highlight the importance of gathering more complete data on the development activities of “nontraditional donors” to better understand the link between aid and conflict.
Item Description:Enthält: Literaturverzeichnis Seite 960-963
Physical Description:Online Resource
ISSN:1552-8766