Malmö University Publications
Change search
CiteExportLink to record
Permanent link

Direct link
Cite
Citation style
  • apa
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf
China's Role in Global Development Finance: China Challenge or Business as Usual?
Malmö University, Faculty of Culture and Society (KS), Department of Global Political Studies (GPS).
2020 (English)In: Global Policy, ISSN 1758-5880, E-ISSN 1758-5899, Vol. 11, no 3, p. 326-335Article in journal (Refereed) Published
Abstract [en]

China's economic success has prompted both academic political economists and applied policy analysts to speculate about the implications of a new 'China model' of economic development and global economic governance. A particular issue is the degree to which the China model involves developing in opposition to or in cooperation with the pre-existing norms of global economic governance. Recognizing the ambiguity of the China model, we consider two alternative interpretations of China's role in global economic governance: China Challenge (CC) and Business as Usual (BaU). We flesh out these contrasting interpretations using evidence from the lending behavior of four major development finance institutions in which China plays a leading or determinative role: the Asian Infrastructure Investment Bank (AIIB), the New Development Bank (NDB), the Silk Road Fund (SRF), and the China-Africa Development Fund (CADF) of the China Development Bank. We find that (at least in the restricted domain of international development finance) China's role in global economic governance is largely characterized by BaU behavior, and although on a regional level this does represent a challenge to the historical role of Japan, it nonetheless suggests that the China model is not so revolutionary as many analysts suppose.

Place, publisher, year, edition, pages
John Wiley & Sons, 2020. Vol. 11, no 3, p. 326-335
National Category
International Migration and Ethnic Relations Globalisation Studies
Identifiers
URN: urn:nbn:se:mau:diva-17082DOI: 10.1111/1758-5899.12802ISI: 000520067500001Scopus ID: 2-s2.0-85080079376OAI: oai:DiVA.org:mau-17082DiVA, id: diva2:1424819
Available from: 2020-04-20 Created: 2020-04-20 Last updated: 2024-02-05Bibliographically approved

Open Access in DiVA

No full text in DiVA

Other links

Publisher's full textScopus

Authority records

Åberg, John H. S.

Search in DiVA

By author/editor
Åberg, John H. S.
By organisation
Department of Global Political Studies (GPS)
In the same journal
Global Policy
International Migration and Ethnic RelationsGlobalisation Studies

Search outside of DiVA

GoogleGoogle Scholar

doi
urn-nbn

Altmetric score

doi
urn-nbn
Total: 201 hits
CiteExportLink to record
Permanent link

Direct link
Cite
Citation style
  • apa
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf