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Blog Post
June 20, 2023
The Biden administration’s efforts to provide attractive alternatives to Chinese finance in the developing world coincides with a period of pronounced financial stresses for these countries. After years of ready access to capital markets, coinciding with China’s rise as the dominant source of govern...
CGD NOTES
May 15, 2023
The ability of the World Bank to strike an appropriate balance between country demands and global goods depends on the institution’s shareholders. Yet, the deterioration in the bilateral relationship between the United States and China now threatens to undermine effective governance at the instituti...
Blog Post
November 18, 2021
In a new report, we rely on public reporting from multilateral development institutions and funds to provide a clearer picture of China’s participation across the multilateral development system. We find that China has staked out a uniquely important position, one that relies on leading roles as a s...
BRIEFS
November 18, 2021
China has emerged as a leading participant in multilateral development organizations. In many ways, this is a welcome development. Today’s global challenges, including COVID-19 and climate change, require an international response and have prompted renewed calls for increased multilateral engagement...
POLICY PAPERS
November 18, 2021
A considerable body of recent research attempts to shed light on China’s bilateral aid and finance flows, but there have been fewer efforts focused on China’s participation in multilateral development channels. As a result, China’s role across the landscape of multilateral institutions and funds is ...
Blog Post
September 29, 2021
Today’s release of a new dataset of over 13,000 Chinese-financed projects in developing countries marks a major contribution to our understanding of China’s role as a lender to the developing world, as well as the ways in which these projects are increasingly structured to avoid accou...
Blog Post
July 19, 2021
The G7 countries pledged a massive scale-up in support of developing-country financing at their recent summit in the UK. How it will be financed remains an open question. But analyzing trends in recent debt flows by lenders to developing countries, and taking stock of the Debt Service Suspension Ini...