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Development finance fragmentation and diversification: the case of China, India and Türkiye

Author

Listed:
  • Olivier Najar,
  • Pascale Scapecchi
  • et Ysaline PADIEU

Abstract

From 2010 to 2019, the international community committed USD 1,700 billion in loans for developing countries. While multila-teral development banks continued to provide the bulk of financings (60% of the total), close to 20% came from relatively new actors, amongst which the BRICS countries – primarily China, Russia and, to a lesser extent, India – played a significant role.This paper presents different issues associated with the relative rise of three donors from the emerging world: China, India and Türkiye, looking at the circumstances which led to their emergence, their respective particularities and objectives, and their impact on the existing framework(s) used to define and measure official development assistance (ODA).

Suggested Citation

  • Olivier Najar, & Pascale Scapecchi & et Ysaline PADIEU, 2023. "Development finance fragmentation and diversification: the case of China, India and Türkiye," Working Paper 81567fdf-0daf-470c-9844-f, Agence française de développement.
    • Handle: RePEc:avg:wpaper:en14502
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    File URL: https://www.afd.fr/sites/afd/files/2023-01-02-51-12/AFD-MacroDev_INT-Chine-Inde-Turquie-N43-UK-PDF%20WEB.pdf
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    References listed on IDEAS

    as
    1. Brautigam, Deborah & Acker, Kevin & Huang, Yufan, 2020. "Debt relief with Chinese characteristics," SAIS-CARI Policy Briefs 46/2020, Johns Hopkins University, School of Advanced International Studies (SAIS), China Africa Research Initiative (CARI).
    2. Asmus, Gerda & Eichenauer, Vera & Fuchs, Andreas & Parks, Bradley, 2021. "Does India use development finance to compete with China? A subnational analysis," Kiel Working Papers 2189, Kiel Institute for the World Economy (IfW Kiel).
    3. Brautigam, Deborah & Acker, Kevin & Huang, Yufan, 2020. "Debt Relief with Chinese Characteristics," SAIS-CARI Working Papers 2020/39, Johns Hopkins University, School of Advanced International Studies (SAIS), China Africa Research Initiative (CARI).
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Chine; Inde; Turquie;
    All these keywords.

    JEL classification:

    • E - Macroeconomics and Monetary Economics

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