| 000 | 01707nab a2200181 4500 | ||
|---|---|---|---|
| 999 |
_c10641 _d10641 |
||
| 003 | OSt | ||
| 005 | 20200923112133.0 | ||
| 007 | cr aa aaaaa | ||
| 008 | 200918b ||||| |||| 00| 0 eng d | ||
| 100 |
_aWang, Hongying _930414 |
||
| 245 | _aNew Development Bank and the Asian Infrastructure Investment Bank: China's Ambiguous Approach to Global Financial Governance | ||
| 260 |
_bWiley, _c2019. |
||
| 300 | _aVol. 50, Issue 1, 2019:(221-244 p.) | ||
| 520 | _aThe creation of the New Development Bank (NDB) and the Asian Infrastructure Investment Bank (AIIB) has generated a great deal of attention and controversy in the development community and beyond. Do these banks indicate that China is promoting a new model of multilateral development finance that undermines the existing system dating back to Bretton Woods? What are the forces shaping China's policy choices in this area? In contrast to the prevailing tendency to view these banks as part and parcel of the same challenge or opportunity for multilateral development financing, this article highlights major distinctions between the NDB and the AIIB. The fact that China is playing a prominent role in both the NDB and the AIIB suggests that China is not promoting a coherent new model of multilateral development financing, but is instead straddling different traditions in this realm of global financial governance. The ambiguity in China's approach to multilateral development finance is shaped by its multiple identities and complex economic and political interests. | ||
| 773 | 0 |
_08737 _915395 _dWest Sussex John Wiley & Sons Ltd. 1970 _tDevelopment and change _x0012-155X |
|
| 856 | _u https://doi.org/10.1111/dech.12473 | ||
| 942 |
_2ddc _cART |
||