The Negative Externalities of China’s Development Finance: How National Governance Capacity of Recipient Countries Made a Difference in Aid Results

Yanxing Zhou

2025

Abstract

As China has been engaged in deeper international cooperation, it advocates its preposition on globalization and multilateralism, providing aid to developing countries. With the deepening of international cooperation, China’s aid programs are also questioned by the international society, which seems to be the mainstream in academic discussion. This research compares how Tanzania and Sri Lanka respond differently to exploit China’s development finance. Tanzania took some more effective measures to deal with risks during the cooperation. However, Sri Lanka didn’t well exploit the freedom of China’s aid method. It takes less effective measures. China’s aid method is like an amplifier expanding the effect of recipient countries’ governance capacity. To some extent, it exposes some issues of recipient countries’ dependence on debt and misjudgment in decision-making. China should not be mainly responsible for some less-than-ideal international aid. The conditions of the recipient countries also make differences in the final result.

Paper Citation

in Harvard Style

Zhou Y. (2025). The Negative Externalities of China’s Development Finance: How National Governance Capacity of Recipient Countries Made a Difference in Aid Results. In Proceedings of the 1st International Conference on Innovative Education and Social Development - Volume 1: IESD; ISBN 978-989-758-779-5, SciTePress, pages 438-442. DOI: 10.5220/0013998900004912

in Bibtex Style

@conference{iesd25,
author={Yanxing Zhou},
title={The Negative Externalities of China’s Development Finance: How National Governance Capacity of Recipient Countries Made a Difference in Aid Results},
booktitle={Proceedings of the 1st International Conference on Innovative Education and Social Development - Volume 1: IESD},
year={2025},
pages={438-442},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0013998900004912},
isbn={978-989-758-779-5},
}

in EndNote Style

TY - CONF

JO - Proceedings of the 1st International Conference on Innovative Education and Social Development - Volume 1: IESD
TI - The Negative Externalities of China’s Development Finance: How National Governance Capacity of Recipient Countries Made a Difference in Aid Results
SN - 978-989-758-779-5
AU - Zhou Y.
PY - 2025
SP - 438
EP - 442
DO - 10.5220/0013998900004912
PB - SciTePress