Journal of
Economics and International Finance

  • Abbreviation: J. Econ. Int. Finance
  • Language: English
  • ISSN: 2006-9812
  • DOI: 10.5897/JEIF
  • Start Year: 2009
  • Published Articles: 363

Full Length Research Paper

The economic effects of Chinese foreign aid

Yirgalem Assefa Mengesha
  • Yirgalem Assefa Mengesha
  • School of International Trade and Economics, University of International Business and Economics Huixing Dongjie, Chaoyang District, Beijing 100029, China.
  • Google Scholar


  •  Received: 02 October 2020
  •  Published: 31 October 2020

References

Albert E (2017). China in Africa. Review of Council on Foreign Relations. Available at: 

View (Accessed February 13, 2020).

 

Balde Y ( 2011) The impact of remittances and foreign aid on Sub-Saharan Africa's investment. African Development Review 23(2):247-262.
Crossref

 
 

Basnet HC (2013). Aid, Savings, and Economic Growth in South Asia. International Business and Economics Research Journal 12(11):1389-1391.
Crossref

 
 

Bhattarai BP (2009). Foreign aid and economic growth in Nepal: An empirical analysis. Journal of Development Areas 42(2):283-302.
Crossref

 
 

Brautigam D (2011). Characteristics of Chinese Foreign Aid: The Chinese Foreign Aid and Development Finance Meet OECD-DAC Aid Regime. Journal of International Development 23(5): 752-758.
Crossref

 
 

Burger J (2018). One Africa: Africa Singapore Business Forum 2018 Edition. NBY-SBF Center for African Studies 13(1):10-15.

 
 

Cheng M (2016). Does Chinese Foreign Aid have a contribution to Economic growth to African Countries? Unpublished manuscript last modified January 10. PDF file. Georgetown University.

 
 

Chowdhury A, Garonne P (2009). Effective foreign aid, economic integration, and subsidiarity: The Lessons from Europe. 

 
 

Doucouliagos H, Paldam M (2009). Aid effectiveness on accumulation: A meta-study. Kylos 59:227-254.
Crossref

 
 

Dreher A, Fuchs A, Parks B, Strange AM, Tierney MJ (2017). Chinese, Aid, and Growth. The Evidence from a New Global Development Finance Dataset. AidData Working Paper #46.
Crossref

 
 

Eltalla AH ( 2016). Foreign Aid, Savings, and Economic Growth on the Selected MENA Countries. Business and Economic Research 61(1):354-360.

 
 

Feeny S, Ouattara B (2009). The type of economic growth that aid support. The Applied Economics Letter, pp. 720-725.

 
 

Fuchs A (2019). Chinese Foreign Aid to Africa and Its Consequences. The Past, Present, and Future of African-Asian Relations International conference. University of Neuchâtel April 25-27. Hamburg.

 
 

Grimm M, Herzer D (2011). Does Foreign aid increases private investment? The Evidence of panel cointegration test. Applied Economics 44(20):2537-2550.
Crossref

 
 

International Monetary Fund (IMF) (2018). International Monetary Fund. Retrieved from World Economic Outlook Reports. Available at: 

View (Accessed October 15, 2020).

 
 

Knoema (2020). Zimbabwe - Gross domestic product in constant price's growth rate. Retrieved from Knoem. Available at: 

View (Accessed July 13, 2020).

 
 

Lauren AS, Chatterji I (2016). Foreign Aid and Economic Growth in Sub-Saharan African Countries. Economics Discussion/Working Papers 15-35. Western Australia University Department of Economics.

 
 

LI Anshan LH, Wenping H (2012). Twelve Years Later FOCAC: Challenges, and Achievements, Way Forward. Discussion Paper 74. School of International Studies in cooperation with Nordiska Afrika institute Peking University Uppsala.

 
 

Lina B, Robertson W (2018). Xi Jinping pledged $60 billion for Africa. Where will the money go? Retrieved from The Washington Post. Available at: View (Accessed May 2, 2020).

 
 

Loayza N, Schmidt-Hebbel K, Servén L (2000). Saving in Developing Countries: An Overview of Economic Review. The World Bank Economic Review 14(3):393-414.
Crossref

 
 

Mallik G ( 2008). Foreign aid and economic growth: An Overview of the cointegration analysis of the six poorest African countries. Economic Analysis and Policy 38(2):251-260.
Crossref

 
 

Mankiw NG (2008). Macroeconomics (Volume 9). (J. E. Tufts, Ed.) New York, 41 Madison Avenue: Worth Publishers.

 
 

Michael E, Omoruyi M, Zhibin S (2016). Foreign Aid and Economic Growth: Does It Play Any Significant Role in the Sub-Saharan African Countries? Journal of International African and Asian Studies 23:24-26.

 
 

Ministry of Foreign Affairs (2014). The Asian-African Conference. Retrieved from Ministry of Foreign Affairs, the People's Republic of China. Available at View (Accessed December 21, 2019).

 
 

Mosley P (1980). Savings, Aid, and growth revisited. Economics and Statistics the Oxford Bulletin. pp. 75-90.
Crossref

 
 

Niyonkuru F (2016). Failure of aid in developing countries: A quest for the alternatives. Journal of Business and Economics 7:231. 
Crossref

 
 

Nour S (2011). Assessment of Effectiveness of Chinese Aid in Financing Development in the Sudanese. SSRN Electronic Journal. 10.2139/ssrn.1949150.
Crossref

 
 

Nushiwat M (2007). Foreign aid to the developing countries: Does it crowd-out the countries' domestic savings? Journal of Finance and Economics 12(11):94-102.

 
 

OECD (2018). DAC Glossary of Key Terms and Concepts. Retrieved from OECD. Available at: 

View (Accessed May 23, 2020).

 
 

Phijaisanit E (2010) The time series analysis of the endogenous fiscal response to development aid in Thailand. Journal of International Studies 15:12-26.

 
 

Rajan R, Subramanian R (2008). Aid and growth: What does the evidence the cross-country really show? Review of Economics and Statistics 90:643-665.
Crossref

 
 

Rana P, Dowling J (1998). The Impact of Foreign Capital on Growth. Evidence from Asian Developing Countries. Developing Economies 26:3-11.
Crossref

 
 

Sabra MM, Sartawi S (2015). The Development Impacts of Foreign Aid on Economic Growth, Domestic Savings, and the Dutch Disease Presence in Palestine. Journal of International Economics and Empirical Research 3(11):532-541.

 
 

Specter M (2015). The severe inequality of the Angolan oil boom. Retrieved from The New Yorker. Available at: 

View (Accessed June 25, 2020).

 
 

State Council (2015). The Policy Briefing on Accelerating Implementation of Innovation-Driven Development Strategy through Strengthening Institutional Reforms, Beijing: The People's Republic of China. Available at: 

View

 
 

Sun Y (2017). China-US Focus. Retrieved from china US, focus Web site. Available at: 

View (Accessed August 7, 2019).

 
 

The initiative HA (2018). China Africa Research Initiative. Retrieved from Johns Hopkins University's School of Advanced International Studies. Available at: 

View (Accessed August 15, 2019).

 
 

Wang X (2014). The West's Aid Dilemma and the Chinese Solution? Ozanne A (eds.), Manchester: The University of Manchester Economics School of Social Sciences and Centre for Chinese Studies.
Crossref

 
 

Ye Q (2017). China's Foreign Aid and Economic Growth: What is the effect of China's foreign aid on economic growth in developing countries.Rotterdam University.

 
 

World Bank Report (2017). World Report on Development: The State in a Changing World. New York, NY: Oxford University Press.