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Africa's silk road : China and India's new economic frontier
New horizons are opening for Africa, with a growing number of Chinese andIndian businesses fostering its integration into advanced markets. However,significant imbalances will have to be addressed on both sides of the equation to support long-term growth.
eBook
Mining and quantitative evaluation of COVID-19 policy tools in China
Policy quantitative analysis can effectively evaluate the government’s response to COVID-19 emergency management effect, and provide reference for the government to formulate follow-up policies. The content mining method is used to explore the 301 COVID-19 policies issued by the Central government of China since the outbreak of the epidemic in a multi-dimensional manner and comprehensively analyze the characteristics of epidemic prevention policies. Then, based on policy evaluation theory and data fusion theory, a COVID-19 policy evaluation model based on PMC-AE is established to evaluate quantitatively eight representative COVID-19 policy texts. The results show that: Firstly, China’s COVID-19 policies are mainly aimed at providing economic support to enterprises and individuals affected by the epidemic, issued by 49 departments, and include 32.7 percent supply-level and 28.5 percent demand-level, and 25.8 percent environment-level. In addition, strategy-level policies accounted for at least 13 percent. Secondly, according to the principle of openness, authority, relevance and normative principle, eight COVID-19 policies are evaluated by PMC-AE model. Four policies are level Ⅰ policies, three policies are level Ⅱ policies and one policy is level Ⅲ policies. The reason for its low score is mainly affected by four indexes: policy evaluation, incentive measures, policy emphasis and policy receptor. To sum up, China has taken both non-structural and structural measures to prevent and control the epidemic. The introduction of specific epidemic prevention and control policy has realized complex intervention in the whole process of epidemic prevention and control.
Journal Article
Strategies of a Rising Power: Chinese Economic Influence in Regional International Organizations
How does China use development finance to gain influence in international organizations? Leveraging the exogenous rotation of ASEAN and African Union Chairmanship, I estimate the effect of regional leadership on Chinese commitments. Results suggest that Chinese projects are politically motivated only when the lending and recipient entities are linked to the Chinese and host governments. Governments that assume the Chair received seven times more commitments from Chinese government agencies relative to non-Chair years, a $90 million increase for the average project. By contrast, there is no evidence to suggest that Chinese banks act as agents of Beijing. Moreover, I find a consistent null relationship between temporary UN Security Council status and Chinese finance, unlike established findings about Western donors, suggesting that China is deliberately seeking regional influence. These results underscore the importance of considering the specific actors involved in China’s economic statecraft.
Journal Article
Participatory authoritarianism: From bureaucratic transformation to civic participation in Russia and China
This article explores the way in which Russian and Chinese governments have rearticulated global trends towards active citizenship and participatory governance, and integrated them into pre-existing illiberal political traditions. The concept of ‘participatory authoritarianism’ is proposed in order to capture the resulting practices of local governance that, on the one hand enable citizens to engage directly with local officials in the policy process, but limit, direct, and control civic participation on the other. The article explores the emergence of discourses of active citizenship at the national level and the accompanying legislative development of government-organised participatory mechanisms, demonstrating how the twin logics of openness and control, pluralism and monism, are built into their rationale and implementation. It argues that as state bureaucracies have integrated into international financial markets, so new participatory mechanisms have become more important for local governance as government agencies have lost the monopoly of information for effective policymaking. Practices of participatory authoritarianism enable governments to implement public sector reform while directing increased civic agency into non-threatening channels.
Journal Article
Green Credit, Green Stimulus, Green Revolution? China's Mobilization of Banks for Environmental Cleanup
To tackle China's profound environmental problems, Chinese leaders are now incorporating environmental targets in 5-year plans and experimenting with market-based mechanisms to supplement their traditional command and control mechanisms for environmental protection. In the recent years, China has produced a series of green policies, including green tax, green procurement, as well as green policies relevant to the financial sector, namely, green credit, insurance, and security policies. Of the three, the green credit policy is the most advanced, with three agencies (the Ministry of Environmental Protection, the Peoples' Bank of China, and the China Banking Regulatory Commission) sharing the responsibility for implementation. The policy, approaching its fourth year of implementation, has proved resistant to China's massive economic upheaval following the global financial crisis. Its future success depends on effective environmental data collection and dissemination, technical guidance, and provision of true financial incentives for banks. The continued success in implementation could potentially provide China with the experience and confidence to address new challenges, such as the environmental and social conduct of its enterprises overseas.
Journal Article
Donor Competition for Aid Impact, and Aid Fragmentation (PDF Download)
This paper shows that donors that maximize relative aid impact spread their budgets across many recipient countries in a unique Nash equilibrium, explaining aid fragmentation. This equilibrium may be inefficient even without fixed costs, and the inefficiency increases in the equality of donors' budgets. The paper presents empirical evidence consistent with theoretical results. These imply that, short of ending donors' maximization of relative aid impact, agreements to better coordinate aid allocations are not implementable. Moreover, since policies to increase donor competition in terms of aid effectiveness risk reinforcing relativeness, they may well backfire, as any such reinforcement increases aid fragmentation.
eBook
Trade vs. Security: Recent Developments of Global Trade Rules and China's Policy and Regulatory Responses from Defensive to Proactive
This paper provides a systemic study of China's policy and legal responses to security-related actions and disputes in the international trade regime. It starts with a brief review of the law and practices relating to the security exceptions under the World Trade Organization to provide an important context for understanding the recent developments of China's approaches to national security. Based on a detailed discussion of China's approaches at international and domestic levels, we argue that China's security strategy has been shifting from being defensive to proactive: internationally by seeking to influence the development of trade rules and practices, and domestically by expanding national security to cover a wide spectrum of economic security interests and developing a comprehensive regulatory framework to protect such interests. The way in which major trading nations are taking the law into their own hands, based on ever-expanding security interests, does not bode well for the future of the multilateral trading system. There is a pressing need for collective action by all governments involved to re-design security-related rules and exceptions to confine the use of security measures to agreed parameters.
Journal Article
Impacts of Cross-Sectoral Climate Policy on Forest Carbon Sinks and Their Spatial Spillover: Evidence from Chinese Provincial Panel Data
This paper examines the impact of cross-sectoral climate policy on forest carbon sinks. Due to the complexity of the climate change issue and the professional division of labor among government departments, cross-sectoral cooperation in formulating climate policy is a desirable strategy. Forest carbon sinks play an important role in addressing climate change, but there are few studies focusing on forest carbon sinks and cross-sectoral climate policies. Thus, based on the panel data of 30 provinces and cities in China from 2007 to 2020, this paper establishes a benchmark regression model and a spatial panel model to analyze the impact of cross-sectoral climate policies on forest carbon sinks. We find that cross-sectoral climate policies positively impact forest carbon sinks. Under the influence of the “demonstration effect”, we find that cross-sectoral climate policies have a positive impact not only on the forest carbon sinks in the region but also on those in the neighboring region. Further analysis shows that for provinces with less developed forestry industry and small forest areas, the positive effect of cross-sectoral climate policies on forest carbon sinks is more obvious. Overall, this paper can serve as an important reference for local governments to formulate climate policies and increase the capacity of forest carbon sinks.
Journal Article
US and China inch towards renewing science-cooperation pact — despite tensions
Sources say the nations are close to a deal, but the looming US presidential election is probably bogging it down.
Sources say the nations are close to a deal, but the looming US presidential election is probably bogging it down.
Journal Article