Please use this identifier to cite or link to this item: https://doi.org/10.1007/s11266-021-00342-w
Title: Can money buy friendship?—Evidence from the US and China’s competition for influence through foreign aid
Authors: Zheng Huanhuan 
Chen Li
Keywords: cross-border aid flows
political relations
competition for influence
conflicts
Issue Date: 18-Feb-2022
Publisher: Wiley
Citation: Zheng Huanhuan, Chen Li (2022-02-18). Can money buy friendship?—Evidence from the US and China’s competition for influence through foreign aid. The World Economy : 1-47. ScholarBank@NUS Repository. https://doi.org/10.1007/s11266-021-00342-w
Abstract: Using bilateral aid data from 47 donors to 194 recipients, we find that while donors reward good relationship with more foreign aid, recipients sweeten their political relations with donors only after aid cuts. The negative impact of aid on political relations is more pronounced after the Cold War, in politically stable regions, and in countries where China and the U.S are both donors. We provide evidence that the competition for influence among donors with distinct political pursuits and the conflicts between donors and recipients in aid implementation are driving the results.
Source Title: The World Economy
URI: https://scholarbank.nus.edu.sg/handle/10635/217164
ISSN: 0378-5920
1467-9701
DOI: 10.1007/s11266-021-00342-w
Appears in Collections:Staff Publications
Elements

Show full item record
Files in This Item:
File Description SizeFormatAccess SettingsVersion 
Huanhuan_Can money buy friendship.pdf619.88 kBAdobe PDF

OPEN

NoneView/Download

SCOPUSTM   
Citations

7
checked on Jan 26, 2023

Page view(s)

90
checked on Feb 2, 2023

Download(s)

3
checked on Feb 2, 2023

Google ScholarTM

Check

Altmetric


Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.