Abstract:

development finance, corruption, China, Development Assistance Committee, public investment, developing countries, growth, official capital flows, international finance, Chinese lending, misallocation, foreign aid, Chinese loans, institutions, development, public capital, ODA, development assistance, diversion, misappropriation, elite capture, official lending, Belt and Road Initiative, white elephant, global capital allocation, expropriation, emerging economies, public debt, sovereign debt, government expenditure