China and the World Bank: How Contrasting Development Approaches Affect the Stability of African States
121 Pages Posted: 18 Dec 2018 Last revised: 1 Nov 2019
Date Written: September 1, 2019
China’s development model challenges the approaches of traditional, Western donors like the World Bank. We argue that both aim at stability, but differ in the norms propagated to achieve that. Using fixed effects and IV estimations, we analyze a broad range of subnational stability measures in Africa. Aid by both the World Bank and China does not increase outright conflict nor any type of citizen protest, on average. Both even reduce outright conflict by governments against civilians. Still, Chinese aid is associated with more government repression and an increased acceptance of authoritarian norms, while World Bank projects strengthen democratic values.
Keywords: Development Models, Development Aid, Stability, Conflict, Repression, World Bank, China, Africa, Geolocation
JEL Classification: D74, F52, H81, O19, P51
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