Hidden in Plain Sight
Chinese Development Finance in Central and Eastern Europe
Bibliographic Data
| ID | 7744153 |
|---|---|
| Authors | Nicholas Jepson (0000-0003-0163-3179, Jessamine County Schools, corresponding author) |
| Year | 2021 |
| Volume | 52 |
| Issue | 5 |
| Pages | 1222-1250 |
| Publication date | 2021-09-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Development and Change (JOURNAL) |
| Journal identifiers | ISSN: 0012-155X • E-ISSN: 1467-7660 |
| Publisher | Wiley (PUBLISHER • GB) |
| DOI | 10.1111/dech.12686 |
| OpenAlex | W3202626251 |
| Language | EN |
| Citations received | 3 |
| References cited | 24 |
China's bilateral loans have been the subject of much controversy. Most recently, an influential paper by Horn, Reinhart and Trebesch claimed that a large proportion of Chinese overseas lending is ‘hidden’ and not reported to any of the institutions which monitor global financial flows. This article examines this proposition in relation to Central and Eastern Europe, through an analysis of official Chinese lending to four countries (Belarus, Montenegro, North Macedonia and Ukraine). It finds that the most recent estimates of emerging markets’ and developing economies’ debts to China tend to be exaggerated, at least with respect to Central and Eastern Europe, and so are claims of hidden loans. In line with trends elsewhere, in three of the four cases private capital market debts outweigh debts to China. Although a lack of centralized data sources makes it challenging to form a full picture of Chinese lending, there seems to be less secrecy involved than is often suggested. Concerns remain regarding the apparent readiness of Chinese creditors to finance projects of dubious viability, as well as related issues of waste, corruption and environmental impact
Business · China · Creditor · Debt · Economics · Economy · Geography · Montenegro · Political science · Economic Issues in Ukraine · Finance · Global Economic and Social Development · International Development and Aid
Aid, China, and Growth
Examining the debt implications of the Belt and Road Initiative from a policy perspective
Socialist Unemployment
A critical look at Chinese ‘debt-trap diplomacy’
Dependence not debt-trap diplomacy
The Eurasian Land Bridge
The Domestic Politics of the Belt and Road Initiative and its Implications
China Threat’ and ‘China Opportunity’
Fragmentation and Mobilization
Banking unconditionally
China’s Economic Diplomacy in Central and Eastern Europe
Globalization with Chinese Characteristics
Coordinated Credit Spaces
The (Ineffective) Financial Statecraft of China's Bilateral Swap Agreements
Development Dynamics of Chinese Resource-Based Investment in Peru and Ecuador
| Unique citing works | 3 |
|---|---|
| Citations per year | 0,75 |
| Citation span | 2022 - 2024 (3) |
| Citation velocity | recent |
| Highly cited | No |
| Citation types | Neutral: 3 |