Hidden Dragon? Chinese Influence at the World Bank
Erasmus Kersting (Villanova University)

Abstract:
In this paper, we consider an alternate explanation for China’s continued interest in World Bank loans: borrower influence. As a bureaucracy and as a bank, the World Bank relies both on repayment of its outstanding loans and on a predictable pipeline of new lending. As a major client, China might prefer informal influence to formal influence (i.e., increased vote share) since key elements of the World Bank agenda – conditionality, transparency, indigenous rights – sit poorly with China’s own domestic record and non-interference approach to foreign policy. The paper examines how China has been treated by the World Bank and whether there is statistical evidence of China having informal influence over World Bank decisions.

cege research seminar
Wednesday, February 3rd from 2.30 pm – 4.00 pm, CET
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cege – Center for European, Governance and Economic Development Resear
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