Understanding Chinese and Western Development Finance in Uganda, South Africa, and Zimbabwe

Edwin Muchapondwa and Samson Mukanjari

No wp-2014-087, WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER)

Abstract: China's importance as a major donor outside the traditional Western donors has been increasing and this has helped to bridge the funding gaps in developing countries. At the same time, South-South financial assistance still comes with less conditionality making China's aid model different to Western donors. China dominates as a donor for Zimbabwe with substantial aid also going into Uganda and South Africa while South Africa is the darling of Western donors. Chinese funded projects are not confined to a specific sector and the scale of the projects varies across countries.

Keywords: Economic development; Environment and economic development; International finance (search for similar items in EconPapers)
Date: 2014
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