March, 2011

Friday, March 25, 2011

Realigning Global Governance: Regionalism in China’s Financial Rise

Harvard Asia Quarterly

Amid what one might call institutional “devolution” or “fragmentation”, China’s contributions to regional development banks have increased dramatically over the past half-decade. This is seen in several areas: Growing financial and technical support to Asian programs of sub-regional integration, fund-raising drives of the AfDB and IDB, and regional trade and investment financing in all three regions. China’s financial rise has stirred interest in how the country may be reshaping the global economy.