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Covid-19, China and the future of global development
Tensions between the United States and China have been escalating in recent years, and the Covid-19 pandemic has intensified their competition. If sustained, China's more effective public health response and economic restart will burnish its leadership credentials in the field of global develop...
Autores principales: | , , |
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Formato: | Online Artículo Texto |
Lenguaje: | English |
Publicado: |
Published by Elsevier Ltd.
2020
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Materias: | |
Acceso en línea: | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7402238/ http://dx.doi.org/10.1016/j.resglo.2020.100020 |
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author | Schindler, Seth Jepson, Nicholas Cui, Wenxing |
author_facet | Schindler, Seth Jepson, Nicholas Cui, Wenxing |
author_sort | Schindler, Seth |
collection | PubMed |
description | Tensions between the United States and China have been escalating in recent years, and the Covid-19 pandemic has intensified their competition. If sustained, China's more effective public health response and economic restart will burnish its leadership credentials in the field of global development. This article lays out the origins and distinctive features of China's development policies and vision, and argues that in a post-Covid world these may constitute an appealing alternative to the US-led development paradigm for many developing countries. We contrast the universalism and rigidity of contemporary development orthodoxy with China's emphasis on bilateral and pragmatic forms of development cooperation borne out of its domestic experience. While Chinese development assistance and loans enhance its soft power, partner countries are offered significant autonomy and flexibility. We conclude by outlining three factors which may impact the future of Chinese leadership in the field of global development; a reconciliation of global financial governance and China's development lending, the outcome of the upcoming American presidential election and domestic discontent within China over the Belt and Road Initiative. |
format | Online Article Text |
id | pubmed-7402238 |
institution | National Center for Biotechnology Information |
language | English |
publishDate | 2020 |
publisher | Published by Elsevier Ltd. |
record_format | MEDLINE/PubMed |
spelling | pubmed-74022382020-08-05 Covid-19, China and the future of global development Schindler, Seth Jepson, Nicholas Cui, Wenxing Research in Globalization Article Tensions between the United States and China have been escalating in recent years, and the Covid-19 pandemic has intensified their competition. If sustained, China's more effective public health response and economic restart will burnish its leadership credentials in the field of global development. This article lays out the origins and distinctive features of China's development policies and vision, and argues that in a post-Covid world these may constitute an appealing alternative to the US-led development paradigm for many developing countries. We contrast the universalism and rigidity of contemporary development orthodoxy with China's emphasis on bilateral and pragmatic forms of development cooperation borne out of its domestic experience. While Chinese development assistance and loans enhance its soft power, partner countries are offered significant autonomy and flexibility. We conclude by outlining three factors which may impact the future of Chinese leadership in the field of global development; a reconciliation of global financial governance and China's development lending, the outcome of the upcoming American presidential election and domestic discontent within China over the Belt and Road Initiative. Published by Elsevier Ltd. 2020-12 2020-08-04 /pmc/articles/PMC7402238/ http://dx.doi.org/10.1016/j.resglo.2020.100020 Text en © 2020 Published by Elsevier Ltd. Since January 2020 Elsevier has created a COVID-19 resource centre with free information in English and Mandarin on the novel coronavirus COVID-19. The COVID-19 resource centre is hosted on Elsevier Connect, the company's public news and information website. Elsevier hereby grants permission to make all its COVID-19-related research that is available on the COVID-19 resource centre - including this research content - immediately available in PubMed Central and other publicly funded repositories, such as the WHO COVID database with rights for unrestricted research re-use and analyses in any form or by any means with acknowledgement of the original source. These permissions are granted for free by Elsevier for as long as the COVID-19 resource centre remains active. |
spellingShingle | Article Schindler, Seth Jepson, Nicholas Cui, Wenxing Covid-19, China and the future of global development |
title | Covid-19, China and the future of global development |
title_full | Covid-19, China and the future of global development |
title_fullStr | Covid-19, China and the future of global development |
title_full_unstemmed | Covid-19, China and the future of global development |
title_short | Covid-19, China and the future of global development |
title_sort | covid-19, china and the future of global development |
topic | Article |
url | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7402238/ http://dx.doi.org/10.1016/j.resglo.2020.100020 |
work_keys_str_mv | AT schindlerseth covid19chinaandthefutureofglobaldevelopment AT jepsonnicholas covid19chinaandthefutureofglobaldevelopment AT cuiwenxing covid19chinaandthefutureofglobaldevelopment |