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Estimating The Xi Effect: How Chinese Aid Affects Economic And Political Institutions, Mackenzie Owens
Estimating The Xi Effect: How Chinese Aid Affects Economic And Political Institutions, Mackenzie Owens
Business and Economics Honors Papers
Under Xi Jinping, China has expanded its aid allocation worldwide and has introduced global infrastructure projects to connect itself to countries everywhere. With such ambitious aid allocation, China has been the recipient of both admiration and scorn on the international stage. This paper assesses these concerns using data from 2000 to 2017 to determine how Chinese aid affects recipient states’ economic and political institutions. Specifically, this research looked to ascertain if there is a measurable Xi Effect in recipient states. The quantitative analysis shows the Xi Effect is small and positive on economic institutions and political institutions, signifying Xi Jinping’s …