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27 May 2009
In recent years Chinese investment, demand for resources and development
assistance has contributed to growth in a number of low-income economies.
How will China’s management of the financial crisis affect these
countries? In March 2009 IDS and the Brookings-Tsinghua
Centre, Beijing co-organised a workshop in China to explore these
issues, funded by the UK
Department for International Development (DFID).
China’s growing influence in international governance institutions and
in the provision of global public goods – from poverty reduction and
trade regulation to security and climate change – means that it must play
a key part in any ‘solution’ to the global financial crisis or new
institutional arrangements. The workshop explored China’s current
relations with low-income countries; early impacts of and responses to the
financial crisis around the world; the specific context of China and
Africa; and what we can learn from all of this.
Donors and development organisations need to understand the likely
impacts on these economies in order to assess the implications for poverty
reduction and achieving the Millennium Development Goals.
A full report of the workshop is available on the Brookings
Institute website (pdf, 2.09 MB).
Image: Professor Lan Xue, Dean and Professor at the School of Public
Policy and Management, Tsinghua University and Sarah Cook, Research Fellow
at the Institute of Development Studies
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