CEU Electronic Theses and Dissertations, 2024
| Author | Hendrix, Cooper |
|---|---|
| Title | Effect of Conditionality of Loans: The Comparative Analysis of the Kreditanstalt fur Wiederaufbau and the Chinese Development Bank |
| Summary | Developmental Finance is an essential tool to help bring developing countries into the modern world, with liberal markets being built and public services being provided by advanced economies. The Kreditanstalt für Wiederaufbau of Germany and the Chinese Development Bank of China are both Developmental Financial Institutions that aim towards this goal. With both institutions being from different varieties of capitalism, their goals would vary, as would the conditions of the loans they provide. This thesis investigates to what extent that plays out in the recipient countries and how these loans can impact the human and democratic development of recipient countries. Based on the academic literature, the main focus is on the correlation between the amount of money given and how the Human Development Index, as well as a variety of democracy scoring systems, are impacted. These findings highlight the key differences of these two developmental financial institutions with statistically significant findings. |
| Supervisor | Bremer, Björn |
| Department | Political Science MA |
| Full text | https://www.etd.ceu.edu/2024/hendrix_cooper.pdf |
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