CEU Electronic Theses and Dissertations, 2024
| Author | Milto, Sergei |
|---|---|
| Title | How Successful Is The AIIB? The Influence of the Banks Performance on China's Relations with Distant Countries |
| Summary | The paper analyzes the Asian Infrastructure Investment Bank (AIIB) activity in countries that are politically “distant” from China in order to answer the following research question: considering that the AIIB is a Chinese brainchild and preserves many levers of Chinese interest, why do politically “distant” states such as India and the Philippines are among its most active participants and which benefits does the successful operation of the AIIB in these countries bring to China? In order to answer these questions the author uses the sociological constructivist approach in the institutional analysis of the AIIB to determine how China can influence the Bank, quantitative and qualitative methods to assess the Bank’s operation in India and the Philippines. The main findings are that the institutional design of the Bank delegates a lot of decision-making authority to the management of the Bank which has strong connections to China. In politically “distant” states such as India and the Philippines the Bank serves as a remedial tool that becomes especially active when all the other channels of Chinese financing get blocked. Through the AIIB as a multilateral bank China can direct its development finance to politically “distant” states to partly compensate for the deterioration of bilateral economic ties, promote regional infrastructural connectivity and improve the image of the AIIB as an impartial institution. |
| Supervisor | Piroska, Dóra |
| Department | International Relations MA |
| Full text | https://www.etd.ceu.edu/2024/milto_sergei.pdf |
Visit the CEU Library.
© 2007-2025, Central European University