Africa

China's Aid and Rich Oil in Africa: Effects of Production and Prices

As a new but popular donor, China has taken on more responsibilities for development in poor countries, especially in Africa. However, due to the energy shortage and non-traditional aid policies in China, international society believes that such benevolent behavior is just a means of gaining easy access to oil resources in the region. By using a new dataset, AidData's Global Chinese Official Finance Dataset (2000-2014, Version 1.0), this paper examines whether China's aid is related to African countries' oil production using panel data.

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