IDEAS home Printed from https://ideas.repec.org/p/avg/wpaper/fr10419.html
   My bibliography  Save this paper

Vers de « Nouvelles routes de la soie » durables ?

Author

Listed:
  • Thomas MELONIO
  • Marine BERTUZZI
  • Alisée PORNET
  • Laëtitia TREMEL

Abstract

L’étude des flux financiers internationaux chinois montre que la Chine est devenue un acteur majeur du financement international. Avec l’initiative des « Nouvelles routes de la soie », la Chine projette un récit du développement centré essentiellement sur la croissance économique, la connectivité par le biais des infrastructures de transport et les échanges commerciaux. Lors du 2e forum sur les « Nouvelles routes de la soie » en avril 2019, les autorités chinoises ont mis l’accent sur les enjeux de durabilité financière et environnementale et indiqué leur souhait d’évoluer vers des « Nouvelles routes de la soie » de « haute qualité ». Ce discours ouvre la voie à un dialogue renforcé et à des coopérations plus intenses avec les autres acteurs du financement du développement, même si cela suppose une convergence des conditions financières, sociales et environnementales pratiquées par les acteurs financiers chinois et non chinois. Cet article propose plusieurs recommandations susceptibles de créer de nouvelles convergences des pratiques entre acteurs et offre des pistes de réflexion pour l’élaboration d’un référentiel commun de financement du développement durable.Ce Policy Paper est également disponible en mandarin.

Suggested Citation

  • Thomas MELONIO & Marine BERTUZZI & Alisée PORNET & Laëtitia TREMEL, 2019. "Vers de « Nouvelles routes de la soie » durables ?," Working Paper 4004c1b4-7b36-46ae-8e8e-4, Agence française de développement.
    • Handle: RePEc:avg:wpaper:fr10419
    as

    Download full text from publisher

    File URL: https://www.afd.fr/sites/afd/files/2019-12-11-42-34/PP002-nov2019-Route%20soie-web.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Horn, Sebastian & Reinhart, Carmen M. & Trebesch, Christoph, 2021. "China's overseas lending," Journal of International Economics, Elsevier, vol. 133(C).
    2. David Dollar, 2018. "Is China’s Development Finance a Challenge to the International Order?," Asian Economic Policy Review, Japan Center for Economic Research, vol. 13(2), pages 283-298, July.
    3. Lee Buchheit & Chanda DeLong & Guillaume Chabert & Jeromin Zettlemeyer, 2019. "How to Restructure Sovereign Debt: Lessons from Four Decades," Working Paper Series WP19-8, Peterson Institute for International Economics.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Gatien Bon & Gong Cheng, 2021. "Understanding China's role in recent debt relief operations: A case study analysis," International Economics, CEPII research center, issue 166, pages 23-41.
    2. Gatien Bon & Gong Cheng, 2020. "China’s debt relief actions overseas and macroeconomic implications," EconomiX Working Papers 2020-27, University of Paris Nanterre, EconomiX.
    3. Courage Mlambo, 2022. "China in Africa: An Examination of the Impact of China’s Loans on Growth in Selected African States," Economies, MDPI, vol. 10(7), pages 1-27, June.
    4. Sebastian Horn & Carmen M. Reinhart & Christoph Trebesch, 2022. "Hidden Defaults," AEA Papers and Proceedings, American Economic Association, vol. 112, pages 531-535, May.
    5. Ye, Zhen & Zhang, Fangzhu & Coffman, D’Maris & Xia, Senmao & Wang, Zhifeng & Zhu, Zhonghua, 2022. "China’s urban construction investment bond: Contextualising a financial tool for local government," Land Use Policy, Elsevier, vol. 112(C).
    6. Alden, Christopher, 2020. "Understanding debt and diplomacy: China, 'debt traps' and development in the Global South," LSE Research Online Documents on Economics 110974, London School of Economics and Political Science, LSE Library.
    7. Broner, Fernando & Didier, Tatiana & Schmukler, Sergio L. & von Peter, Goetz, 2023. "Bilateral international investments: The big sur?," Journal of International Economics, Elsevier, vol. 145(C).
    8. Marson, Marta & Savin, Ivan, 2022. "Complementary or adverse? Comparing development results of official funding from China and traditional donors in Africa," Structural Change and Economic Dynamics, Elsevier, vol. 62(C), pages 189-206.
    9. Lema, Rasmus & Bhamidipati, Padmasai Lakshmi & Gregersen, Cecilia & Hansen, Ulrich Elmer & Kirchherr, Julian, 2021. "China’s investments in renewable energy in Africa: Creating co-benefits or just cashing-in?," World Development, Elsevier, vol. 141(C).
    10. Dähler, Timo, 2020. "Bias or ignorance? The politics and economics behind sovereign credit ratings," MPRA Paper 103965, University Library of Munich, Germany.
    11. M. Ayhan Kose & Peter Nagle & Franziska Ohnsorge & Naotaka Sugawara, 2021. "What has been the impact of COVID-19 on debt? Turning a wave into a tsunami," CAMA Working Papers 2021-99, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.
    12. Schclarek, Alfredo & Xu, Jiajun & Amuchastegui, Pedro, 2022. "Panda bond financing of the Belt and Road Initiative: An analysis of monetary mechanisms and financial risks," Research in International Business and Finance, Elsevier, vol. 61(C).
    13. Lukas Wellner & Axel Dreher & Andreas Fuchs & Bradley C. Parks & Austin M. Strange, 2022. "Can Aid Buy Foreign Public Support? Evidence from Chinese Development Finance," CESifo Working Paper Series 9646, CESifo.
    14. Isha Agarwal & Grace Weishi Gu & Eswar Prasad, 0. "The Determinants of China’s International Portfolio Equity Allocations," IMF Economic Review, Palgrave Macmillan;International Monetary Fund, vol. 0, pages 1-50.
    15. Kaya, Ayse & Kilby, Christopher & Kay, Jonathan, 2021. "Asian Infrastructure Investment Bank as an instrument for Chinese influence? Supplementary versus remedial multilateralism," World Development, Elsevier, vol. 145(C).
    16. Alberto Isgut, 2021. "Addressing sovereign debt challenges in the era of COVID-19 and beyond: the role of the United Nations," Asia-Pacific Sustainable Development Journal, United Nations Economic and Social Commission for Asia and the Pacific (ESCAP), vol. 28(2), pages 149-192, December.
    17. Springer, Cecilia Han, 2022. "China’s withdrawal from overseas coal in context," World Development Perspectives, Elsevier, vol. 25(C).
    18. Ethan Ilzetzki & Carmen M Reinhart & Kenneth S Rogoff, 2020. "Why is the euro punching below its weight?," Economic Policy, CEPR, CESifo, Sciences Po;CES;MSH, vol. 35(103), pages 405-460.
    19. Cerutti, Eugenio & Casanova, Catherine & Pradhan, Swapan-Kumar, 2023. "Banking across borders: Are Chinese banks different?," Journal of Banking & Finance, Elsevier, vol. 154(C).
    20. Kaaresvirta, Juuso & Laakkonen, Helinä, 2021. "China as an international creditor," BOFIT Policy Briefs 5/2021, Bank of Finland Institute for Emerging Economies (BOFIT).

    More about this item

    JEL classification:

    • Q - Agricultural and Natural Resource Economics; Environmental and Ecological Economics

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:avg:wpaper:fr10419. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AFD (email available below). General contact details of provider: https://edirc.repec.org/data/afdgvfr.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.