IDEAS home Printed from https://ideas.repec.org/p/adl/wpaper/2026-03.html

Growth in the Shaded Sun: The Role of International Development Finance and Corruption

Author

Listed:
  • Chansik Yoon

    (Adelaide University)

Abstract

I study how developing-country governments decide the amount, sources, and sectoral allocation of development finance (DF) as China has emerged alongside traditional donors. Using project-level data from nearly 110 countries (2000–2021), I document systematic patterns in DF allocation across countries, sectors, and providers that vary with corruption and monitoring intensity. I develop a growth model in which governments allocate DF while choosing how much investment to divert under provider-specific monitoring and financing conditions. Calibrating the model to 108 countries shows heterogeneous welfare implications of Chinese DF: about 15% of countries gain while roughly 55% experience welfare losses.

Suggested Citation

  • Chansik Yoon, 2026. "Growth in the Shaded Sun: The Role of International Development Finance and Corruption," School of Economics and Public Policy Working Papers 2026-03 Classification-O4, University of Adelaide, School of Economics and Public Policy.
    • Handle: RePEc:adl:wpaper:2026-03
    as

    Download full text from publisher

    File URL: https://media.adelaide.edu.au/economics/papers/doc/wp2026-03.pdf
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    ;
    ;
    ;
    ;
    ;
    ;
    ;
    ;

    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:adl:wpaper:2026-03. 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.

    We have no bibliographic references for this item. You can help adding them by using 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: Qazi Haque (email available below). General contact details of provider: https://edirc.repec.org/data/decadau.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.