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1. The impact on developing economies of WTO dissolution

Author:
Lloyd Barton
Publication Date:
07-2025
Content Type:
Special Report
Institution:
Oxford Economics
Abstract:
This report revisits the analysis presented in our April 2024 paper on the potential impact of WTO dissolution, drilling down to quantify national-level impacts for a sample of ten developing economies. Our previous report (The economic impact of abandoning the WTO) focused on presenting aggregated results for developing countries by region and income level. This report drills down to quantify impacts for a sample of ten individual countries: Brazil, Cameroon, China, Egypt, Guatemala, Indonesia, India, South Africa, Turkey, and Vietnam. These countries provide a rich, varied sample that captures the complexity of trade policy in the developing world. Their diversity in geography, economic size, policy orientation, and development stage allows for a nuanced analysis of how WTO dissolution could potentially influence pathways to higher incomes, poverty reduction and economic resilience. Our analysis reinforces the importance of ensuring the WTO can adapt to new trade realities and continue to function as an effective global trade body.
Topic:
Economics, Poverty, Trade, Economic Development, and WTO
Political Geography:
China, Indonesia, Turkey, India, South Africa, Brazil, Vietnam, Egypt, Guatemala, and Cameroon

2. Hedging bets: Southeast Asia’s approach to China’s aid

Author:
Alexandre Dayant and Grace Stanhope
Publication Date:
03-2025
Content Type:
Commentary and Analysis
Institution:
Lowy Institute for International Policy
Abstract:
Southeast Asian states with acute development needs and constrained access to development financing — Cambodia, Laos, and Myanmar — are the most reliant on China. By contrast, lower-middle income countries with more diversified foreign relations — the Philippines and Vietnam — have become far more restrained in accepting Chinese largesse over the last decade. Upper-middle income countries with only moderate development needs — Indonesia, Malaysia, and Thailand — appear to be playing the field of development partners the most opportunistically and politically. Amid weakening demand for Chinese development financing in Southeast Asia, Beijing is recalibrating its offering, transitioning to fewer, smaller, and more targeted projects. In 2022, China implemented $3 billion in development financing in the region, a sharp drop from more than $9 billion in 2015. However, Southeast Asia’s success in reshaping their development ties with China could be undone if Western cuts to development budgets lead to a drastic reduction in financing to the region.
Topic:
Foreign Policy, Foreign Aid, and Economic Development
Political Geography:
China, Vietnam, Philippines, Cambodia, Southeast Asia, Laos, and Myanmar

3. Revitalizing U.S. Trade Remedy Tools for an Era of Industrial Policy in an Interconnected World

Author:
Ryan Mulholland
Publication Date:
06-2024
Content Type:
Special Report
Institution:
Center for American Progress - CAP
Abstract:
To implement an effective industrial policy, the United States needs to update its trade enforcement toolkit to meet the challenges of the modern world and utilize its existing trade authorities differently.
Topic:
Industrial Policy, International Trade and Finance, Economy, and Economic Development
Political Geography:
China and United States of America

4. Securitization of China Pakistan Economic Corridor Amid India China Rivalry

Author:
Muhammad Babar and Muhammad Umar
Publication Date:
01-2024
Content Type:
Journal Article
Journal:
South Asian Studies
Institution:
Department of Political Science, University of the Punjab
Abstract:
China Pakistan economic corridor (CPEC) is the flagship project of the Belt and Road initiative (BRI). The project has been considered the guarantor of Pakistan‟s economic development and has the potential to significantly improve the Pakistan gross domestic product and to transform Pakistan economy from import driven to export driven. Since the project has been under various impediments particularly in the domain of security, there have been several attacks on the Chinese personal working on the projects and its installations, majorly prompted by the Indian backed proxies and non-state actors in Pakistan. The Potential threats to the success of CPEC have been enhanced due the growing and intensifying India china rivalry. The securitization of the CPEC from all potential threats is a matter of national interest and ensuring national and economic security. This paper highlights the importance of CPEC for Pakistan‟s economy, potentials threats to the CPEC emanating from the Indian backed-proxies, discuss security measures taken to address these concerns and suggests a strategic path forward for the project securitization.
Topic:
Bilateral Relations, Non State Actors, Borders, Belt and Road Initiative (BRI), Exports, Economic Development, Rivalry, Securitization, and Proxy Groups
Political Geography:
China, South Asia, India, and Asia

5. China-Pakistan Economic Corridor: Socio-Cultural and Political Implications for Pakistan Amid Covid19 and the Way Forward

Author:
Mubeen Adnan and Reema Murad
Publication Date:
07-2023
Content Type:
Journal Article
Journal:
Journal of Political Studies
Institution:
Department of Political Science, University of the Punjab
Abstract:
Through the ‘game changer’ project of China Pakistan Economic Corridor, China is aiming to stabilize its western part by promoting investment and economic development in its neighbour to the West, Pakistan, which will lead to a boost in the Pakistani economy through investments in infrastructure and construction of gas and oil pipeline. There is also the aim of reducing extremism in the Xinjiang region. However, there are several social, cultural and political changes that the project has the potential to bring about in Pakistan. This research work has made an attempt to understand the variousimplications of the China Pakistan Economic Corridor on Pakistan as well as how the COVID-19 pandemic impacted CPEC and the path ahead as the world slowly transitions out of COVID-19. This research paper has used secondary sources in order to answer these pertinent topics. Major opportunities which Pakistan and China have gained through this ChinaPakistan economic Corridor as well as some challenges are also discussed.
Topic:
Economics, Bilateral Relations, Investment, Economic Development, COVID-19, and Opportunity
Political Geography:
Pakistan, China, South Asia, and Asia

6. Latin America and China's Belt and Road Initiative: Challenges and Proposals from a Latin American Perspective

Author:
Victor Ramiro Fernandez, Juliana González Jáuregui, and Gabriel Esteban Merino
Publication Date:
06-2023
Content Type:
Journal Article
Journal:
AUSTRAL: Brazilian Journal of Strategy International Relations
Institution:
Postgraduate Program in International Strategic Studies, Universidade Federal do Rio Grande do Sul
Abstract:
Despite the divergent perspectives that address the presence of China in the Global South through the Belt and Road Initiative, scarce approaches identify how Latin America could face that challenge to reverse its historical dependency and promote economic development. We address this question by recovering and updating structuralist, dependentist, and autonomist contributions developed in Latin America combined with an arrighiean version of the world system. We compare the Latin American and Chinese trajectories regarding regional integration, productive and technological constitutions, spatial asymmetries, and state capacities. Finally, we propose how to forge a relationship with China that enhances Latin American autonomy.
Topic:
Development, Infrastructure, Regional Integration, Belt and Road Initiative (BRI), Economic Development, and Autonomy
Political Geography:
China and Latin America

7. How Malaysian Politics Shaped Chinese Real Estate Deals and Economic Development

Author:
Guanie Lim
Publication Date:
06-2022
Content Type:
Working Paper
Institution:
Carnegie Endowment for International Peace
Abstract:
Iskandar Malaysia is the oldest and by far the most prominent economic corridor in Malaysia. Located in the southernmost state of Johor, the corridor came to host several real estate developments (such as Princess Cove and Forest City) involving multinational corporations (MNCs) from China almost immediately after the Belt and Road Initiative (BRI) was launched in 2013. On one level, the infrastructure-spending spree associated with the BRI helped boost Malaysia’s economy as Chinese real estate MNCs invested in Iskandar Malaysia to grow their overseas portfolios. However, their involvement in the corridor disrupted the existing dynamics between Malaysia’s central and local governments. Although these Chinese projects offered an opening for Johor’s state government to counter Putrajaya’s dominance in the economic corridor, some swiftly became a magnet for divisive electoral campaigning and voter anger. Combined with several socioeconomic issues, the discontent generated by these Chinese real estate projects contributed to the unexpected defeat of the long-ruling United Malays National Organization (UMNO) in Malaysia’s May 2018 general election. Chinese real estate MNCs have sought to adapt to these shifting dynamics, yet it is uncertain to what degree their adaptive strategies will bear fruit amid a looming real estate crisis back in China and other related issues. Ultimately, Chinese real estate investment has been both a tool and an enabler of efforts undertaken by various Malaysian stakeholders, rather than the all-powerful China-imposed juggernaut that some commentators on Malaysia’s development over the last two decades have tended to see. Despite the allure of lucrative real estate deals, it is equally important to recognize the potential pitfalls when local politics go awry. Events in Iskandar Malaysia demonstrate that it is politically unsustainable to push real estate projects that are too expensive for most local residents to afford.
Topic:
Politics, Entrepreneurship, Risk, Economic Development, and Real Estate
Political Geography:
China, Malaysia, and Asia

8. China's New Trade Strategy amid US-China Confrontation and Implications

Author:
Sang Baek Hyun, Wonho Yeon, Suyeob Na, Young Sun Kim, and Yunmi Oh
Publication Date:
03-2022
Content Type:
Policy Brief
Institution:
Korea Institute for International Economic Policy (KIEP)
Abstract:
In 2021, China has reached the point of entering a new stage of socialist development by declaring the achievement of the goal of building ‘a comprehensive well-off society’. Since the reform and opening up of China, the paradigm of economic and social development is facing the greatest turning point from ‘getting rich first’ to ‘common prosperity’. As the US checks on China intensify during this period of economic transition in China, China is pursuing a new trade strategy to respond to it. In order to understand the changes in the global trade environment in the era of the US-China conflict, it is necessary to understand both the US checks with China and China's trade strategy to respond to them. Most of the recent US-China conflicts are analyzed from the perspective of the US checking in with China, but it is necessary to take a balanced look at what kind of countermeasures China is seeking in order to correctly forecast and prepare for changes in the global trade environment in the future.
Topic:
Foreign Policy, Global Markets, Trade, and Economic Development
Political Geography:
China, Asia, North America, and United States of America

9. Restoring Civic Trust in the Post-Pandemic Era: What makes citizens trust governments?

Author:
Sarah Cliffe and Paul von Chamier
Publication Date:
05-2021
Content Type:
Commentary and Analysis
Institution:
Center on International Cooperation (CIC)
Abstract:
We are still engaged in a race against time of increasing urgency, not only in terms of flattening the pandemic curve in situations such as those India and many Latin American countries face, but also in restoring trust that government and international institutions can act, and act successfully, in face of 21st century crises. We are seeing both deeply negative and truly positive developments. Many parts of the world enter the depths of the third wave of the pandemic, with record highs in new daily infections, and in human suffering behind the numbers. Yet at the same time there is positive news: on medical innovation, on international liquidity, on tax cooperation, and on climate. The question is which will win out: can positive progress move fast enough to counteract the trust crisis? In 2020, CIC published a number of pieces on trust in high-, middle- and low-income countries and in international organizations. Last summer, trust in government had in many parts of the world increased: we made the argument that people were faced with a brutal reminder of what governments are for and hence had turned back to the state, but also warned that trust bubbles in crises often evaporate within a year if people do not see sustained and credible action. This analysis from the CIC team looks at what empirical research says about why trust matters for many different forms of political, social, and economic development—and why we should take declining trust seriously. The team also takes a look at what we know about the determinants of trust, in particular corruption, inequality, and history. Lastly, this analysis discusses the different policy options to restore and nurture trust.
Topic:
Security, Governance, Reform, Multilateralism, Economic Development, and COVID-19
Political Geography:
China, Asia, North America, and United States of America

10. ‘A careful foot can step anywhere’: The UAE and China in the Horn of Africa: Implications for EU engagement

Author:
Jos Meester and Guido Lanfranchi
Publication Date:
06-2021
Content Type:
Policy Brief
Institution:
Clingendael Netherlands Institute of International Relations
Abstract:
Over the last decade, the UAE and China have vastly expanded their economic, political and military footprint in the Horn of Africa, and their actions now have the potential to shape developments in the region. Room for cooperation between Abu Dhabi and Beijing exists on issues such as maritime security, regional stability, and economic development. Moreover, the two countries’ interaction could lead to improvements in the Horn’s underdeveloped infrastructure by triggering a race to investment. Yet, development and stability in the region might suffer if the strategic interests of external players take precedence over local ones, or if local elites (mis)use external support for narrow domestic political calculations. The EU and its member states have high stakes in the Horn’s stability. To optimise their engagement, European policymakers should be aware of the implications of the Emirati and Chinese presence, and they should strive to improve cooperation among the wide range of external players active in the Horn.
Topic:
Economics, International Cooperation, Politics, Military Affairs, Economic Development, and Economic Stability
Political Geography:
Africa, China, Asia, and Horn of Africa