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Beyond US Hegemony in International Development : The Contest for Influence at the World Bank by Jiajun Xu (2016, Hardcover)

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China's initiative to establish the Asian Infrastructure Investment Bank (AIIB), attracting membership from G7 countries against the vocal opposition of the United States, has been recognised as a significant moment in an ongoing hegemonic transition. This book examines how power transitions have played out in the World Bank over the last five decades, offering the first authentic account of the international diplomacy behind donor financing of the World Bank's International Development Association (IDA). Jiajun Xu decodes how the United States amplified its influence at the World Bank despite its flagging financial contributions to IDA. She further demonstrates that the widening influence-to-contribution disparity provoked other donors into taking 'exit/voice' measures, contesting the hegemon's legitimacy. A rising China initially decided to become an IDA donor, seeking influence from within. However, the entrenched hegemonic position of the United States in World Bank governance drove China to initiate the AIIB and New Development Bank, putting competitive pressures on the US-centred multilateral institutions to adapt.

Product Identifiers

Publisher
Cambridge University Press
ISBN-10
1107172845
ISBN-13
9781107172845
eBay Product ID (ePID)
227664176

Product Key Features

Author
Jiajun Xu
Publication Name
Beyond US Hegemony in International Development : the Contest for Influence at the World Bank
Format
Hardcover
Language
English
Publication Year
2016
Type
Textbook
Number of Pages
322 Pages

Dimensions

Item Length
9in
Item Height
0.7in
Item Width
6in
Item Weight
21.2 Oz

Additional Product Features

Lc Classification Number
Hg3881.5.W57x795
Reviews
'Dr Xu, a pioneer of research on Chinas role in global development finance, illuminates with in-depth empirical and institutional knowledge the changing power dynamics of multilateral development banking, a crucial step toward a new multipolar world order.' Helmut Reisen, University of Basel, Switzerland, head of ShiftingWealth and former Director of the Organisation for Economic Co-operation and Developemt Center
Table of Content
Introduction; 1. IDA burden-sharing: the unresolved puzzle; 2. Three power plays behind the politics of IDA burden-sharing; 3. IDA in the 1960s: hegemonic leadership amid bipolar geopolitics; 4. IDA in the 1970s: a turbulent era with accelerated burden-shifting; 5. IDA in the 1980s: the rise and retreat of the 'Reagan revolution'; 6. IDA in the 1990s: the struggle for power and fairness in a unipolar world; 7. IDA in the new millennium: leadership in transition?; 8. China's ascendancy: influence from within and impact from outside; Conclusion; Bibliography.
Copyright Date
2016
Target Audience
Scholarly & Professional
Topic
Development / Economic Development, Public Policy / Economic Policy
Lccn
2016-032385
Dewey Decimal
332.1532
Dewey Edition
23
Illustrated
Yes
Genre
Business & Economics, Political Science

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Beyond US Hegemony in International Development : The Contest for Influence at the World Bank by Jiajun Xu (2016, Hardcover)

About this product

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Additional Product Features

All listings for this product

item 1 Beyond US Hegemony in International Development: The Contest for Influence at th

item 2 BEYOND US HEGEMONY IN INTERNATIONAL DEVELOPMENT: THE By Jiajun Xu - Hardcover

item 3 Beyond US Hegemony in International Development: The Contest for Influence at

item 4 Beyond US Hegemony in International Development : The Contest for Influence a...

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