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Beyond Us Hegemony in International Development: The Contest for Influence at the World Bank Hardcover - 2016

by Jiajun Xu


From the publisher

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.

Details

  • Title Beyond Us Hegemony in International Development: The Contest for Influence at the World Bank
  • Author Jiajun Xu
  • Binding Hardcover
  • Edition First Edition
  • Pages 322
  • Volumes 1
  • Language ENG
  • Publisher Cambridge University Press
  • Date 2016-11-24
  • ISBN 9781107172845 / 1107172845
  • Weight 1.32 lbs (0.60 kg)
  • Dimensions 9 x 6 x 0.75 in (22.86 x 15.24 x 1.91 cm)
  • Library of Congress subjects Economic assistance, American, Economic development - International
  • Library of Congress Catalog Number 2016032385
  • Dewey Decimal Code 332.153
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Beyond US Hegemony in International Development: The Contest for Influence at the World Bank
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Beyond US Hegemony in International Development: The Contest for Influence at the World Bank

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Beyond Us Hegemony in International Development: The Contest for Influence at the World Bank
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Beyond US Hegemony in International Development: The Contest for Influence at the World Bank

Beyond US Hegemony in International Development: The Contest for Influence at the World Bank

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Hardback. New. This book is a study of China's increasing influence over the US hegemonic architecture of international financial institutions. It will be a valuable read for academics and scholars studying international financial institutions and US-China relations, and for policy-makers concerned with the inner workings of the World Bank and China's influence over international aid.
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Beyond US Hegemony in International Development: The Contest for Influence at the World Bank
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Beyond US Hegemony in International Development

by Jiajun Xu

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Beyond US Hegemony in International Development: The Contest for Influence at the World Bank

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