Deck 14: China and the Emerging Economies

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Question
What grouping of states best embodies the emerging economies in the twenty-first century?

A) NICs
B) EMNCs
C) BRICS
D) NAM
E) OECD
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Question
What is a key difference between the Western and Chinese models of development?

A) The Western model is rooted in its imperial past while the Chinese model is neo-colonial.
B) The Western model is focused on economic development while the Chinese model is geopolitical.
C) The Western model is tied to human rights while the Chinese model is tied to economic rights.
D) The Western model is aligned with the UNDR while the Chinese model is based on self-interest.
E) The Western model is both economic and ideological while the Chinese model is only economic.
Question
Which of the following is explicitly stated in China's 2011 White Paper on Foreign Aid?

A) Mandatory review of political impact of all development projects
B) China first policy
C) Close alignment with best practices as described by the UNDP
D) Ensuring no harm to at risk people
E) Imposing no political conditions
Question
Critics such as former Nigerian Central Bank Governor Lamido Sanusi view the relationship between China and African economies as which of the following?

A) Win-lose
B) One-sided
C) Zero-sum
D) Win-win
E) Lose-lose
Question
How did development under Chairman Mao differ from China's development policy today?

A) Contemporary policy is more equitable than under Chairman Mao.
B) Chairman Mao put ideology first versus the contemporary focus on economics.
C) Chairman Mao spent more time cultivating personal contacts than contemporary leaders.
D) Contemporary policy is more in line with global norms than that of Chairman Mao.
E) There is no significant change in policy.
Question
Which of the following is a Chinese move to indicate displeasure at a lack of reform in the global economic/political order?

A) The creation of the Asian Infrastructure Investment Bank
B) Boycotting the G7 summits
C) Creating the BRICS
D) Increased funding for the military
E) Decreased holding of Western currencies
Question
Which of the following are constituent elements of China's "One Belt, One Road" Initiative?

A) Silk Road Economic Belt and Maritime Silk Road
B) Maritime Silk Road and the Rice Belt
C) Spoke and hub economic model
D) Spoke and hub political model
E) From Africa to China and back
Question
Which of the following is a joint venture of the BRICS?

A) Asian Infrastructure Investment Bank
B) The Shanghai Cooperation Group
C) New Development Bank
D) The Non-Aligned Movement
E) The G20
Question
How did the US characterize the Asian Infrastructure Investment Bank at its inception?

A) A complementary body to the IFIs
B) A threat to the global economic order
C) A mistake by the Chinese state given their fiscal instability
D) A good investment opportunity for Western states
E) A soft-power tool of the Chinese state
Question
Beyond development finance, the Asian Infrastructure Investment Bank signifies ____________.

A) institutionalizing China's financial power globally
B) the first step towards financial transparency
C) a move towards mainstreaming Chinese foreign policy
D) a conciliatory gesture towards regional economies
E) a multilateral approach to Chinese foreign policy
Question
What role do BRICS members advocate for South-South cooperation?

A) As an alternative to North-South cooperation
B) As a parallel to North-North cooperation
C) As a rallying point for states in the Global South
D) As a supplement to North-South cooperation
E) As a challenge to Western ideological hegemony
Question
What is a key distinguishing feature that sets China apart from the other BRICS?

A) Its size in terms of population compared to the other four states.
B) Its claim to democratic credential is quite distinct from the other four states.
C) Its decision-making structure is more transparent than the other four states.
D) Its economic potential is greater than the other four states combined.
E) It is more politically stable than the other four states.
Question
At the second Belt and Road Forum in 2019, President Xi Jinping adopted policies that strengthened emphasis on _____________________.

A) multilateralism in terms of consultation, joint contribution, and shared benefits
B) open, clean, green cooperation
C) following the norms of international/participating countries and the ensuring fiscal sustainability
D) All of the above
E) None of the above
Question
Where was the first BRICS Summit held?

A) India
B) Russia
C) Brazil
D) China
E) South Africa
Question
The primary function of the New Development Bank is to _______________.

A) put Chinese foreign reserves into circulation
B) create a vehicle for developing states to divest themselves of IFI interference
C) open markets for the BRICS
D) establish a standing body opposed to IFI investment
E) invest in infrastructure in developing countries
Question
Politically, what is a core tenet of the BRICS?

A) Non-intervention in the domestic affairs of their partner states
B) An insistence on domestic stability as a condition of partnerships
C) A veto for each member in order to secure their respective national interests
D) A pledge to defend each member from outside interference
E) An agreement to remain neutral in third-party conflicts
Question
How does IBSA differ from the BRICS?

A) IBSA is a financial monitoring group within the BRICS.
B) IBSA prioritizes democracy and includes India, Brazil, and South Africa.
C) IBSA is a coordinating mechanism for the New Development Bank.
D) IBSA requires political conditionalities for development projects.
E) IBSA works with the IFIs whereas the BRICS are opposed to the IFIs.
Question
What is the relationship between the SDGs and the emerging economies, particularly the BRICS?

A) Symbiotic
B) Unclear given the lack of concrete positioning by the emerging economies
C) The BRICS represent a clear challenge to the Western domination represented by the SDGs
D) The SDGs are a via medium that provides a means of cooperation
E) The SDGs and BRICS are fundamentally incompatible
Question
How has China supported other countries during the COVID-19 emergency?

A) By aggressive vaccination campaigns
B) By sending personal protective equipment
C) By closing its borders on time
D) By sending experts epidemiologists
E) It has not sent any support
Question
Has China suspended debt payments to other countries during the COVID-19 pandemic?

A) No
B) Only to 25 countries
C) Only to countries in Asia
D) Yes, mainly to developing countries
E) Yes, but they did not do so until 2021
Question
How was Chinese aid during COVID-19 pandemic received?

A) Readily by all countries
B) It was denied by most countries
C) It was accepted by most countries
D) It was appreciated by not often accepted
E) With criticism
Question
How did the Chinese government respond to the international criticism against its international aid response during COVID-19?

A) With military interventions
B) With more aid
C) With rejection
D) With frustration
E) With shame
Question
To what extent is cooperation among BRICS growing?

A) From openness to distrust
B) From bilateralism to multilateralism
C) From multilateralism to bilateralism
D) From socialism to capitalism
E) From local to regional
Question
How are BRICS responding to the increased importance of international development?

A) By restructuring their international development bureaucracies collectively
B) With more bilateralism
C) By restructuring their international development agencies
D) By restructuring their international development bureaucracies individually
E) By restructuring their international development bureaucracies through multilateralism
Question
How have BRICS contributed to international development?

A) By providing much-needed investment
B) By providing much-needed bureaucracies
C) By competing against developing countries
D) By including only developed countries
E) By adopting World Bank policies
Question
How does the impact of BRICS countries compare to that of developed economies?

A) BRICS's impact is bigger than developed economies
B) BRICS's impact is limited to social issues
C) BRICS's impact is small but catching up to developed economies
D) BRICS's impact is small and not growing
E) BRICS's impact is bigger than developed economies but decreasing
Question
How is the principle of non-interference problematic?

A) It is not controversial at all
B) It creates conditionality for assistance
C) It is incompatible with international assistance
D) It is the major obstacle among BRICS members
E) It is controversial, especially with regards to claims of human rights violations
Question
What is the non-intervention principle?

A) An intervention in the domestic affairs of partners
B) A principle that has been left out among BRICS members
C) A principle of non-intervention in the domestic affairs among BRICS partners
D) A condition for not intervening in China's domestic affairs
E) A principle of non-intervention in the domestic affairs among BRICS and other developing countries that are their partners
Question
What is one of the main characteristics of the New Development Bank?

A) Bilateralism
B) Multilateralism operated by BRICS members
C) Multilateralism operated by the World Bank
D) Multilateralism operated by developing countries that are partners of BRICS
E) None of the above
Question
Where is the headquarter of the New Development Bank?

A) In China
B) In South Africa
C) In Peru
D) In Russia
E) In Mexico
Question
There is consensus on the role and significance of emerging economies.
Question
Critics argue China's core interest is in accessing raw materials and exporting its labour and goods.
Question
China published its first White Paper on Foreign Aid in 1991.
Question
China's current foreign and aid policy is sharply disconnected from its past.
Question
China's foreign aid policy is a unified structure within the State Council.
Question
The legitimacy of the Chinese state is dependent on ideological rigidity.
Question
The Silk Road Economic Belt links China through to Africa along the historical Silk Road.
Question
The Maritime Silk Road (MSR) is meant to complement the Silk Road Economic Belt (SREB).
Question
Though built upon the structure of existing multilateral development banks, the Asian Infrastructure Investment Bank provides mechanisms to allow a greater voice for regional and smaller members.
Question
The US argues that the Asian Infrastructure Investment Bank (AIIB) is a soft-power tool of China.
Question
The Asian Infrastructure Investment Bank (AIIB) accounts for 63 per cent of global GDP.
Question
The BRICS are united by a shared geography, history, culture, and value system.
Question
Of the BRICS, only China and India have increased development assistance despite slowing growth.
Question
The BRICS members state that the New Development Bank (NDB) is not intended to challenge or replace the IMF and the World Bank, though some observers see the NDB and the Contingent Reserve Arrangement as institutions that challenge these Western-dominated institutions.
Question
Voting rights in the New Development Bank are commensurate with capital investments.
Question
The BRICS believe that the term "foreign aid" has connotations of an unequal relationship.
Question
To date, the BRICS's role in development is on par with developed economies.
Question
The presence of the emerging economies is seen as integral to the delivery of the Sustainable Development Goals (SDGs).
Question
Key initiatives by South Korea are the Belt and Road Initiative (BRI) and establishment of the Asian Infrastructure Investment Bank (AIIB).
Question
The key initiatives of the Chinese government in terms of the BRI and the AIIB are not only economic and financial but also political.
Question
AIIB is China's most important and ambitious initiative.
Question
BRI is made up of both maritime and terrestrial infrastructure projects.
Question
By early 2020, 143 countries had signed up to the BRI, but Italy became the first G7 power to block it up.
Question
The Hambanota port has been profitable, despite feasibility studies that argued it would be unprofitable.
Question
Sri Lanka has become increasingly financially dependent on China due to the Hambanota port development project.
Question
Countries such as Pakistan, Malaysia, Bangladesh, and Maldives had sought to renegotiate, cancel, or scale-down BRI projects.
Question
The AIIB builds upon the structure of existing multilateral development banks.
Question
The open, transparent, and merit-based selection of the president and vice president of the AIIB provides new legal standards for multilateral development banks.
Question
The AIIB provides mechanisms to prevent a greater voice for regional and smaller members.
Question
The US has supported the creation of AIIB from the beginning.
Question
At the broadest level, what are the pros and cons to China as a development actor?
Question
What is meant by "foreign aid with Chinese characteristics"?
Question
Describe the methods China uses to build relationships with developing nations, particularly those in sub-Saharan Africa.
Question
How has China's role as a development actor been altered by the COVID-19 pandemic?
Question
What are some critiques of China's role as a development actor?
Question
How has China's understanding of "development" differed from many Western countries?
Question
How has Chinese development changed over time?
Question
What is China's "One Belt, One Road" initiative?
Question
Why is the Asian Infrastructure Investment Bank controversial?
Question
Define and describe triangular development cooperation.
Question
Define and describe the BRICS.
Question
What are the important differences between the BRICS members?
Question
What is the New Development Bank?
Question
How do the BRICS want to change the paradigm of development itself?
Question
How do the BRICS, as development actors, collectively contribute something new to the field?
Question
What do the BRICS want in regard to the International Financial Institutions?
Question
How has history influenced the form and function of the BRICS development aid?
Question
Give examples of how multilateralism is growing among BRICS.
Question
What is the importance of the principle of non-intervention among BRICS and how is it controversial?
Question
How do BRICS differ from traditional donors of foreign aid?
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Deck 14: China and the Emerging Economies
1
What grouping of states best embodies the emerging economies in the twenty-first century?

A) NICs
B) EMNCs
C) BRICS
D) NAM
E) OECD
C
2
What is a key difference between the Western and Chinese models of development?

A) The Western model is rooted in its imperial past while the Chinese model is neo-colonial.
B) The Western model is focused on economic development while the Chinese model is geopolitical.
C) The Western model is tied to human rights while the Chinese model is tied to economic rights.
D) The Western model is aligned with the UNDR while the Chinese model is based on self-interest.
E) The Western model is both economic and ideological while the Chinese model is only economic.
E
3
Which of the following is explicitly stated in China's 2011 White Paper on Foreign Aid?

A) Mandatory review of political impact of all development projects
B) China first policy
C) Close alignment with best practices as described by the UNDP
D) Ensuring no harm to at risk people
E) Imposing no political conditions
E
4
Critics such as former Nigerian Central Bank Governor Lamido Sanusi view the relationship between China and African economies as which of the following?

A) Win-lose
B) One-sided
C) Zero-sum
D) Win-win
E) Lose-lose
Unlock Deck
Unlock for access to all 87 flashcards in this deck.
Unlock Deck
k this deck
5
How did development under Chairman Mao differ from China's development policy today?

A) Contemporary policy is more equitable than under Chairman Mao.
B) Chairman Mao put ideology first versus the contemporary focus on economics.
C) Chairman Mao spent more time cultivating personal contacts than contemporary leaders.
D) Contemporary policy is more in line with global norms than that of Chairman Mao.
E) There is no significant change in policy.
Unlock Deck
Unlock for access to all 87 flashcards in this deck.
Unlock Deck
k this deck
6
Which of the following is a Chinese move to indicate displeasure at a lack of reform in the global economic/political order?

A) The creation of the Asian Infrastructure Investment Bank
B) Boycotting the G7 summits
C) Creating the BRICS
D) Increased funding for the military
E) Decreased holding of Western currencies
Unlock Deck
Unlock for access to all 87 flashcards in this deck.
Unlock Deck
k this deck
7
Which of the following are constituent elements of China's "One Belt, One Road" Initiative?

A) Silk Road Economic Belt and Maritime Silk Road
B) Maritime Silk Road and the Rice Belt
C) Spoke and hub economic model
D) Spoke and hub political model
E) From Africa to China and back
Unlock Deck
Unlock for access to all 87 flashcards in this deck.
Unlock Deck
k this deck
8
Which of the following is a joint venture of the BRICS?

A) Asian Infrastructure Investment Bank
B) The Shanghai Cooperation Group
C) New Development Bank
D) The Non-Aligned Movement
E) The G20
Unlock Deck
Unlock for access to all 87 flashcards in this deck.
Unlock Deck
k this deck
9
How did the US characterize the Asian Infrastructure Investment Bank at its inception?

A) A complementary body to the IFIs
B) A threat to the global economic order
C) A mistake by the Chinese state given their fiscal instability
D) A good investment opportunity for Western states
E) A soft-power tool of the Chinese state
Unlock Deck
Unlock for access to all 87 flashcards in this deck.
Unlock Deck
k this deck
10
Beyond development finance, the Asian Infrastructure Investment Bank signifies ____________.

A) institutionalizing China's financial power globally
B) the first step towards financial transparency
C) a move towards mainstreaming Chinese foreign policy
D) a conciliatory gesture towards regional economies
E) a multilateral approach to Chinese foreign policy
Unlock Deck
Unlock for access to all 87 flashcards in this deck.
Unlock Deck
k this deck
11
What role do BRICS members advocate for South-South cooperation?

A) As an alternative to North-South cooperation
B) As a parallel to North-North cooperation
C) As a rallying point for states in the Global South
D) As a supplement to North-South cooperation
E) As a challenge to Western ideological hegemony
Unlock Deck
Unlock for access to all 87 flashcards in this deck.
Unlock Deck
k this deck
12
What is a key distinguishing feature that sets China apart from the other BRICS?

A) Its size in terms of population compared to the other four states.
B) Its claim to democratic credential is quite distinct from the other four states.
C) Its decision-making structure is more transparent than the other four states.
D) Its economic potential is greater than the other four states combined.
E) It is more politically stable than the other four states.
Unlock Deck
Unlock for access to all 87 flashcards in this deck.
Unlock Deck
k this deck
13
At the second Belt and Road Forum in 2019, President Xi Jinping adopted policies that strengthened emphasis on _____________________.

A) multilateralism in terms of consultation, joint contribution, and shared benefits
B) open, clean, green cooperation
C) following the norms of international/participating countries and the ensuring fiscal sustainability
D) All of the above
E) None of the above
Unlock Deck
Unlock for access to all 87 flashcards in this deck.
Unlock Deck
k this deck
14
Where was the first BRICS Summit held?

A) India
B) Russia
C) Brazil
D) China
E) South Africa
Unlock Deck
Unlock for access to all 87 flashcards in this deck.
Unlock Deck
k this deck
15
The primary function of the New Development Bank is to _______________.

A) put Chinese foreign reserves into circulation
B) create a vehicle for developing states to divest themselves of IFI interference
C) open markets for the BRICS
D) establish a standing body opposed to IFI investment
E) invest in infrastructure in developing countries
Unlock Deck
Unlock for access to all 87 flashcards in this deck.
Unlock Deck
k this deck
16
Politically, what is a core tenet of the BRICS?

A) Non-intervention in the domestic affairs of their partner states
B) An insistence on domestic stability as a condition of partnerships
C) A veto for each member in order to secure their respective national interests
D) A pledge to defend each member from outside interference
E) An agreement to remain neutral in third-party conflicts
Unlock Deck
Unlock for access to all 87 flashcards in this deck.
Unlock Deck
k this deck
17
How does IBSA differ from the BRICS?

A) IBSA is a financial monitoring group within the BRICS.
B) IBSA prioritizes democracy and includes India, Brazil, and South Africa.
C) IBSA is a coordinating mechanism for the New Development Bank.
D) IBSA requires political conditionalities for development projects.
E) IBSA works with the IFIs whereas the BRICS are opposed to the IFIs.
Unlock Deck
Unlock for access to all 87 flashcards in this deck.
Unlock Deck
k this deck
18
What is the relationship between the SDGs and the emerging economies, particularly the BRICS?

A) Symbiotic
B) Unclear given the lack of concrete positioning by the emerging economies
C) The BRICS represent a clear challenge to the Western domination represented by the SDGs
D) The SDGs are a via medium that provides a means of cooperation
E) The SDGs and BRICS are fundamentally incompatible
Unlock Deck
Unlock for access to all 87 flashcards in this deck.
Unlock Deck
k this deck
19
How has China supported other countries during the COVID-19 emergency?

A) By aggressive vaccination campaigns
B) By sending personal protective equipment
C) By closing its borders on time
D) By sending experts epidemiologists
E) It has not sent any support
Unlock Deck
Unlock for access to all 87 flashcards in this deck.
Unlock Deck
k this deck
20
Has China suspended debt payments to other countries during the COVID-19 pandemic?

A) No
B) Only to 25 countries
C) Only to countries in Asia
D) Yes, mainly to developing countries
E) Yes, but they did not do so until 2021
Unlock Deck
Unlock for access to all 87 flashcards in this deck.
Unlock Deck
k this deck
21
How was Chinese aid during COVID-19 pandemic received?

A) Readily by all countries
B) It was denied by most countries
C) It was accepted by most countries
D) It was appreciated by not often accepted
E) With criticism
Unlock Deck
Unlock for access to all 87 flashcards in this deck.
Unlock Deck
k this deck
22
How did the Chinese government respond to the international criticism against its international aid response during COVID-19?

A) With military interventions
B) With more aid
C) With rejection
D) With frustration
E) With shame
Unlock Deck
Unlock for access to all 87 flashcards in this deck.
Unlock Deck
k this deck
23
To what extent is cooperation among BRICS growing?

A) From openness to distrust
B) From bilateralism to multilateralism
C) From multilateralism to bilateralism
D) From socialism to capitalism
E) From local to regional
Unlock Deck
Unlock for access to all 87 flashcards in this deck.
Unlock Deck
k this deck
24
How are BRICS responding to the increased importance of international development?

A) By restructuring their international development bureaucracies collectively
B) With more bilateralism
C) By restructuring their international development agencies
D) By restructuring their international development bureaucracies individually
E) By restructuring their international development bureaucracies through multilateralism
Unlock Deck
Unlock for access to all 87 flashcards in this deck.
Unlock Deck
k this deck
25
How have BRICS contributed to international development?

A) By providing much-needed investment
B) By providing much-needed bureaucracies
C) By competing against developing countries
D) By including only developed countries
E) By adopting World Bank policies
Unlock Deck
Unlock for access to all 87 flashcards in this deck.
Unlock Deck
k this deck
26
How does the impact of BRICS countries compare to that of developed economies?

A) BRICS's impact is bigger than developed economies
B) BRICS's impact is limited to social issues
C) BRICS's impact is small but catching up to developed economies
D) BRICS's impact is small and not growing
E) BRICS's impact is bigger than developed economies but decreasing
Unlock Deck
Unlock for access to all 87 flashcards in this deck.
Unlock Deck
k this deck
27
How is the principle of non-interference problematic?

A) It is not controversial at all
B) It creates conditionality for assistance
C) It is incompatible with international assistance
D) It is the major obstacle among BRICS members
E) It is controversial, especially with regards to claims of human rights violations
Unlock Deck
Unlock for access to all 87 flashcards in this deck.
Unlock Deck
k this deck
28
What is the non-intervention principle?

A) An intervention in the domestic affairs of partners
B) A principle that has been left out among BRICS members
C) A principle of non-intervention in the domestic affairs among BRICS partners
D) A condition for not intervening in China's domestic affairs
E) A principle of non-intervention in the domestic affairs among BRICS and other developing countries that are their partners
Unlock Deck
Unlock for access to all 87 flashcards in this deck.
Unlock Deck
k this deck
29
What is one of the main characteristics of the New Development Bank?

A) Bilateralism
B) Multilateralism operated by BRICS members
C) Multilateralism operated by the World Bank
D) Multilateralism operated by developing countries that are partners of BRICS
E) None of the above
Unlock Deck
Unlock for access to all 87 flashcards in this deck.
Unlock Deck
k this deck
30
Where is the headquarter of the New Development Bank?

A) In China
B) In South Africa
C) In Peru
D) In Russia
E) In Mexico
Unlock Deck
Unlock for access to all 87 flashcards in this deck.
Unlock Deck
k this deck
31
There is consensus on the role and significance of emerging economies.
Unlock Deck
Unlock for access to all 87 flashcards in this deck.
Unlock Deck
k this deck
32
Critics argue China's core interest is in accessing raw materials and exporting its labour and goods.
Unlock Deck
Unlock for access to all 87 flashcards in this deck.
Unlock Deck
k this deck
33
China published its first White Paper on Foreign Aid in 1991.
Unlock Deck
Unlock for access to all 87 flashcards in this deck.
Unlock Deck
k this deck
34
China's current foreign and aid policy is sharply disconnected from its past.
Unlock Deck
Unlock for access to all 87 flashcards in this deck.
Unlock Deck
k this deck
35
China's foreign aid policy is a unified structure within the State Council.
Unlock Deck
Unlock for access to all 87 flashcards in this deck.
Unlock Deck
k this deck
36
The legitimacy of the Chinese state is dependent on ideological rigidity.
Unlock Deck
Unlock for access to all 87 flashcards in this deck.
Unlock Deck
k this deck
37
The Silk Road Economic Belt links China through to Africa along the historical Silk Road.
Unlock Deck
Unlock for access to all 87 flashcards in this deck.
Unlock Deck
k this deck
38
The Maritime Silk Road (MSR) is meant to complement the Silk Road Economic Belt (SREB).
Unlock Deck
Unlock for access to all 87 flashcards in this deck.
Unlock Deck
k this deck
39
Though built upon the structure of existing multilateral development banks, the Asian Infrastructure Investment Bank provides mechanisms to allow a greater voice for regional and smaller members.
Unlock Deck
Unlock for access to all 87 flashcards in this deck.
Unlock Deck
k this deck
40
The US argues that the Asian Infrastructure Investment Bank (AIIB) is a soft-power tool of China.
Unlock Deck
Unlock for access to all 87 flashcards in this deck.
Unlock Deck
k this deck
41
The Asian Infrastructure Investment Bank (AIIB) accounts for 63 per cent of global GDP.
Unlock Deck
Unlock for access to all 87 flashcards in this deck.
Unlock Deck
k this deck
42
The BRICS are united by a shared geography, history, culture, and value system.
Unlock Deck
Unlock for access to all 87 flashcards in this deck.
Unlock Deck
k this deck
43
Of the BRICS, only China and India have increased development assistance despite slowing growth.
Unlock Deck
Unlock for access to all 87 flashcards in this deck.
Unlock Deck
k this deck
44
The BRICS members state that the New Development Bank (NDB) is not intended to challenge or replace the IMF and the World Bank, though some observers see the NDB and the Contingent Reserve Arrangement as institutions that challenge these Western-dominated institutions.
Unlock Deck
Unlock for access to all 87 flashcards in this deck.
Unlock Deck
k this deck
45
Voting rights in the New Development Bank are commensurate with capital investments.
Unlock Deck
Unlock for access to all 87 flashcards in this deck.
Unlock Deck
k this deck
46
The BRICS believe that the term "foreign aid" has connotations of an unequal relationship.
Unlock Deck
Unlock for access to all 87 flashcards in this deck.
Unlock Deck
k this deck
47
To date, the BRICS's role in development is on par with developed economies.
Unlock Deck
Unlock for access to all 87 flashcards in this deck.
Unlock Deck
k this deck
48
The presence of the emerging economies is seen as integral to the delivery of the Sustainable Development Goals (SDGs).
Unlock Deck
Unlock for access to all 87 flashcards in this deck.
Unlock Deck
k this deck
49
Key initiatives by South Korea are the Belt and Road Initiative (BRI) and establishment of the Asian Infrastructure Investment Bank (AIIB).
Unlock Deck
Unlock for access to all 87 flashcards in this deck.
Unlock Deck
k this deck
50
The key initiatives of the Chinese government in terms of the BRI and the AIIB are not only economic and financial but also political.
Unlock Deck
Unlock for access to all 87 flashcards in this deck.
Unlock Deck
k this deck
51
AIIB is China's most important and ambitious initiative.
Unlock Deck
Unlock for access to all 87 flashcards in this deck.
Unlock Deck
k this deck
52
BRI is made up of both maritime and terrestrial infrastructure projects.
Unlock Deck
Unlock for access to all 87 flashcards in this deck.
Unlock Deck
k this deck
53
By early 2020, 143 countries had signed up to the BRI, but Italy became the first G7 power to block it up.
Unlock Deck
Unlock for access to all 87 flashcards in this deck.
Unlock Deck
k this deck
54
The Hambanota port has been profitable, despite feasibility studies that argued it would be unprofitable.
Unlock Deck
Unlock for access to all 87 flashcards in this deck.
Unlock Deck
k this deck
55
Sri Lanka has become increasingly financially dependent on China due to the Hambanota port development project.
Unlock Deck
Unlock for access to all 87 flashcards in this deck.
Unlock Deck
k this deck
56
Countries such as Pakistan, Malaysia, Bangladesh, and Maldives had sought to renegotiate, cancel, or scale-down BRI projects.
Unlock Deck
Unlock for access to all 87 flashcards in this deck.
Unlock Deck
k this deck
57
The AIIB builds upon the structure of existing multilateral development banks.
Unlock Deck
Unlock for access to all 87 flashcards in this deck.
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58
The open, transparent, and merit-based selection of the president and vice president of the AIIB provides new legal standards for multilateral development banks.
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59
The AIIB provides mechanisms to prevent a greater voice for regional and smaller members.
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60
The US has supported the creation of AIIB from the beginning.
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61
At the broadest level, what are the pros and cons to China as a development actor?
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62
What is meant by "foreign aid with Chinese characteristics"?
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63
Describe the methods China uses to build relationships with developing nations, particularly those in sub-Saharan Africa.
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64
How has China's role as a development actor been altered by the COVID-19 pandemic?
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65
What are some critiques of China's role as a development actor?
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66
How has China's understanding of "development" differed from many Western countries?
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67
How has Chinese development changed over time?
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68
What is China's "One Belt, One Road" initiative?
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69
Why is the Asian Infrastructure Investment Bank controversial?
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70
Define and describe triangular development cooperation.
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71
Define and describe the BRICS.
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72
What are the important differences between the BRICS members?
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73
What is the New Development Bank?
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74
How do the BRICS want to change the paradigm of development itself?
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75
How do the BRICS, as development actors, collectively contribute something new to the field?
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76
What do the BRICS want in regard to the International Financial Institutions?
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77
How has history influenced the form and function of the BRICS development aid?
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78
Give examples of how multilateralism is growing among BRICS.
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79
What is the importance of the principle of non-intervention among BRICS and how is it controversial?
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80
How do BRICS differ from traditional donors of foreign aid?
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