英文摘要 |
In this paper, we used the panel data vector autoregression model (PVAR) to est motivation and effectiveness of the U.S. and China's foreign aid (FA) in Africa. Empirical results show similarities in the great power's foreign aid: the purpose of both great power's FA is not based on international moral considerations. However there are also major differences between these two great power's FA. Chinese FA is based on real interests and mainly aims to ensure safety of its outward foreign direct investment (OFDI) . The U.S., on the contrary, focuses more on non-traditional security issues after the Cold War. In other words, the U.S. FA emphasizes on comprehensive interests. Differences in motivation and effectiveness between China and U.S. FA arises from the government's awareness of its own status in the international power system. |