New Book on China, debt, and developing countries

[Bunte, Jonas]

Dear colleagues,

I have recently published a book that may be of interest to those studying China, debt, and the political economy of finance:

Raise the Debt: How developing Countries Choose Their Creditors

Jonas B. Bunte

Oxford University Press, 2019

ISBN: 9780190866174

Available for $20 with Coupon Code “ASFLYQ6”

https://global.oup.com/academic/product/raise-the-debt-9780190866174

About the book:

China has become an important creditor to developing countries. Its loans increasingly challenge the position of traditional lenders, such as the United States or the IMF. In Raise the Debt, Jonas B. Bunte systematically explains how governments choose among competing loan offers. Using statistical analyses and extensive interview data, he shows that the strings attached to loans vary across creditors. Consequently, one domestic interest group may benefit from Chinese credit but not U.S. loans, while the opposite is the case for other groups. Bunte provides evidence that governments cater to whichever domestic interest group is politically dominant when deciding between competing loan offers.

Notes:

- A summary of the argument is available here.

- For those attending the Annual Meeting APSA, in Washington, DC this week, you are invited to an “Author-meets-Critics” roundtable. Ken Scheve (Stanford), Jim Vreeland (Princeton), Layna Mosley (UNC), and Sarah Brooks (Ohio State) will be discussing the book. The panel will be held Thursday, August 29, 2:00pm - 3:30pm in the Omni Diplomat Ballroom.

Best wishes,

Jonas

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Jonas B. Bunte
University of Texas at Dallas
http://www.utdallas.edu/~bunte/