By Prof. Angang Hu, Dr. Guangyu Hu (eds.)
Loans from foreign monetary associations (IFI loans) to China have been a vital starting to China’s establishing to the skin international. This ebook represents the 1st finished learn performed in China to guage the general functionality of IFI guidance to China from 1981 to 2002. It analyzes the potency of overseas information in contributing to the chinese language economic system by means of investigating the particular implementation of the initiatives and their financial, monetary, social, ecological, and academic affects. It attracts on profitable cooperations among the chinese language govt and IFIs, analyzes significant classes in venture administration, and gives tips on tips on how to additional enhance foreign cooperations which are together necessary.
Angang Hu is the director of the guts for China reviews and a professor on the tuition of Public coverage and administration, Tsinghua collage. His learn paintings is spotted via chinese language management, and sometimes affects executive policies.
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Extra info for Achievement Evaluation of IFI Assistance Loans to China (1981–2002)
This shows that international development assistance cannot automatically or naturally stimulate the economic growth of recipient countries, unless these countries introduce economic reforms, adjust economic structures, open up to the outside world and practice good governance. Over the past more than 20 years, China’s per capita income has risen sharply; the number of poor population has been reduced markedly; and development capabilities have improved significantly. It has in fact become the fourth largest trading country and the second largest destination of foreign direct investment.
3. 2 Sample Evaluation (1) In general, the involvement of IFIs is not so satisfactory (Fig. 3). The number of highly successful projects accounted for less than 20%. Two-fifth of the projects show that the involvement performance of IFIs is poor. The three major indicators show that IFIs practically did not get involved in writing project proposal reports and feasibility studies. This led to a large scaled mid-term adjustment to respond to market changes and policy impact. 3 Grading of involvement of IFIs (2) In terms of regions, as shown in Fig.
We have divided the involvement of IFIs into different stages of the project cycle, including project proposal, preparations, preliminary evaluation and project implementation. Their involvement covers such areas as project proposal, feasibility studies, service provision, policy support and regulation of project operation. The services and support they provided during different stages are different. In the project proposal and preparation stage, their support and services include advancing their requirements, strategic objectives, project objectives and project operational methods, helping project implementation units set up corresponding systems and rules and providing them with experience of related projects for reference.
Achievement Evaluation of IFI Assistance Loans to China (1981–2002) by Prof. Angang Hu, Dr. Guangyu Hu (eds.)