Beyond Bretton Woods: China and the changing landscape of international development finance

When:
October 4, 2018 – October 6, 2018 all-day Europe/Rome Timezone
2018-10-04T00:00:00+02:00
2018-10-07T00:00:00+02:00
Where:
Villa Schifanoia
Via Giovanni Boccaccio
121, 50133 Firenze FI
Italy
Contact:
Matthias Kindel

Executive Training Seminar, 4-6 October 2018

in collaboration with the TOChina Hub and the School of Transnational Governance 

 

Scientific Coordinators

Giovanni B. Andornino | University of Torino,  European University Institute and Torino World Affairs Institute

Giorgia Giovannetti | University of Florence and European University Institute

 

This Executive Training Seminar brings together officials and scholars from Europe and China who have been spearheading the operations of – and research on – the new institutions currently changing the landscape of international finance for development. It offers graduate students, young scholars and professionals an intimate setting that encourages informal interaction and facilitates access to senior officials.

Participants will be exposed to multiple perspectives on China’s ambitious endeavours in the realm of international institution-building, among the most consequential expressions of Beijing’s increasingly proactive foreign policy. The seminar will look especially at new finance for infrastructure, focussing on two multilateral banks initiated by China – the Asian Infrastructure Investment Bank (AIIB) and the New Development Bank -, and on one domestic financial instrument, the Silk Road Fund. These emerging players have been cast as complementary, rather than alternative, to the Bretton Woods institutions traditionally operating in this policy realm. However, while they have significantly contributed to the resource pool for investment in infrastructure across Eurasia, concerns have also been raised on their operations, including the role that China wants to play in (and through) them, and debt sustainability for poor recipients in the region.

Through a set of highly interactive sessions, this seminar will explore (1) what the rationale behind these new institutions is and how they work in practice, (2) how they are impacting on the existing institutional framework for development finance centred around the Asian Development Bank and the World Bank, (3) the extent to which they contribute to improving project origination, efficiency and sustainability, and (4) whether these new players are generating fresh investment opportunities for companies outside China, based on a level-playing field.

 

Final Programme

Applications closed

 

Speakers

Giovanni B. Andornino | University of Torino,  European University Institute and Torino World Affairs Institute
Gregory Chin | York University, Canada
Alberto Cogliati | Italian Ministry of the Economy and Asian Infrastructure Investment Bank, China
Camillo-Georg Freiherr von Müller | Federal Ministry of Finance, Germany
Giuseppe Gabusi | University of Torino and Torino World Affairs Institute
Wang Jianye | NYU Shanghai, former Executive Director, Silk Road Fund, China
Yu Zheng | City University of Hong Kong, Hong Kong

 

APPLICATIONS

Executive Training Seminars at the Academy of Global Governance are free of charge. Participants are expected, however, to bear the costs of their travel and accommodation themselves. In order to apply for participation, please fill in the application form before 16 September 2018.

For applicants from the LDCs (as defined by the United Nations) there is a limited number of merit-based scholarships available. Please include a motivation letter in your application. Deadline for scholarship requests: 2 September 2018.

 

BACK TO BACK

Kindly note that this Executive Training Seminar, offered by the Academy of Global Governance in collaboration with the Torino World Affairs Institute (T.wai), will be held back to back with three other ETS in the days around:

China’s global ambitions in the age of Xi Jinping: envisioning multiple scenarios (1-3 October 2018)

Harmony in diversity? India’s new role in the “one world family” (8-10 October 2018)

The resilience of Russia’s global outreach: challenges and opportunities (11-13 October 2018)

Should you be interested in attending more or even all of them, we will need you to apply separately, however. Deadline for all training courses of that period is 9 September 2018.