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      • The Impact of China Foreign Aid on the Economic and Social Development of Guyana 2003-2018

        Abina Abiola Hinds 동덕여자대학교 한중미래연구소 2018 한중미래연구 Vol.11 No.-

        세계 경제에서 차지하는 중국의 위상이 커지면서 가이아나를 포함한 카리브해에 위치한 국가들에 대한 중국의 원조가 증가해왔다. 특히 가이 아나에 대한 중국의 교육 지원과 경제 협력이 두드러지면서 두 국가 간 관계가 강화되고 있다. 지난 46년 이상 지속된 가이아나와 중국의 관계를 살펴보면서 이 논문은 중국이 가이아나의 경제와 사회발전에 기여한 부분에 대한 고찰을 통해 카리브해 지역에 대한 중국의 접근 방식을 살펴보는 것을 목표로 하고 있다. Recently China has been solidifying ties with Caribbean countries. Being the second major economy in East Asia and the world, China has been able to provide foreign aid and investments to the Caribbean, including Guyana. Because of China’s and Guyana’s long standing relationship that includes diplomacy, trade and investment and people to people diplomacy, Guyana has been able to benefit greatly from aid to enhance its economic and social development. Many Guyanese students have benefited from studying in China and Guyanese businesses have benefited from having access to China’s emerging market. Through these initiatives, China not only have a growing presence in the Caribbean but Guyana specifically. This has resulted in China fostering a relationship in the Caribbean and Guyana based on mutual friendship, trust and cooperation. Both the Caribbean and Guyana are mutual beneficial partners from this relationship. Located geographically on South America’s north Atlantic coast and culturally and historically connected to the rest of the Caribbean, Guyana is a developing country. It’s the only English speaking nation-state in Latin America. With over 46 years of bilateral ties with the PRC, this research is aimed at examining this relationship. China has been making significant contributions to trade and investment in Guyana and as such it is important to explore how these projects have benefited Guyana and China mutually. Also, China has given aid in the areas of health, education, infrastructure, security and technology. Therefore it is useful to study the effects of these initiatives on Guyana’s social and economic development. This paper seeks to primarily identify the economic and social benefits of foreign aid from China to Guyana. In addition it looks at some of the sectors that have benefited from China aid in Guyana. Further, it will address how China scholarships have benefited the education sector in Guyana. Finally, it will address the issue of how China aid benefits emerging states in Latin America and the Caribbean.

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