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The foreign aid provided by China comes with few strings attached, allowing leaders of recipient countries to use it for domestic political purposes. But according to a new CEPR study by Axel Dreher, Andreas Fuchs, Roland Hodler, Brad Parks, Paul Raschky and Michael Tierney, despite Chinese favouritism towards the birth regions of national leaders, the effectiveness of the aid is not reduced. Contrary to conventional wisdom, local receipt of Chinese aid does not undermine economic development outcomes at either the district or provincial level.

Weekly research highlights from CEPR and VoxEU.org

Congratulations to Stelios Michaopoulos, CEPR Fellow in the Macroeconomics and Growth programme area, who has won a 2019 Bodossaki Foundation Scientific Prize.

CEPR Discussion Papers 07 July 2019: Twelve new Discussion Papers

Congratulations to CEPR Researcher Julia Cagé, who has been awarded the 2019 Prix Pétrarque de l’Essai France Culture – Le Monde for her book 'Le Prix de la démocratie'

Weekly research highlights from CEPR and VoxEU.org

This report brings together contributions from leading women policymakers and thought leaders from across the world on how to shape our economies. The essays and observations show women analysing the challenges confronting economic governance and formulating concrete proposals for how to navigate this period of turbulence.  Foreword by Angela Merkel and contributions from Christine LagardeCecilia Malmström, Beatrice Weder di Mauro, Mia Amor Mottely and many others

CEPR Discussion Papers 30 June 2019: Twelve new Discussion Papers

In June €-coin started to decline again (to 0.14 from 0.20 in May), reaching the lowest level recorded since December 2014.

The third economist to be profiled in the new CEPR/UBS 'Women in Economics' series is CEPR fellow Lucrezia Reichlin