讲座人：Stephen Kaplan，George Washington University

讲座时间：2025年12月10日上午10:30-12:00

讲座地点：北京大学国家发展研究院承泽园校区245教室

讲座题目：Banking on the State: The Competitive Advantage of State-Led Financing

内容简介：Under the banner of the Belt and Road Initiative, China uses its national development banks as a form of overseas industrial policy to capture new commercial markets internationally. This paper develops a new theory of global development finance, contending that China’s state-led financing has helped catalyze policymaking diffusion about the importance of state banking support for national firms.  Employing national development banks as our unit of analysis, we develop an original Development Finance Institution (DFI) Index that classifies three different types of state-led financial instruments: export credits, overseas development loans, and state-backed equity investments. We conduct a comparative case study analysis of the BICS economies, given their growing role in the international financial architecture. We find a generalized expansion of development finance institutions, but also a shift in DFI tool composition away from traditional export credits, and towards overseas development loans and equity investments over time.

主讲人简介：Stephen B. Kaplan is an Associate Professor of Political Science and International Affairs at George Washington University. Professor Kaplan's research and teaching interests focus on the frontiers of international and comparative political economy, where he specializes in the political economy of global finance and development, China's foreign investment in developing countries, the politics of macroeconomic policymaking, and Latin American political economy. In addition to writing two prize-winning books on financial globalization, Globalizing Patient Capital: The Political Economy of Chinese Finance in the Americas (Cambridge University Press, 2021) and Globalization and Austerity Politics in Latin America (Cambridge University Press, 2013), Professor Kaplan has also published articles in many top research journals, including the Journal of Politics, the Review of International Political Economy, the Latin American Research Review, Regulation and Governance, and World Development.

组织者：

（国家发展研究院 ）李力行、席天扬、徐化愚、于航、王轩、易君健、黄清扬

（经济学院）刘冲、吴群峰、曹光宇、年永威

（光华管理学院）张晓波、仇心诚