China’s Multi-Front Institutional Strategies in International Development Finance

Abstract China has expressed its dissatisfaction with aspects of the international development finance regime for many years, related to issues such as lack voting power and an insufficient focus on infrastructure spending by traditional multilateral banks. To address these dissatisfactions, utilised a range approaches, from application pressure inside existing institutions, building outside in form using alternative institutions or creating new ones. But how combination timing different measures impacted success ultimately securing reforms? Applying insights institutional choice literature, we find that pursued both try secure objectives varying degrees success. Simply combining been however. In cases where exerted internal leverage prior utilising options, it most successful. We conclude sequencing approaches is under-appreciated factor determining dissatisfied states changes institutions.