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[The rise of emerging powers as development assistance providers is an important shift in the international aid architecture in which they were largely considered as recipients of aid. This chapter brings out this transition by outlining their role as a development assistance provider of the Global South and delves into the reasons behind their burgeoning aid programmes. With their growing economic and political clout, emerging powers are using economic instruments like foreign aid to ensure their position in the global order that is going through major power shifts. Even when the emerging powers are not overtly challenging the established order, they are making inroads into a system that is established and maintained by the most powerful countries in international politics. While this shows their readiness to take more responsibility in the system, it also signifies their quest for a legitimate place in the evolving international system, which they are trying to achieve through the use of economic instruments.]
Published: Oct 25, 2020
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