China Corrosive Capital in Tajikistan

To fight with corrosive capital will not be an easy task for a developing state like Tajikistan. It will have to improve the quality of institutions and ensure the rule of law, improve governance. It will be especially challenging when the sole donor of infrastructure investment is not the traditional donor who provides aid on conditionality of good governance reform.

In Tajikistan it’s necessary to scrutinize the BRI loan and credit projects to assess possible risks, governance and ecological impact and minimize corruption, these funds should be returned eventually. Public discussion about equality, justice, governance and equal business opportunities should be hold beneficial not only for Tajikistan future but for China’s BRI trust, image and legitimacy. More professional civil servants with mortal integrity are needed to fight against corrosive capital. Civil society activists need to strengthen their oversight on investment and aid implementation. Civil society in Tajikistan was significantly circumscribed. For building huge infrastructure objects, the country should have a greater regulation, transparency, law enforcement, integrity of elect officials and member of the parliament, and civic activism so collectively can overcome the negative externalities caused by adaptive governance approach promoted by China

Umedjon Majidi – Author of the blog series, Expert/Research Consultant, Civic IDEA

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