Download or read book Africa s Rising Commodity Export Dependency on China written by Alicia García-Herrero and published by . This book was released on 2016 with total page 23 pages. Available in PDF, EPUB and Kindle. Book excerpt: China has gone from being a supporter of fringe Maoist regimes in the 1960s to providing more financial assistance to the region than the World Bank (Cheng, 2015). But the idea that China would be crucial to African development is neither new nor accidental. In fact, Chinese policymakers have been aware of this notion for quite some time. China's Ya-Fei-La Strategy, literally meaning “Asia-Africa-Latin America”, was conceived during the Maoist era in the 1960s (Myers, 2012) in an attempt to promote the advancement of developing country goals in a new world order. Since then, China has played an active role in promoting South-South cooperation, being Africa-China cooperation an important part of that equation.
Download or read book Africa s Rising Exposure to China written by Mr.Paulo Drummond and published by International Monetary Fund. This book was released on 2013-12-17 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt: The rapid growth in China’s domestic investment in recent decades has generated a large appetite for global goods, including from sub-Saharan Africa (SSA). This paper estimates the impact of changes in China’s investment growth on SSA’s exports. Although rising trading links with China have allowed African countries to diversify their export base across countries, away from advanced economies, they have also led SSA countries to become more susceptible to spillovers from China. Based on panel data analysis, a 1 percentage point increase (decline) in China’s domestic investment growth is associated with an average 0.6 percentage point increase (decline) in SSA countries’ export growth. This impact is larger for resource-rich countries, especially oil exporters. These effects could be mitigated, however, to the extent that countries can reorient their exports.
Download or read book Development Centre Studies The Rise of China and India What s in it for Africa written by Goldstein Andrea and published by OECD Publishing. This book was released on 2006-05-12 with total page 155 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book demonstrates how the growing economic power of China and India is already influencing the growth patterns of African countries, particularly oil- and commodities-exporting ones.
Download or read book A Rebalancing Act for China and Africa written by Mr.Roger Nord and published by International Monetary Fund. This book was released on 2017-04-07 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: How does China’s new growth model affect sub-Saharan Africa? To address this question, this paper first looks at the growing ties between China and Africa; attempts to estimate more precisely the impact on growth through the trade channel; and finally draws some policy implications regarding whether this means an end of the Africa Rising narrative or merely the beginning of a new chapter.
Download or read book China in Africa written by Arthur Waldron and published by . This book was released on 2008 with total page 150 pages. Available in PDF, EPUB and Kindle. Book excerpt: Beginning in earnest at the turn of the twenty-first century, China embarked on a robust multilevel engagement strategy with a number of African states on three simultaneous fronts--economic, political, and military. The push was predicated by Beijing's need to secure energy and natural resources to fuel its booming economy and bolster its position as the world's manufacturing hub. The depth of China's engagement cannot be understated, and its increasing stakes in the security dimension of Africa's myriad conflicts is affecting the geopolitical landscape of a continent that has been in the past an exclusive domain of the West. C hina in Africa examines the multifaceted effects of China's engagement with the continent, both its many risks and opportunities. It provides critical and relevant information for understanding the strategic drivers, trends, and the potential impact of China in Africa. The book covers Chinese soft and hard power, energy and arms relations, and China's relations with individual African countries: Angola, Djibouti, Egypt, Eritrea, Ethiopia, Nigeria, Somalia, Sudan, Zambia, and Zimbabwe. Ultimately, this volume serves to assist in improving U.S. policymakers' understanding of China's role in Africa and ensure that appropriate measures are taken to secure American interests in the region. Contributors include Mauro De Lorenzo (American Enterprise Institute), Drew Thompson (Nixon Center), Wenran Jiang (University of Alberta), Paul Hare (U.S.-Angola Chamber of Commerce), Susan M. Puska (Defense Group, Inc.), Ian Taylor (University of St. Andrews), Chris Zambelis (Helios Global, Inc.), David Shinn (GeorgeWashington University), Joshua Eisenman (American Foreign Policy Council), Yitzhak Shichor (University of Haifa), Greg Mills and Christopher Thompson (Brenthurst Foundation), Andrew McGregor (Aberfoyle International), and John C. K. Daly (United Press International).
Download or read book The Rise of China and India in Africa written by Fantu Cheru and published by Zed Books Ltd.. This book was released on 2010-03-11 with total page 300 pages. Available in PDF, EPUB and Kindle. Book excerpt: In recent years, China and India have become the most important economic partners of Africa and their footprints are growing by leaps and bounds, transforming Africa's international relations in a dramatic way. Although the overall impact of China and India's engagement in Africa has been positive in the short-term, partly as a result of higher returns from commodity exports fuelled by excessive demands from both countries, little research exists on the actual impact of China and India's growing involvement on Africa's economic transformation. This book examines in detail the opportunities and challenges posed by the increasing presence of China and India in Africa, and proposes critical interventions that African governments must undertake in order to negotiate with China and India from a stronger and more informed platform.
Download or read book China and Africa written by Richard Schiere and published by . This book was released on 2011 with total page 160 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Africa s Silk Road written by Harry G. Broadman and published by World Bank Publications. This book was released on 2006-11-08 with total page 422 pages. Available in PDF, EPUB and Kindle. Book excerpt: China and India's new-found interest in trade and investment with Africa - home to 300 million of the globe's poorest people and the world's most formidable development challenge - presents a significant opportunity for growth and integration of theSub-Saharan continent into the global economy. Africa's Silk Road finds that China and India's South-South commerce with Africa isabout far more than natural resources, opening the way for Africato become a processor of commodities and a competitive supplier of goods and services to these countries - a major departure from its long established relations with the North. A growing number of Chinese and Indian businesses active in Africa operate on a global scale, work with world-class technologies, produce products and services according to the most demanding standards, and foster the integration of African businesses into advanced markets.There are significant imbalances, however, in these emerging commercial relationships. These can be addressed through a series of reforms in all countries: 'At-the-border' reforms, such as elimination of China and India's escalating tariffs on Africa's leading exports, and elimination ofAfrica's tariffs on certain inputs that make exports uncompetitive 'Behind-the-border' reforms in Africa, to unleash competitive market forces and strengthen its basic market institutions 'Between-the-border' improvements in trade facilitation mechanisms to decrease transactions costs Reforms that leverage linkages between investment and trade, toallow African businesses to participate in global productionnetworks that investments by Chinese and Indian firms can generate.
Download or read book Routledge Handbook of Africa Asia Relations written by Pedro Amakasu Raposo and published by Routledge. This book was released on 2017-10-30 with total page 484 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Routledge Handbook of Africa–Asia Relations is the first handbook aimed at studying the interactions between countries across Africa and Asia in a multi-disciplinary and comprehensive way. Providing a balanced discussion of historical and on-going processes which have both shaped and changed intercontinental relations over time, contributors take a thematic approach to examine the ways in which we can conceptualise these two very different, yet inextricably linked areas of the world. Using comparative examples throughout, the chronological sections cover: • Early colonialist contacts between Africa and Asia; • Modern Asia–Africa interactions through diplomacy, political networks and societal connections; • Africa–Asia contemporary relations, including increasing economic, security and environmental cooperation. This handbook grapples with major intellectual questions, defines current research, and projects future agendas of investigation in the field. As such, it will be of great interest to students of African and Asian Politics, as well as researchers and policymakers interested in Asian and African Studies.
Download or read book Why Has Africa Become a Net Food Importer written by Manitra A. Rakotoarisoa and published by John Donald. This book was released on 2011 with total page 85 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book How China Is Reshaping the Global Economy written by Rhys Jenkins and published by Oxford University Press. This book was released on 2022 with total page 465 pages. Available in PDF, EPUB and Kindle. Book excerpt: China's growing economic involvement in Sub-Saharan Africa and Latin America has been a source of major controversy. The official Chinese position maintains that the growth of bilateral relations is of mutual benefit and provides a good example of South-South cooperation. Critics on the other hand see the economic relations between China and other developing countries as highly unequal with most of the benefits accruing to China and a few local elites. They also point to negative socio-economic, political, and environmental consequences. How China is Reshaping the Global Economy: Development Impacts in Africa and Latin-America throws more light on these controversies through a comparative study of China's impact on the two regions. It looks not just at bilateral relations between China and the two regions but also analyses the changes in the global economy brought about as a result of the shift in economic activity from North America and Western Europe to Asia. This book looks at the factors which led to rapid economic growth in China and the way in which this has affected global manufacturing, commodity markets, the international presence of Chinese companies, and financial glows. It examines the different forms of Chinese economic involvement in Sub-Saharan Africa and Latin America, the main drivers, and economic, social, political, and environmental consequences. It ends with a comparison of the two regions that highlights the importance of different histories and political and institutional contexts in determining the impacts of China. Since the first edition of How China is Reshaping the Global Economy: Development Impacts in Africa and Latin-America, China's role in the global economy has continued to expand and the Chinese government's foreign policy has become more assertive. The global presence of China has been marked by the expansion of the Belt and Road Initiative to almost 150 countries and the trade-war between the US and China, as well as increased Western concerns over the activities of major Chinese companies such as Huawei. This new edition documents these changes and their implications for SSA and LAC.
Download or read book World Investment Report 2018 written by United Nations Publications and published by . This book was released on 2018 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: "The World Investment Report 2018 provides analysis of the interaction between new industrial policies and investment policies. It provides an overview of industrial policy models - based on an inventory of industrial policies adopted by more than 100 countries over the last decade - and the role of investment policies within each model. The Report illustrates how investment policy instruments are used differently across various models and suggests ways to improve the impact of industrial policy through more effective and efficient investment policies. Finally, the Report offers recommendations to update existing investment policy instruments, including investment incentives, special economic zones, investment facilitation and foreign investment screening mechanisms."--Provided by publisher.
Download or read book China s Second Continent written by Howard W. French and published by Vintage. This book was released on 2015-02-03 with total page 306 pages. Available in PDF, EPUB and Kindle. Book excerpt: A New York Times Notable Book Chinese immigrants of the recent past and unfolding twenty-first century are in search of the African dream. So explains indefatigable traveler Howard W. French, prize-winning investigative journalist and former New York Times bureau chief in Africa and China, in the definitive account of this seismic geopolitical development. China’s burgeoning presence in Africa is already shaping, and reshaping, the future of millions of people. From Liberia to Senegal to Mozambique, in creaky trucks and by back roads, French introduces us to the characters who make up China’s dogged emigrant population: entrepreneurs singlehandedly reshaping African infrastructure, and less-lucky migrants barely scraping by but still convinced of Africa’s opportunities. French’s acute observations offer illuminating insight into the most pressing unknowns of modern Sino-African relations: Why China is making these cultural and economic incursions into the continent; what Africa’s role is in this equation; and what the ramifications for both parties and their people—and the watching world—will be in the foreseeable future. One of the Best Books of the Year at • The Economist • The Guardian • Foreign Affairs
Download or read book Africa s Infrastructure written by World Bank and published by World Bank Publications. This book was released on 2009-12-01 with total page 386 pages. Available in PDF, EPUB and Kindle. Book excerpt: Sustainable infrastructure development is vital for Africa s prosperity. And now is the time to begin the transformation. This volume is the culmination of an unprecedented effort to document, analyze, and interpret the full extent of the challenge in developing Sub-Saharan Africa s infrastructure sectors. As a result, it represents the most comprehensive reference currently available on infrastructure in the region. The book covers the five main economic infrastructure sectors information and communication technology, irrigation, power, transport, and water and sanitation. 'Africa s Infrastructure: A Time for Transformation' reflects the collaboration of a wide array of African regional institutions and development partners under the auspices of the Infrastructure Consortium for Africa. It presents the findings of the Africa Infrastructure Country Diagnostic (AICD), a project launched following a commitment in 2005 by the international community (after the G8 summit at Gleneagles, Scotland) to scale up financial support for infrastructure development in Africa. The lack of reliable information in this area made it difficult to evaluate the success of past interventions, prioritize current allocations, and provide benchmarks for measuring future progress, hence the need for the AICD. Africa s infrastructure sectors lag well behind those of the rest of the world, and the gap is widening. Some of the main policy-relevant findings highlighted in the book include the following: infrastructure in the region is exceptionally expensive, with tariffs being many times higher than those found elsewhere. Inadequate and expensive infrastructure is retarding growth by 2 percentage points each year. Solving the problem will cost over US$90 billion per year, which is more than twice what is being spent in Africa today. However, money alone is not the answer. Prudent policies, wise management, and sound maintenance can improve efficiency, thereby stretching the infrastructure dollar. There is the potential to recover an additional US$17 billion a year from within the existing infrastructure resource envelope simply by improving efficiency. For example, improved revenue collection and utility management could generate US$3.3 billion per year. Regional power trade could reduce annual costs by US$2 billion. And deregulating the trucking industry could reduce freight costs by one-half. So, raising more funds without also tackling inefficiencies would be like pouring water into a leaking bucket. Finally, the power sector and fragile states represent particular challenges. Even if every efficiency in every infrastructure sector could be captured, a substantial funding gap of $31 billion a year would remain. Nevertheless, the African people and economies cannot wait any longer. Now is the time to begin the transformation to sustainable development.
Download or read book Africa Rising written by Ian Taylor and published by Boydell & Brewer Ltd. This book was released on 2014 with total page 210 pages. Available in PDF, EPUB and Kindle. Book excerpt: Africa is said to be rising, turning a definitive page in its history, heralding new and exciting possibilities for the continent. This discourse maintains that with upsurge in economic growth comes improved governance and endogenous dynamics; that the emerging economies, and especially the BRICS (Brazil, Russia, India, China, South Africa), have been instrumental in diversifying Africa's international relations, perhaps leading to a radical change in the global order, favourable to the developing world. But to what extent is this true, and how deep and how broad has been the impact on society at large? This book takes a critical look at the prevalent Africa Rising discourse, and explores the nature and implications of Africa's "rise" and the role that the BRICS have played in it. The author argues that Africa has still to undergo any structural transformation; that there is strong evidence that deindustrialisation and jobless growth have accompanied the upsurge of interest in the continent; and that far from making a radical turn in its developmental trajectory, Africa is being pushed into the resource corner as commodity exporters, to the North (and now, the BRICS) with little scope for industrial progress or skills advancement. Hope that the BRICS might offer an alternative to the extant neoliberal order are misplaced, for the BRICS have a stake in maintaining the current global unequality. Africa must therefore fashion its own independent path - while the emerging economies will be important, relying on external actors may simply reproduce anew the current state of underdevelopment. Ian Taylor is Professor in International Relations and African Politics, University of St Andrews; Chair Professor, Renmin, University of China; Professor Extraordinary, University of Stellenbosch, South Africa; Honorary Professor, Institute of African Studies, Zhejiang Normal University, China; and a Visiting Scholar at Mbarara University of Science and Technology, Uganda.
Download or read book China Returns to Africa written by Chris Alden and published by Hurst & Company. This book was released on 2008 with total page 420 pages. Available in PDF, EPUB and Kindle. Book excerpt: The geopolitical landscape of contemporary China-Africa relations has provoked wide media interest. After being conspicuously overlooked during the G8's purported 'Year of Africa', the topic generated wider debate in the build-up to the China-Africa Summit in Beijing in 2006. Despite this, China's deepening re-engagement with the African continent has been relatively neglected in academic and development policy circles. In particular, the concrete ways in which different Chinese actors are operating in different parts of Africa, their political dynamics and implications for African development as well as Western views of this phenomenon, have yet be explored in depth."China Returns to Africa" responds to this need by addressing the key issues in contemporary China-Africa relations. Taking its cue from the widely touted 'Chinese Scramble for Africa' and the accompanying claim of a 'new Chinese imperialism', the book moves beyond narrow media-driven concerns to offer one of the first far-ranging surveys of China's return to Africa, examining what this new relationship holds for diplomacy, trade and development.
Download or read book Trade and Industrial Development in Africa written by Moyo, Theresa and published by CODESRIA. This book was released on 2015-03-02 with total page 406 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book revisits the perennial challenge that scholars, economists, and politicians have been grappling with since the 1960s. Development, in this book, has been defined in a context that projects it as a multidimensional and complex process which seeks to enhance the human, social, economic and cultural welfare of the people. This book calls for a rethinking of trade and industry for Africa's development. It uses data drawn from national development plans and strategies, and trade and industry issues have been prioritized at the continental level, in key policy documents. On the whole Africa's industry and trade performance have been poor in spite of national, regional, and continental plans. The contributors to this volume propose some alternative strategies and policies which are necessary for trade and industry to grow and to contribute to the well-being of Africa's people. It calls for a developmental trade and industry policy which, fundamentally, must be people-centred. African states should invest time, energy and resources to develop policies which will take into consideration African realities.The different contributors are aware that Africa has experienced strong economic growth in the recent past but this growth has largely been due to a strong demand for Africa's primary commodity exports. It has also been a result of increases in productivity and domestic investment and remittances from Africans living in the Diaspora. It is important to note that despite this unprecedented growth performance, the impact of trade and industry on development has been limited. The book argues that a structural transformation of Africa's economies is inevitable if Africa is to achieve the shift from the dominant paradigm of production and export of primary goods. The various contributors to this book agree that there is need to rethink policy and strategy in order to achieve industrial development in Africa. There is no unique solution or answer that can fit all situations as African countries are not the same. While Africa can draw lessons from other regions which have successfully industrialized, this book argues that policies and strategies will have to be adapted to country-specific situations and circumstances.
