Download or read book The Political Economy of Chinese FDI and Spillover Effects in Africa written by Dominik Kopiński and published by Springer Nature. This book was released on 2023-10-26 with total page 284 pages. Available in PDF, EPUB and Kindle. Book excerpt: What are the impacts of Chinese investment in Africa? Is it transforming economic development on the continent? This book is different from many other studies of this issue, as it unpacks the ‘black box’ of technological and learning spillover effects from Chinese firms to others. Rather than using econometric tools, which has now become a standard approach and come with their own set of challenges, the authors investigate the interactions between Chinese investors and African firms in terms of the transfer of technology and learning and explain why such interactions are rare. Only by understanding the reasons behind this rarity can approaches be developed to promote spillovers.
Download or read book The New Presence of China in Africa written by Meine Pieter van Dijk and published by Amsterdam University Press. This book was released on 2009 with total page 225 pages. Available in PDF, EPUB and Kindle. Book excerpt: "This book describes China's growing range of activities in Africa, especially in the sub-Saharan region. The three most important instruments China has at its disposal in Africa are development aid, investments and trade policy. The Chinese government, which believes the Western development aid model has failed, is looking for new forms of aid and development in Africa. China's economic success can partly be ascribed to the huge availability of cheap labour, which is primarily employed in export-oriented industries. China is looking for the required raw materials in Africa, and for new marketplaces. Investments are being made on a large scale in Africa by Chinese state-controlled firms and private companies, particularly in the oil-producing countries (Angola, Nigeria and Sudan) and countries rich in minerals (Zambia). Third, the trade policy China is conducting is analysed in China and compared with that of Europe and the United States. In case studies the specific situation in several African countries is examined. In Zambia the mining industry, construction and agriculture are described. One case study of Sudan deals with the political presence of China in Sudan and the extent to which Chinese arms suppliers contributed to the current crisis in Darfur. The possibility of Chinese diplomacy offering a solution in that conflict is discussed. The conclusion considers whether social responsibility can be expected of the Chinese government and companies and if this is desirable, and to what extent the Chinese model in Africa can act as an example - or not - for the West"--Publisher's description.
Download or read book Trends and Impacts of China s FDI in Kenya written by Winnie Waweru and published by Anchor Academic Publishing. This book was released on 2016-11 with total page 41 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since China's reforms, the country has experienced tremendous growth and expansion. China's government has encouraged the companies to go global, with the recent reforms of the “Go West” and “Going Global” policy. Since China became a member of the World Trade Organisation in 2001, economic reforms have led to a spectacular economic success which has generated rapid economic growth over two decades. The country has moved from a centrally-planned economy towards a market economy. This research study focuses on the impact and the trends of Chinese FDI (foreign direct investment) on Kenya’s economic sectors of agriculture, infrastructure, manufacturing, and tourism. It seeks to quantify the advantages and disadvantages through the SWOT analysis and to suggest policies necessary to maximize the development impact of China in Kenya. The study takes a qualitative and quantitative approach with close textual analysis of the existing data and information from the Kenya embassy in Beijing and KIA and auxiliary information from existing written literature, books, internet sources, journal articles and interpretation of these sources.
Download or read book China s Power in Africa written by Olayiwola Abegunrin and published by Palgrave Macmillan. This book was released on 2020-11-06 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines China’s political, economic, and diplomatic engagement in Africa. The rapid increase of China’s economic and political involvement in Africa is the most momentous development on the continent of Africa since the beginning of the twenty-first century. China is now Africa’s largest trading partner and the largest infrastructure financier. Additionally, it is the fastest growing economy and source of foreign direct investment. This monograph seeks to understand the dynamics of the escalating Chinese investments in African economies and the political implications of this development for Africa. This work will interest scholars, students, academics, and policy makers on the fields of Chinese and African politics, development studies, and international political economy.
Download or read book The Globalization of Foreign Investment in Africa written by Adams Bodomo and published by Emerald Group Publishing. This book was released on 2017-10-31 with total page 132 pages. Available in PDF, EPUB and Kindle. Book excerpt: The 21st Century era of globalization has opened up many investment alternatives for Africa. This book examines the role of FDI in Africa's socio-economic development with reference to Europe and two economic powers in Asia - China and India.
Download or read book Spillovers from China onto Sub Saharan Africa written by Mr.Derek Anderson and published by International Monetary Fund. This book was released on 2015-10-06 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt: What is the impact of economic spillovers from China on sub-Saharan Africa (SSA)? This is an increasingly important question because of China’s growing economic role as a partner of SSA countriesfor both trade and the buildup of infrastructure in the region. The impact of spillovers from China has been an open question because of the challenge to use an internally consistent framework with solid economic foundations that accounts for both the direct impact China may have on individual countries in SSA through a variety of channels (trade, investment, financial) as well as the impact on the region through the global economy (economic activity and commodity prices). This paper explores those channels of transmission and provides illustrative order of magnitude for the short- and medium-term economic impact by using AFRMOD, a module of the Flexible System of Global Models (FSGM), a multicountry general equilibrium model developed at the IMF. Three alternative scenarios are considered: first, lower potential output in China that is originally misperceived as a temporary cyclical slowdown; second, structural reforms in China that aim to increase potential output; and third, a relocation of low-end manufacturing to sub-Saharan Africa.
Download or read book China Africa Relations in an Era of Great Transformations written by Li Xing and published by Routledge. This book was released on 2016-05-23 with total page 223 pages. Available in PDF, EPUB and Kindle. Book excerpt: This collection juxtaposes a variety of approaches about China and Africa, and their interrelations seeking to go beyond early, simplistic formulations. Perspectives informed by Polanyi advance nuanced analysis of varieties of capitalisms and double-movements. It seeks to put contemporary China-Africa relations in critical, comparative context and in doing so, it will go beyond descriptions of inter-regional trade and investment, large- and small-scale sectors, to ask whether structural change is underway. Already it is apparent that the growing presence of China in Africa presents the latter with some novel options but whether these will generate a new embeddedness remains problematic. Highlighting the ’varieties of capitalisms’ in the new century, given the undeniable difficulties of extreme neo-liberalism in the US and UK by contrast, to the apparent ebullience of the emerging economies in the global South, this book examines such implications for international relations, international political economy, development studies and policies.
Download or read book The Political Economy of Chinese FDI in Africa written by Ayalew Mamo and published by . This book was released on 2025-02-14 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Contemporary West African Economic Development and its Relations with China written by Lawrence Okolo Abutu and published by GRIN Verlag. This book was released on 2013-01-07 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt: Research Paper (postgraduate) from the year 2012 in the subject Economics - Case Scenarios, grade: none, Xiamen University (Research School of South-east Asian studies), course: World Economy, language: English, abstract: The rise of China may well be the most significant trend today redefining the geopolitics of Asia and the world beyond. This reflects in the influx of economic activities from various foreign investors who are attracted to the existence of a market for their products and services in the over 1.3 billion populated country. This also has some connections with the country’s investments in other countries such as Sub Saharan Africa. For example Africa supplied 77% of oil, 13 % of metalliferous ore, 3% of cotton, 2% wood, 3% pear and precious stones to Chinese economy, and on the demand side African economy sourced 5% industrial equipment, 7% electrical appliances, 8% telecommunication equipment, 8% transport vehicles, 14% clothing wares, and 16% textiles from the Chinese economy. Essentially, this significant development about China has been severally linked to its ‘open-door policy’ which took effect from the 1980s Although, Sino-Nigerian economic interdependence has grown exponentially over the past few decades, the contemporary waves of diplomatic relations appear to a reasonable extent mutually beneficial. Nigeria’s quest for development with an aggressive campaign for FDI as one of the motivating forces has opened the economy which China is seen as an ideal business partner. Accordingly, this paper, through a critical review of the literature examines, and evaluates the opportunities and challenges abound in the nascent economic and trade relationships, and discusses the future prospects of the deals for the Chinese, Nigerian, and African socio-economic growth. Key Words: Africa, China, FDI, Economic, Nigeria, Relations, Investments
Download or read book China in Africa written by Lorenzo Riccardi and published by Springer. This book was released on 2021-03-28 with total page 362 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book highlights China’s engagement with Africa through trade, investment and financial linkages. Its three main goals are as follows: firstly, to provide insights into Chinese FDI in Africa, by exploring a range of infrastructural projects and several countries’ historical, geographical, socio-political, cultural and economic backgrounds; secondly, to present the main double taxation treaties with Beijing and country profiles of the African economies; and lastly, to provide a valuable business guide for recognizing and capitalizing on new opportunities in Afro-Eurasia.
Download or read book Spillover effects Crowding in and the Contributions of FDI to Growth in China written by and published by . This book was released on 2005 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: The paper presents a review of theoretical concepts and empirical findings on the issue of FDI-induced spillover and crowding-effects in the Chinese economy. Against the background of the peculiar characteristics of China's FDI-inflows the paper discusses various research agendas and results. It finds mostly inconclusive evidence, which is understood to result from an insufficient analytical differentiation of FDI and host economy actors. On the 'supply'-side of FDI it seems to be necessary to include the parameter of 'cultural affinity' in the analysis and differentiate between Overseas Chinese and non-Chinese investors (with the latter probably featuring a greater potential for positive externalities). On the 'demand'-side it seems to be adequate to differentiate between the state and collective / private domestic sector and analyze their respective incentives to actively explore potential spillover effects and actually appropriate new technologies introduced by foreign investors. It seems as if the harder the budget constraints and the more competitive the environment, the greater the realized spillover effects. It becomes obvious that most existing studies are working with data that does not reflect the dynamic developments of the recent ten years. -- Foreign direct investment ; spillover-effects ; crowding-in ; Chinese economy
Download or read book The Political Economy of Development and Underdevelopment in Africa written by Toyin Falola and published by Routledge. This book was released on 2013-06-07 with total page 396 pages. Available in PDF, EPUB and Kindle. Book excerpt: While Africa is too often regarded as lying on the periphery of the global political arena, this is not the case. African nations have played an important historical role in world affairs. It is with this understanding that the authors in this volume set out upon researching and writing their chapters, making an important collective contribution to our understanding of modern Africa. Taken as a whole, the chapters represent the range of research in African development, and fully tie this development to the global political economy. African nations play significant roles in world politics, both as nations influenced by the ebbs and flows of the global economy and by the international political system, but also as actors, directly influencing politics and economics. It is only through an understanding of both the history and present place of Africa in global affairs that we can begin to assess the way forward for future development.
Download or read book African Bargaining Power with China written by Christina Seyfried and published by . This book was released on 2022-12 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: "This book provides a detailed account of the political economy around investment deal negotiations between African governments and private Chinese investors. The book draws on evidence from experiments and hundreds of interviews with policy makers and Chinese investors across Nigeria, South Africa, Kenya, Ethiopia and Tanzania. It shows that governments of authoritarian or one-party dominant states, which are among the top-receivers of Chinese investments, are able to easily and successfully act collectively to impose human capital and technology transfer requirements. The book argues that, rather than treating African countries as "price-takers" in the face of increasing Chinese influence in the continent, we should instead recognise the significant bargaining leverage that many African governments have to influence deal conditions, especially with smaller private Chinese companies. It demonstrates that several African governments can instead act "as price-setters" and that the success of the rising Chinese presence in Africa, and whether this leads to positive or negative development outcomes, fundamentally depends on the development strategies that individual African governments decide on. In the context of an often-polarised debate, the original research presented in this book has important implications for the future economic development strategies of African countries. As such, it will be of interest to researchers working on Chinese and African investment, politics, institutions, business, economics, and international relations"--
Download or read book The Power of the Chinese Dragon written by Spencer Henson and published by Springer. This book was released on 2016-01-26 with total page 253 pages. Available in PDF, EPUB and Kindle. Book excerpt: This important reader brings together published articles from Palgrave's journal The European Journal of Development Research on the development between China and Africa as well as emerging national economies in the BRICs group. Topics include trade relations, investment in sub-Saharan Africa, global politics of development and more.
Download or read book China s Resource Diplomacy in Africa written by M. Power and published by Springer. This book was released on 2012-07-17 with total page 348 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book seeks to understand China's evolving political and economic role in Africa and assesses what impacts Chinese aid, trade and investment have on the politics of specific African countries, and the extent to which it excites geopolitical competition.
Download or read book The Impact of China s Trade and Investment on the Economic Development in Resources rich Developing Countries RRDCs and Non resources rich Developing Countries Non RRDCs in Africa written by Alpha Lisimba and published by . This book was released on 2015 with total page 544 pages. Available in PDF, EPUB and Kindle. Book excerpt: Abstract The emergence of the People's Republic of China (hereafter, China) as a significant economic powerhouse in the last decade has restarted intense and ongoing discussions about China's foreign policy objectives. Sino-African relations, especially, have gained considerable prominence in the last two decades, as it has been a broadly discussed subject globally. Despite the significance of this intriguing subject, empirical research that examines the impact and effect of China's rapidly growing trade and investment on economic development outcomes on its trading partner countries in Africa is limited. This thesis examines China's trade and investment presence in resources-rich developing countries (RRDCs) and non-resources-rich developing countries (non RRDCs) with a particular focus on two African countries, resources-rich Angola and non-resources-rich Rwanda. The central purpose of the thesis is to study how far, and in what ways, China's foreign direct investment (FDI) affects economic and human development in terms of the creation of employment and the transfer of skills and technology. These elements are important for local capacity building, increase in productivity and the overall economic development of these countries. The study, thus, attempts to make a contribution to the ongoing academic debate on the rise of China and its developmental impact on Africa. In doing so, the context and background of the study has been established by reviewing the existing literature. Three relevant theories of international political economy (IEP), economic nationalism and dependency theory have been identified as the theoretical basis for analysing the complex relationship between China and Africa. A comparative case-study and mixed method approaches have been used in this study, accompanied by both qualitative and quantitative methods of data gathering, with most data collected from independent and credible sources including the World Bank, United Nations Conference on Trade and Development (UNCTAD), Ministry of Commerce of the People's Republic of China (MOFOCM), government reports and official documents, published books and academic journals. I argue that China's increasing trade, FDI inflow and influence on the economic growth and development of Angola and Rwanda have resulted in a long-term negative impact in their development outcomes and capacity building for future self-reliance. Angola and Rwanda have been selected for this cross-national comparison due to the recent increase in their economic collaboration with China. These countries were selected based on their different levels of economic development and resources, institutions, size of their economies, trade and FDI volume with China and the GDP growth rate. These factors made significantly interesting variables for the comparative examination. Although Africa, and the two case-countries in particular, have received a large volume of trade and FDI from China in the period following the launch of the Forum on China-Africa Cooperation, (FOCAC), the results suggest that China's trade and investment has resulted in negative outcomes in Angola and Rwanda. The findings not only fill a significant gap in the literature but also challenge the claims that Chinese investment is a win-win for Africa and that all African states benefit from their engagement with China. One of the major findings of this study is that China has replaced the Western form of dependency with a new dependency of similar structure. It is argued that China's FDI contribution to the stable creation of employment and the transfer of skills and technology is limited. The flood of cheap Chinese products has been instrumental in increasing unemployment, particularly in Angola. Local manufacturers and retailers have been displaced and consequently their very survival is in jeopardy. China has established economic relationships with the two countries because it is in China's best interests. Unless a relationship to maximize their benefits is forged from the Rwandan and Angolan side, the economic dependence of these two countries on China will continue to increase. The thesis, therefore, concludes that the understanding of the rising role of China in Africa is a critical part of the current international political economy. The size of China's economic activities indicates that it is likely to have a significant role to play in shaping Africa's economic and political situation in the years to come.
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:
