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An Asian-Driven Economic Recovery in Africa? The Zambian Case

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  • Carmody, Pádraig

Abstract

Summary Economic growth in Sub-Saharan Africa has recently increased dramatically, largely driven by Chinese demand and investment. This paper explores the nature of this growth through a Zambian case study. While China's role is important there are other global and regional powers, and national factors which substantially shape the current developmental trajectory. Similarities to previous rounds of extractive globalization notwithstanding, with greater inter-African coordination, there is scope for South-South cooperation to have a substantial poverty reduction impact in the future. Consequently, the new "scalar alignment" opens up the possibility of a poverty reducing development regime.

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  • Carmody, Pádraig, 2009. "An Asian-Driven Economic Recovery in Africa? The Zambian Case," World Development, Elsevier, vol. 37(7), pages 1197-1207, July.
    • Handle: RePEc:eee:wdevel:v:37:y:2009:i:7:p:1197-1207
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    Cited by:

    1. Kelvin Mulungu & John N. Ng’ombe, 2017. "Sources of Economic Growth in Zambia, 1970–2013: A Growth Accounting Approach," Economies, MDPI, vol. 5(2), pages 1-23, May.
    2. Simplice A. Asongu & Paul N. Acha-Anyi, 2020. "A survey on the Washington Consensus and the Beijing Model: reconciling development perspectives," International Review of Economics, Springer;Happiness Economics and Interpersonal Relations (HEIRS), vol. 67(2), pages 111-129, June.
    3. Simplice Asongu, 2014. "Sino-African relations: a review and reconciliation of dominant schools of thought," Working Papers of the African Governance and Development Institute. 14/037, African Governance and Development Institute..
    4. Bräutigam, Deborah & Tang, Xiaoyang, 2012. "Economic statecraft in China’s New Overseas Special Economic Zones: Soft power, business, or resource security?," IFPRI discussion papers 1168, International Food Policy Research Institute (IFPRI).
    5. Dumisani Chirambo, 2014. "The Climate Finance and Energy Investment Dilemma in Africa," Journal of Developing Societies, , vol. 30(4), pages 415-440, December.
    6. Simplice Anutechia Asongu, 2014. "A Development Consensus reconciling the Beijing Model and Washington Consensus: Views and Agenda," AAYE Policy Research Working Paper Series 14_025, Association of African Young Economists, revised Dec 2014.
    7. Ron Sandrey & Hannah Edinger, 2011. "Working Paper 128 - China’s Manufacturing and Industrialization in Africa," Working Paper Series 294, African Development Bank.
    8. Kaushik Basu & Supriyo De & Rangeet Ghosh & Shweta ., 2011. "The Evolving Dynamics of Global Economic Power in the Post-crisis World: Revelations from a New Index of Government Economic Power," Working Papers id:4666, eSocialSciences.
    9. Andrew Brooks & David Simon, 2012. "Unravelling the Relationships between Used-Clothing Imports and the Decline of African Clothing Industries," Development and Change, International Institute of Social Studies, vol. 43(6), pages 1265-1290, November.
    10. Anwar Mohammad Amir, 2014. "Indian foreign direct investments in Africa: a geographical perspective," Bulletin of Geography. Socio-economic Series, Sciendo, vol. 26(26), pages 1-15, December.
    11. Simplice Asongu & John Ssozi, 2016. "Sino-African Relations: Some Solutions and Strategies to the Policy Syndromes," Journal of African Business, Taylor & Francis Journals, vol. 17(1), pages 33-51, January.
    12. Hisham Aidi, 2018. "China’s Economic Statecraft in Africa," Policy notes & Policy briefs 1825, Policy Center for the New South.

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