Contours of China’s “Africa Mode” and Who May Benefit
AbstractChina’s engagement with Africa intensified simultaneously in the four dimensions of trade, investment, aid, and immigration. Cross-dimensional complementarity as much as the geographical and sectoral spread distinguish the Chinese progression from most Western approaches. Who benefits from China in Africa is nevertheless still unclear in terms of aggregate welfare effects or the pro-poorness of growth. Furthermore, benefits in Africa depend on the African policy response to China’s advancement. It is argued that African policy-makers can take much on board from China’s own industrial, exchange rate, and trade policy. Lastly, negative effects from support for dictatorial regimes in Africa are not attributable to China alone, while Western policy learning on how to grant Africa the necessary policy space in a multi-polar environment remains painfully slow.
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Bibliographic InfoArticle provided by Institute of Asian Studies, GIGA German Institute of Global and Area Studies, Hamburg in its journal China aktuell - Journal of Current Chinese Affairs.
Volume (Year): 37 (2008)
Issue (Month): 3 ()
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