IDEAS home Printed from https://ideas.repec.org/a/mgs/ijoied/v3y2017i1p7-27.html
   My bibliography  Save this article

Impact of Sino-Africa Economic Relations on the Ghanaian Economy: The Case of Textiles

Author

Listed:
  • Isaac Ibrahim

    (School of Economics, Huazhong University of Science and Technology, Wuhan, China)

Abstract

Africa is a Continent endowed with enormous natural resources that has attracted the attention of the west in particular; and has been described as a base for development of western Countries. In the twenty first century, the worlds second largest economy; China has become a new development partner to Africa in Economic Corporation and trade. China-Africa trade also known as Sino-Africa trade and relationship has increased tremendously over the last two decades especially. The main components of Sino-African relations have been in areas including: Bilateral trade, Investments and Aid. Sino-African relations have been under scrutiny with some accusing China of pursuing an aid for oil/resource policy and even neo-colonial hidden motives. Further, there are some who question the impact of relations on local industries. The Study focuses on one of the most promising economies in Africa: Ghana. Sino-Ghana economic relations have a long standing history. The study aims to take cursory look at Sino-Africa trade relations, and its impact on the Ghanaian Economy; especially in the Textile sector, an important sector of the economy. To this end the study employs case study approach; employing available qualitative and quantitative data from relevant sources for empirical analysis. The results reveal that Sino-African Economic and trade relations impact on the Ghanaian textile industry negatively in areas such as employment, although some positive benefits such as cheaper prices for consumers accrue.

Suggested Citation

  • Isaac Ibrahim, 2017. "Impact of Sino-Africa Economic Relations on the Ghanaian Economy: The Case of Textiles," International Journal of Innovation and Economic Development, Inovatus Services Ltd., vol. 3(1), pages 7-27, April.
  • Handle: RePEc:mgs:ijoied:v:3:y:2017:i:1:p:7-27
    DOI: 10.18775/ijied.1849-7551-7020.2015.31.2001
    as

    Download full text from publisher

    File URL: http://researchleap.com/wp-content/uploads/2017/05/1.-Impact-of-Sino-Africa-Economic-Relations-on-the-Ghanaian-Economy.pdf
    Download Restriction: no

    File URL: http://researchleap.com/impact-sino-africa-economic-relations-ghanaian-economy-case-textiles/
    Download Restriction: no

    File URL: https://libkey.io/10.18775/ijied.1849-7551-7020.2015.31.2001?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Reginald Masimba Mbona, 2021. "The Impact of China-Africa Trade on Industries in Africa: A Case Study of FOCAC and BRI," Business and Economic Research, Macrothink Institute, vol. 11(2), pages 301-318, June.
    2. James Boafo & Sebastian Angzoorokuu Paalo & Senyo Dotsey, 2019. "Illicit Chinese Small-Scale Mining in Ghana: Beyond Institutional Weakness?," Sustainability, MDPI, vol. 11(21), pages 1-18, October.

    More about this item

    Keywords

    Ghanaian economy; Ghana textile industry; Sino-Africa economic relations; Sino- Ghana economic relations; Trade of trade.;
    All these keywords.

    JEL classification:

    • M00 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - General - - - General

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:mgs:ijoied:v:3:y:2017:i:1:p:7-27. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Bojan Obrenovic (email available below). General contact details of provider: https://researchleap.com/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.