IDEAS home Printed from https://ideas.repec.org/a/sae/emeeco/v2y2010i2p173-188.html
   My bibliography  Save this article

Looking East

Author

Listed:
  • Deborah Brautigam

    (Deborah Brautigam is Professor, International Development Program, School of International Service, American University, Washington, DC 20016 USA. E-mail: dbrauti@american.edu)

Abstract

Asian investment and economic engagement in Africa is a prominent feature of this decade. This newly prominent engagement raises many issues for the emerging and frontier economies of Africa. What are the dimensions of this engagement? Do Asian partners offer anything different from Africa’s traditional partners? China is the most prominent of these Asian partners. This article concentrates first on the dimensions of this engagement: trade and investment flows. It then focuses on Chinese instruments for economic engagement on the continent. Five instruments are selected for discussion: (1) Lines of credit to Chinese multinationals; (2) Export credits; (3) Resource-backed loans; (4) China Africa Development Fund; and (5) China’s overseas special economic zones. A final section considers the impact of the global financial crisis on Chinese engagement, finding that some Chinese companies are using the crisis as an opportunity to deepen their investments, through countercyclical purchases.

Suggested Citation

  • Deborah Brautigam, 2010. "Looking East," Global Journal of Emerging Market Economies, Emerging Markets Forum, vol. 2(2), pages 173-188, May.
    • Handle: RePEc:sae:emeeco:v:2:y:2010:i:2:p:173-188
    DOI: 10.1177/097491011000200205
    as

    Download full text from publisher

    File URL: https://journals.sagepub.com/doi/10.1177/097491011000200205
    Download Restriction: no
    File URL: https://libkey.io/10.1177/097491011000200205?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
    ---><---

    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:sae:emeeco:v:2:y:2010:i:2:p:173-188. 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: SAGE Publications (email available below). General contact details of provider: http://www.emergingmarketsforum.org/ .

    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.