The Power of the Chinese Dragon: Implications for African - download pdf or read online

By Spencer Henson, Fiona Yap

ISBN-10: 1137574496

ISBN-13: 9781137574497

ISBN-10: 1349577650

ISBN-13: 9781349577651

This crucial reader brings jointly released articles from Palgrave's magazine the ecu magazine of improvement examine at the improvement among China and Africa in addition to rising nationwide economies within the BRICs staff. themes contain alternate kin, funding in sub-Saharan Africa, international politics of improvement and extra.

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36 Source: Authors’ elaboration on data from BACI-CEPII data set. Do Chinese Exports Crowd-out African Goods? 19 The Impact of China on Africa through the Trade Channel – A Brief Look at the Existing Literature To our knowledge, not many studies have so far investigated the impact of China-Africa trade relations on either single countries or group of countries. The existing studies have been based on traditional measures of trade similarity, and have compared the exporting pattern of African countries with that of China or have looked at the evolution of international market shares.

Morris (2006) compares the current situation to a previous period of exportled growth, when the newly industrialized countries entry in international markets displaced domestic producers in the industrialized countries. These economies were not in direct competition, but rather they were involved in a positive-sum game among themselves. 9. Currently, Algeria, Egypt, Morocco and Tunisia have signed such agreements, which have entered into force at different times. 10. Owing to lack of individual country statistics before 2000, the five countries belonging to the Southern African Custom Unit: South Africa, Botswana, Namibia, Lesotho and Swaziland are considered as a unique reporter.

More recently, gravity models have also been adopted to measure displacement effects (Palley, 2003; Razmi and Blecker, 2008), to investigate the impact of China on Asian trade performance (Eichengreen et al, 2004; Eichengreen and Tong, 2006; Greenaway et al, 2006), and the effects of China and India’ textile exports on a small group of African countries (Geda and Meskel, 2007). To do this, the traditional gravity equation has been augmented including Chinese exports to the same markets among the independent variables (cf.

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The Power of the Chinese Dragon: Implications for African Development and Economic Growth by Spencer Henson, Fiona Yap


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