China and Latecomer Industrialization Processes in Sub-Saharan Africa: A Case of Combined and Uneven Development

Wolf, Christina

doi:10.13169/worlrevipoliecon.7.2.0249

Cited by 5 publications

(1 citation statement)

References 49 publications

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“…Christina Wolf also argues that many China-related effects work in favor of manufacturing development [13] and advocates for the positive role that China played in Angola's domestic-market formation and general economic development. The process was, according to her, supported by the economic engagement with China, on one hand due to the Chinese contracted projects which increased demand for building materials.…”

Section: Introductionmentioning

confidence: 99%

China-Angola Investment Model

Begu

Vasilescu

Stanila³

et al. 2018

Sustainability

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Abstract:In the aftermath of Angola's civil war, strong economic relations developed between the country and the People's Republic of China. Our study addresses China's investment risks in Angola, considering an infrastructure-for-petroleum partnership between these two countries. The main working hypothesis is that the recovery of Chinese investments made in Angola is has translated into thousands of barrels of petroleum being imported daily from Angola. We analyzed the main economic, social, and political indicators that describe the situation in Angola that could impact the recovery of Chinese loans in the form of oil exports. Data processing implied involved regression-based imputation, MinMax data normalization, the use of the Analytical Hierarchy Process (AHP), and econometric analysis, next to the construction of a composite risk indicator. The results of the econometric analysis highlighted that an increase in the composite risk indicator of 1% leads to a decrease in the quantity of petroleum exported by almost 6377 barrels per day. Because, at least in the short run, the economic diversification in Angola is weak, and the most important asset is its oil, the partnership with China will continue to exist. This cooperation model represents a source of economic growth and infrastructure development for Angola and a source of energy that fuels China-one of the most powerful economies in the world.

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Section: Introductionmentioning

confidence: 99%

China-Angola Investment Model

Begu

Vasilescu

Stanila³

et al. 2018

Sustainability

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Economic transformation in Africa: What is the role of Chinese firms?

Calabrese

Tang

2022

J of Intl Development

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African countries face an economic transformation gap. Given the large and growing Chinese presence on the African continent, a fundamental question is whether Chinese firms contribute to, or hinder, economic transformation in Africa. This article conducts a scoping review of over one hundred sources, examining the pathways through which Chinese firms can affect economic transformation. On balance, the literature points to a positive role of Chinese firms. Africa-China trade leads to mixed results, while Chinese investment and infrastructure construction are found to contribute positively to transformation. Chinese firms are also found to support capacity building, spillovers and innovation in African countries.

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Towards a conception of the systemic impact of China on late development

2020

Third World Quarterly

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The tremendous expansion of the Chinese economy since the turn of the century, especially in terms of its external dynamics, is of world-scale significance. It seems to justify the quest for appropriate conceptions of China"s systematic impact on late development worldwide. A large number of scholarly studies have coalesced to analyse two crucial aspects of the impact, namely: impact on the performance of industrialization and the condition of labour in the developing world. This paper seeks to critically appraise and reinterpret the existing studies. The appraisal is not so much a critique but rather an attempt to appropriately position the studies in the systematic context. It is submitted that the existing studies" focus on market competition, as the main form through which China"s impact manifests, needs to be complemented and underpinned by the more fundamental consideration on productive investment. In the direction of constructing a systematic conception, it is further submitted that the China impact can potentially serve as a countervailing force against the prevailing dynamics of the world economy under neoliberal globalization -i.e., the rising predominance of speculative finance that tends to crowd out productive investment, thereby hampering industrialization and worsening labour condition in the developing world.

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China and Latecomer Industrialization Processes in Sub-Saharan Africa: A Case of Combined and Uneven Development

Cited by 5 publications

References 49 publications

China-Angola Investment Model

China-Angola Investment Model

Economic transformation in Africa: What is the role of Chinese firms?

Towards a conception of the systemic impact of China on late development

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