Sino-Africa economic and trade relations: Its impact and implications on the African continent

Ayenagbo, Kossi

doi:10.5897/ajbm11.2728

Cited by 3 publications

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“…Africa, on the other hand, has drawn on China's expertise and support to enhance its infrastructure, create promising choices in external partnerships, and advance its capacities in health care while spurring economic growth (Tu 2008;Ayenagbo et al 2012). Recognizing this mutual need, China and Africa have over the years intensified exchanges, notably in the areas of trade, investment, infrastructure, aid, and natural resources.…”

Section: Introductionmentioning

confidence: 99%

Innovating South-South Cooperation

2019

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the emergence of new economies and the significance of their trade with each other, including Brazil, China, India, and Malaysia, were both noted and explored.Since these meetings, SSC has grown in both significance and magnitude. Emerging and middle-income countries especially have experienced a significant increase in trading relationships between trading partners in similar economic positions. Najam and Thrasher assert that "the global financial downturn and stalled multilateral trade negotiations" have spurred the growth of these forms of cooperation (Najam and Thrasher 2012, 1). The UN Office for SSC is continually researching and drafting policies that address the peculiarities of SSC as both a policy measure and a practice. Yet, in spite of the important role these forms of cooperation play in global trading affairs, and in turn socio-political realities, a critical study of SSC is lacking in scholarship. The concept has been gaining momentum faster than academic literature has been able to keep up.This volume arose out of an evident lack of literature on SSC, both in academia and the policy world. Current forms, mechanisms, and dynamics of international affairs, including development assistance, trade, and regional social policy, are creating linkages across borders in new and exciting ways. For example, the shifting dominance of emerging southern countries such as India, China, Nigeria, and Turkey is in part owing to the increasing importance of groupings such as BRICS (Brazil, Russia, India, China, and South Africa) and MINT (Mexico, Indonesia, Nigeria, Turkey). The chapters in this book highlight historical as well as contemporary challenges, realities, and opportunities for SSC and shed light on prospects. SSC and Its DiscontentsSouth-South Cooperation (SSC) is in essence any form of cooperation, though normally it refers to trade and socio-economic policy frameworks between two or more countries or regions that are situated in the Global South. The term "Global South" is much more nuanced than a geographical description. Although these countries are predominantly located in the southern hemisphere, the term refers to their conceptualization as developing or middle-income countries rather than their geographical location. For example, Turkey is technically in the northern hemisphere but is regarded as southern given its emerging income status; Australia and New Zealand are technically

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Section: Introductionmentioning

confidence: 99%

Innovating South-South Cooperation

2019

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Chinese MNEs and managerial knowledge transfer in Africa: the case of the construction sector in Ghana

Auffray¹,

2015

Journal of Chinese Economic and Business Studies

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This paper examines managerial knowledge transfer from Chinese multinational enterprises in Africa, in the context of the Ghanaian construction sector. Using empirical data from in-depth qualitative interviews and by comparing Chinese MNEs to western MNEs, the paper investigates key channels as well as determinants and impediments of managerial knowledge spillovers in this sector. It finds that managerial knowledge transfer from Chinese MNEs in the construction section is constrained by limited local employment at the managerial level in Chinese construction firms, as well as cultural and linguistic barriers. Localisation strategies, in which Chinese managers are progressively replaced by local ones, are found to emerge in Chinese MNEs. This helps to overcome these barriers, foster managerial knowledge spillovers, and ensure these MNEs' sustainability in Africa. JEL classifications: O14, O19, O33 Keywords: foreign direct investment, knowledge spillovers, management, China, Africa 3 Caution is recommended with FDI statistics. Pietrobelli et al. (2010:3) noted that the MOFCOM FDI statistics "underestimate the real value of investments because they do not include the financial sector and are based on the value arising from approval procedures rather than the effective value of bids ... In addition, these data do not account for most M&A activity ... Notwithstanding these limitations, MOFCOM data represent the most up-to-date source of information on Chinese FDI, disaggregated by destination country and sector".

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A Diaspora’s Engagement in Changing International Relations : The Case of Overseas Chinese in Africa

kwon¹,

Golam²

2014

studiesinhumanitiesandsocialsciences

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Sino-Africa economic and trade relations: Its impact and implications on the African continent

Cited by 3 publications

References 0 publications

Innovating South-South Cooperation

Innovating South-South Cooperation

Chinese MNEs and managerial knowledge transfer in Africa: the case of the construction sector in Ghana

A Diaspora’s Engagement in Changing International Relations : The Case of Overseas Chinese in Africa

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