Chinese investment in Africa: How much do we know?

There is a widespread belief that China plays a fundamental role in African economies, but few rigorous empirical studies to back up this view. Many reports describe China’s engagement with Africa as “neo-imperialism” and “authoritarian capitalism”, exploiting natural resources and local labour whil...

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Autores principales: Bräutigam, Deborah, Diao, Xinshen, McMillan, Margaret S., Silver, Jed
Formato: Artículo preliminar
Lenguaje:Inglés
Publicado: Centre For Economic Policy Research 2019
Materias:
Acceso en línea:https://hdl.handle.net/10568/146573
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author Bräutigam, Deborah
Diao, Xinshen
McMillan, Margaret S.
Silver, Jed
author_browse Bräutigam, Deborah
Diao, Xinshen
McMillan, Margaret S.
Silver, Jed
author_facet Bräutigam, Deborah
Diao, Xinshen
McMillan, Margaret S.
Silver, Jed
author_sort Bräutigam, Deborah
collection Repository of Agricultural Research Outputs (CGSpace)
description There is a widespread belief that China plays a fundamental role in African economies, but few rigorous empirical studies to back up this view. Many reports describe China’s engagement with Africa as “neo-imperialism” and “authoritarian capitalism”, exploiting natural resources and local labour while undermining democracy. A growing demand for natural resources in China is also credited with boosting growth across the continent, especially in Africa’s resource-rich countries. In this paper, Brautigam, Diao, McMillan and Silver (2016) present a more balanced and data-driven view on what we know about Chinese investment in Africa and what it means for growth. The authors use official Chinese data to examine the patterns of Chinese engagement in Africa for the period 1998 to 2015. Importantly, these data show large gaps between planned and realised investment. They distinguish between these, and focus only on realised investments. The data indicate that China’s influence in Africa is much smaller than is generally believed, though its engagement on the continent is increasing. Chinese investment in Africa, while less extensive than often assumed, has the potential to generate jobs and development on the continent.
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spelling CGSpace1465732025-01-27T15:00:25Z Chinese investment in Africa: How much do we know? Bräutigam, Deborah Diao, Xinshen McMillan, Margaret S. Silver, Jed industrial development policies investment development policies trade china manufacturing international trade foreign investment industrialization There is a widespread belief that China plays a fundamental role in African economies, but few rigorous empirical studies to back up this view. Many reports describe China’s engagement with Africa as “neo-imperialism” and “authoritarian capitalism”, exploiting natural resources and local labour while undermining democracy. A growing demand for natural resources in China is also credited with boosting growth across the continent, especially in Africa’s resource-rich countries. In this paper, Brautigam, Diao, McMillan and Silver (2016) present a more balanced and data-driven view on what we know about Chinese investment in Africa and what it means for growth. The authors use official Chinese data to examine the patterns of Chinese engagement in Africa for the period 1998 to 2015. Importantly, these data show large gaps between planned and realised investment. They distinguish between these, and focus only on realised investments. The data indicate that China’s influence in Africa is much smaller than is generally believed, though its engagement on the continent is increasing. Chinese investment in Africa, while less extensive than often assumed, has the potential to generate jobs and development on the continent. 2019-07-17 2024-06-21T09:07:35Z 2024-06-21T09:07:35Z Working Paper https://hdl.handle.net/10568/146573 en Open Access Centre For Economic Policy Research Private Enterprise Development in Low-Income Countries Brautigam, Deborah; Diao, Xinshen; McMillan, Margaret S.; and Silver, Jed. 2019. Chinese investment in Africa: How much do we know? Synthesis Pieces 2. London, UK: Centre for Economic Policy Research; Private Enterprise Development in Low-Income Countries. https://pedl.cepr.org/publications/chinese-investment-africa-how-much-do-we-know
spellingShingle industrial development
policies
investment
development policies
trade
china
manufacturing
international trade
foreign investment
industrialization
Bräutigam, Deborah
Diao, Xinshen
McMillan, Margaret S.
Silver, Jed
Chinese investment in Africa: How much do we know?
title Chinese investment in Africa: How much do we know?
title_full Chinese investment in Africa: How much do we know?
title_fullStr Chinese investment in Africa: How much do we know?
title_full_unstemmed Chinese investment in Africa: How much do we know?
title_short Chinese investment in Africa: How much do we know?
title_sort chinese investment in africa how much do we know
topic industrial development
policies
investment
development policies
trade
china
manufacturing
international trade
foreign investment
industrialization
url https://hdl.handle.net/10568/146573
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