1. How Economic Superpower China Could Transform Africa.
- Author
-
Friedman, Edward
- Subjects
ECONOMIC development ,INTERNATIONAL economic relations ,CHINESE civilization ,CHINESE foreign relations, 1976- ,INTERNATIONAL relations ,ECONOMIC conditions in Africa, 1960- ,ECONOMIC conditions in Africa - Abstract
Against the conventional wisdom that Chinese involvement cannot transform Africa’s economy for the better so as to end much of the poverty and also to spark high speed growth, this paper finds that China is already in the process of transforming Africa. While the conventional wisdom sees corrupt regimes and weak state capacity in Africa frittering away Africa’s opportunity to rise by plugging into Chinese dynamism, China is found in this paper already to be exporting entrepreneurial talent to Africa and to be dynamizing the African economy through East Asian practices. Chinese can bring industry to Africa much as Japan brought it to Southeast Asia in the 1960s and 1970s. Africa could therefore be incorporated into Asian economic dynamism. [ABSTRACT FROM AUTHOR]
- Published
- 2009
- Full Text
- View/download PDF