The Rise of China and India [electronic resource]: What's in it for Africa? /
Goldstein, Andrea.
Organisation for Economic Co-operation and Development.Development Centre.
Pinaud, Nicolas.
Reisen, Helmut.
Chen, Xiaobao.
Paris : OECD Publishing,
2006.
This book demonstrates how the growing economic power of China and India is already influencing the growth patterns of African countries, particularly oil- and commodities-exporting ones. As world prices for commodities rise, producer countries in Africa and throughout the world will gain, but there is more to the story than that. Some African countries are redirecting part of their trade and other relationships from their traditional OECD partners to China and India. The book explores the consequences of this, and comes to some surprising conclusions.
Description based upon print version of record.
Includes bibliographical references (p. 143-151).
1. Introduction : impact channels -- 2. The Asian drivers' global macroeconomic impacts -- 3. Africa and the global commodity markets -- 4. The Asian drivers as markets for African exports -- 5. The Asian drivers as potential competitors -- 6. Back to the raw-material corner? Dutch disease in the Leamer Triangle -- 7. Foreign direct investment -- 8. Medium- and long-term scenarios -- 9. Policy implications -- 10. Some early conclusions -- Appendix A-E -- Bibliography.
This book demonstrates how the growing economic power of China and India is already influencing the growth patterns of African countries, particularly oil- and commodities-exporting ones. As world prices for commodities rise, producer countries in Africa and throughout the world will gain, but there is more to the story than that. Some African countries are redirecting part of their trade and other relationships from their traditional OECD partners to China and India. The book explores the consequences of this, and comes to some surprising conclusions.
Development
Development Centre Studies