Huang Qixuan On How Chinese Capital Fostering a Crowding-In Effect to Build Infrastructure, Strengthen State Capacity, and Accelerate Industrial Transfer
Thanks for sharing ! I have not fully got through the bibliography, but it is still hard to find a comprehensive study or data, although it might be hard to do so on the scale of the continent, as each country has its specificity. Data on FDI is available, but less on value creation or value unlocking through infrastructure and industrial development. And I firmly believe that the structured and "complete" approach (with infrastructure and manufacturing ecosystem)of Chinese companies changes the growth trajectory of African countries, but more broadly of emerging countries where they are investing, compared to IMF/WB past remedies or very specific/focused approach projet by project of some OECD development agencies. Plus, and what is also a big game changer, the lower cost of Chinese capital (and consumer) goods vs expensive Western ones have an impact on FX, purchasing power, scale of projects, etc. Chinese ODI could, imho, create genuine demand. If you have other readings or specialists to point to, please share. Thanks again.
The lack of concrete data is a long-standing problem in China’s African studies. I would also attribute it to the lack of local state capacity to collect those numbers. Really, thanks for your suggestions!
Quote :"Except for Mauritius, most African SEZs failed to succeed, neither attracting investment nor promoting employment." Unquote. Is the statement a mistake? Do it mean all SEZ failed?
Thanks for sharing ! I have not fully got through the bibliography, but it is still hard to find a comprehensive study or data, although it might be hard to do so on the scale of the continent, as each country has its specificity. Data on FDI is available, but less on value creation or value unlocking through infrastructure and industrial development. And I firmly believe that the structured and "complete" approach (with infrastructure and manufacturing ecosystem)of Chinese companies changes the growth trajectory of African countries, but more broadly of emerging countries where they are investing, compared to IMF/WB past remedies or very specific/focused approach projet by project of some OECD development agencies. Plus, and what is also a big game changer, the lower cost of Chinese capital (and consumer) goods vs expensive Western ones have an impact on FX, purchasing power, scale of projects, etc. Chinese ODI could, imho, create genuine demand. If you have other readings or specialists to point to, please share. Thanks again.
The lack of concrete data is a long-standing problem in China’s African studies. I would also attribute it to the lack of local state capacity to collect those numbers. Really, thanks for your suggestions!
Quote :"Except for Mauritius, most African SEZs failed to succeed, neither attracting investment nor promoting employment." Unquote. Is the statement a mistake? Do it mean all SEZ failed?
Paul cheuk
That’s what the author said, I’ve checked a little bit online, and there’s few successful SEZ in Africa in early 21st century